Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AJAN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AJAN
AJAN charges 0.79% annually. There are 52 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | AJAN vs PHEQ | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | AJAN vs ISWN | |
| iShares Large Cap Deep Buffer ETF | 0.50% | 128.70M | Jun 2023 | AJAN vs IVVB | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.70M | Jun 2023 | AJAN vs IVVM | |
| PGIM US Large-Cap Buffer 12 ETF - February | 0.50% | — | Jan 2024 | AJAN vs FEBP |
Best Risk-Adjusted Alternatives to AJAN
AJAN has a PortfoliosLab risk / return rank of 78. There are 80 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | AJAN vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | AJAN vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | AJAN vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | AJAN vs PBAP | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | AJAN vs APRP |
Top Performing AJAN Alternatives (YTD)
AJAN is at 2.03% YTD. There are 131 ETFs in the Options Trading category with higher YTD returns, going as high as 104.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 104.69% | 367.33M | Sep 2023 | AJAN vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 18.85% | 189.73M | Sep 2023 | AJAN vs QQQY | |
| LHA Market State Tactical Q ETF | 16.86% | 32.01M | Mar 2022 | AJAN vs MSTQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 16.06% | 880.92M | Mar 2024 | AJAN vs QDTE | |
| YieldMax NVDA Option Income Strategy ETF | 14.49% | 1.45B | May 2023 | AJAN vs NVDY |
Lowest Volatility Alternatives to AJAN
AJAN has 2.36% 1-year volatility. There are 14 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | AJAN vs APRD | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | AJAN vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | AJAN vs OCTQ | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | AJAN vs APRQ | |
| Innovator Premium Income 40 Barrier ETF - July | 0.00% | 6.82M | Jun 2023 | AJAN vs JULQ |
Lowest Drawdown Alternatives to AJAN
AJAN has a 1-year max drawdown of -2.24%. There are 29 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | AJAN vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | AJAN vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | AJAN vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | AJAN vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | AJAN vs APRW |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 5 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 93 | 2.03% | 2.46B | Jun 2021 | AJAN vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 32 | 21.49% | 89.40M | Apr 2015 | AJAN vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 88 | 5.58% | 869.87M | Oct 2016 | AJAN vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 67 | 6.20% | 2.00B | Nov 2022 | AJAN vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 73 | 29.15% | 219.47M | Jul 2018 | AJAN vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 81 | 5.32% | 1.52B | Jan 2019 | AJAN vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.98% | 401.85M | Mar 2019 | AJAN vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 88 | 4.63% | 1.00B | Aug 2018 | AJAN vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 74 | 6.83% | 527.81M | Jan 2024 | AJAN vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 77 | 5.56% | 1.02B | Sep 2018 | AJAN vs POCT |
Often Compared With AJAN
Investors most often compare AJAN with VOO, BJAN, NJAN. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AJAN with Any Fund or Stock
Compare AJAN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AJAN with funds that move differently
Innovator Equity Defined Protection ETF - 2 Yr To January 2026 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AJAN.
Explore AJAN Diversifiers