Innovator U.S. Equity Buffer ETF - January (BJAN) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BJAN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BJAN
BJAN charges 0.79% annually. There are 94 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | BJAN vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | BJAN vs JANB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | BJAN vs JULB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | BJAN vs APRB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | BJAN vs FBUF |
Best Risk-Adjusted Alternatives to BJAN
BJAN has a PortfoliosLab risk / return rank of 83. There are 157 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | BJAN vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | BJAN vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | BJAN vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | BJAN vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 132.07M | Mar 2021 | BJAN vs XBAP |
Top Performing BJAN Alternatives (YTD)
BJAN is at 9.23% YTD. There are 75 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | BJAN vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 15.61% | 2.87M | Jun 2025 | BJAN vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 15.29% | — | Jan 2025 | BJAN vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 14.35% | 214.27M | Mar 2020 | BJAN vs KAPR | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jan... | 14.32% | — | Jan 2025 | BJAN vs UXJA |
Lowest Volatility Alternatives to BJAN
BJAN has 8.21% 1-year volatility. There are 224 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | BJAN vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.37% | — | Apr 2025 | BJAN vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | BJAN vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.42% | — | Apr 2025 | BJAN vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.45% | — | Mar 2025 | BJAN vs MMAX |
Lowest Drawdown Alternatives to BJAN
BJAN has a 1-year max drawdown of -6.27%. There are 208 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | BJAN vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | BJAN vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | BJAN vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | BJAN vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | BJAN vs CPSM |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, BUFF, SFLR and span 5 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 96 | 3.34% | 2.72B | Jun 2021 | BJAN vs BALT | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 90 | 7.50% | 923.55M | Oct 2016 | BJAN vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 50 | 5.77% | 2.11B | Nov 2022 | BJAN vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 48 | 18.96% | 200.31M | Jul 2018 | BJAN vs LOUP | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 13.51% | 22.69M | Apr 2021 | BJAN vs XTAP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 84 | 7.00% | 1.44B | Jan 2019 | BJAN vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 12.86% | 403.09M | Mar 2019 | BJAN vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 81 | 7.33% | 963.46M | Sep 2018 | BJAN vs POCT | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 89 | 7.09% | 1.25B | Aug 2018 | BJAN vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 42 | 4.20% | 524.31M | Jan 2024 | BJAN vs QFLR |
Often Compared With BJAN
Investors most often compare BJAN with BFEB, NJAN, AJAN. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare BJAN with Any Fund or Stock
Compare BJAN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BJAN with funds that move differently
Innovator U.S. Equity Buffer ETF - January alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BJAN.
Explore BJAN Diversifiers