Innovator Growth-100 Power Buffer ETF - January (NJAN) 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 NJAN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NJAN
NJAN charges 0.79% annually. There are 92 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | NJAN vs JULB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | NJAN vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | NJAN vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | NJAN vs APRB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | NJAN vs FBUF |
Best Risk-Adjusted Alternatives to NJAN
NJAN has a PortfoliosLab risk / return rank of 81. There are 166 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 | NJAN vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | NJAN vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | NJAN vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | NJAN vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | NJAN vs XBAP |
Top Performing NJAN Alternatives (YTD)
NJAN is at 7.33% YTD. There are 85 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 | NJAN vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.68% | — | Jan 2025 | NJAN vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.02% | 214.51M | Mar 2020 | NJAN vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.77% | 568.10M | Mar 2021 | NJAN vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.67% | 2.84M | Jun 2025 | NJAN vs QB |
Lowest Volatility Alternatives to NJAN
NJAN has 7.33% 1-year volatility. There are 195 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | NJAN vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.24% | — | Apr 2025 | NJAN vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | NJAN vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.34% | 19.60M | Apr 2025 | NJAN vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | NJAN vs MMAX |
Lowest Drawdown Alternatives to NJAN
NJAN has a 1-year max drawdown of -5.90%. There are 197 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 | NJAN vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | NJAN vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | NJAN vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | NJAN vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | NJAN vs CPSM |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 6 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 | 2.68% | 2.68B | Jun 2021 | NJAN vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 25 | 14.13% | 89.40M | Apr 2015 | NJAN vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 89 | 6.22% | 891.58M | Oct 2016 | NJAN vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 57 | 5.58% | 2.12B | Nov 2022 | NJAN vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 59 | 21.45% | 221.95M | Jul 2018 | NJAN vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 83 | 5.87% | 1.47B | Jan 2019 | NJAN vs PJAN | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 12.05% | 22.82M | Apr 2021 | NJAN vs XTAP | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 11.46% | 404.39M | Mar 2019 | NJAN vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 5.51% | 1.12B | Aug 2018 | NJAN vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 56 | 5.37% | 543.68M | Jan 2024 | NJAN vs QFLR |
Often Compared With NJAN
Investors most often compare NJAN with DJAN, BFEB, AJAN. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare NJAN with Any Fund or Stock
Compare NJAN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NJAN with funds that move differently
Innovator Growth-100 Power Buffer ETF - January alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NJAN.
Explore NJAN Diversifiers