Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) 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 UJUL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UJUL
UJUL charges 0.79% annually. There are 89 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 | UJUL vs JULB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | UJUL vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | UJUL vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | UJUL vs APRB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | UJUL vs FBUF |
Best Risk-Adjusted Alternatives to UJUL
UJUL has a PortfoliosLab risk / return rank of 87. There are 83 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 | UJUL vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | UJUL vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | UJUL vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | UJUL vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | UJUL vs XBAP |
Top Performing UJUL Alternatives (YTD)
UJUL is at 4.95% YTD. There are 124 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 | UJUL vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.45% | — | Jan 2025 | UJUL vs KFEB | |
| FT Vest Emerging Markets Buffer ETF - March | 12.94% | — | Mar 2025 | UJUL vs TMAR | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.64% | 216.78M | Mar 2020 | UJUL vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 11.74% | 563.55M | Mar 2021 | UJUL vs QMAR |
Lowest Volatility Alternatives to UJUL
UJUL has 5.04% 1-year volatility. There are 96 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.16% | — | Mar 2025 | UJUL vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.21% | — | Apr 2025 | UJUL vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.28% | — | Apr 2025 | UJUL vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.34% | 19.60M | Apr 2025 | UJUL vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.41% | — | Mar 2025 | UJUL vs MMAX |
Lowest Drawdown Alternatives to UJUL
UJUL has a 1-year max drawdown of -3.98%. There are 111 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 | UJUL vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | UJUL vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | UJUL vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | UJUL vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | UJUL vs CPSM |
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 $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 95 | 2.19% | 2.53B | Jun 2021 | UJUL vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 33 | 22.03% | 89.40M | Apr 2015 | UJUL vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 86 | 4.93% | 869.51M | Oct 2016 | UJUL vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 50 | 3.18% | 2.04B | Nov 2022 | UJUL vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 56 | 20.69% | 214.23M | Jul 2018 | UJUL vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 78 | 4.49% | 1.48B | Jan 2019 | UJUL vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 9.94% | 404.13M | Mar 2019 | UJUL vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 90 | 5.00% | 997.06M | Aug 2018 | UJUL vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 57 | 3.73% | 524.53M | Jan 2024 | UJUL vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 4.80% | 969.70M | Sep 2018 | UJUL vs POCT |
Often Compared With UJUL
Investors most often compare UJUL with ACIO, BJUL, NJUL. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare UJUL with Any Fund or Stock
Compare UJUL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UJUL with funds that move differently
Innovator U.S. Equity Ultra Buffer ETF - July alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UJUL.
Explore UJUL Diversifiers