AJAN vs. VOO
Compare and contrast key facts about Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) and Vanguard S&P 500 ETF (VOO).
AJAN and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AJAN is an actively managed fund by Innovator. It was launched on Dec 29, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AJAN or VOO.
Correlation
The correlation between AJAN and VOO is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AJAN vs. VOO - Performance Comparison
Key characteristics
AJAN:
1.30
VOO:
0.56
AJAN:
1.95
VOO:
0.92
AJAN:
1.32
VOO:
1.13
AJAN:
1.55
VOO:
0.58
AJAN:
8.35
VOO:
2.25
AJAN:
0.76%
VOO:
4.83%
AJAN:
4.91%
VOO:
19.11%
AJAN:
-4.11%
VOO:
-33.99%
AJAN:
-0.62%
VOO:
-7.55%
Returns By Period
In the year-to-date period, AJAN achieves a 0.54% return, which is significantly higher than VOO's -3.28% return.
AJAN
0.54%
3.64%
0.85%
6.35%
N/A
N/A
VOO
-3.28%
13.71%
-4.52%
10.70%
15.89%
12.40%
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AJAN vs. VOO - Expense Ratio Comparison
AJAN has a 0.79% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
AJAN vs. VOO — Risk-Adjusted Performance Rank
AJAN
VOO
AJAN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AJAN vs. VOO - Dividend Comparison
AJAN has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.34%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJAN Innovator Equity Defined Protection ETF - 2 Yr To January 2026 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
AJAN vs. VOO - Drawdown Comparison
The maximum AJAN drawdown since its inception was -4.11%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AJAN and VOO. For additional features, visit the drawdowns tool.
Volatility
AJAN vs. VOO - Volatility Comparison
The current volatility for Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) is 3.14%, while Vanguard S&P 500 ETF (VOO) has a volatility of 11.03%. This indicates that AJAN experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.