BAUG vs. BJUL
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - August (BAUG) and Innovator U.S. Equity Buffer ETF - July (BJUL).
BAUG and BJUL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BAUG is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index August. It was launched on Aug 1, 2019. BJUL is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index July. It was launched on Aug 29, 2018. Both BAUG and BJUL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAUG or BJUL.
Performance
BAUG vs. BJUL - Performance Comparison
Returns By Period
In the year-to-date period, BAUG achieves a 21.78% return, which is significantly higher than BJUL's 19.05% return.
BAUG
21.78%
2.03%
10.79%
26.44%
11.07%
N/A
BJUL
19.05%
2.03%
8.90%
23.76%
10.67%
N/A
Key characteristics
| BAUG | BJUL | |
|---|---|---|
| Sharpe Ratio | 3.09 | 2.82 |
| Sortino Ratio | 4.33 | 3.81 |
| Omega Ratio | 1.61 | 1.57 |
| Calmar Ratio | 6.46 | 3.92 |
| Martin Ratio | 26.08 | 20.06 |
| Ulcer Index | 1.01% | 1.18% |
| Daily Std Dev | 8.55% | 8.44% |
| Max Drawdown | -24.19% | -24.03% |
| Current Drawdown | -0.11% | -0.16% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BAUG vs. BJUL - Expense Ratio Comparison
Both BAUG and BJUL have an expense ratio of 0.79%.
Correlation
The correlation between BAUG and BJUL is 0.94, 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.
Risk-Adjusted Performance
BAUG vs. BJUL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - August (BAUG) and Innovator U.S. Equity Buffer ETF - July (BJUL). 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
BAUG vs. BJUL - Dividend Comparison
Neither BAUG nor BJUL has paid dividends to shareholders.
Drawdowns
BAUG vs. BJUL - Drawdown Comparison
The maximum BAUG drawdown since its inception was -24.19%, roughly equal to the maximum BJUL drawdown of -24.03%. Use the drawdown chart below to compare losses from any high point for BAUG and BJUL. For additional features, visit the drawdowns tool.
Volatility
BAUG vs. BJUL - Volatility Comparison
The current volatility for Innovator U.S. Equity Buffer ETF - August (BAUG) is 2.42%, while Innovator U.S. Equity Buffer ETF - July (BJUL) has a volatility of 2.63%. This indicates that BAUG experiences smaller price fluctuations and is considered to be less risky than BJUL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.