BAUG vs. UAUG
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - August (BAUG) and Innovator U.S. Equity Ultra Buffer ETF - August (UAUG).
BAUG and UAUG 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. UAUG is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect August Series Index. It was launched on Aug 1, 2019. Both BAUG and UAUG 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 UAUG.
Performance
BAUG vs. UAUG - Performance Comparison
Returns By Period
In the year-to-date period, BAUG achieves a 21.78% return, which is significantly higher than UAUG's 15.89% return.
BAUG
21.78%
1.78%
10.79%
26.41%
10.94%
N/A
UAUG
15.89%
1.55%
7.23%
19.67%
6.93%
N/A
Key characteristics
| BAUG | UAUG | |
|---|---|---|
| Sharpe Ratio | 3.09 | 3.31 |
| Sortino Ratio | 4.33 | 4.85 |
| Omega Ratio | 1.61 | 1.71 |
| Calmar Ratio | 6.46 | 6.83 |
| Martin Ratio | 26.08 | 28.94 |
| Ulcer Index | 1.01% | 0.68% |
| Daily Std Dev | 8.55% | 5.95% |
| Max Drawdown | -24.19% | -13.91% |
| Current Drawdown | -0.11% | -0.08% |
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BAUG vs. UAUG - Expense Ratio Comparison
Both BAUG and UAUG have an expense ratio of 0.79%.
Correlation
The correlation between BAUG and UAUG is 0.90, 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. UAUG - 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 Ultra Buffer ETF - August (UAUG). 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. UAUG - Dividend Comparison
Neither BAUG nor UAUG has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
BAUG Innovator U.S. Equity Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% |
Drawdowns
BAUG vs. UAUG - Drawdown Comparison
The maximum BAUG drawdown since its inception was -24.19%, which is greater than UAUG's maximum drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for BAUG and UAUG. For additional features, visit the drawdowns tool.
Volatility
BAUG vs. UAUG - Volatility Comparison
Innovator U.S. Equity Buffer ETF - August (BAUG) has a higher volatility of 2.42% compared to Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) at 1.80%. This indicates that BAUG's price experiences larger fluctuations and is considered to be riskier than UAUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.