BJAN vs. BFEB
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - January (BJAN) and Innovator S&P 500 Buffer ETF - February (BFEB).
BJAN and BFEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BJAN is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index January. It was launched on Jan 2, 2019. BFEB is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index February Series. It was launched on Jan 31, 2020. Both BJAN and BFEB 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: BJAN or BFEB.
Correlation
The correlation between BJAN and BFEB is 0.95, 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
BJAN vs. BFEB - Performance Comparison
Key characteristics
BJAN:
0.77
BFEB:
0.68
BJAN:
1.18
BFEB:
1.05
BJAN:
1.20
BFEB:
1.19
BJAN:
0.72
BFEB:
0.61
BJAN:
3.18
BFEB:
2.71
BJAN:
3.12%
BFEB:
3.12%
BJAN:
12.88%
BFEB:
12.53%
BJAN:
-26.86%
BFEB:
-26.37%
BJAN:
-5.20%
BFEB:
-5.23%
Returns By Period
In the year-to-date period, BJAN achieves a -2.33% return, which is significantly higher than BFEB's -3.18% return.
BJAN
-2.33%
7.98%
0.19%
8.53%
11.92%
N/A
BFEB
-3.18%
7.89%
-0.91%
6.97%
13.26%
N/A
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BJAN vs. BFEB - Expense Ratio Comparison
Both BJAN and BFEB have an expense ratio of 0.79%.
Risk-Adjusted Performance
BJAN vs. BFEB — Risk-Adjusted Performance Rank
BJAN
BFEB
BJAN vs. BFEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - January (BJAN) and Innovator S&P 500 Buffer ETF - February (BFEB). 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
BJAN vs. BFEB - Dividend Comparison
Neither BJAN nor BFEB has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
BJAN Innovator U.S. Equity Buffer ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.66% |
BFEB Innovator S&P 500 Buffer ETF - February | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BJAN vs. BFEB - Drawdown Comparison
The maximum BJAN drawdown since its inception was -26.86%, roughly equal to the maximum BFEB drawdown of -26.37%. Use the drawdown chart below to compare losses from any high point for BJAN and BFEB. For additional features, visit the drawdowns tool.
Volatility
BJAN vs. BFEB - Volatility Comparison
Innovator U.S. Equity Buffer ETF - January (BJAN) and Innovator S&P 500 Buffer ETF - February (BFEB) have volatilities of 9.72% and 9.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.