BJAN vs. LOUP
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - January (BJAN) and Innovator Deepwater Frontier Tech ETF (LOUP).
BJAN and LOUP 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 S&P 500. It was launched on Dec 31, 2018. LOUP is a passively managed fund by Innovator that tracks the performance of the Deepwater Frontier Tech Index. It was launched on Jul 24, 2018. Both BJAN and LOUP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BJAN vs. LOUP - Performance Comparison
Loading graphics...
BJAN vs. LOUP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BJAN Innovator U.S. Equity Buffer ETF - January | -2.35% | 14.81% | 17.36% | 23.66% | -11.40% | 13.86% | 12.54% | 20.73% |
LOUP Innovator Deepwater Frontier Tech ETF | -8.46% | 43.24% | 21.80% | 51.31% | -46.00% | 7.54% | 86.25% | 32.18% |
Returns By Period
In the year-to-date period, BJAN achieves a -2.35% return, which is significantly higher than LOUP's -8.46% return.
BJAN
- 1D
- 0.81%
- 1M
- -2.91%
- YTD
- -2.35%
- 6M
- 1.26%
- 1Y
- 15.05%
- 3Y*
- 15.20%
- 5Y*
- 9.28%
- 10Y*
- —
LOUP
- 1D
- 1.60%
- 1M
- -6.70%
- YTD
- -8.46%
- 6M
- -6.65%
- 1Y
- 51.63%
- 3Y*
- 25.42%
- 5Y*
- 4.82%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BJAN vs. LOUP - Expense Ratio Comparison
BJAN has a 0.79% expense ratio, which is higher than LOUP's 0.70% expense ratio.
Return for Risk
BJAN vs. LOUP — Risk / Return Rank
BJAN
LOUP
BJAN vs. LOUP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - January (BJAN) and Innovator Deepwater Frontier Tech ETF (LOUP). 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.
| BJAN | LOUP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.48 | -0.32 |
Sortino ratioReturn per unit of downside risk | 1.76 | 2.08 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.63 | 2.57 | -0.94 |
Martin ratioReturn relative to average drawdown | 8.45 | 8.80 | -0.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BJAN | LOUP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.48 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.15 | +0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.44 | +0.38 |
Correlation
The correlation between BJAN and LOUP is 0.77, 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.
Dividends
BJAN vs. LOUP - Dividend Comparison
Neither BJAN nor LOUP has paid dividends to shareholders.
| TTM | 2025 | 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% | 0.00% | 4.66% |
LOUP Innovator Deepwater Frontier Tech ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BJAN vs. LOUP - Drawdown Comparison
The maximum BJAN drawdown since its inception was -26.86%, smaller than the maximum LOUP drawdown of -58.68%. Use the drawdown chart below to compare losses from any high point for BJAN and LOUP.
Loading graphics...
Drawdown Indicators
| BJAN | LOUP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.86% | -58.68% | +31.82% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -21.00% | +11.62% |
Max Drawdown (5Y)Largest decline over 5 years | -17.38% | -55.63% | +38.25% |
Current DrawdownCurrent decline from peak | -3.72% | -15.41% | +11.69% |
Average DrawdownAverage peak-to-trough decline | -2.97% | -20.41% | +17.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 6.14% | -4.33% |
Volatility
BJAN vs. LOUP - Volatility Comparison
The current volatility for Innovator U.S. Equity Buffer ETF - January (BJAN) is 3.97%, while Innovator Deepwater Frontier Tech ETF (LOUP) has a volatility of 10.95%. This indicates that BJAN experiences smaller price fluctuations and is considered to be less risky than LOUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BJAN | LOUP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 10.95% | -6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 6.23% | 21.89% | -15.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 35.05% | -22.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.00% | 32.18% | -20.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.19% | 31.98% | -17.79% |