CAOS vs. JULQ

Last updated Apr 1, 2026

Compare and contrast key facts about Alpha Architect Tail Risk ETF (CAOS) and Innovator Premium Income 40 Barrier ETF - July (JULQ).

CAOS and JULQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CAOS is an actively managed fund by Alpha Architect. It was launched on Aug 14, 2013. JULQ is an actively managed fund by Innovator. It was launched on Jun 30, 2023.

Performance

CAOS vs. JULQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect Tail Risk ETF (CAOS) and Innovator Premium Income 40 Barrier ETF - July (JULQ). The values are adjusted to include any dividend payments, if applicable.

CAOS vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
CAOS Alpha Architect Tail Risk ETF	0.46%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

Returns By Period

CAOS

• 1D: 0.07%
• 1M: 0.43%
• YTD: 1.10%
• 6M: 1.37%
• 1Y: 3.19%
• 3Y*: 5.46%
• 5Y*: —
• 10Y*: —

JULQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CAOS vs. JULQ - Expense Ratio Comparison

CAOS has a 0.63% expense ratio, which is lower than JULQ's 0.79% expense ratio.

JULQ

Innovator Premium Income 40 Barrier ETF - July

CAOS

Alpha Architect Tail Risk ETF

Return for Risk

CAOS vs. JULQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAOS

CAOS Risk / Return Rank: 41
CAOS Sharpe Ratio Rank: 39
CAOS Sortino Ratio Rank: 36
CAOS Omega Ratio Rank: 72
CAOS Calmar Ratio Rank: 35
CAOS Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAOS vs. JULQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect Tail Risk ETF (CAOS) and Innovator Premium Income 40 Barrier ETF - July (JULQ). 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.

	CAOS	JULQ	Difference
Sharpe ratio Return per unit of total volatility	0.69	—	—
Sortino ratio Return per unit of downside risk	0.97	—	—
Omega ratio Gain probability vs. loss probability	1.26	—	—
Calmar ratio Return relative to maximum drawdown	0.83	—	—
Martin ratio Return relative to average drawdown	1.38	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CAOS	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	—	—

Dividends

CAOS vs. JULQ - Dividend Comparison

Neither CAOS nor JULQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

CAOS vs. JULQ - Drawdown Comparison

The maximum CAOS drawdown since its inception was -3.60%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CAOS and JULQ.

Drawdown Indicators

	CAOS	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.60%	0.00%	-3.60%
Max Drawdown (1Y) Largest decline over 1 year	-3.60%	—	—
Current Drawdown Current decline from peak	-0.80%	0.00%	-0.80%
Average Drawdown Average peak-to-trough decline	-0.90%	0.00%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	—	—

Volatility

Volatility by Period

	CAOS	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	0.00%	+4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.37%	0.00%	+4.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.37%	0.00%	+4.37%