DBJA vs. DSJA
Compare and contrast key facts about Innovator Double Stacker 9 Buffer ETF - January (DBJA) and Innovator Double Stacker ETF - January (DSJA).
DBJA and DSJA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBJA is an actively managed fund by Innovator. It was launched on Jan 4, 2021. DSJA is an actively managed fund by Innovator. It was launched on Jan 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBJA or DSJA.
Key characteristics
| DBJA | DSJA |
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Correlation
The correlation between DBJA and DSJA 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
DBJA vs. DSJA - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DBJA vs. DSJA - Expense Ratio Comparison
Both DBJA and DSJA have an expense ratio of 0.79%.
Risk-Adjusted Performance
DBJA vs. DSJA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Double Stacker 9 Buffer ETF - January (DBJA) and Innovator Double Stacker ETF - January (DSJA). 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
DBJA vs. DSJA - Dividend Comparison
Neither DBJA nor DSJA has paid dividends to shareholders.
Drawdowns
DBJA vs. DSJA - Drawdown Comparison
Volatility
DBJA vs. DSJA - Volatility Comparison
Innovator Double Stacker 9 Buffer ETF - January (DBJA) has a higher volatility of 0.38% compared to Innovator Double Stacker ETF - January (DSJA) at 0.17%. This indicates that DBJA's price experiences larger fluctuations and is considered to be riskier than DSJA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.