DBJA vs. TSJA
Compare and contrast key facts about Innovator Double Stacker 9 Buffer ETF - January (DBJA) and Innovator Triple Stacker ETF - January (TSJA).
DBJA and TSJA 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. TSJA 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 TSJA.
Key characteristics
| DBJA | TSJA |
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Correlation
The correlation between DBJA and TSJA is 0.92, 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. TSJA - 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. TSJA - Expense Ratio Comparison
Both DBJA and TSJA have an expense ratio of 0.79%.
Risk-Adjusted Performance
DBJA vs. TSJA - 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 Triple Stacker ETF - January (TSJA). 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. TSJA - Dividend Comparison
Neither DBJA nor TSJA has paid dividends to shareholders.
Drawdowns
DBJA vs. TSJA - Drawdown Comparison
Volatility
DBJA vs. TSJA - Volatility Comparison
The current volatility for Innovator Double Stacker 9 Buffer ETF - January (DBJA) is 0.38%, while Innovator Triple Stacker ETF - January (TSJA) has a volatility of 1.16%. This indicates that DBJA experiences smaller price fluctuations and is considered to be less risky than TSJA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.