DSJA vs. DBJA
Compare and contrast key facts about Innovator Double Stacker ETF - January (DSJA) and Innovator Double Stacker 9 Buffer ETF - January (DBJA).
DSJA and DBJA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DSJA is an actively managed fund by Innovator. It was launched on Jan 4, 2021. DBJA 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: DSJA or DBJA.
Key characteristics
| DSJA | DBJA |
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Correlation
The correlation between DSJA and DBJA 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
DSJA vs. DBJA - 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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DSJA vs. DBJA - Expense Ratio Comparison
Both DSJA and DBJA have an expense ratio of 0.79%.
Risk-Adjusted Performance
DSJA vs. DBJA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Double Stacker ETF - January (DSJA) and Innovator Double Stacker 9 Buffer ETF - January (DBJA). 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
DSJA vs. DBJA - Dividend Comparison
Neither DSJA nor DBJA has paid dividends to shareholders.
Drawdowns
DSJA vs. DBJA - Drawdown Comparison
Volatility
DSJA vs. DBJA - Volatility Comparison
The current volatility for Innovator Double Stacker ETF - January (DSJA) is 0.17%, while Innovator Double Stacker 9 Buffer ETF - January (DBJA) has a volatility of 0.38%. This indicates that DSJA experiences smaller price fluctuations and is considered to be less risky than DBJA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.