EALT vs. UJUL
Compare and contrast key facts about Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Innovator U.S. Equity Ultra Buffer ETF - July (UJUL).
EALT and UJUL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EALT is an actively managed fund by Innovator. It was launched on Sep 29, 2023. UJUL is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect September Series Index. It was launched on Aug 8, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EALT or UJUL.
Performance
EALT vs. UJUL - Performance Comparison
Returns By Period
In the year-to-date period, EALT achieves a 19.38% return, which is significantly higher than UJUL's 14.29% return.
EALT
19.38%
2.43%
11.60%
21.47%
N/A
N/A
UJUL
14.29%
1.71%
7.12%
17.93%
6.79%
N/A
Key characteristics
| EALT | UJUL | |
|---|---|---|
| Sharpe Ratio | 2.50 | 3.04 |
| Sortino Ratio | 3.45 | 4.35 |
| Omega Ratio | 1.51 | 1.65 |
| Calmar Ratio | 3.69 | 4.38 |
| Martin Ratio | 16.27 | 22.65 |
| Ulcer Index | 1.32% | 0.79% |
| Daily Std Dev | 8.58% | 5.91% |
| Max Drawdown | -5.81% | -14.11% |
| Current Drawdown | 0.00% | -0.08% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EALT vs. UJUL - Expense Ratio Comparison
EALT has a 0.69% expense ratio, which is lower than UJUL's 0.79% expense ratio.
Correlation
The correlation between EALT and UJUL is 0.88, 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.
Risk-Adjusted Performance
EALT vs. UJUL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Innovator U.S. Equity Ultra Buffer ETF - July (UJUL). 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
EALT vs. UJUL - Dividend Comparison
Neither EALT nor UJUL has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
EALT Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UJUL Innovator U.S. Equity Ultra Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.43% |
Drawdowns
EALT vs. UJUL - Drawdown Comparison
The maximum EALT drawdown since its inception was -5.81%, smaller than the maximum UJUL drawdown of -14.11%. Use the drawdown chart below to compare losses from any high point for EALT and UJUL. For additional features, visit the drawdowns tool.
Volatility
EALT vs. UJUL - Volatility Comparison
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) has a higher volatility of 2.70% compared to Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) at 1.96%. This indicates that EALT's price experiences larger fluctuations and is considered to be riskier than UJUL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.