GSEP vs. JULQ

Last updated Jun 4, 2026

GSEP (FT Cboe Vest U.S. Equity Moderate Buffer ETF – September) and JULQ (Innovator Premium Income 40 Barrier ETF - July) are both Options Trading funds. Both are actively managed. GSEP charges 0.85%/yr vs 0.79%/yr for JULQ.

Performance

GSEP vs. JULQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Moderate Buffer ETF – September (GSEP) and Innovator Premium Income 40 Barrier ETF - July (JULQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSEP

• 1D: -0.07%
• 1M: 1.97%
• YTD: 5.39%
• 6M: 5.72%
• 1Y: 13.92%
• 3Y*: —
• 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)

GSEP vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
GSEP FT Cboe Vest U.S. Equity Moderate Buffer ETF – September	4.50%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

GSEP vs. JULQ - Sectors Allocation Comparison

Sectors	GSEP	JULQ
Technology	36.2%	31.7%
Financial Services	11.9%	14.0%
Communication Services	10.9%	9.5%
Consumer Cyclical	10.1%	10.4%
Healthcare	8.4%	10.9%
Industrials	8.1%	7.7%
Consumer Defensive	4.9%	6.2%
Energy	3.5%	3.2%
Utilities	2.3%	2.6%
Real Estate	1.9%	2.3%
Basic Materials	1.8%	1.8%

Return for Risk

GSEP vs. JULQ — Risk / Return Rank

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

GSEP

GSEP Risk / Return Rank: 74
GSEP Sharpe Ratio Rank: 72
GSEP Sortino Ratio Rank: 75
GSEP Omega Ratio Rank: 80
GSEP Calmar Ratio Rank: 64
GSEP Martin Ratio Rank: 81

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.

GSEP vs. JULQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF – September (GSEP) 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.

	GSEP	JULQ	Difference
Sharpe ratio: Return per unit of total volatility	2.35	—	—
Sortino ratio: Return per unit of downside risk	3.37	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	3.15	—	—
Martin ratio: Return relative to average drawdown	15.98	—	—
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

	GSEP	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.56	—	—

Drawdowns

GSEP vs. JULQ - Drawdown Comparison

The maximum GSEP drawdown since its inception was -10.09%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GSEP and JULQ.

Drawdown Indicators

	GSEP	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-10.09%	0.00%	-10.09%
Max Drawdown (1Y) Largest decline over 1 year	-4.44%	—	—
Current Drawdown Current decline from peak	-0.09%	0.00%	-0.09%
Average Drawdown Average peak-to-trough decline	-0.74%	0.00%	-0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	—	—

Volatility

Volatility by Period

	GSEP	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.96%	0.00%	+5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.59%	0.00%	+7.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.59%	0.00%	+7.59%

GSEP vs. JULQ - Expense Ratio Comparison

GSEP has a 0.85% expense ratio, which is higher than JULQ's 0.79% expense ratio.

Dividends

GSEP vs. JULQ - Dividend Comparison

Neither GSEP nor JULQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, GSEP or JULQ?

On fees, JULQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSEP or JULQ?

JULQ is cheaper with a 0.79% expense ratio, compared with 0.85% for GSEP.

Which ETF pays a higher dividend yield, GSEP or JULQ?

GSEP and JULQ have nearly identical dividend yields, around 0.00%.

What is the main difference between GSEP and JULQ?

They also come from different issuers: FT Vest and Innovator. Their fees differ too: 0.85% for GSEP and 0.79% for JULQ.