HDUS vs. UJUN

Last updated Jun 3, 2026

HDUS (Hartford Disciplined US Equity ETF) and UJUN (Innovator U.S. Equity Ultra Buffer ETF - June) are both Large Cap Blend Equities funds - HDUS tracks the Hartford Disciplined US Equity Index while UJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. Over the past 3 years, HDUS returned 21.43%/yr vs 11.26%/yr for UJUN. Their correlation of 0.91 suggests significant overlap in exposure. HDUS charges 0.19%/yr vs 0.79%/yr for UJUN.

Performance

HDUS vs. UJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Disciplined US Equity ETF (HDUS) and Innovator U.S. Equity Ultra Buffer ETF - June (UJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HDUS achieves a 11.66% return, which is significantly higher than UJUN's 3.32% return.

HDUS

• 1D: -0.09%
• 1M: 4.70%
• YTD: 11.66%
• 6M: 11.49%
• 1Y: 28.29%
• 3Y*: 21.43%
• 5Y*: —
• 10Y*: —

UJUN

• 1D: -0.30%
• 1M: 0.45%
• YTD: 3.32%
• 6M: 4.16%
• 1Y: 10.04%
• 3Y*: 11.26%
• 5Y*: 6.38%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HDUS vs. UJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HDUS Hartford Disciplined US Equity ETF	11.66%	17.17%	23.57%	21.17%	-2.14%
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	3.32%	10.63%	12.49%	12.17%	-1.29%

Correlation

The correlation between HDUS and UJUN is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 18, 2022	0.91

The correlation between HDUS and UJUN has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

HDUS vs. UJUN - Sectors Allocation Comparison

Sectors	HDUS	UJUN
Technology	35.1%	36.2%
Financial Services	12.2%	11.9%
Communication Services	11.4%	10.9%
Consumer Cyclical	10.2%	10.1%
Industrials	7.0%	8.1%
Healthcare	6.5%	8.4%
Consumer Defensive	5.6%	4.9%
Real Estate	5.0%	1.9%
Energy	3.2%	3.5%
Utilities	2.3%	2.3%
Basic Materials	1.3%	1.8%

Return for Risk

HDUS vs. UJUN — Risk / Return Rank

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

HDUS

HDUS Risk / Return Rank: 78
HDUS Sharpe Ratio Rank: 78
HDUS Sortino Ratio Rank: 78
HDUS Omega Ratio Rank: 76
HDUS Calmar Ratio Rank: 75
HDUS Martin Ratio Rank: 85

UJUN

UJUN Risk / Return Rank: 81
UJUN Sharpe Ratio Rank: 73
UJUN Sortino Ratio Rank: 81
UJUN Omega Ratio Rank: 88
UJUN Calmar Ratio Rank: 72
UJUN Martin Ratio Rank: 91

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.

HDUS vs. UJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Disciplined US Equity ETF (HDUS) and Innovator U.S. Equity Ultra Buffer ETF - June (UJUN). 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.

	HDUS	UJUN	Difference
Sharpe ratio Return per unit of total volatility	2.60	2.40	+0.20
Sortino ratio Return per unit of downside risk	3.57	3.66	-0.09
Omega ratio Gain probability vs. loss probability	1.47	1.55	-0.08
Calmar ratio Return relative to maximum drawdown	3.82	3.55	+0.26
Martin ratio Return relative to average drawdown	18.33	21.84	-3.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDUS vs. UJUN - Sharpe Ratio Comparison

The current HDUS Sharpe Ratio is 2.60, which is comparable to the UJUN Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of HDUS and UJUN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HDUS	UJUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	2.40	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.77	+0.67

Drawdowns

HDUS vs. UJUN - Drawdown Comparison

The maximum HDUS drawdown since its inception was -17.94%, which is greater than UJUN's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for HDUS and UJUN.

Drawdown Indicators

	HDUS	UJUN	Difference
Max Drawdown Largest peak-to-trough decline	-17.94%	-13.73%	-4.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.48%	-2.84%	-4.64%
Max Drawdown (3Y) Largest decline over 3 years	-17.94%	-11.24%	-6.70%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.96%	—
Current Drawdown Current decline from peak	-0.09%	-0.30%	+0.21%
Average Drawdown Average peak-to-trough decline	-2.03%	-2.07%	+0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	0.46%	+1.10%

Volatility

HDUS vs. UJUN - Volatility Comparison

Hartford Disciplined US Equity ETF (HDUS) has a higher volatility of 2.39% compared to Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) at 0.41%. This indicates that HDUS's price experiences larger fluctuations and is considered to be riskier than UJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDUS	UJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.39%	0.41%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	8.11%	3.25%	+4.86%
Volatility (1Y) Calculated over the trailing 1-year period	10.93%	4.25%	+6.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	8.32%	+5.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	8.77%	+5.38%

HDUS vs. UJUN - Expense Ratio Comparison

HDUS has a 0.19% expense ratio, which is lower than UJUN's 0.79% expense ratio.

Dividends

HDUS vs. UJUN - Dividend Comparison

HDUS's dividend yield for the trailing twelve months is around 1.31%, while UJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HDUS Hartford Disciplined US Equity ETF	1.31%	1.45%	1.58%	1.36%	0.33%	0.00%	0.00%	0.00%
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.89%

Frequently Asked Questions

Can I hold both HDUS and UJUN in my portfolio?

HDUS and UJUN have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HDUS or UJUN?

HDUS has higher volatility (2.39%) compared to UJUN (0.41%). In terms of maximum drawdown, HDUS dropped -17.94% vs UJUN's -13.73%.

Which ETF is better, HDUS or UJUN?

On 3-year performance, HDUS leads with 21.43% vs 11.26% for UJUN. On fees, HDUS is cheaper at 0.19% per year. On volatility, UJUN has been the lower-risk option at 0.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HDUS or UJUN?

Over the 3-year period, HDUS has performed better with a 21.43% return vs 11.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HDUS or UJUN?

HDUS is cheaper with a 0.19% expense ratio, compared with 0.79% for UJUN.

Which ETF pays a higher dividend yield, HDUS or UJUN?

HDUS has the higher dividend yield at 1.31%, compared with 0.00% for UJUN.

What is the main difference between HDUS and UJUN?

HDUS tracks Hartford Disciplined US Equity Index, while UJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. They also come from different issuers: Hartford and Innovator. Their fees differ too: 0.19% for HDUS and 0.79% for UJUN.

Which has better risk-adjusted returns?

HDUS currently has the higher Sharpe Ratio (2.60 vs 2.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.