IJAN vs. UAUG
Compare and contrast key facts about Innovator International Developed Power Buffer ETF - January (IJAN) and Innovator U.S. Equity Ultra Buffer ETF - August (UAUG).
IJAN and UAUG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJAN is an actively managed fund by Innovator. It was launched on Dec 31, 2019. UAUG is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Jul 31, 2019.
Performance
IJAN vs. UAUG - Performance Comparison
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IJAN vs. UAUG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IJAN Innovator International Developed Power Buffer ETF - January | 0.88% | 19.62% | -0.57% | 13.82% | -2.52% | 7.28% | 3.49% |
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | -1.08% | 12.42% | 15.51% | 17.71% | -10.81% | 4.94% | 7.59% |
Returns By Period
In the year-to-date period, IJAN achieves a 0.88% return, which is significantly higher than UAUG's -1.08% return.
IJAN
- 1D
- 0.55%
- 1M
- -2.62%
- YTD
- 0.88%
- 6M
- 3.45%
- 1Y
- 14.00%
- 3Y*
- 8.64%
- 5Y*
- 6.84%
- 10Y*
- —
UAUG
- 1D
- 0.37%
- 1M
- -1.82%
- YTD
- -1.08%
- 6M
- 0.37%
- 1Y
- 13.67%
- 3Y*
- 13.45%
- 5Y*
- 6.91%
- 10Y*
- —
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IJAN vs. UAUG - Expense Ratio Comparison
IJAN has a 0.85% expense ratio, which is higher than UAUG's 0.79% expense ratio.
Return for Risk
IJAN vs. UAUG — Risk / Return Rank
IJAN
UAUG
IJAN vs. UAUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Power Buffer ETF - January (IJAN) and Innovator U.S. Equity Ultra Buffer ETF - August (UAUG). 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.
| IJAN | UAUG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 1.46 | -0.07 |
Sortino ratioReturn per unit of downside risk | 2.00 | 2.15 | -0.15 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.23 | -0.26 |
Martin ratioReturn relative to average drawdown | 9.05 | 11.11 | -2.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IJAN | UAUG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.46 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.88 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.82 | -0.31 |
Correlation
The correlation between IJAN and UAUG is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IJAN vs. UAUG - Dividend Comparison
Neither IJAN nor UAUG has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IJAN Innovator International Developed Power Buffer ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% |
Drawdowns
IJAN vs. UAUG - Drawdown Comparison
The maximum IJAN drawdown since its inception was -22.68%, which is greater than UAUG's maximum drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for IJAN and UAUG.
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Drawdown Indicators
| IJAN | UAUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.68% | -13.91% | -8.77% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -6.31% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -16.71% | -13.91% | -2.80% |
Current DrawdownCurrent decline from peak | -3.49% | -2.16% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -2.41% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.27% | +0.29% |
Volatility
IJAN vs. UAUG - Volatility Comparison
Innovator International Developed Power Buffer ETF - January (IJAN) has a higher volatility of 4.31% compared to Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) at 2.86%. This indicates that IJAN's price experiences larger fluctuations and is considered to be riskier than UAUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IJAN | UAUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 2.86% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 5.63% | 4.32% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.10% | 9.43% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.21% | 7.85% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.59% | 8.80% | +3.79% |