IVVM vs. JULQ

Last updated Jun 4, 2026

IVVM (iShares Large Cap Moderate Buffer ETF) and JULQ (Innovator Premium Income 40 Barrier ETF - July) are both Options Trading funds. Both are actively managed. IVVM charges 0.50%/yr vs 0.79%/yr for JULQ.

Performance

IVVM vs. JULQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Large Cap Moderate Buffer ETF (IVVM) and Innovator Premium Income 40 Barrier ETF - July (JULQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVVM

• 1D: -0.22%
• 1M: 1.95%
• YTD: 5.95%
• 6M: 6.15%
• 1Y: 16.27%
• 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)

IVVM vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
IVVM iShares Large Cap Moderate Buffer ETF	4.98%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

IVVM vs. JULQ - Sectors Allocation Comparison

Sectors	IVVM	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

IVVM vs. JULQ — Risk / Return Rank

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

IVVM

IVVM Risk / Return Rank: 72
IVVM Sharpe Ratio Rank: 70
IVVM Sortino Ratio Rank: 73
IVVM Omega Ratio Rank: 79
IVVM Calmar Ratio Rank: 62
IVVM Martin Ratio Rank: 78

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.

IVVM vs. JULQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap Moderate Buffer ETF (IVVM) 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.

	IVVM	JULQ	Difference
Sharpe ratio: Return per unit of total volatility	2.32	—	—
Sortino ratio: Return per unit of downside risk	3.33	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	3.08	—	—
Martin ratio: Return relative to average drawdown	15.34	—	—
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

	IVVM	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	—	—

Drawdowns

IVVM vs. JULQ - Drawdown Comparison

The maximum IVVM drawdown since its inception was -11.62%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IVVM and JULQ.

Drawdown Indicators

	IVVM	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-11.62%	0.00%	-11.62%
Max Drawdown (1Y) Largest decline over 1 year	-5.31%	—	—
Current Drawdown Current decline from peak	-0.22%	0.00%	-0.22%
Average Drawdown Average peak-to-trough decline	-0.92%	0.00%	-0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	—	—

Volatility

Volatility by Period

	IVVM	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.04%	0.00%	+7.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.62%	0.00%	+9.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.62%	0.00%	+9.62%

IVVM vs. JULQ - Expense Ratio Comparison

IVVM has a 0.50% expense ratio, which is lower than JULQ's 0.79% expense ratio.

Dividends

IVVM vs. JULQ - Dividend Comparison

IVVM's dividend yield for the trailing twelve months is around 0.65%, while JULQ has not paid dividends to shareholders.

Position	TTM	2025	2024
IVVM iShares Large Cap Moderate Buffer ETF	0.65%	0.68%	0.62%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IVVM or JULQ?

On fees, IVVM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVVM or JULQ?

IVVM is cheaper with a 0.50% expense ratio, compared with 0.79% for JULQ.

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

IVVM has the higher dividend yield at 0.65%, compared with 0.00% for JULQ.

What is the main difference between IVVM and JULQ?

They also come from different issuers: iShares and Innovator. Their fees differ too: 0.50% for IVVM and 0.79% for JULQ.