JULH vs. FFTY

Last updated Jun 23, 2026

JULH (Innovator Premium Income 20 Barrier ETF - July) and FFTY (Innovator IBD 50 ETF) are both exchange-traded funds - JULH is a Options Trading fund actively managed by Innovator, while FFTY is a Large Cap Growth Equities fund tracking the IBD 50 Index. JULH is actively managed, while FFTY is passively managed. Over the past year, JULH returned 5.09% vs 43.43% for FFTY. A 0.59 correlation means they provide meaningful diversification when combined. JULH charges 0.79%/yr vs 0.80%/yr for FFTY.

Performance

JULH vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 20 Barrier ETF - July (JULH) and Innovator IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JULH achieves a 2.40% return, which is significantly lower than FFTY's 26.26% return.

JULH

• 1D: 0.02%
• 1M: 0.26%
• YTD: 2.40%
• 6M: 0.84%
• 1Y: 5.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFTY

• 1D: 2.30%
• 1M: 10.03%
• YTD: 26.26%
• 6M: 22.29%
• 1Y: 43.43%
• 3Y*: 23.01%
• 5Y*: 0.68%
• 10Y*: 8.38%

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

JULH vs. FFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JULH Innovator Premium Income 20 Barrier ETF - July	2.40%	5.39%	6.93%	4.51%
FFTY Innovator IBD 50 ETF	26.26%	23.38%	18.36%	-4.12%

Correlation

The correlation between JULH and FFTY is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jul 3, 2023	0.59

The correlation between JULH and FFTY has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.

Return for Risk

JULH vs. FFTY — Risk / Return Rank

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

JULH

JULH Risk / Return Rank: 59
JULH Sharpe Ratio Rank: 56
JULH Sortino Ratio Rank: 49
JULH Omega Ratio Rank: 82
JULH Calmar Ratio Rank: 62
JULH Martin Ratio Rank: 46

FFTY

FFTY Risk / Return Rank: 35
FFTY Sharpe Ratio Rank: 35
FFTY Sortino Ratio Rank: 32
FFTY Omega Ratio Rank: 33
FFTY Calmar Ratio Rank: 39
FFTY Martin Ratio Rank: 34

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.

JULH vs. FFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 20 Barrier ETF - July (JULH) and Innovator IBD 50 ETF (FFTY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JULH	FFTY	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.22	+0.61
Sortino ratio: Return per unit of downside risk	2.33	1.65	+0.68
Omega ratio: Gain probability vs. loss probability	1.47	1.22	+0.25
Calmar ratio: Return relative to maximum drawdown	2.97	1.87	+1.09
Martin ratio: Return relative to average drawdown	7.51	4.94	+2.57

JULH vs. FFTY - Sharpe Ratio Comparison

The current JULH Sharpe Ratio is 1.83, which is higher than the FFTY Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of JULH and FFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JULH vs. FFTY - Drawdown Comparison

The maximum JULH drawdown since its inception was -5.51%, smaller than the maximum FFTY drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for JULH and FFTY.

Drawdown Indicators

	JULH	FFTY	Difference
Max Drawdown Largest peak-to-trough decline	-5.51%	-59.46%	+53.95%
Max Drawdown (1Y) Largest decline over 1 year	-1.72%	-23.29%	+21.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-59.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.46%	—
Current Drawdown Current decline from peak	0.00%	-11.01%	+11.01%
Average Drawdown Average peak-to-trough decline	-0.27%	-22.34%	+22.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	8.81%	-8.13%

Volatility

JULH vs. FFTY - Volatility Comparison

The current volatility for Innovator Premium Income 20 Barrier ETF - July (JULH) is 0.09%, while Innovator IBD 50 ETF (FFTY) has a volatility of 12.58%. This indicates that JULH experiences smaller price fluctuations and is considered to be less risky than FFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JULH	FFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.09%	12.58%	-12.49%
Volatility (6M) Calculated over the trailing 6-month period	2.24%	28.19%	-25.95%
Volatility (1Y) Calculated over the trailing 1-year period	2.80%	35.80%	-33.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.72%	29.57%	-24.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.72%	27.65%	-22.93%

JULH vs. FFTY - Expense Ratio Comparison

JULH has a 0.79% expense ratio, which is lower than FFTY's 0.80% expense ratio.

Dividends

JULH vs. FFTY - Dividend Comparison

JULH's dividend yield for the trailing twelve months is around 5.27%, more than FFTY's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFTY Innovator IBD 50 ETF	1.07%	1.35%	0.91%	0.65%	2.75%	0.22%	0.00%	0.00%	0.00%	0.17%
JULH Innovator Premium Income 20 Barrier ETF - July	5.27%	5.31%	6.89%	3.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JULH and FFTY in my portfolio?

JULH and FFTY have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JULH or FFTY?

FFTY has higher volatility (12.58%) compared to JULH (0.09%). In terms of maximum drawdown, JULH dropped -5.51% vs FFTY's -59.46%.

Which ETF is better, JULH or FFTY?

On 1-year performance, FFTY leads with 43.43% vs 5.09% for JULH. On fees, JULH is cheaper at 0.79% per year. On volatility, JULH has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JULH or FFTY?

Over the 1-year period, FFTY has performed better with a 43.43% return vs 5.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JULH or FFTY?

JULH is cheaper with a 0.79% expense ratio, compared with 0.80% for FFTY.

Which ETF pays a higher dividend yield, JULH or FFTY?

JULH has the higher dividend yield at 5.27%, compared with 1.07% for FFTY.

What is the main difference between JULH and FFTY?

JULH is categorized as Options Trading, while FFTY is Large Cap Growth Equities. Their fees differ too: 0.79% for JULH and 0.80% for FFTY.

Which has better risk-adjusted returns?

JULH currently has the higher Sharpe Ratio (1.83 vs 1.22), 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.