JULZ vs. JULQ

Last updated Apr 2, 2026

Compare and contrast key facts about Trueshares Structured Outcome (July) ETF (JULZ) and Innovator Premium Income 40 Barrier ETF - July (JULQ).

JULZ and JULQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JULZ is a passively managed fund by TrueShares that tracks the performance of the Cboe S&P 500 Buffer Protect Index July. It was launched on Jun 30, 2020. JULQ is an actively managed fund by Innovator. It was launched on Jun 30, 2023.

Performance

JULZ vs. JULQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trueshares Structured Outcome (July) ETF (JULZ) and Innovator Premium Income 40 Barrier ETF - July (JULQ). The values are adjusted to include any dividend payments, if applicable.

JULZ vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
JULZ Trueshares Structured Outcome (July) ETF	-4.68%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

Returns By Period

JULZ

• 1D: 0.85%
• 1M: -3.93%
• YTD: -3.87%
• 6M: -2.44%
• 1Y: 12.43%
• 3Y*: 13.25%
• 5Y*: 9.51%
• 10Y*: —

JULQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JULZ vs. JULQ - Expense Ratio Comparison

Both JULZ and JULQ have an expense ratio of 0.79%.

JULZ

Trueshares Structured Outcome (July) ETF

JULQ

Innovator Premium Income 40 Barrier ETF - July

Return for Risk

JULZ vs. JULQ — Risk / Return Rank

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

JULZ

JULZ Risk / Return Rank: 49
JULZ Sharpe Ratio Rank: 45
JULZ Sortino Ratio Rank: 47
JULZ Omega Ratio Rank: 48
JULZ Calmar Ratio Rank: 49
JULZ Martin Ratio Rank: 53

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.

JULZ vs. JULQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trueshares Structured Outcome (July) ETF (JULZ) 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.

	JULZ	JULQ	Difference
Sharpe ratio Return per unit of total volatility	0.89	—	—
Sortino ratio Return per unit of downside risk	1.37	—	—
Omega ratio Gain probability vs. loss probability	1.19	—	—
Calmar ratio Return relative to maximum drawdown	1.42	—	—
Martin ratio Return relative to average drawdown	5.81	—	—
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

	JULZ	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	—	—

Dividends

JULZ vs. JULQ - Dividend Comparison

JULZ's dividend yield for the trailing twelve months is around 12.44%, while JULQ has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
JULZ Trueshares Structured Outcome (July) ETF	12.44%	11.96%	3.30%	3.59%	0.07%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JULZ vs. JULQ - Drawdown Comparison

The maximum JULZ drawdown since its inception was -14.71%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JULZ and JULQ.

Drawdown Indicators

	JULZ	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-14.71%	0.00%	-14.71%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.71%	—	—
Current Drawdown Current decline from peak	-5.67%	0.00%	-5.67%
Average Drawdown Average peak-to-trough decline	-3.04%	0.00%	-3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	—	—

Volatility

Volatility by Period

	JULZ	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.06%	0.00%	+14.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.18%	0.00%	+12.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.36%	0.00%	+12.36%