KJAN vs. IJS
Compare and contrast key facts about Innovator U.S. Small Cap Power Buffer ETF - January (KJAN) and iShares S&P SmallCap 600 Value ETF (IJS).
KJAN and IJS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KJAN is an actively managed fund by Innovator. It was launched on Jan 1, 2020. IJS is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600/Citigroup Value Index. It was launched on Jul 24, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KJAN or IJS.
Correlation
The correlation between KJAN and IJS is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KJAN vs. IJS - Performance Comparison
Key characteristics
KJAN:
0.90
IJS:
0.52
KJAN:
1.33
IJS:
0.89
KJAN:
1.17
IJS:
1.11
KJAN:
1.61
IJS:
0.86
KJAN:
4.10
IJS:
2.26
KJAN:
2.48%
IJS:
4.44%
KJAN:
11.31%
IJS:
19.41%
KJAN:
-28.94%
IJS:
-60.11%
KJAN:
-4.24%
IJS:
-7.87%
Returns By Period
In the year-to-date period, KJAN achieves a 1.55% return, which is significantly higher than IJS's -0.33% return.
KJAN
1.55%
-0.84%
5.07%
11.26%
7.15%
N/A
IJS
-0.33%
-3.55%
5.30%
11.59%
8.73%
7.97%
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KJAN vs. IJS - Expense Ratio Comparison
KJAN has a 0.79% expense ratio, which is higher than IJS's 0.25% expense ratio.
Risk-Adjusted Performance
KJAN vs. IJS — Risk-Adjusted Performance Rank
KJAN
IJS
KJAN vs. IJS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Small Cap Power Buffer ETF - January (KJAN) and iShares S&P SmallCap 600 Value ETF (IJS). 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.
Dividends
KJAN vs. IJS - Dividend Comparison
KJAN has not paid dividends to shareholders, while IJS's dividend yield for the trailing twelve months is around 1.79%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KJAN Innovator U.S. Small Cap Power Buffer ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IJS iShares S&P SmallCap 600 Value ETF | 1.79% | 1.78% | 1.42% | 1.47% | 1.52% | 1.00% | 1.66% | 1.75% | 1.41% | 1.22% | 1.59% | 1.41% |
Drawdowns
KJAN vs. IJS - Drawdown Comparison
The maximum KJAN drawdown since its inception was -28.94%, smaller than the maximum IJS drawdown of -60.11%. Use the drawdown chart below to compare losses from any high point for KJAN and IJS. For additional features, visit the drawdowns tool.
Volatility
KJAN vs. IJS - Volatility Comparison
The current volatility for Innovator U.S. Small Cap Power Buffer ETF - January (KJAN) is 1.74%, while iShares S&P SmallCap 600 Value ETF (IJS) has a volatility of 4.14%. This indicates that KJAN experiences smaller price fluctuations and is considered to be less risky than IJS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.