KJUL vs. AIOO

Last updated Apr 2, 2026

Compare and contrast key facts about Innovator Russell 2000 Power Buffer ETF - July (KJUL) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO).

KJUL and AIOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KJUL is a passively managed fund by Innovator that tracks the performance of the iShares Russell 2000 ETF. It was launched on Jun 30, 2020. AIOO is an actively managed fund by Allianz. It was launched on Jun 30, 2025.

Performance

KJUL vs. AIOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Russell 2000 Power Buffer ETF - July (KJUL) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). The values are adjusted to include any dividend payments, if applicable.

KJUL vs. AIOO - Yearly Performance Comparison

	2026 (YTD)	2025
KJUL Innovator Russell 2000 Power Buffer ETF - July	1.40%	8.01%
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	-0.07%	2.67%

Returns By Period

In the year-to-date period, KJUL achieves a 1.40% return, which is significantly higher than AIOO's -0.07% return.

KJUL

• 1D: 0.35%
• 1M: -1.26%
• YTD: 1.40%
• 6M: 3.66%
• 1Y: 15.01%
• 3Y*: 9.08%
• 5Y*: 4.00%
• 10Y*: —

AIOO

• 1D: -0.08%
• 1M: -0.35%
• YTD: -0.07%
• 6M: 0.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KJUL vs. AIOO - Expense Ratio Comparison

KJUL has a 0.79% expense ratio, which is higher than AIOO's 0.64% expense ratio.

KJUL

Innovator Russell 2000 Power Buffer ETF - July

AIOO

AllianzIM U.S. Equity Buffer100 Protection ETF

Return for Risk

KJUL vs. AIOO — Risk / Return Rank

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

KJUL

KJUL Risk / Return Rank: 72
KJUL Sharpe Ratio Rank: 71
KJUL Sortino Ratio Rank: 72
KJUL Omega Ratio Rank: 70
KJUL Calmar Ratio Rank: 67
KJUL Martin Ratio Rank: 79

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.

KJUL vs. AIOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Russell 2000 Power Buffer ETF - July (KJUL) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). 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.

	KJUL	AIOO	Difference
Sharpe ratio Return per unit of total volatility	1.32	—	—
Sortino ratio Return per unit of downside risk	1.92	—	—
Omega ratio Gain probability vs. loss probability	1.27	—	—
Calmar ratio Return relative to maximum drawdown	1.89	—	—
Martin ratio Return relative to average drawdown	9.52	—	—
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

	KJUL	AIOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.76	-1.26

Correlation

The correlation between KJUL and AIOO is 0.57, 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

KJUL vs. AIOO - Dividend Comparison

Neither KJUL nor AIOO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

KJUL vs. AIOO - Drawdown Comparison

The maximum KJUL drawdown since its inception was -16.69%, which is greater than AIOO's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for KJUL and AIOO.

Drawdown Indicators

	KJUL	AIOO	Difference
Max Drawdown Largest peak-to-trough decline	-16.69%	-0.74%	-15.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.69%	—	—
Current Drawdown Current decline from peak	-1.43%	-0.52%	-0.91%
Average Drawdown Average peak-to-trough decline	-4.12%	-0.19%	-3.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.57%	—	—

Volatility

Volatility by Period

	KJUL	AIOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.45%	1.98%	+9.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.28%	1.98%	+10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.82%	1.98%	+9.84%