LGDX vs. UJUN

Last updated Jun 23, 2026

LGDX (Intech S&P Large Cap Diversified Alpha ETF) and UJUN (Innovator U.S. Equity Ultra Buffer ETF - June) are both Large Cap Blend Equities funds. LGDX is actively managed, while UJUN is passively managed. Over the past year, LGDX returned 21.11% vs 9.74% for UJUN. Their correlation of 0.88 suggests significant overlap in exposure. LGDX charges 0.25%/yr vs 0.79%/yr for UJUN.

Performance

LGDX vs. UJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intech S&P Large Cap Diversified Alpha ETF (LGDX) and Innovator U.S. Equity Ultra Buffer ETF - June (UJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGDX achieves a 7.92% return, which is significantly higher than UJUN's 2.66% return.

LGDX

• 1D: -0.70%
• 1M: -0.28%
• YTD: 7.92%
• 6M: 7.44%
• 1Y: 21.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UJUN

• 1D: -0.16%
• 1M: -0.54%
• YTD: 2.66%
• 6M: 2.81%
• 1Y: 9.74%
• 3Y*: 10.71%
• 5Y*: 6.12%
• 10Y*: —

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

LGDX vs. UJUN - Yearly Performance Comparison

	2026 (YTD)	2025
LGDX Intech S&P Large Cap Diversified Alpha ETF	7.92%	15.03%
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	2.66%	10.01%

Correlation

The correlation between LGDX and UJUN is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Feb 28, 2025	0.88

The correlation between LGDX and UJUN has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

LGDX vs. UJUN - Sectors Allocation Comparison

Sectors	LGDX	UJUN
Technology	37.3%	38.4%
Communication Services	11.2%	10.8%
Consumer Cyclical	10.3%	10.0%
Financial Services	10.1%	11.0%
Healthcare	8.8%	8.4%
Industrials	8.3%	7.9%
Consumer Defensive	3.9%	4.6%
Real Estate	2.9%	1.8%
Utilities	2.8%	2.1%
Energy	2.7%	3.2%
Basic Materials	1.8%	1.7%

Return for Risk

LGDX vs. UJUN — Risk / Return Rank

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

LGDX

LGDX Risk / Return Rank: 50
LGDX Sharpe Ratio Rank: 49
LGDX Sortino Ratio Rank: 47
LGDX Omega Ratio Rank: 46
LGDX Calmar Ratio Rank: 50
LGDX Martin Ratio Rank: 59

UJUN

UJUN Risk / Return Rank: 77
UJUN Sharpe Ratio Rank: 69
UJUN Sortino Ratio Rank: 75
UJUN Omega Ratio Rank: 85
UJUN Calmar Ratio Rank: 71
UJUN Martin Ratio Rank: 88

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.

LGDX vs. UJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intech S&P Large Cap Diversified Alpha ETF (LGDX) and Innovator U.S. Equity Ultra Buffer ETF - June (UJUN). 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.

	LGDX	UJUN	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.15	-0.52
Sortino ratio: Return per unit of downside risk	2.26	3.19	-0.93
Omega ratio: Gain probability vs. loss probability	1.29	1.49	-0.21
Calmar ratio: Return relative to maximum drawdown	2.37	3.45	-1.08
Martin ratio: Return relative to average drawdown	10.15	18.38	-8.23

LGDX vs. UJUN - Sharpe Ratio Comparison

The current LGDX Sharpe Ratio is 1.63, which is comparable to the UJUN Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of LGDX and UJUN, 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

LGDX vs. UJUN - Drawdown Comparison

The maximum LGDX drawdown since its inception was -15.79%, which is greater than UJUN's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for LGDX and UJUN.

Drawdown Indicators

	LGDX	UJUN	Difference
Max Drawdown Largest peak-to-trough decline	-15.79%	-13.73%	-2.06%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	-2.84%	-6.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.96%	—
Current Drawdown Current decline from peak	-2.28%	-0.93%	-1.35%
Average Drawdown Average peak-to-trough decline	-2.04%	-2.06%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	0.53%	+1.55%

Volatility

LGDX vs. UJUN - Volatility Comparison

Intech S&P Large Cap Diversified Alpha ETF (LGDX) has a higher volatility of 4.42% compared to Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) at 2.14%. This indicates that LGDX's price experiences larger fluctuations and is considered to be riskier than UJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGDX	UJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	2.14%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	3.83%	+6.44%
Volatility (1Y) Calculated over the trailing 1-year period	13.00%	4.55%	+8.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.35%	8.37%	+9.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	8.77%	+9.58%

LGDX vs. UJUN - Expense Ratio Comparison

LGDX has a 0.25% expense ratio, which is lower than UJUN's 0.79% expense ratio.

Dividends

LGDX vs. UJUN - Dividend Comparison

LGDX's dividend yield for the trailing twelve months is around 0.48%, while UJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LGDX Intech S&P Large Cap Diversified Alpha ETF	0.48%	0.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.89%

Frequently Asked Questions

Can I hold both LGDX and UJUN in my portfolio?

LGDX and UJUN have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGDX or UJUN?

LGDX has higher volatility (4.42%) compared to UJUN (2.14%). In terms of maximum drawdown, LGDX dropped -15.79% vs UJUN's -13.73%.

Which ETF is better, LGDX or UJUN?

On 1-year performance, LGDX leads with 21.11% vs 9.74% for UJUN. On fees, LGDX is cheaper at 0.25% per year. On volatility, UJUN has been the lower-risk option at 2.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LGDX or UJUN?

Over the 1-year period, LGDX has performed better with a 21.11% return vs 9.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LGDX or UJUN?

LGDX is cheaper with a 0.25% expense ratio, compared with 0.79% for UJUN.

Which ETF pays a higher dividend yield, LGDX or UJUN?

LGDX has the higher dividend yield at 0.48%, compared with 0.00% for UJUN.

What is the main difference between LGDX and UJUN?

They also come from different issuers: Intech and Innovator. Their fees differ too: 0.25% for LGDX and 0.79% for UJUN.

Which has better risk-adjusted returns?

UJUN currently has the higher Sharpe Ratio (2.15 vs 1.63), 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.