LJAN vs. VUSV

Last updated Jun 6, 2026

LJAN (Innovator Premium Income 15 Buffer ETF - January) and VUSV (Vanguard Wellington U.S. Value Active ETF) are both exchange-traded funds - LJAN is a Options Trading fund actively managed by Innovator, while VUSV is a Large Cap Value Equities fund actively managed by Vanguard. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. LJAN charges 0.79%/yr vs 0.30%/yr for VUSV.

Performance

LJAN vs. VUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 15 Buffer ETF - January (LJAN) and Vanguard Wellington U.S. Value Active ETF (VUSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LJAN achieves a 2.39% return, which is significantly lower than VUSV's 7.78% return.

LJAN

• 1D: -0.26%
• 1M: 0.41%
• YTD: 2.39%
• 6M: 2.45%
• 1Y: 5.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VUSV

• 1D: -1.10%
• 1M: 0.87%
• YTD: 7.78%
• 6M: 8.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LJAN vs. VUSV - Yearly Performance Comparison

	2026 (YTD)	2025
LJAN Innovator Premium Income 15 Buffer ETF - January	2.39%	0.51%
VUSV Vanguard Wellington U.S. Value Active ETF	7.78%	5.48%

Correlation

The correlation between LJAN and VUSV is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.63

Return for Risk

LJAN vs. VUSV — Risk / Return Rank

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

LJAN

LJAN Risk / Return Rank: 81
LJAN Sharpe Ratio Rank: 76
LJAN Sortino Ratio Rank: 85
LJAN Omega Ratio Rank: 89
LJAN Calmar Ratio Rank: 68
LJAN Martin Ratio Rank: 89

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.

LJAN vs. VUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 15 Buffer ETF - January (LJAN) and Vanguard Wellington U.S. Value Active ETF (VUSV). 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.

	LJAN	VUSV	Difference
Sharpe ratio: Return per unit of total volatility	2.30	—	—
Sortino ratio: Return per unit of downside risk	3.57	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	3.16	—	—
Martin ratio: Return relative to average drawdown	19.06	—	—
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

	LJAN	VUSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	2.22	-0.80

Drawdowns

LJAN vs. VUSV - Drawdown Comparison

The maximum LJAN drawdown since its inception was -4.83%, smaller than the maximum VUSV drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for LJAN and VUSV.

Drawdown Indicators

	LJAN	VUSV	Difference
Max Drawdown Largest peak-to-trough decline	-4.83%	-7.06%	+2.23%
Max Drawdown (1Y) Largest decline over 1 year	-1.83%	—	—
Current Drawdown Current decline from peak	-0.26%	-1.10%	+0.84%
Average Drawdown Average peak-to-trough decline	-0.18%	-1.30%	+1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	—	—

Volatility

Volatility by Period

	LJAN	VUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.52%	12.10%	-9.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.99%	12.10%	-8.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.99%	12.10%	-8.11%

LJAN vs. VUSV - Expense Ratio Comparison

LJAN has a 0.79% expense ratio, which is higher than VUSV's 0.30% expense ratio.

Dividends

LJAN vs. VUSV - Dividend Comparison

LJAN's dividend yield for the trailing twelve months is around 4.98%, more than VUSV's 0.18% yield.

Position	TTM	2025	2024
LJAN Innovator Premium Income 15 Buffer ETF - January	4.98%	5.08%	5.59%
VUSV Vanguard Wellington U.S. Value Active ETF	0.18%	0.20%	0.00%

Frequently Asked Questions

Can I hold both LJAN and VUSV in my portfolio?

LJAN and VUSV have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LJAN or VUSV?

On fees, VUSV is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LJAN or VUSV?

VUSV is cheaper with a 0.30% expense ratio, compared with 0.79% for LJAN.

Which ETF pays a higher dividend yield, LJAN or VUSV?

LJAN has the higher dividend yield at 4.98%, compared with 0.18% for VUSV.

What is the main difference between LJAN and VUSV?

LJAN is categorized as Options Trading, while VUSV is Large Cap Value Equities. They also come from different issuers: Innovator and Vanguard. Their fees differ too: 0.79% for LJAN and 0.30% for VUSV.