LOHA vs. UJUN

Last updated Jun 6, 2026

LOHA (Roundhill HALO ETF) and UJUN (Innovator U.S. Equity Ultra Buffer ETF - June) are both Large Cap Blend Equities funds - LOHA tracks the Akros U.S. Heavy Assets Low Obsolescence (HALO) Index while UJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. At a correlation of -0.50, they often move in opposite directions. LOHA charges 0.35%/yr vs 0.79%/yr for UJUN.

Performance

LOHA vs. UJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HALO ETF (LOHA) and Innovator U.S. Equity Ultra Buffer ETF - June (UJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LOHA

• 1D: -0.59%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UJUN

• 1D: -1.24%
• 1M: -0.77%
• YTD: 2.18%
• 6M: 2.75%
• 1Y: 9.45%
• 3Y*: 10.78%
• 5Y*: 6.14%
• 10Y*: —

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

LOHA vs. UJUN - Yearly Performance Comparison

	2026 (YTD)
LOHA Roundhill HALO ETF	-0.44%
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	-0.92%

Correlation

The correlation between LOHA and UJUN is -0.50, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2026	-0.50

Return for Risk

LOHA vs. UJUN — Risk / Return Rank

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

UJUN

UJUN Risk / Return Rank: 79
UJUN Sharpe Ratio Rank: 71
UJUN Sortino Ratio Rank: 75
UJUN Omega Ratio Rank: 86
UJUN Calmar Ratio Rank: 70
UJUN Martin Ratio Rank: 91

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.

LOHA vs. UJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HALO ETF (LOHA) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LOHA	UJUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.18	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	0.75	-1.38

Drawdowns

LOHA vs. UJUN - Drawdown Comparison

The maximum LOHA drawdown since its inception was -2.08%, smaller than the maximum UJUN drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for LOHA and UJUN.

Drawdown Indicators

	LOHA	UJUN	Difference
Max Drawdown Largest peak-to-trough decline	-2.08%	-13.73%	+11.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.84%	—
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	-1.27%	-1.39%	+0.12%
Average Drawdown Average peak-to-trough decline	-0.81%	-2.06%	+1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.47%	—

Volatility

Volatility by Period

	LOHA	UJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	4.36%	+7.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.84%	8.34%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.84%	8.78%	+3.06%

LOHA vs. UJUN - Expense Ratio Comparison

LOHA has a 0.35% expense ratio, which is lower than UJUN's 0.79% expense ratio.

Dividends

LOHA vs. UJUN - Dividend Comparison

Neither LOHA nor UJUN has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LOHA Roundhill HALO ETF	0.00%	0.00%	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 LOHA and UJUN in my portfolio?

LOHA and UJUN have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LOHA or UJUN?

On fees, LOHA is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LOHA or UJUN?

LOHA is cheaper with a 0.35% expense ratio, compared with 0.79% for UJUN.

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

LOHA and UJUN have nearly identical dividend yields, around 0.00%.

What is the main difference between LOHA and UJUN?

LOHA tracks Akros U.S. Heavy Assets Low Obsolescence (HALO) Index, while UJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. They also come from different issuers: Roundhill and Innovator. Their fees differ too: 0.35% for LOHA and 0.79% for UJUN.