NBFR vs. UXJL

Last updated Aug 1, 2026

NBFR (Innovator Nasdaq-100 Managed 10 Buffer ETF) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.85 means they have usually moved in the same direction. NBFR charges 0.79%/yr vs 0.85%/yr for UXJL.

Performance

NBFR vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Nasdaq-100 Managed 10 Buffer ETF (NBFR) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NBFR

• 1D: 0.95%
• 1M: -1.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

UXJL

• 1D: 0.93%
• 1M: 0.21%
• 6M: 8.78%
• YTD: 10.27%
• 1Y: 21.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NBFR Innovator Nasdaq-100 Managed 10 Buffer ETF	$83.82K	$58.88K	$223.65K
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	$17.25K	$15.17K	$23.14K

NBFR vs. UXJL - Yearly Performance Comparison

	2026 (YTD)
NBFR Innovator Nasdaq-100 Managed 10 Buffer ETF	3.36%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	10.85%

Correlation

The correlation between NBFR and UXJL is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 24, 2026	0.85

Return for Risk

NBFR vs. UXJL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NBFR

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

UXJL

UXJL Risk / Return Rank: 56
UXJL Sharpe Ratio Rank: 55
UXJL Sortino Ratio Rank: 54
UXJL Omega Ratio Rank: 53
UXJL Calmar Ratio Rank: 53
UXJL Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NBFR vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Nasdaq-100 Managed 10 Buffer ETF (NBFR) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	NBFR	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.35	—
Sortino ratio: Return per unit of downside risk	—	1.90	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	1.92	—
Martin ratio: Return relative to average drawdown	—	7.73	—

Drawdowns

NBFR vs. UXJL - Drawdown Comparison

The maximum NBFR drawdown since its inception was -8.49%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for NBFR and UXJL.

Drawdown Indicators

	NBFR	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-8.49%	-10.29%	+1.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.29%	—
Current Drawdown Current decline from peak	-4.58%	-2.10%	-2.48%
Average Drawdown Average peak-to-trough decline	-2.05%	-1.67%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.56%	—

Volatility

Volatility by Period

	NBFR	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.83%	14.65%	+2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.83%	14.47%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.83%	14.47%	+2.36%

NBFR vs. UXJL - Expense Ratio Comparison

NBFR has a 0.79% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

NBFR vs. UXJL - Dividend Comparison

NBFR's dividend yield for the trailing twelve months is around 0.02%, while UXJL has not paid dividends to shareholders.

Position	TTM
NBFR Innovator Nasdaq-100 Managed 10 Buffer ETF	0.02%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	0.00%

Frequently Asked Questions

Can I hold both NBFR and UXJL in my portfolio?

NBFR and UXJL have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBFR or UXJL?

On fees, NBFR is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBFR or UXJL?

NBFR is cheaper with a 0.79% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, NBFR or UXJL?

NBFR has the higher dividend yield at 0.02%, compared with 0.00% for UXJL.

What is the main difference between NBFR and UXJL?

They also come from different issuers: Innovator and First Trust. Their fees differ too: 0.79% for NBFR and 0.85% for UXJL.