NJAN vs. EINC
NJAN (Innovator Growth-100 Power Buffer ETF - January) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - NJAN is a Defined Outcome fund tracking the NASDAQ-100 Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 5 years, NJAN returned 7.81%/yr vs 20.86%/yr for EINC. At a 0.30 correlation, their price movements are largely independent. NJAN charges 0.79%/yr vs 0.45%/yr for EINC.
Performance
NJAN vs. EINC - Performance Comparison
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Returns By Period
In the year-to-date period, NJAN achieves a 7.18% return, which is significantly lower than EINC's 24.27% return.
NJAN
- 1D
- -0.01%
- 1M
- 0.52%
- YTD
- 7.18%
- 6M
- 7.53%
- 1Y
- 18.68%
- 3Y*
- 13.94%
- 5Y*
- 7.81%
- 10Y*
- —
EINC
- 1D
- 1.33%
- 1M
- -5.79%
- YTD
- 24.27%
- 6M
- 25.77%
- 1Y
- 27.21%
- 3Y*
- 29.77%
- 5Y*
- 20.86%
- 10Y*
- 11.88%
NJAN vs. EINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NJAN Innovator Growth-100 Power Buffer ETF - January | 7.18% | 14.20% | 15.35% | 20.95% | -18.92% | 11.55% | 8.45% |
EINC VanEck Energy Income ETF | 24.27% | 7.11% | 42.79% | 15.55% | 19.18% | 38.05% | -19.89% |
Correlation
The correlation between NJAN and EINC is -0.11, 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 (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020 | 0.30 |
The correlation between NJAN and EINC shifts across timeframes, from -0.11 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NJAN vs. EINC — Risk / Return Rank
NJAN
EINC
NJAN vs. EINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - January (NJAN) and VanEck Energy Income ETF (EINC). 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.
| NJAN | EINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.32 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 3.47 | -0.29 |
| Martin ratioReturn relative to average drawdown | 15.05 | 8.82 | +6.23 |
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Drawdowns
NJAN vs. EINC - Drawdown Comparison
The maximum NJAN drawdown since its inception was -20.70%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for NJAN and EINC.
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Drawdown Indicators
| NJAN | EINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.70% | -87.55% | +66.85% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -7.89% | +1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -13.14% | -16.01% | +2.87% |
Max Drawdown (5Y)Largest decline over 5 years | -20.70% | -19.87% | -0.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.85% | — |
Current DrawdownCurrent decline from peak | -0.30% | -5.79% | +5.49% |
Average DrawdownAverage peak-to-trough decline | -3.79% | -44.16% | +40.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 3.09% | -1.85% |
Volatility
NJAN vs. EINC - Volatility Comparison
The current volatility for Innovator Growth-100 Power Buffer ETF - January (NJAN) is 2.25%, while VanEck Energy Income ETF (EINC) has a volatility of 6.32%. This indicates that NJAN experiences smaller price fluctuations and is considered to be less risky than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NJAN | EINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 6.32% | -4.07% |
Volatility (6M)Calculated over the trailing 6-month period | 6.09% | 11.86% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.24% | 15.07% | -7.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.32% | 19.54% | -7.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.90% | 25.43% | -12.53% |
NJAN vs. EINC - Expense Ratio Comparison
NJAN has a 0.79% expense ratio, which is higher than EINC's 0.45% expense ratio.
Dividends
NJAN vs. EINC - Dividend Comparison
NJAN has not paid dividends to shareholders, while EINC's dividend yield for the trailing twelve months is around 3.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.56% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
NJAN Innovator Growth-100 Power Buffer ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NJAN and EINC have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EINC has higher volatility (6.32%) compared to NJAN (2.25%). In terms of maximum drawdown, NJAN dropped -20.70% vs EINC's -87.55%.
On 5-year performance, EINC leads with 20.86% vs 7.81% for NJAN. On fees, EINC is cheaper at 0.45% per year. On volatility, NJAN has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EINC has performed better with a 20.86% return vs 7.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EINC is cheaper with a 0.45% expense ratio, compared with 0.79% for NJAN.
EINC has the higher dividend yield at 3.56%, compared with 0.00% for NJAN.
NJAN is categorized as Defined Outcome, while EINC is Energy Equities. NJAN tracks NASDAQ-100 Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: Innovator and VanEck. Their fees differ too: 0.79% for NJAN and 0.45% for EINC.
NJAN currently has the higher Sharpe Ratio (2.60 vs 1.82), 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.
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