NJUL vs. UAUG
Compare and contrast key facts about Innovator Growth-100 Power Buffer ETF - July (NJUL) and Innovator U.S. Equity Ultra Buffer ETF - August (UAUG).
NJUL and UAUG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NJUL is a passively managed fund by Innovator that tracks the performance of the NASDAQ-100 Index. It was launched on Jul 1, 2020. UAUG is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect August Series Index. It was launched on Aug 1, 2019. Both NJUL and UAUG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NJUL or UAUG.
Performance
NJUL vs. UAUG - Performance Comparison
Returns By Period
In the year-to-date period, NJUL achieves a 12.77% return, which is significantly lower than UAUG's 15.89% return.
NJUL
12.77%
1.99%
5.45%
16.05%
N/A
N/A
UAUG
15.89%
1.55%
7.23%
19.67%
6.93%
N/A
Key characteristics
| NJUL | UAUG | |
|---|---|---|
| Sharpe Ratio | 1.95 | 3.31 |
| Sortino Ratio | 2.64 | 4.85 |
| Omega Ratio | 1.41 | 1.71 |
| Calmar Ratio | 2.41 | 6.83 |
| Martin Ratio | 10.75 | 28.94 |
| Ulcer Index | 1.49% | 0.68% |
| Daily Std Dev | 8.25% | 5.95% |
| Max Drawdown | -14.37% | -13.91% |
| Current Drawdown | -0.57% | -0.08% |
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NJUL vs. UAUG - Expense Ratio Comparison
Both NJUL and UAUG have an expense ratio of 0.79%.
Correlation
The correlation between NJUL and UAUG is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NJUL vs. UAUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - July (NJUL) and Innovator U.S. Equity Ultra Buffer ETF - August (UAUG). 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.
Dividends
NJUL vs. UAUG - Dividend Comparison
Neither NJUL nor UAUG has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
NJUL Innovator Growth-100 Power Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% |
Drawdowns
NJUL vs. UAUG - Drawdown Comparison
The maximum NJUL drawdown since its inception was -14.37%, roughly equal to the maximum UAUG drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for NJUL and UAUG. For additional features, visit the drawdowns tool.
Volatility
NJUL vs. UAUG - Volatility Comparison
Innovator Growth-100 Power Buffer ETF - July (NJUL) has a higher volatility of 2.69% compared to Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) at 1.80%. This indicates that NJUL's price experiences larger fluctuations and is considered to be riskier than UAUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.