NJUN vs. DRLL

Last updated Jul 22, 2026

NJUN (Innovator Growth-100 Power Buffer ETF - June) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - NJUN is a Defined Outcome fund actively managed by Innovator, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. NJUN is actively managed, while DRLL is passively managed. Over the past year, NJUN returned 8.13% vs 41.21% for DRLL. At a 0.03 correlation, their price movements are largely independent. NJUN charges 0.79%/yr vs 0.41%/yr for DRLL.

Performance

NJUN vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth-100 Power Buffer ETF - June (NJUN) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NJUN achieves a 2.58% return, which is significantly lower than DRLL's 34.01% return.

NJUN

• 1D: 1.04%
• 1M: -1.70%
• 6M: 2.86%
• YTD: 2.58%
• 1Y: 8.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.41%

DRLL

• 1D: 1.63%
• 1M: 12.58%
• 6M: 27.14%
• YTD: 34.01%
• 1Y: 41.21%
• 3Y*: 13.06%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.30%

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

NJUN vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NJUN Innovator Growth-100 Power Buffer ETF - June	2.58%	15.75%	8.06%
DRLL Strive U.S. Energy ETF	34.01%	7.74%	-9.89%

Correlation

The correlation between NJUN and DRLL is -0.13, 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	-0.13
Correlation (All Time) Calculated using the full available price history since Jun 3, 2024	0.03

The correlation between NJUN and DRLL shifts across timeframes, from -0.13 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NJUN vs. DRLL — Risk / Return Rank

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

NJUN

NJUN Risk / Return Rank: 49
NJUN Sharpe Ratio Rank: 38
NJUN Sortino Ratio Rank: 37
NJUN Omega Ratio Rank: 42
NJUN Calmar Ratio Rank: 59
NJUN Martin Ratio Rank: 67

DRLL

DRLL Risk / Return Rank: 65
DRLL Sharpe Ratio Rank: 75
DRLL Sortino Ratio Rank: 67
DRLL Omega Ratio Rank: 67
DRLL Calmar Ratio Rank: 65
DRLL Martin Ratio Rank: 50

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.

NJUN vs. DRLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - June (NJUN) and Strive U.S. Energy ETF (DRLL). 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.

	NJUN	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	1.04	1.82	-0.78
Sortino ratio: Return per unit of downside risk	1.50	2.34	-0.85
Omega ratio: Gain probability vs. loss probability	1.21	1.30	-0.09
Calmar ratio: Return relative to maximum drawdown	2.25	2.44	-0.19
Martin ratio: Return relative to average drawdown	8.99	6.21	+2.78

NJUN vs. DRLL - Sharpe Ratio Comparison

The current NJUN Sharpe Ratio is 1.04, which is lower than the DRLL Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of NJUN and DRLL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NJUN vs. DRLL - Drawdown Comparison

The maximum NJUN drawdown since its inception was -12.59%, smaller than the maximum DRLL drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for NJUN and DRLL.

Drawdown Indicators

	NJUN	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-12.59%	-23.73%	+11.14%
Max Drawdown (1Y) Largest decline over 1 year	-3.63%	-16.99%	+13.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.73%	—
Current Drawdown Current decline from peak	-2.09%	-6.18%	+4.09%
Average Drawdown Average peak-to-trough decline	-1.11%	-8.17%	+7.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	6.66%	-5.75%

Volatility

NJUN vs. DRLL - Volatility Comparison

The current volatility for Innovator Growth-100 Power Buffer ETF - June (NJUN) is 3.77%, while Strive U.S. Energy ETF (DRLL) has a volatility of 6.03%. This indicates that NJUN experiences smaller price fluctuations and is considered to be less risky than DRLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NJUN	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	6.03%	-2.26%
Volatility (6M) Calculated over the trailing 6-month period	6.92%	18.49%	-11.57%
Volatility (1Y) Calculated over the trailing 1-year period	7.87%	22.82%	-14.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.96%	23.80%	-12.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.96%	23.80%	-12.84%

NJUN vs. DRLL - Expense Ratio Comparison

NJUN has a 0.79% expense ratio, which is higher than DRLL's 0.41% expense ratio.

Dividends

NJUN vs. DRLL - Dividend Comparison

NJUN has not paid dividends to shareholders, while DRLL's dividend yield for the trailing twelve months is around 2.26%.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.26%	2.99%	3.00%	3.01%	1.18%
NJUN Innovator Growth-100 Power Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NJUN and DRLL in my portfolio?

NJUN and DRLL have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NJUN or DRLL?

DRLL has higher volatility (6.03%) compared to NJUN (3.77%). In terms of maximum drawdown, NJUN dropped -12.59% vs DRLL's -23.73%.

Which ETF is better, NJUN or DRLL?

On 1-year performance, DRLL leads with 41.21% vs 8.13% for NJUN. On fees, DRLL is cheaper at 0.41% per year. On volatility, NJUN has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NJUN or DRLL?

Over the 1-year period, DRLL has performed better with a 41.21% return vs 8.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NJUN or DRLL?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.79% for NJUN.

Which ETF pays a higher dividend yield, NJUN or DRLL?

DRLL has the higher dividend yield at 2.26%, compared with 0.00% for NJUN.

What is the main difference between NJUN and DRLL?

NJUN is categorized as Defined Outcome, while DRLL is Energy Equities. They also come from different issuers: Innovator and Strive. Their fees differ too: 0.79% for NJUN and 0.41% for DRLL.

Which has better risk-adjusted returns?

DRLL currently has the higher Sharpe Ratio (1.82 vs 1.04), 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.