PJUN vs. IGV
Compare and contrast key facts about Innovator U.S. Equity Power Buffer ETF - June (PJUN) and iShares Expanded Tech-Software Sector ET (IGV).
PJUN and IGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PJUN is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 15% Buffer Protect June Series Index. It was launched on Jun 3, 2019. IGV is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Software Index. It was launched on Jul 10, 2001. Both PJUN and IGV 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: PJUN or IGV.
Correlation
The correlation between PJUN and IGV is 0.75, 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.
Performance
PJUN vs. IGV - Performance Comparison
Key characteristics
PJUN:
2.45
IGV:
1.00
PJUN:
3.35
IGV:
1.41
PJUN:
1.57
IGV:
1.18
PJUN:
3.01
IGV:
0.31
PJUN:
18.24
IGV:
4.36
PJUN:
0.67%
IGV:
4.95%
PJUN:
5.04%
IGV:
21.64%
PJUN:
-16.31%
IGV:
-98.54%
PJUN:
-0.08%
IGV:
-58.58%
Returns By Period
In the year-to-date period, PJUN achieves a 2.13% return, which is significantly lower than IGV's 3.88% return.
PJUN
2.13%
0.76%
6.09%
12.54%
6.89%
N/A
IGV
3.88%
2.01%
21.10%
26.63%
15.31%
18.58%
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PJUN vs. IGV - Expense Ratio Comparison
PJUN has a 0.79% expense ratio, which is higher than IGV's 0.46% expense ratio.
Risk-Adjusted Performance
PJUN vs. IGV — Risk-Adjusted Performance Rank
PJUN
IGV
PJUN vs. IGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - June (PJUN) and iShares Expanded Tech-Software Sector ET (IGV). 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
PJUN vs. IGV - Dividend Comparison
Neither PJUN nor IGV has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PJUN Innovator U.S. Equity Power Buffer ETF - June | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGV iShares Expanded Tech-Software Sector ET | 0.00% | 0.00% | 0.41% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% | 0.29% |
Drawdowns
PJUN vs. IGV - Drawdown Comparison
The maximum PJUN drawdown since its inception was -16.31%, smaller than the maximum IGV drawdown of -98.54%. Use the drawdown chart below to compare losses from any high point for PJUN and IGV. For additional features, visit the drawdowns tool.
Volatility
PJUN vs. IGV - Volatility Comparison
The current volatility for Innovator U.S. Equity Power Buffer ETF - June (PJUN) is 1.04%, while iShares Expanded Tech-Software Sector ET (IGV) has a volatility of 6.12%. This indicates that PJUN experiences smaller price fluctuations and is considered to be less risky than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.