QB vs. LJUL
QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) and LJUL (Innovator Premium Income 15 Buffer ETF - July) are both Defined Outcome funds. QB is passively managed, while LJUL is actively managed. A 0.54 correlation means they provide meaningful diversification when combined. QB charges 0.58%/yr vs 0.79%/yr for LJUL.
Performance
QB vs. LJUL - Performance Comparison
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Returns By Period
In the year-to-date period, QB achieves a 10.47% return, which is significantly higher than LJUL's 1.80% return.
QB
- 1D
- -0.19%
- 1M
- 2.95%
- YTD
- 10.47%
- 6M
- 9.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LJUL
- 1D
- -0.04%
- 1M
- 0.31%
- YTD
- 1.80%
- 6M
- 2.30%
- 1Y
- 5.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QB vs. LJUL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 10.47% | 5.77% |
LJUL Innovator Premium Income 15 Buffer ETF - July | 1.80% | 3.58% |
Correlation
The correlation between QB and LJUL is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.54 |
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Return for Risk
QB vs. LJUL — Risk / Return Rank
QB
LJUL
QB vs. LJUL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) and Innovator Premium Income 15 Buffer ETF - July (LJUL). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| QB | LJUL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.17 | 1.78 | +1.39 |
Drawdowns
QB vs. LJUL - Drawdown Comparison
The maximum QB drawdown since its inception was -1.83%, smaller than the maximum LJUL drawdown of -3.21%. Use the drawdown chart below to compare losses from any high point for QB and LJUL.
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Drawdown Indicators
| QB | LJUL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.83% | -3.21% | +1.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.52% | — |
Current DrawdownCurrent decline from peak | -0.30% | -0.04% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -0.34% | -0.12% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.10% | — |
Volatility
QB vs. LJUL - Volatility Comparison
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Volatility by Period
| QB | LJUL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.75% | 1.58% | +4.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 3.25% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.75% | 3.25% | +2.50% |
QB vs. LJUL - Expense Ratio Comparison
QB has a 0.58% expense ratio, which is lower than LJUL's 0.79% expense ratio.
Dividends
QB vs. LJUL - Dividend Comparison
QB's dividend yield for the trailing twelve months is around 0.62%, less than LJUL's 5.23% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
LJUL Innovator Premium Income 15 Buffer ETF - July | 5.23% | 5.36% | 2.78% |
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 0.62% | 0.48% | 0.00% |
Frequently Asked Questions
QB and LJUL have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QB is cheaper with a 0.58% expense ratio, compared with 0.79% for LJUL.
LJUL has the higher dividend yield at 5.23%, compared with 0.62% for QB.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.58% for QB and 0.79% for LJUL.
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