QFLR vs. JULJ

Last updated Apr 2, 2026

Compare and contrast key facts about Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Premium Income 30 Barrier ETF - July (JULJ).

QFLR and JULJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QFLR is an actively managed fund by Innovator. It was launched on Jan 24, 2024. JULJ is an actively managed fund by Innovator. It was launched on Jun 30, 2023.

Performance

QFLR vs. JULJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Premium Income 30 Barrier ETF - July (JULJ). The values are adjusted to include any dividend payments, if applicable.

QFLR vs. JULJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QFLR Innovator Nasdaq-100 Managed Floor ETF	-2.22%	17.27%	16.64%
JULJ Innovator Premium Income 30 Barrier ETF - July	0.80%	5.91%	5.54%

Returns By Period

In the year-to-date period, QFLR achieves a -2.22% return, which is significantly lower than JULJ's 0.80% return.

QFLR

• 1D: 0.66%
• 1M: -2.97%
• YTD: -2.22%
• 6M: 0.78%
• 1Y: 23.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULJ

• 1D: 0.07%
• 1M: 0.26%
• YTD: 0.80%
• 6M: 2.19%
• 1Y: 5.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QFLR vs. JULJ - Expense Ratio Comparison

QFLR has a 0.89% expense ratio, which is higher than JULJ's 0.79% expense ratio.

QFLR

Innovator Nasdaq-100 Managed Floor ETF

JULJ

Innovator Premium Income 30 Barrier ETF - July

Return for Risk

QFLR vs. JULJ — Risk / Return Rank

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

QFLR

QFLR Risk / Return Rank: 89
QFLR Sharpe Ratio Rank: 88
QFLR Sortino Ratio Rank: 89
QFLR Omega Ratio Rank: 86
QFLR Calmar Ratio Rank: 90
QFLR Martin Ratio Rank: 92

JULJ

JULJ Risk / Return Rank: 77
JULJ Sharpe Ratio Rank: 67
JULJ Sortino Ratio Rank: 78
JULJ Omega Ratio Rank: 95
JULJ Calmar Ratio Rank: 52
JULJ Martin Ratio Rank: 94

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.

QFLR vs. JULJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Premium Income 30 Barrier ETF - July (JULJ). 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.

	QFLR	JULJ	Difference
Sharpe ratio Return per unit of total volatility	1.91	1.27	+0.65
Sortino ratio Return per unit of downside risk	2.62	2.11	+0.51
Omega ratio Gain probability vs. loss probability	1.36	1.48	-0.12
Calmar ratio Return relative to maximum drawdown	3.17	1.55	+1.62
Martin ratio Return relative to average drawdown	13.59	15.70	-2.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QFLR vs. JULJ - Sharpe Ratio Comparison

The current QFLR Sharpe Ratio is 1.91, which is higher than the JULJ Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of QFLR and JULJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QFLR	JULJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	1.27	+0.65
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	1.91	-0.79

Correlation

The correlation between QFLR and JULJ is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QFLR vs. JULJ - Dividend Comparison

QFLR has not paid dividends to shareholders, while JULJ's dividend yield for the trailing twelve months is around 5.72%.

	TTM	2025	2024	2023
QFLR Innovator Nasdaq-100 Managed Floor ETF	0.00%	0.02%	0.03%	0.00%
JULJ Innovator Premium Income 30 Barrier ETF - July	5.72%	5.76%	5.96%	3.21%

Drawdowns

QFLR vs. JULJ - Drawdown Comparison

The maximum QFLR drawdown since its inception was -13.97%, which is greater than JULJ's maximum drawdown of -3.62%. Use the drawdown chart below to compare losses from any high point for QFLR and JULJ.

Drawdown Indicators

	QFLR	JULJ	Difference
Max Drawdown Largest peak-to-trough decline	-13.97%	-3.62%	-10.35%
Max Drawdown (1Y) Largest decline over 1 year	-7.61%	-3.62%	-3.99%
Current Drawdown Current decline from peak	-4.77%	0.00%	-4.77%
Average Drawdown Average peak-to-trough decline	-2.61%	-0.11%	-2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	0.36%	+1.41%

Volatility

QFLR vs. JULJ - Volatility Comparison

Innovator Nasdaq-100 Managed Floor ETF (QFLR) has a higher volatility of 4.97% compared to Innovator Premium Income 30 Barrier ETF - July (JULJ) at 0.68%. This indicates that QFLR's price experiences larger fluctuations and is considered to be riskier than JULJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QFLR	JULJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	0.68%	+4.29%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	1.27%	+8.22%
Volatility (1Y) Calculated over the trailing 1-year period	12.32%	4.40%	+7.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.89%	3.16%	+9.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.89%	3.16%	+9.73%