RB vs. LJUL
RB (ProShares Russell 2000 Dynamic Daily Buffer ETF) and LJUL (Innovator Premium Income 15 Buffer ETF - July) are both Defined Outcome funds. RB is passively managed, while LJUL is actively managed. At a 0.40 correlation, their price movements are largely independent. RB charges 0.58%/yr vs 0.79%/yr for LJUL.
Performance
RB vs. LJUL - Performance Comparison
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Returns By Period
In the year-to-date period, RB achieves a 6.76% return, which is significantly higher than LJUL's 1.80% return.
RB
- 1D
- -0.17%
- 1M
- 1.63%
- YTD
- 6.76%
- 6M
- 8.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LJUL
- 1D
- -0.04%
- 1M
- 0.31%
- YTD
- 1.80%
- 6M
- 2.30%
- 1Y
- 5.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RB vs. LJUL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RB ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.76% | 10.58% |
LJUL Innovator Premium Income 15 Buffer ETF - July | 1.80% | 3.58% |
Correlation
The correlation between RB and LJUL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.40 |
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Return for Risk
RB vs. LJUL — Risk / Return Rank
RB
LJUL
RB vs. LJUL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Russell 2000 Dynamic Daily Buffer ETF (RB) 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
| RB | 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 | 3.15 | 1.78 | +1.37 |
Drawdowns
RB vs. LJUL - Drawdown Comparison
The maximum RB drawdown since its inception was -1.70%, smaller than the maximum LJUL drawdown of -3.21%. Use the drawdown chart below to compare losses from any high point for RB and LJUL.
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Drawdown Indicators
| RB | LJUL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.70% | -3.21% | +1.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.52% | — |
Current DrawdownCurrent decline from peak | -0.47% | -0.04% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -0.41% | -0.12% | -0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.10% | — |
Volatility
RB vs. LJUL - Volatility Comparison
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Volatility by Period
| RB | 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 | 6.21% | 1.58% | +4.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.21% | 3.25% | +2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.21% | 3.25% | +2.96% |
RB vs. LJUL - Expense Ratio Comparison
RB has a 0.58% expense ratio, which is lower than LJUL's 0.79% expense ratio.
Dividends
RB vs. LJUL - Dividend Comparison
RB's dividend yield for the trailing twelve months is around 2.00%, 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% |
RB ProShares Russell 2000 Dynamic Daily Buffer ETF | 2.00% | 1.78% | 0.00% |
Frequently Asked Questions
RB and LJUL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RB 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 2.00% for RB.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.58% for RB and 0.79% for LJUL.
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