RISE vs. EJAN

Last updated Aug 5, 2026

RISE (Pictet Emerging Markets Rising Economies ETF) and EJAN (Innovator Emerging Markets Power Buffer ETF January) are both exchange-traded funds - RISE is a Emerging Markets Equities fund actively managed by Pictet, while EJAN is a Defined Outcome fund tracking the MSCI Emerging Markets Index. RISE is actively managed, while EJAN is passively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. RISE charges 0.73%/yr vs 0.89%/yr for EJAN.

Performance

RISE vs. EJAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pictet Emerging Markets Rising Economies ETF (RISE) and Innovator Emerging Markets Power Buffer ETF January (EJAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RISE

• 1D: 1.31%
• 1M: 4.15%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EJAN

• 1D: 0.69%
• 1M: 1.70%
• 6M: 3.85%
• YTD: 7.14%
• 1Y: 12.04%
• 3Y*: 7.79%
• 5Y*: 3.54%
• 10Y*: —
• ALL TIME*: 4.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EJAN Innovator Emerging Markets Power Buffer ETF January	$334.48K	$228.94K	$486.17K
RISE Pictet Emerging Markets Rising Economies ETF	$24.85K	$19.88K	$35.44K

RISE vs. EJAN - Yearly Performance Comparison

	2026 (YTD)
RISE Pictet Emerging Markets Rising Economies ETF	-3.47%
EJAN Innovator Emerging Markets Power Buffer ETF January	2.10%

Correlation

The correlation between RISE and EJAN is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.67

Return for Risk

RISE vs. EJAN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RISE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EJAN

EJAN Risk / Return Rank: 53
EJAN Sharpe Ratio Rank: 50
EJAN Sortino Ratio Rank: 49
EJAN Omega Ratio Rank: 64
EJAN Calmar Ratio Rank: 45
EJAN Martin Ratio Rank: 59

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RISE vs. EJAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet Emerging Markets Rising Economies ETF (RISE) and Innovator Emerging Markets Power Buffer ETF January (EJAN). 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.

	RISE	EJAN	Difference
Sharpe ratio: Return per unit of total volatility	—	1.40	—
Sortino ratio: Return per unit of downside risk	—	2.01	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	1.82	—
Martin ratio: Return relative to average drawdown	—	7.98	—

Drawdowns

RISE vs. EJAN - Drawdown Comparison

The maximum RISE drawdown since its inception was -9.58%, smaller than the maximum EJAN drawdown of -22.23%. Use the drawdown chart below to compare losses from any high point for RISE and EJAN.

Drawdown Indicators

	RISE	EJAN	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-22.23%	+12.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.63%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.84%	—
Current Drawdown Current decline from peak	-3.85%	0.00%	-3.85%
Average Drawdown Average peak-to-trough decline	-5.63%	-5.66%	+0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.51%	—

Volatility

Volatility by Period

	RISE	EJAN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	8.66%	+9.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	11.16%	+6.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	12.63%	+5.26%

RISE vs. EJAN - Expense Ratio Comparison

RISE has a 0.73% expense ratio, which is lower than EJAN's 0.89% expense ratio.

Dividends

RISE vs. EJAN - Dividend Comparison

RISE's dividend yield for the trailing twelve months is around 0.47%, while EJAN has not paid dividends to shareholders.

Position	TTM
EJAN Innovator Emerging Markets Power Buffer ETF January	0.00%
RISE Pictet Emerging Markets Rising Economies ETF	0.47%

Frequently Asked Questions

Can I hold both RISE and EJAN in my portfolio?

RISE and EJAN have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RISE or EJAN?

On fees, RISE is cheaper at 0.73% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RISE or EJAN?

RISE is cheaper with a 0.73% expense ratio, compared with 0.89% for EJAN.

Which ETF pays a higher dividend yield, RISE or EJAN?

RISE has the higher dividend yield at 0.47%, compared with 0.00% for EJAN.

What is the main difference between RISE and EJAN?

RISE is categorized as Emerging Markets Equities, while EJAN is Defined Outcome. They also come from different issuers: Pictet and Innovator. Their fees differ too: 0.73% for RISE and 0.89% for EJAN.