PortfoliosLab logo
TJUL vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TJUL and BITO is 0.82, 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

TJUL vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

TJUL:

1.30

BITO:

1.02

Sortino Ratio

TJUL:

2.00

BITO:

1.63

Omega Ratio

TJUL:

1.37

BITO:

1.19

Calmar Ratio

TJUL:

1.63

BITO:

1.72

Martin Ratio

TJUL:

10.06

BITO:

3.87

Ulcer Index

TJUL:

0.75%

BITO:

13.89%

Daily Std Dev

TJUL:

5.61%

BITO:

54.51%

Max Drawdown

TJUL:

-4.61%

BITO:

-77.86%

Current Drawdown

TJUL:

-0.08%

BITO:

-5.86%

Returns By Period

In the year-to-date period, TJUL achieves a 1.65% return, which is significantly lower than BITO's 8.21% return.


TJUL

YTD

1.65%

1M

1.68%

6M

2.16%

1Y

7.25%

5Y*

N/A

10Y*

N/A

BITO

YTD

8.21%

1M

24.79%

6M

29.64%

1Y

55.20%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TJUL vs. BITO - Expense Ratio Comparison

TJUL has a 0.79% expense ratio, which is lower than BITO's 0.95% expense ratio.


Risk-Adjusted Performance

TJUL vs. BITO — Risk-Adjusted Performance Rank

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

TJUL
The Risk-Adjusted Performance Rank of TJUL is 9191
Overall Rank
The Sharpe Ratio Rank of TJUL is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of TJUL is 9090
Sortino Ratio Rank
The Omega Ratio Rank of TJUL is 9494
Omega Ratio Rank
The Calmar Ratio Rank of TJUL is 9191
Calmar Ratio Rank
The Martin Ratio Rank of TJUL is 9494
Martin Ratio Rank

BITO
The Risk-Adjusted Performance Rank of BITO is 8484
Overall Rank
The Sharpe Ratio Rank of BITO is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 8585
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 8080
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TJUL vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) and ProShares Bitcoin Strategy ETF (BITO). 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.


The current TJUL Sharpe Ratio is 1.30, which is comparable to the BITO Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of TJUL and BITO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

TJUL vs. BITO - Dividend Comparison

TJUL has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 58.21%.


Drawdowns

TJUL vs. BITO - Drawdown Comparison

The maximum TJUL drawdown since its inception was -4.61%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for TJUL and BITO. For additional features, visit the drawdowns tool.


Loading data...

Volatility

TJUL vs. BITO - Volatility Comparison


Loading data...