TJUL vs. EALT
Compare and contrast key facts about Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) and Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT).
TJUL and EALT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TJUL is an actively managed fund by Innovator. It was launched on Jul 17, 2023. EALT is an actively managed fund by Innovator. It was launched on Sep 29, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TJUL or EALT.
Performance
TJUL vs. EALT - Performance Comparison
Returns By Period
In the year-to-date period, TJUL achieves a 7.88% return, which is significantly lower than EALT's 19.38% return.
TJUL
7.88%
0.78%
4.46%
10.46%
N/A
N/A
EALT
19.38%
2.43%
11.60%
21.47%
N/A
N/A
Key characteristics
| TJUL | EALT | |
|---|---|---|
| Sharpe Ratio | 3.18 | 2.50 |
| Sortino Ratio | 4.58 | 3.45 |
| Omega Ratio | 1.67 | 1.51 |
| Calmar Ratio | 6.58 | 3.69 |
| Martin Ratio | 28.79 | 16.27 |
| Ulcer Index | 0.36% | 1.32% |
| Daily Std Dev | 3.29% | 8.58% |
| Max Drawdown | -3.09% | -5.81% |
| Current Drawdown | 0.00% | 0.00% |
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TJUL vs. EALT - Expense Ratio Comparison
TJUL has a 0.79% expense ratio, which is higher than EALT's 0.69% expense ratio.
Correlation
The correlation between TJUL and EALT is 0.78, 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.
Risk-Adjusted Performance
TJUL vs. EALT - 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 Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT). 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.
Dividends
TJUL vs. EALT - Dividend Comparison
Neither TJUL nor EALT has paid dividends to shareholders.
Drawdowns
TJUL vs. EALT - Drawdown Comparison
The maximum TJUL drawdown since its inception was -3.09%, smaller than the maximum EALT drawdown of -5.81%. Use the drawdown chart below to compare losses from any high point for TJUL and EALT. For additional features, visit the drawdowns tool.
Volatility
TJUL vs. EALT - Volatility Comparison
The current volatility for Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) is 0.75%, while Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) has a volatility of 2.70%. This indicates that TJUL experiences smaller price fluctuations and is considered to be less risky than EALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.