TSJA vs. BUFF
Compare and contrast key facts about Innovator Triple Stacker ETF - January (TSJA) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF).
TSJA and BUFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSJA is an actively managed fund by Innovator. It was launched on Jan 4, 2021. BUFF is a passively managed fund by Innovator that tracks the performance of the Refinitiv Laddered Power Buffer Strategy Index. It was launched on Oct 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSJA or BUFF.
Key characteristics
| TSJA | BUFF |
|---|
Correlation
The correlation between TSJA and BUFF 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
TSJA vs. BUFF - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TSJA vs. BUFF - Expense Ratio Comparison
TSJA has a 0.79% expense ratio, which is lower than BUFF's 0.99% expense ratio.
Risk-Adjusted Performance
TSJA vs. BUFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Triple Stacker ETF - January (TSJA) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF). 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
TSJA vs. BUFF - Dividend Comparison
Neither TSJA nor BUFF has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
TSJA Innovator Triple Stacker ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BUFF Innovator Laddered Fund of U.S. Equity Power Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 1.78% | 1.67% | 1.74% | 1.55% | 0.18% |
Drawdowns
TSJA vs. BUFF - Drawdown Comparison
Volatility
TSJA vs. BUFF - Volatility Comparison
The current volatility for Innovator Triple Stacker ETF - January (TSJA) is 0.00%, while Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) has a volatility of 1.48%. This indicates that TSJA experiences smaller price fluctuations and is considered to be less risky than BUFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.