UAUG vs. NJUL
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) and Innovator Growth-100 Power Buffer ETF - July (NJUL).
UAUG and NJUL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UAUG is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect August Series Index. It was launched on Aug 1, 2019. NJUL is a passively managed fund by Innovator that tracks the performance of the NASDAQ-100 Index. It was launched on Jul 1, 2020. Both UAUG and NJUL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UAUG or NJUL.
Performance
UAUG vs. NJUL - Performance Comparison
Returns By Period
In the year-to-date period, UAUG achieves a 15.89% return, which is significantly higher than NJUL's 12.77% return.
UAUG
15.89%
1.55%
7.23%
19.67%
6.93%
N/A
NJUL
12.77%
1.99%
5.45%
16.05%
N/A
N/A
Key characteristics
| UAUG | NJUL | |
|---|---|---|
| Sharpe Ratio | 3.31 | 1.95 |
| Sortino Ratio | 4.85 | 2.64 |
| Omega Ratio | 1.71 | 1.41 |
| Calmar Ratio | 6.83 | 2.41 |
| Martin Ratio | 28.94 | 10.75 |
| Ulcer Index | 0.68% | 1.49% |
| Daily Std Dev | 5.95% | 8.25% |
| Max Drawdown | -13.91% | -14.37% |
| Current Drawdown | -0.08% | -0.57% |
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UAUG vs. NJUL - Expense Ratio Comparison
Both UAUG and NJUL have an expense ratio of 0.79%.
Correlation
The correlation between UAUG and NJUL 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.
Risk-Adjusted Performance
UAUG vs. NJUL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) and Innovator Growth-100 Power Buffer ETF - July (NJUL). 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
UAUG vs. NJUL - Dividend Comparison
Neither UAUG nor NJUL has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% |
NJUL Innovator Growth-100 Power Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UAUG vs. NJUL - Drawdown Comparison
The maximum UAUG drawdown since its inception was -13.91%, roughly equal to the maximum NJUL drawdown of -14.37%. Use the drawdown chart below to compare losses from any high point for UAUG and NJUL. For additional features, visit the drawdowns tool.
Volatility
UAUG vs. NJUL - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) is 1.80%, while Innovator Growth-100 Power Buffer ETF - July (NJUL) has a volatility of 2.69%. This indicates that UAUG experiences smaller price fluctuations and is considered to be less risky than NJUL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.