UAUG vs. SPY
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) and SPDR S&P 500 ETF (SPY).
UAUG and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both UAUG and SPY 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 SPY.
Performance
UAUG vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, UAUG achieves a 15.42% return, which is significantly lower than SPY's 25.36% return.
UAUG
15.42%
0.65%
6.80%
19.38%
6.86%
N/A
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| UAUG | SPY | |
|---|---|---|
| Sharpe Ratio | 3.35 | 2.69 |
| Sortino Ratio | 4.92 | 3.59 |
| Omega Ratio | 1.72 | 1.50 |
| Calmar Ratio | 6.94 | 3.89 |
| Martin Ratio | 29.45 | 17.53 |
| Ulcer Index | 0.68% | 1.87% |
| Daily Std Dev | 5.97% | 12.15% |
| Max Drawdown | -13.91% | -55.19% |
| Current Drawdown | -0.49% | -1.41% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UAUG vs. SPY - Expense Ratio Comparison
UAUG has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between UAUG and SPY is 0.89, 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. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
UAUG has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
UAUG vs. SPY - Drawdown Comparison
The maximum UAUG drawdown since its inception was -13.91%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UAUG and SPY. For additional features, visit the drawdowns tool.
Volatility
UAUG vs. SPY - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) is 1.89%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.09%. This indicates that UAUG experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.