Correlation
The correlation between UJAN and BUFF is 0.86, 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.
UJAN vs. BUFF
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - January (UJAN) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF).
UJAN and BUFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UJAN is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect January Series Index. It was launched on Jan 2, 2019. 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. Both UJAN and BUFF 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: UJAN or BUFF.
Performance
UJAN vs. BUFF - Performance Comparison
Loading data...
Key characteristics
UJAN:
0.99
BUFF:
0.79
UJAN:
1.35
BUFF:
1.14
UJAN:
1.22
BUFF:
1.19
UJAN:
0.84
BUFF:
0.77
UJAN:
3.33
BUFF:
3.37
UJAN:
2.27%
BUFF:
2.34%
UJAN:
8.26%
BUFF:
10.48%
UJAN:
-13.69%
BUFF:
-46.23%
UJAN:
-1.22%
BUFF:
-0.76%
Returns By Period
In the year-to-date period, UJAN achieves a 1.09% return, which is significantly lower than BUFF's 1.67% return.
UJAN
1.09%
2.92%
1.61%
7.73%
9.69%
7.43%
N/A
BUFF
1.67%
3.28%
1.13%
7.80%
10.01%
9.37%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UJAN vs. BUFF - Expense Ratio Comparison
UJAN has a 0.79% expense ratio, which is lower than BUFF's 0.99% expense ratio.
Risk-Adjusted Performance
UJAN vs. BUFF — Risk-Adjusted Performance Rank
UJAN
BUFF
UJAN vs. BUFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - January (UJAN) 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.
Loading data...
Dividends
UJAN vs. BUFF - Dividend Comparison
Neither UJAN nor BUFF has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
UJAN Innovator U.S. Equity Ultra Buffer ETF - January | 0.00% | 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% | 0.00% | 1.78% | 1.68% | 1.74% | 1.55% | 0.18% |
Drawdowns
UJAN vs. BUFF - Drawdown Comparison
The maximum UJAN drawdown since its inception was -13.69%, smaller than the maximum BUFF drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for UJAN and BUFF.
Loading data...
Volatility
UJAN vs. BUFF - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - January (UJAN) is 2.37%, while Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) has a volatility of 3.20%. This indicates that UJAN 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.
Loading data...