UJUL vs. ACIO
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) and Aptus Collared Income Opportunity ETF (ACIO).
UJUL and ACIO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UJUL is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect September Series Index. It was launched on Aug 8, 2018. ACIO is an actively managed fund by Aptus Capital Advisors. It was launched on Jul 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UJUL or ACIO.
Performance
UJUL vs. ACIO - Performance Comparison
Returns By Period
In the year-to-date period, UJUL achieves a 14.29% return, which is significantly lower than ACIO's 23.15% return.
UJUL
14.29%
1.71%
7.12%
17.93%
6.79%
N/A
ACIO
23.15%
1.67%
11.80%
26.88%
11.21%
N/A
Key characteristics
| UJUL | ACIO | |
|---|---|---|
| Sharpe Ratio | 3.04 | 2.95 |
| Sortino Ratio | 4.35 | 4.16 |
| Omega Ratio | 1.65 | 1.56 |
| Calmar Ratio | 4.38 | 5.19 |
| Martin Ratio | 22.65 | 21.76 |
| Ulcer Index | 0.79% | 1.24% |
| Daily Std Dev | 5.91% | 9.12% |
| Max Drawdown | -14.11% | -14.19% |
| Current Drawdown | -0.08% | -0.99% |
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UJUL vs. ACIO - Expense Ratio Comparison
Both UJUL and ACIO have an expense ratio of 0.79%.
Correlation
The correlation between UJUL and ACIO is 0.81, 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
UJUL vs. ACIO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) and Aptus Collared Income Opportunity ETF (ACIO). 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
UJUL vs. ACIO - Dividend Comparison
UJUL has not paid dividends to shareholders, while ACIO's dividend yield for the trailing twelve months is around 0.52%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
UJUL Innovator U.S. Equity Ultra Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.43% |
ACIO Aptus Collared Income Opportunity ETF | 0.52% | 0.72% | 1.51% | 0.61% | 1.02% | 1.32% |
Drawdowns
UJUL vs. ACIO - Drawdown Comparison
The maximum UJUL drawdown since its inception was -14.11%, roughly equal to the maximum ACIO drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for UJUL and ACIO. For additional features, visit the drawdowns tool.
Volatility
UJUL vs. ACIO - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) is 1.96%, while Aptus Collared Income Opportunity ETF (ACIO) has a volatility of 3.16%. This indicates that UJUL experiences smaller price fluctuations and is considered to be less risky than ACIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.