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UJUL vs. ZALT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


UJULZALT
YTD Return11.39%9.59%
Daily Std Dev6.47%4.71%
Max Drawdown-14.11%-3.28%
Current Drawdown-0.17%0.00%

Correlation

-0.50.00.51.00.8

The correlation between UJUL and ZALT is 0.76, 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

UJUL vs. ZALT - Performance Comparison

In the year-to-date period, UJUL achieves a 11.39% return, which is significantly higher than ZALT's 9.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


5.00%10.00%15.00%20.00%AprilMayJuneJulyAugustSeptember
19.56%
13.92%
UJUL
ZALT

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UJUL vs. ZALT - Expense Ratio Comparison

UJUL has a 0.79% expense ratio, which is higher than ZALT's 0.69% expense ratio.


UJUL
Innovator U.S. Equity Ultra Buffer ETF - July
Expense ratio chart for UJUL: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for ZALT: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

UJUL vs. ZALT - 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 Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT). 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.


UJUL
Sharpe ratio
The chart of Sharpe ratio for UJUL, currently valued at 2.75, compared to the broader market0.002.004.006.002.75
Sortino ratio
The chart of Sortino ratio for UJUL, currently valued at 3.96, compared to the broader market-2.000.002.004.006.008.0010.0012.003.96
Omega ratio
The chart of Omega ratio for UJUL, currently valued at 1.56, compared to the broader market1.001.502.002.503.001.56
Calmar ratio
The chart of Calmar ratio for UJUL, currently valued at 3.15, compared to the broader market0.005.0010.0015.003.15
Martin ratio
The chart of Martin ratio for UJUL, currently valued at 19.17, compared to the broader market0.0020.0040.0060.0080.00100.0019.17
ZALT
Sharpe ratio
No data

UJUL vs. ZALT - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

UJUL vs. ZALT - Dividend Comparison

Neither UJUL nor ZALT has paid dividends to shareholders.


TTM20232022202120202019
UJUL
Innovator U.S. Equity Ultra Buffer ETF - July
0.00%0.00%0.00%0.00%0.00%6.43%
ZALT
Innovator U.S. Equity 10 Buffer ETF - Quarterly
0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

UJUL vs. ZALT - Drawdown Comparison

The maximum UJUL drawdown since its inception was -14.11%, which is greater than ZALT's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for UJUL and ZALT. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%AprilMayJuneJulyAugustSeptember
-0.17%
0
UJUL
ZALT

Volatility

UJUL vs. ZALT - Volatility Comparison

Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) has a higher volatility of 2.34% compared to Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) at 1.44%. This indicates that UJUL's price experiences larger fluctuations and is considered to be riskier than ZALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%AprilMayJuneJulyAugustSeptember
2.34%
1.44%
UJUL
ZALT