UJUN vs. ABIG

Last updated Jun 5, 2026

UJUN (Innovator U.S. Equity Ultra Buffer ETF - June) and ABIG (Argent Large Cap ETF) are both Large Cap Blend Equities funds. UJUN is passively managed, while ABIG is actively managed. Over the past year, UJUN returned 10.70% vs 18.99% for ABIG. Their correlation of 0.82 suggests significant overlap in exposure. UJUN charges 0.79%/yr vs 0.49%/yr for ABIG.

Performance

UJUN vs. ABIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) and Argent Large Cap ETF (ABIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UJUN achieves a 3.46% return, which is significantly lower than ABIG's 7.21% return.

UJUN

• 1D: 0.14%
• 1M: 0.52%
• YTD: 3.46%
• 6M: 4.28%
• 1Y: 10.70%
• 3Y*: 11.33%
• 5Y*: 6.41%
• 10Y*: —

ABIG

• 1D: 0.70%
• 1M: 4.23%
• YTD: 7.21%
• 6M: 6.33%
• 1Y: 18.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UJUN vs. ABIG - Yearly Performance Comparison

	2026 (YTD)	2025
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	3.46%	15.17%
ABIG Argent Large Cap ETF	7.21%	16.95%

Correlation

The correlation between UJUN and ABIG is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Apr 10, 2025	0.82

The correlation between UJUN and ABIG has been stable across timeframes, ranging from 0.81 to 0.82 - a consistent structural relationship.

Return for Risk

UJUN vs. ABIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UJUN

UJUN Risk / Return Rank: 86
UJUN Sharpe Ratio Rank: 81
UJUN Sortino Ratio Rank: 88
UJUN Omega Ratio Rank: 91
UJUN Calmar Ratio Rank: 76
UJUN Martin Ratio Rank: 92

ABIG

ABIG Risk / Return Rank: 37
ABIG Sharpe Ratio Rank: 42
ABIG Sortino Ratio Rank: 41
ABIG Omega Ratio Rank: 40
ABIG Calmar Ratio Rank: 29
ABIG Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UJUN vs. ABIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) and Argent Large Cap ETF (ABIG). 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.

	UJUN	ABIG	Difference
Sharpe ratio: Return per unit of total volatility	2.58	1.46	+1.12
Sortino ratio: Return per unit of downside risk	3.94	2.04	+1.90
Omega ratio: Gain probability vs. loss probability	1.60	1.26	+0.34
Calmar ratio: Return relative to maximum drawdown	3.79	1.39	+2.40
Martin ratio: Return relative to average drawdown	23.27	5.01	+18.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UJUN vs. ABIG - Sharpe Ratio Comparison

The current UJUN Sharpe Ratio is 2.58, which is higher than the ABIG Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of UJUN and ABIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UJUN	ABIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	1.46	+1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	1.53	-0.75

Drawdowns

UJUN vs. ABIG - Drawdown Comparison

The maximum UJUN drawdown since its inception was -13.73%, roughly equal to the maximum ABIG drawdown of -13.70%. Use the drawdown chart below to compare losses from any high point for UJUN and ABIG.

Drawdown Indicators

	UJUN	ABIG	Difference
Max Drawdown Largest peak-to-trough decline	-13.73%	-13.70%	-0.03%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-13.70%	+10.86%
Max Drawdown (3Y) Largest decline over 3 years	-11.24%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.96%	—	—
Current Drawdown Current decline from peak	-0.15%	-0.65%	+0.50%
Average Drawdown Average peak-to-trough decline	-2.06%	-2.23%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	3.80%	-3.34%

Volatility

UJUN vs. ABIG - Volatility Comparison

The current volatility for Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) is 0.43%, while Argent Large Cap ETF (ABIG) has a volatility of 3.37%. This indicates that UJUN experiences smaller price fluctuations and is considered to be less risky than ABIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UJUN	ABIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	3.37%	-2.94%
Volatility (6M) Calculated over the trailing 6-month period	3.25%	10.02%	-6.77%
Volatility (1Y) Calculated over the trailing 1-year period	4.20%	13.08%	-8.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.32%	14.31%	-5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.77%	14.31%	-5.54%

UJUN vs. ABIG - Expense Ratio Comparison

UJUN has a 0.79% expense ratio, which is higher than ABIG's 0.49% expense ratio.

Dividends

UJUN vs. ABIG - Dividend Comparison

UJUN has not paid dividends to shareholders, while ABIG's dividend yield for the trailing twelve months is around 0.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ABIG Argent Large Cap ETF	0.09%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UJUN Innovator U.S. Equity Ultra Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.89%

Frequently Asked Questions

Can I hold both UJUN and ABIG in my portfolio?

UJUN and ABIG have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UJUN or ABIG?

ABIG has higher volatility (3.37%) compared to UJUN (0.43%). In terms of maximum drawdown, UJUN dropped -13.73% vs ABIG's -13.70%.

Which ETF is better, UJUN or ABIG?

On 1-year performance, ABIG leads with 18.99% vs 10.70% for UJUN. On fees, ABIG is cheaper at 0.49% per year. On volatility, UJUN has been the lower-risk option at 0.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UJUN or ABIG?

Over the 1-year period, ABIG has performed better with a 18.99% return vs 10.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UJUN or ABIG?

ABIG is cheaper with a 0.49% expense ratio, compared with 0.79% for UJUN.

Which ETF pays a higher dividend yield, UJUN or ABIG?

ABIG has the higher dividend yield at 0.09%, compared with 0.00% for UJUN.

What is the main difference between UJUN and ABIG?

They also come from different issuers: Innovator and Argent. Their fees differ too: 0.79% for UJUN and 0.49% for ABIG.

Which has better risk-adjusted returns?

UJUN currently has the higher Sharpe Ratio (2.58 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.