UXJL vs. IJAN
UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and IJAN (Innovator International Developed Power Buffer ETF - January) are both Defined Outcome funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.85% expense ratio.
Performance
UXJL vs. IJAN - Performance Comparison
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Returns By Period
In the year-to-date period, UXJL achieves a 8.46% return, which is significantly higher than IJAN's 4.59% return.
UXJL
- 1D
- -1.53%
- 1M
- -1.62%
- YTD
- 8.46%
- 6M
- 7.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IJAN
- 1D
- -0.87%
- 1M
- 0.37%
- YTD
- 4.59%
- 6M
- 5.06%
- 1Y
- 12.26%
- 3Y*
- 9.75%
- 5Y*
- 7.14%
- 10Y*
- —
UXJL vs. IJAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July | 8.46% | 8.62% |
IJAN Innovator International Developed Power Buffer ETF - January | 4.59% | 6.17% |
Correlation
The correlation between UXJL and IJAN is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 21, 2025 | 0.71 |
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Return for Risk
UXJL vs. IJAN — Risk / Return Rank
UXJL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IJAN
UXJL vs. IJAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and Innovator International Developed Power Buffer ETF - January (IJAN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UXJL | IJAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.00 | — |
| Martin ratioReturn relative to average drawdown | — | 8.48 | — |
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Drawdowns
UXJL vs. IJAN - Drawdown Comparison
The maximum UXJL drawdown since its inception was -10.29%, smaller than the maximum IJAN drawdown of -22.68%. Use the drawdown chart below to compare losses from any high point for UXJL and IJAN.
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Drawdown Indicators
| UXJL | IJAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.29% | -22.68% | +12.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.14% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.30% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.71% | — |
Current DrawdownCurrent decline from peak | -3.71% | -0.87% | -2.84% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -2.93% | +1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.45% | — |
Volatility
UXJL vs. IJAN - Volatility Comparison
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Volatility by Period
| UXJL | IJAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.86% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.58% | 7.61% | +6.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.58% | 10.34% | +4.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.58% | 12.49% | +2.09% |
UXJL vs. IJAN - Expense Ratio Comparison
Both UXJL and IJAN have an expense ratio of 0.85%.
Dividends
UXJL vs. IJAN - Dividend Comparison
Neither UXJL nor IJAN has paid dividends to shareholders.
Frequently Asked Questions
UXJL and IJAN have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.85% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
UXJL and IJAN have the same expense ratio: 0.85% per year.
UXJL and IJAN have nearly identical dividend yields, around 0.00%.
They also come from different issuers: First Trust and Innovator.
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