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XBAP vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


XBAPSCHG
YTD Return9.74%29.15%
1Y Return17.13%49.83%
3Y Return (Ann)7.36%10.40%
Sharpe Ratio3.053.05
Sortino Ratio4.213.87
Omega Ratio1.761.55
Calmar Ratio3.873.83
Martin Ratio20.5116.44
Ulcer Index0.87%3.08%
Daily Std Dev5.82%16.63%
Max Drawdown-14.57%-34.59%
Current Drawdown-0.24%-0.45%

Correlation

-0.50.00.51.00.9

The correlation between XBAP and SCHG 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.

Performance

XBAP vs. SCHG - Performance Comparison

In the year-to-date period, XBAP achieves a 9.74% return, which is significantly lower than SCHG's 29.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctober
9.82%
20.60%
XBAP
SCHG

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XBAP vs. SCHG - Expense Ratio Comparison

XBAP has a 0.79% expense ratio, which is higher than SCHG's 0.04% expense ratio.


XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
Expense ratio chart for XBAP: 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 SCHG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

XBAP vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.


XBAP
Sharpe ratio
The chart of Sharpe ratio for XBAP, currently valued at 3.05, compared to the broader market-2.000.002.004.006.003.05
Sortino ratio
The chart of Sortino ratio for XBAP, currently valued at 4.21, compared to the broader market0.005.0010.004.21
Omega ratio
The chart of Omega ratio for XBAP, currently valued at 1.76, compared to the broader market1.001.502.002.503.003.501.76
Calmar ratio
The chart of Calmar ratio for XBAP, currently valued at 3.87, compared to the broader market0.005.0010.0015.003.87
Martin ratio
The chart of Martin ratio for XBAP, currently valued at 20.51, compared to the broader market0.0020.0040.0060.0080.00100.00120.0020.51
SCHG
Sharpe ratio
The chart of Sharpe ratio for SCHG, currently valued at 3.05, compared to the broader market-2.000.002.004.006.003.05
Sortino ratio
The chart of Sortino ratio for SCHG, currently valued at 3.87, compared to the broader market0.005.0010.003.87
Omega ratio
The chart of Omega ratio for SCHG, currently valued at 1.55, compared to the broader market1.001.502.002.503.003.501.55
Calmar ratio
The chart of Calmar ratio for SCHG, currently valued at 3.83, compared to the broader market0.005.0010.0015.003.83
Martin ratio
The chart of Martin ratio for SCHG, currently valued at 16.44, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.44

XBAP vs. SCHG - Sharpe Ratio Comparison

The current XBAP Sharpe Ratio is 3.05, which is comparable to the SCHG Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of XBAP and SCHG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.00JuneJulyAugustSeptemberOctober
3.05
3.05
XBAP
SCHG

Dividends

XBAP vs. SCHG - Dividend Comparison

XBAP has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.41%.


TTM20232022202120202019201820172016201520142013
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.41%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%1.07%

Drawdowns

XBAP vs. SCHG - Drawdown Comparison

The maximum XBAP drawdown since its inception was -14.57%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for XBAP and SCHG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctober
-0.24%
-0.45%
XBAP
SCHG

Volatility

XBAP vs. SCHG - Volatility Comparison

The current volatility for Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP) is 0.79%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 3.43%. This indicates that XBAP experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctober
0.79%
3.43%
XBAP
SCHG