XBFR vs. JULB

Last updated Jun 6, 2026

XBFR (Innovator Equity Managed 10 Buffer ETF) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. XBFR charges 0.79%/yr vs 0.25%/yr for JULB.

Performance

XBFR vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Managed 10 Buffer ETF (XBFR) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XBFR

• 1D: -2.13%
• 1M: 1.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULB

• 1D: -0.77%
• 1M: 0.87%
• YTD: 5.70%
• 6M: 6.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBFR vs. JULB - Yearly Performance Comparison

	2026 (YTD)
XBFR Innovator Equity Managed 10 Buffer ETF	4.18%
JULB Aptus July Buffer ETF	4.83%

Correlation

The correlation between XBFR and JULB is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 25, 2026	0.86

Return for Risk

XBFR vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Managed 10 Buffer ETF (XBFR) and Aptus July Buffer ETF (JULB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XBFR	JULB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.97	1.97	0.00

Drawdowns

XBFR vs. JULB - Drawdown Comparison

The maximum XBFR drawdown since its inception was -4.12%, smaller than the maximum JULB drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for XBFR and JULB.

Drawdown Indicators

	XBFR	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-4.12%	-5.24%	+1.12%
Current Drawdown Current decline from peak	-2.13%	-0.77%	-1.36%
Average Drawdown Average peak-to-trough decline	-1.00%	-0.87%	-0.13%

Volatility

Volatility by Period

	XBFR	JULB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.00%	6.85%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.00%	6.85%	+1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.00%	6.85%	+1.15%

XBFR vs. JULB - Expense Ratio Comparison

XBFR has a 0.79% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

XBFR vs. JULB - Dividend Comparison

XBFR's dividend yield for the trailing twelve months is around 0.03%, while JULB has not paid dividends to shareholders.

Position	TTM
JULB Aptus July Buffer ETF	0.00%
XBFR Innovator Equity Managed 10 Buffer ETF	0.03%

Frequently Asked Questions

Can I hold both XBFR and JULB in my portfolio?

XBFR and JULB have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBFR or JULB?

On fees, JULB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBFR or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.79% for XBFR.

Which ETF pays a higher dividend yield, XBFR or JULB?

XBFR has the higher dividend yield at 0.03%, compared with 0.00% for JULB.

What is the main difference between XBFR and JULB?

They also come from different issuers: Innovator and Aptus Capital Advisors. Their fees differ too: 0.79% for XBFR and 0.25% for JULB.