Correlation
The correlation between XBJA and DGT is 0.85, 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.
XBJA vs. DGT
Compare and contrast key facts about Innovator U.S. Equity Accelerated 9 Buffer ETF - January (XBJA) and SPDR Global Dow ETF (DGT).
XBJA and DGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBJA is an actively managed fund by Innovator. It was launched on Dec 31, 2021. DGT is a passively managed fund by State Street that tracks the performance of the Global Dow Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XBJA or DGT.
Performance
XBJA vs. DGT - Performance Comparison
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Key characteristics
XBJA:
0.60
DGT:
1.00
XBJA:
0.90
DGT:
1.39
XBJA:
1.18
DGT:
1.21
XBJA:
0.56
DGT:
1.08
XBJA:
2.74
DGT:
5.44
XBJA:
2.56%
DGT:
2.92%
XBJA:
12.61%
DGT:
16.81%
XBJA:
-17.41%
DGT:
-55.36%
XBJA:
-0.52%
DGT:
-0.24%
Returns By Period
In the year-to-date period, XBJA achieves a 1.92% return, which is significantly lower than DGT's 11.35% return.
XBJA
1.92%
4.30%
2.24%
7.52%
8.93%
N/A
N/A
DGT
11.35%
4.84%
7.73%
16.67%
13.90%
17.01%
10.17%
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XBJA vs. DGT - Expense Ratio Comparison
XBJA has a 0.79% expense ratio, which is higher than DGT's 0.50% expense ratio.
Risk-Adjusted Performance
XBJA vs. DGT — Risk-Adjusted Performance Rank
XBJA
DGT
XBJA vs. DGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated 9 Buffer ETF - January (XBJA) and SPDR Global Dow ETF (DGT). 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.
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Dividends
XBJA vs. DGT - Dividend Comparison
XBJA has not paid dividends to shareholders, while DGT's dividend yield for the trailing twelve months is around 2.56%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
XBJA Innovator U.S. Equity Accelerated 9 Buffer ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGT SPDR Global Dow ETF | 2.56% | 2.83% | 2.53% | 3.15% | 2.66% | 1.97% | 2.76% | 2.50% | 1.93% | 2.31% | 2.37% | 2.67% |
Drawdowns
XBJA vs. DGT - Drawdown Comparison
The maximum XBJA drawdown since its inception was -17.41%, smaller than the maximum DGT drawdown of -55.36%. Use the drawdown chart below to compare losses from any high point for XBJA and DGT.
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Volatility
XBJA vs. DGT - Volatility Comparison
Innovator U.S. Equity Accelerated 9 Buffer ETF - January (XBJA) and SPDR Global Dow ETF (DGT) have volatilities of 3.20% and 3.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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