XBJL vs. SPY
Compare and contrast key facts about Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL) and SPDR S&P 500 ETF (SPY).
XBJL and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBJL is an actively managed fund by Innovator. It was launched on Jul 1, 2021. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XBJL or SPY.
Correlation
The correlation between XBJL and SPY is 0.93, 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
XBJL vs. SPY - Performance Comparison
Key characteristics
XBJL:
2.07
SPY:
1.91
XBJL:
2.85
SPY:
2.57
XBJL:
1.49
SPY:
1.35
XBJL:
2.37
SPY:
2.88
XBJL:
14.94
SPY:
11.96
XBJL:
0.79%
SPY:
2.03%
XBJL:
5.74%
SPY:
12.68%
XBJL:
-11.78%
SPY:
-55.19%
XBJL:
0.00%
SPY:
0.00%
Returns By Period
In the year-to-date period, XBJL achieves a 2.17% return, which is significantly lower than SPY's 4.34% return.
XBJL
2.17%
1.04%
5.95%
11.71%
N/A
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XBJL vs. SPY - Expense Ratio Comparison
XBJL has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
XBJL vs. SPY — Risk-Adjusted Performance Rank
XBJL
SPY
XBJL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL) and SPDR S&P 500 ETF (SPY). 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.
Dividends
XBJL vs. SPY - Dividend Comparison
XBJL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XBJL Innovator U.S. Equity Accelerated 9 Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
XBJL vs. SPY - Drawdown Comparison
The maximum XBJL drawdown since its inception was -11.78%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XBJL and SPY. For additional features, visit the drawdowns tool.
Volatility
XBJL vs. SPY - Volatility Comparison
The current volatility for Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL) is 0.88%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.13%. This indicates that XBJL experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.