XDJA vs. SPY
Compare and contrast key facts about Innovator U.S. Equity Accelerated ETF - January (XDJA) and SPDR S&P 500 ETF (SPY).
XDJA and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDJA is an actively managed fund by Innovator. It was launched on Dec 31, 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: XDJA or SPY.
Correlation
The correlation between XDJA and SPY is 0.94, 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
XDJA vs. SPY - Performance Comparison
Key characteristics
Returns By Period
XDJA
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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XDJA vs. SPY - Expense Ratio Comparison
XDJA has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
XDJA vs. SPY — Risk-Adjusted Performance Rank
XDJA
SPY
XDJA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated ETF - January (XDJA) 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
XDJA vs. SPY - Dividend Comparison
XDJA 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDJA Innovator U.S. Equity Accelerated 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% |
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
XDJA vs. SPY - Drawdown Comparison
Volatility
XDJA vs. SPY - Volatility Comparison
The current volatility for Innovator U.S. Equity Accelerated ETF - January (XDJA) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that XDJA 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.