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XUSP vs. CEFS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XUSP and CEFS is 0.70, 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

XUSP vs. CEFS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) and Saba Closed-End Funds ETF (CEFS). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

XUSP:

0.54

CEFS:

1.02

Sortino Ratio

XUSP:

0.96

CEFS:

1.48

Omega Ratio

XUSP:

1.13

CEFS:

1.22

Calmar Ratio

XUSP:

0.60

CEFS:

1.12

Martin Ratio

XUSP:

2.05

CEFS:

4.73

Ulcer Index

XUSP:

6.67%

CEFS:

3.16%

Daily Std Dev

XUSP:

23.56%

CEFS:

13.96%

Max Drawdown

XUSP:

-22.59%

CEFS:

-38.99%

Current Drawdown

XUSP:

-8.58%

CEFS:

-2.86%

Returns By Period

In the year-to-date period, XUSP achieves a -2.96% return, which is significantly lower than CEFS's 3.14% return.


XUSP

YTD

-2.96%

1M

9.09%

6M

-6.57%

1Y

12.57%

5Y*

N/A

10Y*

N/A

CEFS

YTD

3.14%

1M

7.67%

6M

1.02%

1Y

14.18%

5Y*

16.58%

10Y*

N/A

*Annualized

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XUSP vs. CEFS - Expense Ratio Comparison

XUSP has a 0.79% expense ratio, which is lower than CEFS's 3.80% expense ratio.


Risk-Adjusted Performance

XUSP vs. CEFS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XUSP
The Risk-Adjusted Performance Rank of XUSP is 5656
Overall Rank
The Sharpe Ratio Rank of XUSP is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of XUSP is 5656
Sortino Ratio Rank
The Omega Ratio Rank of XUSP is 5656
Omega Ratio Rank
The Calmar Ratio Rank of XUSP is 6161
Calmar Ratio Rank
The Martin Ratio Rank of XUSP is 5555
Martin Ratio Rank

CEFS
The Risk-Adjusted Performance Rank of CEFS is 8383
Overall Rank
The Sharpe Ratio Rank of CEFS is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of CEFS is 8181
Sortino Ratio Rank
The Omega Ratio Rank of CEFS is 8484
Omega Ratio Rank
The Calmar Ratio Rank of CEFS is 8383
Calmar Ratio Rank
The Martin Ratio Rank of CEFS is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XUSP vs. CEFS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) and Saba Closed-End Funds ETF (CEFS). 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.


The current XUSP Sharpe Ratio is 0.54, which is lower than the CEFS Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of XUSP and CEFS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

XUSP vs. CEFS - Dividend Comparison

XUSP has not paid dividends to shareholders, while CEFS's dividend yield for the trailing twelve months is around 8.74%.


TTM20242023202220212020201920182017
XUSP
Innovator Uncapped Accelerated U.S. Equity ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CEFS
Saba Closed-End Funds ETF
8.74%8.79%9.20%11.32%10.73%8.61%7.56%9.81%6.24%

Drawdowns

XUSP vs. CEFS - Drawdown Comparison

The maximum XUSP drawdown since its inception was -22.59%, smaller than the maximum CEFS drawdown of -38.99%. Use the drawdown chart below to compare losses from any high point for XUSP and CEFS. For additional features, visit the drawdowns tool.


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Volatility

XUSP vs. CEFS - Volatility Comparison

Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) has a higher volatility of 6.54% compared to Saba Closed-End Funds ETF (CEFS) at 3.40%. This indicates that XUSP's price experiences larger fluctuations and is considered to be riskier than CEFS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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