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ZALT vs. EALT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ZALT and EALT is 0.82, 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

ZALT vs. EALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) and Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ZALT:

1.06

EALT:

0.59

Sortino Ratio

ZALT:

1.58

EALT:

0.94

Omega Ratio

ZALT:

1.29

EALT:

1.14

Calmar Ratio

ZALT:

1.18

EALT:

0.55

Martin Ratio

ZALT:

6.13

EALT:

2.05

Ulcer Index

ZALT:

1.57%

EALT:

3.98%

Daily Std Dev

ZALT:

9.00%

EALT:

13.20%

Max Drawdown

ZALT:

-8.19%

EALT:

-14.76%

Current Drawdown

ZALT:

-1.32%

EALT:

-7.16%

Returns By Period

In the year-to-date period, ZALT achieves a 0.84% return, which is significantly higher than EALT's -3.83% return.


ZALT

YTD

0.84%

1M

4.42%

6M

0.64%

1Y

9.26%

5Y*

N/A

10Y*

N/A

EALT

YTD

-3.83%

1M

5.08%

6M

-4.82%

1Y

7.56%

5Y*

N/A

10Y*

N/A

*Annualized

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ZALT vs. EALT - Expense Ratio Comparison

Both ZALT and EALT have an expense ratio of 0.69%.


Risk-Adjusted Performance

ZALT vs. EALT — Risk-Adjusted Performance Rank

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

ZALT
The Risk-Adjusted Performance Rank of ZALT is 8686
Overall Rank
The Sharpe Ratio Rank of ZALT is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of ZALT is 8484
Sortino Ratio Rank
The Omega Ratio Rank of ZALT is 9090
Omega Ratio Rank
The Calmar Ratio Rank of ZALT is 8686
Calmar Ratio Rank
The Martin Ratio Rank of ZALT is 8888
Martin Ratio Rank

EALT
The Risk-Adjusted Performance Rank of EALT is 6565
Overall Rank
The Sharpe Ratio Rank of EALT is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of EALT is 6464
Sortino Ratio Rank
The Omega Ratio Rank of EALT is 6666
Omega Ratio Rank
The Calmar Ratio Rank of EALT is 6666
Calmar Ratio Rank
The Martin Ratio Rank of EALT is 6363
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.

ZALT vs. EALT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) and Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT). 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 ZALT Sharpe Ratio is 1.06, which is higher than the EALT Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of ZALT and EALT, 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

ZALT vs. EALT - Dividend Comparison

Neither ZALT nor EALT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ZALT vs. EALT - Drawdown Comparison

The maximum ZALT drawdown since its inception was -8.19%, smaller than the maximum EALT drawdown of -14.76%. Use the drawdown chart below to compare losses from any high point for ZALT and EALT. For additional features, visit the drawdowns tool.


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Volatility

ZALT vs. EALT - Volatility Comparison

The current volatility for Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) is 3.66%, while Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) has a volatility of 4.19%. This indicates that ZALT experiences smaller price fluctuations and is considered to be less risky than EALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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