ZALT vs. JULQ

Last updated Jun 4, 2026

ZALT (Innovator U.S. Equity 10 Buffer ETF - Quarterly) and JULQ (Innovator Premium Income 40 Barrier ETF - July) are both Options Trading funds from Innovator. Both are actively managed. ZALT charges 0.69%/yr vs 0.79%/yr for JULQ.

Performance

ZALT vs. JULQ - 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 Premium Income 40 Barrier ETF - July (JULQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZALT

• 1D: -0.04%
• 1M: 0.94%
• YTD: 3.61%
• 6M: 3.99%
• 1Y: 10.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZALT vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
ZALT Innovator U.S. Equity 10 Buffer ETF - Quarterly	2.82%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

ZALT vs. JULQ - Sectors Allocation Comparison

Sectors	ZALT	JULQ
Technology	36.2%	31.7%
Financial Services	11.9%	14.0%
Communication Services	10.9%	9.5%
Consumer Cyclical	10.1%	10.4%
Healthcare	8.4%	10.9%
Industrials	8.1%	7.7%
Consumer Defensive	4.9%	6.2%
Energy	3.5%	3.2%
Utilities	2.3%	2.6%
Real Estate	1.9%	2.3%
Basic Materials	1.8%	1.8%

Return for Risk

ZALT vs. JULQ — Risk / Return Rank

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

ZALT

ZALT Risk / Return Rank: 85
ZALT Sharpe Ratio Rank: 77
ZALT Sortino Ratio Rank: 79
ZALT Omega Ratio Rank: 86
ZALT Calmar Ratio Rank: 92
ZALT Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZALT vs. JULQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) and Innovator Premium Income 40 Barrier ETF - July (JULQ). 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.

	ZALT	JULQ	Difference
Sharpe ratio: Return per unit of total volatility	2.50	—	—
Sortino ratio: Return per unit of downside risk	3.54	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	6.08	—	—
Martin ratio: Return relative to average drawdown	21.69	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ZALT	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.73	—	—

Drawdowns

ZALT vs. JULQ - Drawdown Comparison

The maximum ZALT drawdown since its inception was -8.19%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ZALT and JULQ.

Drawdown Indicators

	ZALT	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-8.19%	0.00%	-8.19%
Max Drawdown (1Y) Largest decline over 1 year	-1.71%	—	—
Current Drawdown Current decline from peak	-0.04%	0.00%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.48%	0.00%	-0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	—	—

Volatility

Volatility by Period

	ZALT	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.15%	0.00%	+4.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.38%	0.00%	+6.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.38%	0.00%	+6.38%

ZALT vs. JULQ - Expense Ratio Comparison

ZALT has a 0.69% expense ratio, which is lower than JULQ's 0.79% expense ratio.

Dividends

ZALT vs. JULQ - Dividend Comparison

Neither ZALT nor JULQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, ZALT or JULQ?

On fees, ZALT is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZALT or JULQ?

ZALT is cheaper with a 0.69% expense ratio, compared with 0.79% for JULQ.

Which ETF pays a higher dividend yield, ZALT or JULQ?

ZALT and JULQ have nearly identical dividend yields, around 0.00%.

What is the main difference between ZALT and JULQ?

Their fees differ too: 0.69% for ZALT and 0.79% for JULQ.