AJAN vs FAAA
Comparison between Innovator Equity Defined Protection ETF - 2 Yr to January 2026 (AJAN, ETF) and FIDELITY AAA CLO ETF (FAAA, ETF).
AJAN vs FAAA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
AJAN
$45M
Winner
FAAA
$45M
Expense Ratio
AJAN
0.79%
FAAA
N/A
Max Drawdown
AJAN
4.11%
Winner
FAAA
0.76%
Sharpe Ratio
AJAN
0.66
Winner
FAAA
1.18
5Y Beta
AJAN
0.19
Winner
FAAA
0.00
AJAN vs FAAA - Historical Returns
Returns include dividend reinvestment.
1M
AJAN
+0.07%
Winner
FAAA
+0.41%
3M
Winner
AJAN
+2.07%
FAAA
+1.64%
6M
AJAN
+1.91%
FAAA
N/A
1Y
AJAN
+5.34%
FAAA
N/A
Max(CAGR)
Winner
AJAN
+6.38%
FAAA
+4.91%
AJAN vs FAAA - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | AJAN | FAAA |
|---|---|---|
| 2026 | +1.56% | +1.59% |
| 2025 | +6.12% | N/A |
| 2024 | +7.78% | N/A |
AJAN vs FAAA Drawdown Comparison
The maximum drawdown for AJAN was -4.11%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.
The maximum drawdown for FAAA was -0.55%, occurring on Mar 5, 2026. Recovery took 23 trading sessions.
The current AJAN drawdown is -0.42%. The current FAAA drawdown is -0.05%.
| Rank | AJAN | FAAA |
|---|---|---|
| #1 | -4.11% Feb 20, 2025 - May 12, 2025 | -0.55% Feb 26, 2026 - Mar 31, 2026 |
| #2 | -2.24% Feb 25, 2026 - Apr 15, 2026 | -0.09% Apr 2, 2026 - Apr 9, 2026 |
| #3 | -1.57% Mar 28, 2024 - May 14, 2024 | -0.07% May 1, 2026 - May 7, 2026 |
| #4 | -0.95% Sep 20, 2024 - Sep 24, 2024 | -0.05% Jun 11, 2026 - Jun 12, 2026 |
| #5 | -0.90% Jul 15, 2024 - Aug 14, 2024 | -0.03% Feb 13, 2026 - Feb 19, 2026 |
| #6 | -0.87% Jan 6, 2025 - Jan 15, 2025 | -0.02% May 15, 2026 - May 19, 2026 |
| #7 | -0.84% May 28, 2026 - Jun 10, 2026 | -0.01% Jun 8, 2026 - Jun 11, 2026 |
| #8 | -0.67% Sep 27, 2024 - Nov 6, 2024 | -0.01% May 22, 2026 - May 27, 2026 |
| #9 | -0.65% Feb 12, 2024 - Feb 23, 2024 | N/A |
| #10 | -0.57% Dec 4, 2024 - Jan 6, 2025 | N/A |
| #11 | -0.54% Aug 30, 2024 - Sep 11, 2024 | N/A |
| #12 | -0.53% May 16, 2025 - May 30, 2025 | N/A |
| #13 | -0.48% Mar 1, 2024 - Mar 7, 2024 | N/A |
| #14 | -0.46% Jan 12, 2024 - Jan 19, 2024 | N/A |
| #15 | -0.43% Jan 24, 2025 - Feb 6, 2025 | N/A |
Correlation
Correlation between AJAN and FAAA is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
0.83
-101
Select Stocks to Compare
Popular: AJAN vs SPYFAAA vs SPY
More Comparisons
Compare with similar stocks