AJAN vs MDLV

Comparison between Innovator Equity Defined Protection ETF - 2 Yr to January 2026 (AJAN, ETF) and MORGAN DEMPSEY LARGE CAP VALUE ETF (MDLV, ETF).

AJAN vs MDLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AJAN(ETF)	MDLV(ETF)
Net Assets	$43M	$43M
Expense Ratio	0.79%	0.58%
Max Drawdown	4.11%	11.45%
Sharpe Ratio	0.26	1.52
5Y Beta	0.20	0.36
P/E Ratio	N/A	19.70
Forward P/E	N/A	17.34
PEG Ratio	N/A	0.83
5Y EPS CAGR	N/A	7.21%
Debt to Equity	N/A	-78.02%
P/S Ratio	N/A	2.46
P/B Ratio	N/A	3.08

Net Assets

AJAN

$43M

Winner

MDLV

$43M

Expense Ratio

AJAN

0.79%

Winner

MDLV

0.58%

Max Drawdown

Winner

AJAN

4.11%

MDLV

11.45%

Sharpe Ratio

AJAN

0.26

Winner

MDLV

1.52

5Y Beta

Winner

AJAN

0.20

MDLV

0.36

P/E Ratio

AJAN

N/A

MDLV

19.70

Forward P/E

AJAN

N/A

MDLV

17.34

PEG Ratio

AJAN

N/A

MDLV

0.83

5Y EPS CAGR

AJAN

N/A

MDLV

7.21%

Debt to Equity

AJAN

N/A

MDLV

-78.02%

P/S Ratio

AJAN

N/A

MDLV

2.46

P/B Ratio

AJAN

N/A

MDLV

3.08

AJAN vs MDLV - Historical Returns

Returns include dividend reinvestment.

Period	AJAN	MDLV
1 month	+0.55%	+2.67%
3 months	+0.95%	+3.11%
6 months	+1.83%	+4.33%
1 year	+4.62%	+18.79%
Max(CAGR)	+6.24%	+11.46%

AJAN

+0.55%

Winner

MDLV

+2.67%

AJAN

+0.95%

Winner

MDLV

+3.11%

AJAN

+1.83%

Winner

MDLV

+4.33%

AJAN

+4.62%

Winner

MDLV

+18.79%

Max(CAGR)

AJAN

+6.24%

Winner

MDLV

+11.46%

AJAN vs MDLV - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	AJAN	MDLV
2026	+2.42%	+13.62%
2025	+6.12%	+13.72%
2024	+7.78%	+9.31%
2023	N/A	+0.69%

AJAN vs MDLV Drawdown Comparison

The maximum drawdown for AJAN was -4.11%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.

The maximum drawdown for MDLV was -10.71%, occurring on Apr 8, 2025. Recovery took 86 trading sessions.

The current AJAN drawdown is -0.25%. The current MDLV drawdown is -0.52%.

Rank	AJAN	MDLV
#1	-4.11% Feb 20, 2025 - May 12, 2025	-10.71% Feb 28, 2025 - Jul 3, 2025
#2	-2.24% Feb 25, 2026 - Apr 15, 2026	-10.05% Apr 28, 2023 - Jan 2, 2024
#3	-1.57% Mar 28, 2024 - May 14, 2024	-7.77% Oct 18, 2024 - Feb 25, 2025
#4	-0.95% Sep 20, 2024 - Sep 24, 2024	-4.27% Mar 2, 2026 - May 18, 2026
#5	-0.90% Jul 15, 2024 - Aug 14, 2024	-3.88% Mar 28, 2024 - May 10, 2024
#6	-0.87% Jan 6, 2025 - Jan 15, 2025	-3.79% May 17, 2024 - Jul 16, 2024
#7	-0.84% May 28, 2026 - Jun 15, 2026	-2.90% Jul 23, 2025 - Aug 22, 2025
#8	-0.68% Jul 14, 2026 - Aug 3, 2026	-2.78% Aug 1, 2024 - Aug 16, 2024
#9	-0.67% Sep 27, 2024 - Nov 6, 2024	-2.56% Jun 12, 2026 - Jul 7, 2026
#10	-0.65% Feb 12, 2024 - Feb 23, 2024	-2.42% Oct 27, 2025 - Nov 12, 2025
#11	-0.61% Jun 15, 2026 - Jul 10, 2026	-2.34% Oct 3, 2025 - Oct 27, 2025
#12	-0.57% Dec 4, 2024 - Jan 6, 2025	-2.27% Jan 30, 2024 - Feb 23, 2024
#13	-0.54% Aug 30, 2024 - Sep 11, 2024	-2.20% Jul 17, 2024 - Jul 26, 2024
#14	-0.53% May 16, 2025 - May 30, 2025	-1.96% Jul 13, 2026 - Jul 24, 2026
#15	-0.48% Mar 1, 2024 - Mar 7, 2024	-1.88% May 22, 2026 - Jun 11, 2026