AJUL vs PVEX

Comparison between Innovator Equity Defined Protection ETF - 2 Yr to July 2026 (AJUL, ETF) and TRUESHARES CONVEQUITY ETF (PVEX, ETF).

AJUL vs PVEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AJUL(ETF)	PVEX(ETF)
Net Assets	$58M	$59M
Expense Ratio	0.79%	0.82%
Max Drawdown	6.06%	7.80%
Sharpe Ratio	1.46	1.17
5Y Beta	0.27	1.10

Net Assets

AJUL

$58M

Winner

PVEX

$59M

Expense Ratio

Winner

AJUL

0.79%

PVEX

0.82%

Max Drawdown

Winner

AJUL

6.06%

PVEX

7.80%

Sharpe Ratio

Winner

AJUL

1.46

PVEX

1.17

5Y Beta

Winner

AJUL

0.27

PVEX

1.10

AJUL vs PVEX - Historical Returns

Returns include dividend reinvestment.

Period	AJUL	PVEX
1 month	+0.35%	+0.13%
3 months	+3.06%	+9.30%
6 months	+3.60%	+7.27%
1 year	+8.55%	+21.90%
Max(CAGR)	+7.90%	+23.18%

Winner

AJUL

+0.35%

PVEX

+0.13%

AJUL

+3.06%

Winner

PVEX

+9.30%

AJUL

+3.60%

Winner

PVEX

+7.27%

AJUL

+8.55%

Winner

PVEX

+21.90%

Max(CAGR)

AJUL

+7.90%

Winner

PVEX

+23.18%

AJUL vs PVEX - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	AJUL	PVEX
2026	+3.09%	+7.28%
2025	+7.77%	+13.68%
2024	+4.51%	N/A

AJUL vs PVEX Drawdown Comparison

The maximum drawdown for AJUL was -6.06%, occurring on Apr 8, 2025. Recovery took 62 trading sessions.

The maximum drawdown for PVEX was -7.63%, occurring on Mar 30, 2026. Recovery took 117 trading sessions.

The current AJUL drawdown is -0.02%. The current PVEX drawdown is -3.03%.

Rank	AJUL	PVEX
#1	-6.06% Feb 19, 2025 - May 19, 2025	-7.63% Oct 28, 2025 - Apr 17, 2026
#2	-2.19% Feb 25, 2026 - Apr 8, 2026	-7.13% Jul 25, 2025 - Sep 10, 2025
#3	-1.91% Jul 16, 2024 - Aug 15, 2024	-4.88% Jun 2, 2026 - Jun 10, 2026
#4	-1.13% Aug 30, 2024 - Sep 12, 2024	-4.28% Oct 8, 2025 - Oct 27, 2025
#5	-1.12% Dec 11, 2024 - Jan 21, 2025	-3.31% Jul 3, 2025 - Jul 23, 2025
#6	-1.09% Oct 27, 2025 - Nov 26, 2025	-2.37% May 14, 2026 - May 26, 2026
#7	-1.03% Oct 18, 2024 - Nov 7, 2024	-2.16% Sep 22, 2025 - Oct 1, 2025
#8	-0.82% Sep 30, 2024 - Oct 18, 2024	-0.82% May 1, 2026 - May 5, 2026
#9	-0.77% May 19, 2025 - Jun 2, 2025	-0.80% Sep 15, 2025 - Sep 18, 2025
#10	-0.66% Nov 8, 2024 - Nov 27, 2024	-0.75% Apr 17, 2026 - Apr 22, 2026
#11	-0.61% Oct 6, 2025 - Oct 20, 2025	-0.64% Oct 6, 2025 - Oct 8, 2025
#12	-0.52% Feb 2, 2026 - Feb 9, 2026	-0.62% Apr 27, 2026 - Apr 30, 2026
#13	-0.45% Jul 29, 2025 - Aug 8, 2025	-0.52% May 6, 2026 - May 8, 2026
#14	-0.44% Jan 16, 2026 - Jan 22, 2026	-0.41% May 8, 2026 - May 13, 2026
#15	-0.44% Aug 21, 2024 - Aug 26, 2024	-0.33% Apr 22, 2026 - Apr 24, 2026