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AJUL vs UMAY

Comparison between Innovator Equity Defined Protection ETF - 2 Yr to July 2026 (AJUL, ETF) and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY, ETF).

AJUL vs UMAY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
AJUL
$59M
UMAY
$59M
Expense Ratio
AJUL
0.79%
UMAY
0.79%
Max Drawdown
Winner
AJUL
6.06%
UMAY
12.12%
Sharpe Ratio
Winner
AJUL
1.62
UMAY
1.48
5Y Beta
Winner
AJUL
0.27
UMAY
0.49

AJUL vs UMAY - Historical Returns

Returns include dividend reinvestment.

1M
AJUL
+0.55%
Winner
UMAY
+0.59%
3M
Winner
AJUL
+2.55%
UMAY
+2.32%
6M
AJUL
+3.60%
Winner
UMAY
+3.64%
1Y
AJUL
+9.15%
Winner
UMAY
+9.67%
5Y(CAGR)
AJUL
N/A
UMAY
+6.29%
Max(CAGR)
Winner
AJUL
+7.96%
UMAY
+6.63%

AJUL vs UMAY - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

YearAJULUMAY
2026+3.06%+2.98%
2025+7.77%+8.79%
2024+4.51%+14.49%
2023N/A+12.76%
2022N/A-9.27%
2021N/A+5.51%
2020N/A+7.38%

AJUL vs UMAY Drawdown Comparison

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

The maximum drawdown for UMAY was -12.12%, occurring on Oct 11, 2022. Recovery took 424 trading sessions.

The current AJUL drawdown is -0.03%. The current UMAY drawdown is -1.19%.

RankAJULUMAY
#1-6.06%
Feb 19, 2025 - May 19, 2025
-12.12%
Apr 4, 2022 - Dec 11, 2023
#2-2.19%
Feb 25, 2026 - Apr 8, 2026
-10.49%
Feb 19, 2025 - May 16, 2025
#3-1.91%
Jul 16, 2024 - Aug 15, 2024
-4.02%
Jan 4, 2022 - Mar 28, 2022
#4-1.13%
Aug 30, 2024 - Sep 12, 2024
-3.54%
Jul 16, 2024 - Aug 19, 2024
#5-1.12%
Dec 11, 2024 - Jan 21, 2025
-2.47%
Jun 8, 2020 - Jul 20, 2020
#6-1.09%
Oct 27, 2025 - Nov 26, 2025
-1.93%
Aug 30, 2024 - Sep 16, 2024
#7-1.03%
Oct 18, 2024 - Nov 7, 2024
-1.72%
Oct 12, 2020 - Nov 5, 2020
#8-0.82%
Sep 30, 2024 - Oct 18, 2024
-1.49%
Aug 27, 2021 - Oct 19, 2021
#9-0.77%
May 19, 2025 - Jun 2, 2025
-1.48%
May 11, 2020 - May 18, 2020
#10-0.66%
Nov 8, 2024 - Nov 27, 2024
-1.48%
Aug 26, 2020 - Oct 9, 2020
#11-0.61%
Oct 6, 2025 - Oct 20, 2025
-1.42%
Nov 18, 2021 - Dec 23, 2021
#12-0.52%
Feb 2, 2026 - Feb 9, 2026
-1.39%
May 7, 2021 - May 27, 2021
#13-0.45%
Jul 29, 2025 - Aug 8, 2025
-1.36%
Feb 25, 2026 - Apr 2, 2026
#14-0.44%
Jan 16, 2026 - Jan 22, 2026
-1.20%
Dec 16, 2024 - Dec 24, 2024
#15-0.44%
Aug 21, 2024 - Aug 26, 2024
-1.19%
Jun 2, 2026 - Jun 5, 2026

Correlation

Correlation between AJUL and UMAY is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99
-101

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