CAF vs UJAN

Comparison between Morgan Stanley China A Share Fund Inc (CAF, ETF) and Innovator U.S. Equity Ultra Buffer ETF - January (UJAN, ETF).

5-Year PerformanceUJAN has outperformed CAF, delivering a return of +7.8% compared to -1.3%

CAF vs UJAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CAF(ETF)	UJAN(ETF)
Net Assets	$320M	$321M
Expense Ratio	N/A	0.79%
Max Drawdown	84.15%	13.69%
Sharpe Ratio	1.92	1.68
5Y Beta	0.39	0.39
5Y Dividends CAGR	-39.05%	N/A

Net Assets

CAF

$320M

Winner

UJAN

$321M

Expense Ratio

CAF

N/A

UJAN

0.79%

Max Drawdown

CAF

84.15%

Winner

UJAN

13.69%

Sharpe Ratio

Winner

CAF

1.92

UJAN

1.68

5Y Beta

Winner

CAF

0.39

UJAN

0.39

5Y Dividends CAGR

CAF

-39.05%

UJAN

N/A

CAF vs UJAN - Historical Returns

Returns include dividend reinvestment.

Period	CAF	UJAN
1 month	-2.01%	+0.47%
3 months	+9.80%	+5.07%
6 months	+14.79%	+4.84%
1 year	+46.92%	+13.22%
5 years(CAGR)	-1.29%	+7.81%
10 years(CAGR)	+6.01%	N/A
Max(CAGR)	+9.05%	+8.11%

CAF

-2.01%

Winner

UJAN

+0.47%

Winner

CAF

+9.80%

UJAN

+5.07%

Winner

CAF

+14.79%

UJAN

+4.84%

Winner

CAF

+46.92%

UJAN

+13.22%

5Y(CAGR)

CAF

-1.29%

Winner

UJAN

+7.81%

10Y(CAGR)

CAF

+6.01%

UJAN

N/A

Max(CAGR)

Winner

CAF

+9.05%

UJAN

+8.11%

CAF vs UJAN - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	CAF	UJAN
2026	+9.00%	+4.05%
2025	+42.50%	+11.15%
2024	+0.52%	+13.57%
2023	-9.64%	+16.04%
2022	-31.42%	-6.13%
2021	-2.55%	+6.36%
2020	+10.91%	+6.72%
2019	+24.02%	+10.23%
2018	-15.74%	N/A
2017	+41.08%	N/A
2016	-7.41%	N/A
2015	+12.06%	N/A
2014	+38.76%	N/A
2013	-4.11%	N/A
2012	+32.20%	N/A
2011	-29.66%	N/A
2010	-8.64%	N/A
2009	+59.50%	N/A
2008	-49.62%	N/A
2007	+89.68%	N/A
2006	+54.38%	N/A

CAF vs UJAN Drawdown Comparison

The maximum drawdown for CAF was -66.21%, occurring on Nov 6, 2008. Recovery took 1892 trading sessions.

The maximum drawdown for UJAN was -13.69%, occurring on Mar 20, 2020. Recovery took 117 trading sessions.

The current CAF drawdown is -8.10%. The current UJAN drawdown is -0.63%.

Rank	CAF	UJAN
#1	-66.21% Sep 27, 2007 - Apr 6, 2015	-13.69% Feb 19, 2020 - Aug 5, 2020
#2	-49.04% Jun 1, 2021 - Jul 30, 2024	-9.03% Feb 19, 2025 - Jun 24, 2025
#3	-39.21% Jun 11, 2015 - May 16, 2017	-8.85% Jan 3, 2022 - May 18, 2023
#4	-33.95% Jan 26, 2018 - Dec 14, 2020	-4.84% Sep 14, 2023 - Nov 8, 2023
#5	-18.59% Jan 3, 2007 - Apr 3, 2007	-3.98% Feb 2, 2026 - Apr 14, 2026
#6	-13.35% Aug 13, 2007 - Aug 22, 2007	-3.25% Jul 16, 2024 - Aug 16, 2024
#7	-11.69% May 7, 2007 - Jun 14, 2007	-2.94% Oct 12, 2020 - Nov 6, 2020
#8	-10.34% Apr 27, 2015 - May 26, 2015	-2.51% Sep 2, 2020 - Oct 9, 2020
#9	-9.52% Jun 20, 2017 - Sep 7, 2017	-2.50% Mar 28, 2024 - May 9, 2024
#10	-7.52% Jun 19, 2007 - Jul 11, 2007	-2.01% Apr 30, 2019 - Jun 17, 2019
#11	-7.09% Sep 6, 2007 - Sep 18, 2007	-1.82% Jul 26, 2019 - Sep 11, 2019
#12	-6.85% Aug 27, 2007 - Aug 31, 2007	-1.43% Aug 30, 2024 - Sep 16, 2024
#13	-6.61% Oct 5, 2006 - Nov 29, 2006	-1.41% Jun 4, 2026 - Jun 10, 2026
#14	-5.76% Jan 5, 2021 - Feb 16, 2021	-1.38% Jul 31, 2023 - Aug 30, 2023
#15	-5.58% Oct 26, 2017 - Dec 26, 2017	-1.34% Nov 11, 2025 - Nov 25, 2025