FXZ vs BJAN

Comparison between FIRST TRUST MATERIALS ALPHADEX FUND (FXZ, ETF) and Innovator U.S. Equity Buffer ETF - January (BJAN, ETF).

5-Year PerformanceBJAN has outperformed FXZ, delivering a return of +10.4% compared to +7.2%

FXZ vs BJAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FXZ(ETF)	BJAN(ETF)
Net Assets	$383M	$381M
Expense Ratio	0.64%	0.79%
Max Drawdown	65.99%	26.87%
Sharpe Ratio	1.74	1.83
5Y Beta	0.99	0.62
P/E Ratio	50.46	N/A
Forward P/E	18.45	N/A
PEG Ratio	1.05	N/A
5Y Dividends CAGR	9.90%	N/A
5Y EPS CAGR	12.18%	N/A
Debt to Equity	32.42%	N/A
P/S Ratio	1.61	N/A
P/B Ratio	2.65	N/A

Net Assets

Winner

FXZ

$383M

BJAN

$381M

Expense Ratio

Winner

FXZ

0.64%

BJAN

0.79%

Max Drawdown

FXZ

65.99%

Winner

BJAN

26.87%

Sharpe Ratio

FXZ

1.74

Winner

BJAN

1.83

5Y Beta

FXZ

0.99

Winner

BJAN

0.62

P/E Ratio

FXZ

50.46

BJAN

N/A

Forward P/E

FXZ

18.45

BJAN

N/A

PEG Ratio

FXZ

1.05

BJAN

N/A

5Y Dividends CAGR

FXZ

9.90%

BJAN

N/A

5Y EPS CAGR

FXZ

12.18%

BJAN

N/A

Debt to Equity

FXZ

32.42%

BJAN

N/A

P/S Ratio

FXZ

1.61

BJAN

N/A

P/B Ratio

FXZ

2.65

BJAN

N/A

FXZ vs BJAN - Historical Returns

Returns include dividend reinvestment.

Period	FXZ	BJAN
1 month	+0.72%	+1.30%
3 months	+7.19%	+5.69%
6 months	+30.53%	+7.12%
1 year	+48.78%	+19.78%
5 years(CAGR)	+7.18%	+10.44%
10 years(CAGR)	+11.25%	N/A
Max(CAGR)	+9.26%	+12.62%

FXZ

+0.72%

Winner

BJAN

+1.30%

Winner

FXZ

+7.19%

BJAN

+5.69%

Winner

FXZ

+30.53%

BJAN

+7.12%

Winner

FXZ

+48.78%

BJAN

+19.78%

5Y(CAGR)

FXZ

+7.18%

Winner

BJAN

+10.44%

10Y(CAGR)

FXZ

+11.25%

BJAN

N/A

Max(CAGR)

FXZ

+9.26%

Winner

BJAN

+12.62%

FXZ vs BJAN - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FXZ	BJAN
2026	+22.82%	+5.77%
2025	+17.64%	+15.13%
2024	-16.23%	+17.73%
2023	+16.19%	+24.03%
2022	-0.61%	-11.75%
2021	+32.14%	+15.20%
2020	+23.28%	+11.97%
2019	+21.08%	+20.73%
2018	-24.45%	N/A
2017	+22.38%	N/A
2016	+30.33%	N/A
2015	-9.94%	N/A
2014	-0.28%	N/A
2013	+23.25%	N/A
2012	+22.00%	N/A
2011	-11.56%	N/A
2010	+24.41%	N/A
2009	+53.09%	N/A
2008	-43.60%	N/A
2007	+10.42%	N/A

FXZ vs BJAN Drawdown Comparison

The maximum drawdown for FXZ was -65.46%, occurring on Mar 6, 2009. Recovery took 648 trading sessions.

The maximum drawdown for BJAN was -26.86%, occurring on Mar 23, 2020. Recovery took 120 trading sessions.

The current FXZ drawdown is -3.35%. The current BJAN drawdown is -1.39%.

Rank	FXZ	BJAN
#1	-65.46% May 16, 2008 - Dec 10, 2010	-26.86% Feb 19, 2020 - Aug 10, 2020
#2	-49.41% Jan 26, 2018 - Nov 16, 2020	-17.38% Jan 4, 2022 - Jun 30, 2023
#3	-33.99% Apr 9, 2024 - Jan 9, 2026	-13.81% Feb 19, 2025 - Jun 24, 2025
#4	-32.59% May 10, 2011 - Dec 18, 2012	-8.10% Jul 28, 2023 - Nov 15, 2023
#5	-31.20% Apr 20, 2022 - Apr 3, 2024	-6.27% Jan 27, 2026 - Apr 14, 2026
#6	-26.86% Jul 3, 2014 - Jul 11, 2016	-4.69% Aug 28, 2020 - Oct 12, 2020
#7	-18.78% Jul 19, 2007 - Oct 5, 2007	-4.68% Jul 16, 2024 - Aug 19, 2024
#8	-18.28% Oct 29, 2007 - Apr 17, 2008	-4.67% Oct 12, 2020 - Nov 9, 2020
#9	-14.68% Jun 1, 2021 - Nov 11, 2021	-4.64% Apr 30, 2019 - Jun 19, 2019
#10	-12.75% Feb 11, 2026 - Apr 8, 2026	-4.07% Jul 26, 2019 - Sep 12, 2019
#11	-10.88% Nov 12, 2021 - Jan 12, 2022	-3.06% Mar 28, 2024 - May 9, 2024
#12	-10.29% Jan 14, 2022 - Feb 16, 2022	-2.60% May 7, 2021 - May 28, 2021
#13	-10.17% Jan 12, 2021 - Feb 24, 2021	-2.56% Jan 20, 2021 - Feb 4, 2021
#14	-9.01% Feb 17, 2011 - May 10, 2011	-2.55% Sep 12, 2019 - Oct 15, 2019
#15	-8.32% Mar 14, 2013 - May 8, 2013	-2.41% Feb 12, 2021 - Mar 12, 2021

Correlation

Correlation between FXZ and BJAN is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2007 - 2026)

FXZ vs BJAN dividend yield comparison.

Year	FXZ	BJAN
2026	0.30%	0.00%
2025	1.74%	0.00%
2024	1.81%	0.00%
2023	1.97%	0.00%
2022	1.56%	0.00%
2021	1.11%	0.00%
2020	1.51%	0.00%
2019	1.58%	4.66%
2018	1.38%	0.00%
2017	1.01%	0.00%
2016	1.19%	0.00%
2015	1.26%	0.00%
2014	1.73%	0.00%
2013	0.90%	0.00%
2012	2.81%	0.00%
2011	0.36%	0.00%
2010	1.61%	0.00%
2009	1.32%	0.00%
2008	1.88%	0.00%
2007	0.34%	0.00%