JAJL vs ULVM

Comparison between Innovator Equity Defined Protection ETF - 6mo Jan/Jul (JAJL, ETF) and VICTORYSHARES US VALUE MOMENTUM ETF FORMERLY VICTORYSHARES USAA MSCI USA VALUE MOMENTUM ETF (ULVM, ETF).

JAJL vs ULVM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JAJL(ETF)	ULVM(ETF)
Net Assets	$266M	$266M
Expense Ratio	0.79%	0.20%
Max Drawdown	2.16%	40.81%
Sharpe Ratio	1.28	2.01
5Y Beta	0.10	0.75
P/E Ratio	N/A	17.78
Forward P/E	N/A	14.11
PEG Ratio	N/A	0.33
5Y Dividends CAGR	N/A	16.57%
5Y EPS CAGR	N/A	11.01%
Debt to Equity	N/A	12.90%
P/S Ratio	N/A	1.49
P/B Ratio	N/A	1.96

Net Assets

JAJL

$266M

Winner

ULVM

$266M

Expense Ratio

JAJL

0.79%

Winner

ULVM

0.20%

Max Drawdown

Winner

JAJL

2.16%

ULVM

40.81%

Sharpe Ratio

JAJL

1.28

Winner

ULVM

2.01

5Y Beta

Winner

JAJL

0.10

ULVM

0.75

P/E Ratio

JAJL

N/A

ULVM

17.78

Forward P/E

JAJL

N/A

ULVM

14.11

PEG Ratio

JAJL

N/A

ULVM

0.33

5Y Dividends CAGR

JAJL

N/A

ULVM

16.57%

5Y EPS CAGR

JAJL

N/A

ULVM

11.01%

Debt to Equity

JAJL

N/A

ULVM

12.90%

P/S Ratio

JAJL

N/A

ULVM

1.49

P/B Ratio

JAJL

N/A

ULVM

1.96

JAJL vs ULVM - Historical Returns

Returns include dividend reinvestment.

Period	JAJL	ULVM
1 month	+0.72%	+1.74%
3 months	+1.65%	+7.92%
6 months	+3.40%	+10.67%
1 year	+6.48%	+28.31%
5 years(CAGR)	N/A	+12.66%
10 years(CAGR)	N/A	+11.24%
Max(CAGR)	+7.09%	+11.24%

JAJL

+0.72%

Winner

ULVM

+1.74%

JAJL

+1.65%

Winner

ULVM

+7.92%

JAJL

+3.40%

Winner

ULVM

+10.67%

JAJL

+6.48%

Winner

ULVM

+28.31%

5Y(CAGR)

JAJL

N/A

ULVM

+12.66%

10Y(CAGR)

JAJL

N/A

ULVM

+11.24%

Max(CAGR)

JAJL

+7.09%

Winner

ULVM

+11.24%

JAJL vs ULVM - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	JAJL	ULVM
2026	+3.87%	+19.71%
2025	+6.60%	+16.00%
2024	+4.48%	+19.24%
2023	N/A	+10.56%
2022	N/A	-8.85%
2021	N/A	+32.46%
2020	N/A	+3.47%
2019	N/A	+22.30%
2018	N/A	-12.64%
2017	N/A	+4.30%

JAJL vs ULVM Drawdown Comparison

The maximum drawdown for JAJL was -2.16%, occurring on Apr 7, 2025. Recovery took 61 trading sessions.

The maximum drawdown for ULVM was -40.71%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.

The current JAJL drawdown is -0.13%. The current ULVM drawdown is -1.59%.

Rank	JAJL	ULVM
#1	-2.16% Feb 19, 2025 - May 16, 2025	-40.71% Feb 14, 2020 - Dec 8, 2020
#2	-1.31% Jul 16, 2024 - Aug 16, 2024	-21.95% Jan 26, 2018 - Dec 20, 2019
#3	-1.01% Feb 25, 2026 - Apr 9, 2026	-19.77% Jan 4, 2022 - Jan 25, 2024
#4	-0.90% Aug 30, 2024 - Sep 17, 2024	-18.14% Nov 29, 2024 - Jul 22, 2025
#5	-0.70% Jun 12, 2025 - Jun 24, 2025	-6.71% Jul 16, 2024 - Aug 23, 2024
#6	-0.65% May 16, 2025 - Jun 3, 2025	-6.47% Feb 26, 2026 - Apr 17, 2026
#7	-0.50% Jul 15, 2026 - Aug 3, 2026	-5.87% Nov 16, 2021 - Dec 27, 2021
#8	-0.47% Oct 29, 2024 - Nov 6, 2024	-5.69% Mar 28, 2024 - Jul 11, 2024
#9	-0.45% Nov 12, 2025 - Nov 25, 2025	-5.24% Jun 8, 2021 - Aug 3, 2021
#10	-0.43% Jan 27, 2026 - Feb 6, 2026	-5.03% Sep 2, 2021 - Oct 20, 2021
#11	-0.41% Jan 16, 2026 - Jan 26, 2026	-4.16% Aug 30, 2024 - Sep 19, 2024
#12	-0.40% Jun 4, 2025 - Jun 6, 2025	-4.07% Feb 12, 2021 - Mar 10, 2021
#13	-0.33% Jan 6, 2025 - Jan 15, 2025	-4.02% May 7, 2021 - May 27, 2021
#14	-0.32% Jul 28, 2025 - Aug 8, 2025	-3.87% Mar 15, 2021 - Apr 5, 2021
#15	-0.32% Jun 4, 2026 - Jun 15, 2026	-3.62% Jan 23, 2020 - Feb 11, 2020