NJAN vs MIY

Comparison between Innovator Growth-100 Power Buffer ETF - January (NJAN, ETF) and BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF).

5-Year PerformanceNJAN has outperformed MIY, delivering a return of +7.5% compared to +0.4%

NJAN vs MIY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NJAN(ETF)	MIY(ETF)
Net Assets	$351M	$352M
Expense Ratio	0.79%	N/A
Max Drawdown	20.70%	50.82%
Sharpe Ratio	1.42	1.20
5Y Beta	0.59	0.14
5Y Dividends CAGR	N/A	1.21%

Net Assets

NJAN

$351M

Winner

MIY

$352M

Expense Ratio

NJAN

0.79%

MIY

N/A

Max Drawdown

Winner

NJAN

20.70%

MIY

50.82%

Sharpe Ratio

Winner

NJAN

1.42

MIY

1.20

5Y Beta

NJAN

0.59

Winner

MIY

0.14

5Y Dividends CAGR

NJAN

N/A

MIY

1.21%

NJAN vs MIY - Historical Returns

Returns include dividend reinvestment.

Period	NJAN	MIY
1 month	+2.29%	+2.65%
3 months	+1.56%	+5.47%
6 months	+8.59%	+4.64%
1 year	+14.30%	+18.28%
5 years(CAGR)	+7.52%	+0.40%
10 years(CAGR)	N/A	+3.01%
Max(CAGR)	+8.22%	+5.67%

NJAN

+2.29%

Winner

MIY

+2.65%

NJAN

+1.56%

Winner

MIY

+5.47%

Winner

NJAN

+8.59%

MIY

+4.64%

NJAN

+14.30%

Winner

MIY

+18.28%

5Y(CAGR)

Winner

NJAN

+7.52%

MIY

+0.40%

10Y(CAGR)

NJAN

N/A

MIY

+3.01%

Max(CAGR)

Winner

NJAN

+8.22%

MIY

+5.67%

NJAN vs MIY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NJAN	MIY
2026	+8.41%	+10.80%
2025	+14.49%	+9.85%
2024	+16.44%	+2.85%
2023	+21.55%	+4.79%
2022	-18.98%	-23.78%
2021	+12.25%	+9.95%
2020	+8.29%	+7.48%
2019	N/A	+17.81%
2018	N/A	-6.04%
2017	N/A	+8.69%
2016	N/A	+2.26%
2015	N/A	+5.94%
2014	N/A	+17.64%
2013	N/A	-16.80%
2012	N/A	+7.93%
2011	N/A	+25.37%
2010	N/A	+10.33%
2009	N/A	+40.58%
2008	N/A	-24.58%
2007	N/A	-3.81%
2006	N/A	-3.30%
2005	N/A	+7.52%
2004	N/A	+10.85%
2003	N/A	+12.00%
2002	N/A	+12.32%
2001	N/A	+13.29%
2000	N/A	+8.59%
1999	N/A	-4.48%

NJAN vs MIY Drawdown Comparison

The maximum drawdown for NJAN was -20.70%, occurring on Oct 14, 2022. Recovery took 516 trading sessions.

The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.

The current NJAN drawdown is -0.61%. The current MIY drawdown is -0.79%.

Rank	NJAN	MIY
#1	-20.70% Jan 3, 2022 - Jan 24, 2024	-42.18% Feb 12, 2008 - Sep 3, 2009
#2	-15.96% Feb 19, 2020 - Jun 5, 2020	-34.58% Aug 2, 2021 - Mar 4, 2026
#3	-13.14% Feb 18, 2025 - Jun 3, 2025	-25.81% Jan 23, 2013 - Jan 4, 2016
#4	-5.90% Jan 28, 2026 - Apr 14, 2026	-24.40% Mar 4, 2020 - Aug 6, 2020
#5	-5.22% Jul 10, 2024 - Sep 19, 2024	-17.37% Aug 31, 2010 - Sep 29, 2011
#6	-4.12% Feb 12, 2021 - Apr 1, 2021	-13.79% Nov 5, 1999 - Dec 18, 2000
#7	-3.39% Apr 15, 2021 - Jun 7, 2021	-12.75% Jul 11, 2016 - Apr 12, 2019
#8	-3.27% Mar 22, 2024 - May 10, 2024	-11.86% Mar 24, 2004 - Sep 9, 2004
#9	-2.46% Jun 2, 2026 - Aug 4, 2026	-11.14% Jun 11, 2003 - Jan 7, 2004
#10	-2.07% Jan 26, 2021 - Feb 2, 2021	-10.97% Jan 24, 2006 - Feb 12, 2008
#11	-2.02% Jun 10, 2020 - Jul 1, 2020	-10.08% Mar 4, 2026 - Aug 14, 2026
#12	-1.88% Oct 29, 2025 - Nov 26, 2025	-9.04% Feb 10, 2012 - May 24, 2012
#13	-1.83% Aug 30, 2021 - Oct 15, 2021	-8.91% Oct 1, 2002 - Mar 5, 2003
#14	-1.76% Jan 6, 2025 - Jan 17, 2025	-8.41% Nov 28, 2012 - Jan 23, 2013
#15	-1.67% Jan 23, 2025 - Feb 13, 2025	-7.27% Nov 14, 2001 - May 28, 2002