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NJAN vs SPY

Comparison between Innovator Growth-100 Power Buffer ETF - January (NJAN, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed NJAN, delivering a return of +13.3% compared to +7.9%

NJAN vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
NJAN
$371M
Winner
SPY
$735B
Expense Ratio
NJAN
0.79%
Winner
SPY
0.09%
Max Drawdown
Winner
NJAN
20.70%
SPY
56.47%
Sharpe Ratio
Winner
NJAN
1.76
SPY
1.62
5Y Beta
Winner
NJAN
0.60
SPY
1.00
P/E Ratio
NJAN
N/A
SPY
28.99
Forward P/E
NJAN
N/A
SPY
22.37
5Y Dividends CAGR
NJAN
N/A
SPY
5.43%
5Y EPS CAGR
NJAN
N/A
SPY
26.05%
Debt to Equity
NJAN
N/A
SPY
32.40%
P/S Ratio
NJAN
N/A
SPY
3.74
P/B Ratio
NJAN
N/A
SPY
5.61

NJAN vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
NJAN
+0.91%
Winner
SPY
+1.90%
3M
NJAN
+6.13%
Winner
SPY
+8.55%
6M
NJAN
+6.87%
Winner
SPY
+8.18%
1Y
NJAN
+17.78%
Winner
SPY
+25.79%
5Y(CAGR)
NJAN
+7.88%
Winner
SPY
+13.32%
10Y(CAGR)
NJAN
N/A
SPY
+15.19%
Max(CAGR)
NJAN
+8.15%
Winner
SPY
+8.47%

NJAN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearNJANSPY
2026+6.07%+8.26%
2025+14.49%+18.00%
2024+16.44%+25.59%
2023+21.55%+26.72%
2022-18.98%-18.64%
2021+12.25%+30.52%
2020+8.29%+17.28%
2019N/A+31.09%
2018N/A-5.24%
2017N/A+20.78%
2016N/A+13.59%
2015N/A+1.31%
2014N/A+14.56%
2013N/A+29.00%
2012N/A+14.17%
2011N/A+0.85%
2010N/A+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

NJAN vs SPY Drawdown Comparison

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

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current NJAN drawdown is -1.44%. The current SPY drawdown is -2.90%.

RankNJANSPY
#1-20.70%
Jan 3, 2022 - Jan 24, 2024
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-15.96%
Feb 19, 2020 - Jun 5, 2020
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-13.14%
Feb 18, 2025 - Jun 3, 2025
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-5.90%
Jan 28, 2026 - Apr 14, 2026
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-5.22%
Jul 10, 2024 - Sep 19, 2024
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-4.12%
Feb 12, 2021 - Apr 1, 2021
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-3.39%
Apr 15, 2021 - Jun 7, 2021
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-3.27%
Mar 22, 2024 - May 10, 2024
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-2.07%
Jan 26, 2021 - Feb 2, 2021
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-2.02%
Jun 10, 2020 - Jul 1, 2020
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-1.88%
Oct 29, 2025 - Nov 26, 2025
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-1.83%
Aug 30, 2021 - Oct 15, 2021
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-1.76%
Jan 6, 2025 - Jan 17, 2025
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-1.67%
Jan 23, 2025 - Feb 13, 2025
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-1.59%
Jan 12, 2026 - Jan 26, 2026
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between NJAN and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98
-101

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