PJAN vs IWC

Comparison between Innovator U.S. Equity Power Buffer ETF - January (PJAN, ETF) and ISHARES MICRO-CAP ETF (IWC, ETF).

5-Year PerformancePJAN has outperformed IWC, delivering a return of +9.1% compared to +7.6%

PJAN vs IWC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PJAN(ETF)	IWC(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.79%	0.60%
Max Drawdown	21.25%	65.20%
Sharpe Ratio	1.44	1.73
5Y Beta	0.46	1.19
P/E Ratio	N/A	-12.43
Forward P/E	N/A	10.62
5Y Dividends CAGR	N/A	13.56%
5Y EPS CAGR	N/A	0.24%
Debt to Equity	N/A	43.57%
P/S Ratio	N/A	1.22
P/B Ratio	N/A	1.73

Net Assets

PJAN

$1.50B

IWC

$1.50B

Expense Ratio

PJAN

0.79%

Winner

IWC

0.60%

Max Drawdown

Winner

PJAN

21.25%

IWC

65.20%

Sharpe Ratio

PJAN

1.44

Winner

IWC

1.73

5Y Beta

Winner

PJAN

0.46

IWC

1.19

P/E Ratio

PJAN

N/A

IWC

-12.43

Forward P/E

PJAN

N/A

IWC

10.62

5Y Dividends CAGR

PJAN

N/A

IWC

13.56%

5Y EPS CAGR

PJAN

N/A

IWC

0.24%

Debt to Equity

PJAN

N/A

IWC

43.57%

P/S Ratio

PJAN

N/A

IWC

1.22

P/B Ratio

PJAN

N/A

IWC

1.73

PJAN vs IWC - Historical Returns

Returns include dividend reinvestment.

Period	PJAN	IWC
1 month	+1.61%	+1.43%
3 months	+3.24%	+8.60%
6 months	+6.35%	+18.42%
1 year	+13.00%	+53.66%
5 years(CAGR)	+9.05%	+7.65%
10 years(CAGR)	N/A	+11.51%
Max(CAGR)	+9.51%	+8.01%

Winner

PJAN

+1.61%

IWC

+1.43%

PJAN

+3.24%

Winner

IWC

+8.60%

PJAN

+6.35%

Winner

IWC

+18.42%

PJAN

+13.00%

Winner

IWC

+53.66%

5Y(CAGR)

Winner

PJAN

+9.05%

IWC

+7.65%

10Y(CAGR)

PJAN

N/A

IWC

+11.51%

Max(CAGR)

Winner

PJAN

+9.51%

IWC

+8.01%

PJAN vs IWC - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	PJAN	IWC
2026	+7.28%	+25.99%
2025	+11.40%	+22.31%
2024	+13.70%	+14.33%
2023	+18.18%	+9.83%
2022	-5.52%	-23.36%
2021	+9.55%	+19.37%
2020	+7.34%	+21.33%
2019	+12.34%	+20.16%
2018	N/A	-14.02%
2017	N/A	+12.24%
2016	N/A	+23.81%
2015	N/A	-4.75%
2014	N/A	+4.30%
2013	N/A	+40.53%
2012	N/A	+17.20%
2011	N/A	-11.41%
2010	N/A	+25.96%
2009	N/A	+23.05%
2008	N/A	-38.31%
2007	N/A	-8.99%
2006	N/A	+13.12%
2005	N/A	+2.82%

PJAN vs IWC Drawdown Comparison

The maximum drawdown for PJAN was -21.25%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The maximum drawdown for IWC was -64.60%, occurring on Mar 9, 2009. Recovery took 1440 trading sessions.

The current IWC drawdown is -0.59%.

Rank	PJAN	IWC
#1	-21.25% Feb 19, 2020 - Aug 5, 2020	-64.60% Jun 19, 2007 - Mar 8, 2013
#2	-11.93% Jan 3, 2022 - Apr 13, 2023	-47.20% Aug 31, 2018 - Nov 23, 2020
#3	-10.49% Feb 19, 2025 - Jun 10, 2025	-41.06% Mar 12, 2021 - Sep 18, 2025
#4	-5.51% Sep 14, 2023 - Nov 13, 2023	-28.70% Jun 23, 2015 - Nov 21, 2016
#5	-4.63% Jan 28, 2026 - Apr 13, 2026	-16.66% Mar 5, 2014 - Mar 18, 2015
#6	-3.34% Jul 16, 2024 - Aug 16, 2024	-15.04% May 5, 2006 - Dec 27, 2006
#7	-3.25% Oct 12, 2020 - Nov 6, 2020	-12.43% Jan 22, 2026 - Apr 15, 2026
#8	-2.37% Aug 26, 2020 - Oct 8, 2020	-9.98% Oct 15, 2025 - Dec 4, 2025
#9	-2.33% Mar 28, 2024 - May 7, 2024	-8.81% Jan 23, 2018 - Mar 9, 2018
#10	-2.28% Apr 30, 2019 - Jun 18, 2019	-8.63% Feb 22, 2007 - Jun 1, 2007
#11	-2.13% Jan 20, 2021 - Feb 4, 2021	-8.61% Sep 12, 2005 - Dec 1, 2005
#12	-2.05% Jul 26, 2019 - Sep 11, 2019	-8.24% Feb 9, 2021 - Mar 10, 2021
#13	-1.69% Jul 31, 2023 - Aug 30, 2023	-8.08% Jan 22, 2014 - Feb 27, 2014
#14	-1.59% Jun 2, 2026 - Jun 15, 2026	-7.28% Mar 12, 2018 - May 11, 2018
#15	-1.58% May 7, 2021 - May 26, 2021	-7.07% Jul 1, 2026 - Jul 29, 2026