PJAN vs QLTA

Comparison between Innovator U.S. Equity Power Buffer ETF - January (PJAN, ETF) and ISHARES AAA - A RATED CORPORATE BOND ETF (QLTA, ETF).

5-Year PerformancePJAN has outperformed QLTA, delivering a return of +8.8% compared to -0.3%

PJAN vs QLTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PJAN(ETF)	QLTA(ETF)
Net Assets	$1.50B	$1.60B
Expense Ratio	0.79%	0.15%
Max Drawdown	21.25%	26.32%
Sharpe Ratio	1.35	-0.19
5Y Beta	0.46	0.10
5Y Dividends CAGR	N/A	12.34%

Net Assets

PJAN

$1.50B

Winner

QLTA

$1.60B

Expense Ratio

PJAN

0.79%

Winner

QLTA

0.15%

Max Drawdown

Winner

PJAN

21.25%

QLTA

26.32%

Sharpe Ratio

Winner

PJAN

1.35

QLTA

-0.19

5Y Beta

PJAN

0.46

Winner

QLTA

0.10

5Y Dividends CAGR

PJAN

N/A

QLTA

12.34%

PJAN vs QLTA - Historical Returns

Returns include dividend reinvestment.

Period	PJAN	QLTA
1 month	+0.73%	-1.18%
3 months	+4.39%	-1.12%
6 months	+4.72%	-0.90%
1 year	+12.29%	+3.43%
5 years(CAGR)	+8.82%	-0.34%
10 years(CAGR)	N/A	+1.69%
Max(CAGR)	+9.38%	+2.44%

Winner

PJAN

+0.73%

QLTA

-1.18%

Winner

PJAN

+4.39%

QLTA

-1.12%

Winner

PJAN

+4.72%

QLTA

-0.90%

Winner

PJAN

+12.29%

QLTA

+3.43%

5Y(CAGR)

Winner

PJAN

+8.82%

QLTA

-0.34%

10Y(CAGR)

PJAN

N/A

QLTA

+1.69%

Max(CAGR)

Winner

PJAN

+9.38%

QLTA

+2.44%

PJAN vs QLTA - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	PJAN	QLTA
2026	+5.66%	-0.49%
2025	+11.40%	+7.38%
2024	+13.70%	+1.84%
2023	+18.18%	+6.96%
2022	-5.52%	-14.44%
2021	+9.55%	-1.97%
2020	+7.34%	+9.46%
2019	+12.34%	+12.41%
2018	N/A	-1.81%
2017	N/A	+5.55%
2016	N/A	+4.23%
2015	N/A	+0.13%
2014	N/A	+6.39%
2013	N/A	-2.60%
2012	N/A	+6.22%

PJAN vs QLTA Drawdown Comparison

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

The maximum drawdown for QLTA was -22.28%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current PJAN drawdown is -0.36%. The current QLTA drawdown is -4.28%.

Rank	PJAN	QLTA
#1	-21.25% Feb 19, 2020 - Aug 5, 2020	-22.28% Aug 6, 2020 - Oct 20, 2022
#2	-11.93% Jan 3, 2022 - Apr 13, 2023	-15.24% Mar 6, 2020 - May 29, 2020
#3	-10.49% Feb 19, 2025 - Jun 10, 2025	-7.06% May 2, 2013 - May 27, 2014
#4	-5.51% Sep 14, 2023 - Nov 13, 2023	-5.63% Jul 8, 2016 - Aug 23, 2017
#5	-4.63% Jan 28, 2026 - Apr 13, 2026	-4.40% Jan 30, 2015 - Mar 15, 2016
#6	-3.34% Jul 16, 2024 - Aug 16, 2024	-4.28% Dec 29, 2017 - Jan 31, 2019
#7	-3.25% Oct 12, 2020 - Nov 6, 2020	-2.71% Sep 4, 2019 - Dec 27, 2019
#8	-2.37% Aug 26, 2020 - Oct 8, 2020	-2.24% Jul 25, 2012 - Sep 24, 2012
#9	-2.33% Mar 28, 2024 - May 7, 2024	-2.20% Dec 6, 2012 - Apr 8, 2013
#10	-2.28% Apr 30, 2019 - Jun 18, 2019	-1.78% Feb 28, 2012 - May 1, 2012
#11	-2.13% Jan 20, 2021 - Feb 4, 2021	-1.70% Aug 27, 2014 - Oct 7, 2014
#12	-2.05% Jul 26, 2019 - Sep 11, 2019	-1.53% Oct 17, 2014 - Jan 2, 2015
#13	-1.69% Jul 31, 2023 - Aug 30, 2023	-1.43% May 5, 2016 - Jun 3, 2016
#14	-1.59% Jun 2, 2026 - Jun 15, 2026	-1.21% Jul 3, 2019 - Aug 1, 2019
#15	-1.58% May 7, 2021 - May 26, 2021	-1.06% Sep 7, 2017 - Dec 13, 2017