PJUL vs FMHI

Comparison between Innovator U.S. Equity Power Buffer ETF - July (PJUL, ETF) and FIRST TRUST MUNICIPAL HIGH INCOME ETF (FMHI, ETF).

5-Year PerformancePJUL has outperformed FMHI, delivering a return of +10.5% compared to +0.5%

PJUL vs FMHI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PJUL(ETF)	FMHI(ETF)
Net Assets	$998M	$995M
Expense Ratio	0.79%	0.49%
Max Drawdown	18.17%	22.72%
Sharpe Ratio	1.33	1.65
5Y Beta	0.49	0.01
5Y Dividends CAGR	N/A	4.45%

Net Assets

Winner

PJUL

$998M

FMHI

$995M

Expense Ratio

PJUL

0.79%

Winner

FMHI

0.49%

Max Drawdown

Winner

PJUL

18.17%

FMHI

22.72%

Sharpe Ratio

PJUL

1.33

Winner

FMHI

1.65

5Y Beta

PJUL

0.49

Winner

FMHI

0.01

5Y Dividends CAGR

PJUL

N/A

FMHI

4.45%

PJUL vs FMHI - Historical Returns

Returns include dividend reinvestment.

Period	PJUL	FMHI
1 month	+0.58%	-0.29%
3 months	+2.82%	+0.90%
6 months	+5.00%	+2.37%
1 year	+10.80%	+8.76%
5 years(CAGR)	+10.46%	+0.52%
10 years(CAGR)	N/A	+3.17%
Max(CAGR)	+8.87%	+3.17%

Winner

PJUL

+0.58%

FMHI

-0.29%

Winner

PJUL

+2.82%

FMHI

+0.90%

Winner

PJUL

+5.00%

FMHI

+2.37%

Winner

PJUL

+10.80%

FMHI

+8.76%

5Y(CAGR)

Winner

PJUL

+10.46%

FMHI

+0.52%

10Y(CAGR)

PJUL

N/A

FMHI

+3.17%

Max(CAGR)

Winner

PJUL

+8.87%

FMHI

+3.17%

PJUL vs FMHI - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	PJUL	FMHI
2026	+5.29%	+2.55%
2025	+13.13%	+3.38%
2024	+14.30%	+5.52%
2023	+20.19%	+7.03%
2022	-2.14%	-14.59%
2021	+7.76%	+7.78%
2020	+7.15%	+3.92%
2019	+11.97%	+10.38%
2018	-4.45%	+2.32%
2017	N/A	+1.08%

PJUL vs FMHI Drawdown Comparison

The maximum drawdown for PJUL was -18.17%, occurring on Mar 23, 2020. Recovery took 75 trading sessions.

The maximum drawdown for FMHI was -18.83%, occurring on Oct 27, 2022. Recovery took 1008 trading sessions.

The current PJUL drawdown is -0.36%. The current FMHI drawdown is -0.91%.

Rank	PJUL	FMHI
#1	-18.17% Feb 19, 2020 - Jun 5, 2020	-18.83% Dec 30, 2021 - Jan 7, 2026
#2	-10.69% Feb 19, 2025 - Jun 6, 2025	-16.66% Mar 6, 2020 - Dec 17, 2020
#3	-9.29% Oct 1, 2018 - Apr 8, 2019	-2.35% Feb 26, 2026 - May 28, 2026
#4	-8.27% Aug 16, 2022 - Jan 26, 2023	-1.96% Jul 19, 2021 - Dec 30, 2021
#5	-6.92% Mar 29, 2022 - Aug 11, 2022	-1.92% Feb 12, 2021 - Apr 8, 2021
#6	-5.51% Jul 28, 2023 - Nov 17, 2023	-1.83% Aug 31, 2018 - Dec 26, 2018
#7	-4.61% Feb 2, 2023 - Apr 13, 2023	-1.76% Feb 22, 2018 - May 7, 2018
#8	-4.46% Jun 8, 2020 - Jul 20, 2020	-1.73% Jan 3, 2018 - Feb 22, 2018
#9	-4.41% Jul 16, 2024 - Aug 19, 2024	-1.40% Aug 30, 2019 - Oct 8, 2019
#10	-4.25% Jan 3, 2022 - Mar 29, 2022	-1.02% Dec 7, 2017 - Jan 3, 2018
#11	-3.64% Feb 25, 2026 - Apr 9, 2026	-0.91% Jul 2, 2026 - Jul 21, 2026
#12	-3.31% May 3, 2019 - Jul 1, 2019	-0.80% Oct 8, 2019 - Nov 26, 2019
#13	-3.17% Jul 26, 2019 - Oct 17, 2019	-0.62% Apr 11, 2019 - Apr 18, 2019
#14	-3.02% Oct 13, 2020 - Nov 5, 2020	-0.59% Jul 31, 2018 - Aug 13, 2018
#15	-2.82% Aug 28, 2020 - Oct 12, 2020	-0.52% May 7, 2018 - May 25, 2018