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TJUL vs NMT

Comparison between Innovator Equity Defined Protection ETF - 2 Yr to July 2025 (TJUL, ETF) and Nuveen Massachusetts Quality Municipal Income Fund (NMT, ETF).

TJUL vs NMT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
TJUL
$115M
Winner
NMT
$116M
Expense Ratio
TJUL
0.79%
NMT
N/A
Max Drawdown
Winner
TJUL
4.61%
NMT
48.99%
Sharpe Ratio
TJUL
0.49
Winner
NMT
1.45
5Y Beta
TJUL
0.22
Winner
NMT
0.16
5Y Dividends CAGR
TJUL
N/A
NMT
8.52%

TJUL vs NMT - Historical Returns

Returns include dividend reinvestment.

1M
Winner
TJUL
+0.92%
NMT
+0.40%
3M
TJUL
+1.26%
Winner
NMT
+2.56%
6M
TJUL
+2.64%
Winner
NMT
+11.03%
1Y
TJUL
+5.11%
Winner
NMT
+21.66%
5Y(CAGR)
TJUL
N/A
NMT
+1.50%
10Y(CAGR)
TJUL
N/A
NMT
+2.67%
Max(CAGR)
Winner
TJUL
+6.79%
NMT
+4.59%

TJUL vs NMT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearTJULNMT
2026+3.08%+17.21%
2025+6.55%+5.85%
2024+8.35%+16.17%
2023+3.05%+1.52%
2022N/A-30.75%
2021N/A+9.84%
2020N/A+6.18%
2019N/A+23.70%
2018N/A-14.40%
2017N/A+13.61%
2016N/A+0.05%
2015N/A+8.91%
2014N/A+15.06%
2013N/A-16.13%
2012N/A+6.26%
2011N/A+17.17%
2010N/A+4.45%
2009N/A+43.04%
2008N/A-20.35%
2007N/A-7.15%
2006N/A-3.17%
2005N/A+3.83%
2004N/A+8.22%
2003N/A+4.73%
2002N/A+6.23%
2001N/A+12.45%
2000N/A+10.29%
1999N/A-6.15%

TJUL vs NMT Drawdown Comparison

The maximum drawdown for TJUL was -4.61%, occurring on Apr 8, 2025. Recovery took 55 trading sessions.

The maximum drawdown for NMT was -40.09%, occurring on Oct 10, 2008. Recovery took 895 trading sessions.

The current TJUL drawdown is -0.02%. The current NMT drawdown is -2.80%.

RankTJULNMT
#1-4.61%
Feb 19, 2025 - May 8, 2025
-40.09%
Mar 2, 2006 - Sep 21, 2009
#2-3.09%
Jul 20, 2023 - Nov 15, 2023
-38.87%
Nov 22, 2021 - May 1, 2026
#3-2.08%
Jan 27, 2026 - Apr 13, 2026
-21.46%
Jan 24, 2013 - Dec 3, 2015
#4-1.59%
Jul 16, 2024 - Aug 13, 2024
-20.51%
Jul 25, 2016 - Aug 1, 2019
#5-1.28%
Mar 28, 2024 - May 9, 2024
-18.20%
Oct 21, 2010 - Jan 5, 2012
#6-1.09%
Oct 27, 2025 - Dec 10, 2025
-17.05%
Jan 24, 2020 - Jul 10, 2020
#7-0.84%
Aug 30, 2024 - Sep 12, 2024
-16.42%
Jun 4, 2003 - Mar 31, 2004
#8-0.71%
Jan 9, 2026 - Jan 27, 2026
-15.35%
Feb 15, 2005 - Sep 7, 2005
#9-0.70%
Dec 27, 2023 - Jan 12, 2024
-13.69%
Mar 31, 2004 - Oct 27, 2004
#10-0.64%
Sep 25, 2024 - Oct 14, 2024
-9.72%
Nov 3, 1999 - Jul 27, 2000
#11-0.63%
Dec 1, 2023 - Dec 12, 2023
-8.85%
Oct 7, 2009 - Mar 4, 2010
#12-0.54%
Oct 29, 2024 - Nov 6, 2024
-8.72%
Feb 13, 2012 - May 2, 2012
#13-0.52%
Mar 12, 2024 - Mar 20, 2024
-8.29%
Oct 8, 2002 - Mar 11, 2003
#14-0.52%
Jan 29, 2024 - Feb 2, 2024
-7.58%
Oct 15, 2012 - Jan 17, 2013
#15-0.51%
May 28, 2026 - Jul 1, 2026
-7.49%
Sep 7, 2005 - Feb 28, 2006

Correlation

Correlation between TJUL and NMT is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

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