ZJAN vs AFSM

Comparison between Innovator Equity Defined Protection ETF 1 Yr January (ZJAN, ETF) and FIRST TRUST ACTIVE FACTOR SMALL CAP ETF (AFSM, ETF).

ZJAN vs AFSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZJAN(ETF)	AFSM(ETF)
Net Assets	$115M	$115M
Expense Ratio	0.79%	0.75%
Max Drawdown	3.20%	43.54%
Sharpe Ratio	1.19	1.54
5Y Beta	0.15	1.02
P/E Ratio	N/A	18.52
Forward P/E	N/A	13.10
5Y Dividends CAGR	N/A	17.16%
5Y EPS CAGR	N/A	11.46%
Debt to Equity	N/A	17.08%
P/S Ratio	N/A	1.18
P/B Ratio	N/A	2.23

Net Assets

ZJAN

$115M

Winner

AFSM

$115M

Expense Ratio

ZJAN

0.79%

Winner

AFSM

0.75%

Max Drawdown

Winner

ZJAN

3.20%

AFSM

43.54%

Sharpe Ratio

ZJAN

1.19

Winner

AFSM

1.54

5Y Beta

Winner

ZJAN

0.15

AFSM

1.02

P/E Ratio

ZJAN

N/A

AFSM

18.52

Forward P/E

ZJAN

N/A

AFSM

13.10

5Y Dividends CAGR

ZJAN

N/A

AFSM

17.16%

5Y EPS CAGR

ZJAN

N/A

AFSM

11.46%

Debt to Equity

ZJAN

N/A

AFSM

17.08%

P/S Ratio

ZJAN

N/A

AFSM

1.18

P/B Ratio

ZJAN

N/A

AFSM

2.23

ZJAN vs AFSM - Historical Returns

Returns include dividend reinvestment.

Period	ZJAN	AFSM
1 month	+0.43%	+1.58%
3 months	+1.52%	+11.93%
6 months	+2.52%	+15.92%
1 year	+6.28%	+35.61%
5 years(CAGR)	N/A	+10.28%
Max(CAGR)	+6.16%	+11.99%

ZJAN

+0.43%

Winner

AFSM

+1.58%

ZJAN

+1.52%

Winner

AFSM

+11.93%

ZJAN

+2.52%

Winner

AFSM

+15.92%

ZJAN

+6.28%

Winner

AFSM

+35.61%

5Y(CAGR)

ZJAN

N/A

AFSM

+10.28%

Max(CAGR)

ZJAN

+6.16%

Winner

AFSM

+11.99%

ZJAN vs AFSM - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	ZJAN	AFSM
2026	+2.59%	+22.81%
2025	+6.79%	+9.99%
2024	N/A	+10.93%
2023	N/A	+22.85%
2022	N/A	-17.86%
2021	N/A	+27.36%
2020	N/A	+8.73%
2019	N/A	+2.63%

ZJAN vs AFSM Drawdown Comparison

The maximum drawdown for ZJAN was -3.20%, occurring on Apr 8, 2025. Recovery took 61 trading sessions.

The maximum drawdown for AFSM was -43.54%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

The current ZJAN drawdown is -0.04%. The current AFSM drawdown is -1.80%.

Rank	ZJAN	AFSM
#1	-3.20% Feb 19, 2025 - May 16, 2025	-43.54% Jan 16, 2020 - Dec 4, 2020
#2	-1.36% Feb 25, 2026 - Apr 13, 2026	-28.27% Nov 16, 2021 - Feb 15, 2024
#3	-0.62% Nov 12, 2025 - Nov 25, 2025	-25.07% Nov 11, 2024 - Sep 11, 2025
#4	-0.62% May 19, 2025 - Jun 2, 2025	-9.56% Feb 26, 2026 - Apr 14, 2026
#5	-0.52% Oct 9, 2025 - Oct 20, 2025	-9.26% Jul 31, 2024 - Oct 14, 2024
#6	-0.51% Jan 6, 2025 - Jan 17, 2025	-8.21% Mar 15, 2021 - Apr 26, 2021
#7	-0.50% Jun 2, 2026 - Jun 15, 2026	-8.17% Feb 12, 2021 - Mar 12, 2021
#8	-0.44% Jan 12, 2026 - Jan 27, 2026	-8.05% Sep 18, 2025 - Dec 10, 2025
#9	-0.42% Jul 28, 2025 - Aug 6, 2025	-7.71% Jul 1, 2021 - Aug 27, 2021
#10	-0.36% Feb 10, 2026 - Feb 25, 2026	-7.54% Mar 28, 2024 - May 15, 2024
#11	-0.33% Jan 28, 2026 - Feb 10, 2026	-6.30% Apr 27, 2021 - Jun 1, 2021
#12	-0.28% Jan 24, 2025 - Feb 13, 2025	-5.51% May 15, 2024 - Jul 15, 2024
#13	-0.27% Jun 15, 2026 - Jul 1, 2026	-4.91% Sep 2, 2021 - Oct 20, 2021
#14	-0.26% Aug 28, 2025 - Sep 4, 2025	-4.84% Jun 8, 2021 - Jul 1, 2021
#15	-0.22% Jun 12, 2025 - Jun 23, 2025	-4.45% Jan 22, 2021 - Feb 4, 2021