ZJUL vs SSPY

Comparison between Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL, ETF) and STRATIFIED LARGECAP INDEX ETF (SSPY, ETF).

ZJUL vs SSPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZJUL(ETF)	SSPY(ETF)
Net Assets	$127M	$127M
Expense Ratio	0.79%	0.45%
Max Drawdown	5.51%	16.45%
Sharpe Ratio	0.84	1.30
5Y Beta	0.23	0.73
P/E Ratio	N/A	22.45
Forward P/E	N/A	16.62
5Y EPS CAGR	N/A	12.20%
Debt to Equity	N/A	14.40%
P/S Ratio	N/A	1.56
P/B Ratio	N/A	3.24

Net Assets

Winner

ZJUL

$127M

SSPY

$127M

Expense Ratio

ZJUL

0.79%

Winner

SSPY

0.45%

Max Drawdown

Winner

ZJUL

5.51%

SSPY

16.45%

Sharpe Ratio

ZJUL

0.84

Winner

SSPY

1.30

5Y Beta

Winner

ZJUL

0.23

SSPY

0.73

P/E Ratio

ZJUL

N/A

SSPY

22.45

Forward P/E

ZJUL

N/A

SSPY

16.62

5Y EPS CAGR

ZJUL

N/A

SSPY

12.20%

Debt to Equity

ZJUL

N/A

SSPY

14.40%

P/S Ratio

ZJUL

N/A

SSPY

1.56

P/B Ratio

ZJUL

N/A

SSPY

3.24

ZJUL vs SSPY - Historical Returns

Returns include dividend reinvestment.

Period	ZJUL	SSPY
1 month	+0.37%	+1.39%
3 months	+1.57%	+4.49%
6 months	+3.02%	+7.66%
1 year	+5.93%	+18.73%
Max(CAGR)	+7.22%	+13.17%

ZJUL

+0.37%

Winner

SSPY

+1.39%

ZJUL

+1.57%

Winner

SSPY

+4.49%

ZJUL

+3.02%

Winner

SSPY

+7.66%

ZJUL

+5.93%

Winner

SSPY

+18.73%

Max(CAGR)

ZJUL

+7.22%

Winner

SSPY

+13.17%

ZJUL vs SSPY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ZJUL	SSPY
2026	+3.18%	+11.12%
2025	+7.53%	+13.00%
2024	+4.02%	-0.90%

ZJUL vs SSPY Drawdown Comparison

The maximum drawdown for ZJUL was -5.51%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.

The maximum drawdown for SSPY was -16.16%, occurring on Apr 8, 2025. Recovery took 144 trading sessions.

The current ZJUL drawdown is -0.17%. The current SSPY drawdown is -1.18%.

Rank	ZJUL	SSPY
#1	-5.51% Feb 19, 2025 - May 13, 2025	-16.16% Nov 29, 2024 - Jul 1, 2025
#2	-1.65% Jul 16, 2024 - Aug 16, 2024	-7.32% Feb 27, 2026 - May 6, 2026
#3	-1.43% Feb 25, 2026 - Apr 8, 2026	-4.80% Oct 27, 2025 - Nov 28, 2025
#4	-1.06% Aug 30, 2024 - Sep 13, 2024	-3.06% Oct 3, 2025 - Oct 24, 2025
#5	-1.05% May 19, 2025 - Jun 2, 2025	-2.96% Oct 16, 2024 - Nov 6, 2024
#6	-0.76% Dec 16, 2024 - Jan 15, 2025	-2.84% Jul 23, 2025 - Aug 13, 2025
#7	-0.62% Nov 11, 2024 - Nov 25, 2024	-1.94% Nov 11, 2024 - Nov 22, 2024
#8	-0.62% Oct 27, 2025 - Nov 28, 2025	-1.84% Jul 10, 2025 - Jul 23, 2025
#9	-0.54% Oct 18, 2024 - Nov 6, 2024	-1.84% Jun 15, 2026 - Jun 26, 2026
#10	-0.49% Sep 30, 2024 - Oct 9, 2024	-1.64% Jun 4, 2026 - Jun 12, 2026
#11	-0.45% Sep 22, 2025 - Oct 2, 2025	-1.58% Jan 15, 2026 - Jan 22, 2026
#12	-0.42% Oct 2, 2025 - Oct 20, 2025	-1.44% Dec 11, 2025 - Jan 5, 2026
#13	-0.41% Jun 16, 2025 - Jun 23, 2025	-1.32% Jul 7, 2026 - Jul 20, 2026
#14	-0.38% Feb 2, 2026 - Feb 10, 2026	-1.30% May 6, 2026 - May 21, 2026
#15	-0.35% Jan 24, 2025 - Feb 12, 2025	-1.16% Sep 30, 2024 - Oct 11, 2024