IJUL vs VOO

IJUL vs VOO

Which is better, IJUL or VOO?

Option Writing against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VOOHigher Returns: VOO

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricIJULVOO
Expense Ratio0.85%0.03%Best
AUM$256M$997.4B
Dividend Yield0.00%1.04%
Holdings12509
YTD Return+7.97%+11.01%Best
1Y Return+11.17%+15.60%Best
3Y Return (annualized)+11.88%+20.82%Best
5Y Return (annualized)+8.04%+12.60%Best
Volatility (annualized)9.2%Best16.5%
Max Drawdown-21.1%Best-34.3%
$10,000 over 5 years$14,721$18,101Best
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
StyleOption WritingLarge Cap Blend
InceptionJun 28, 2019Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jul 1, 2019 to Sep 16, 2026 (7.2 years).

IJUL vs VOO growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.2 years both funds cover.

IJUL vs VOO Performance

Innovator International Developed Power Buffer ETF - July (IJUL) is an ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IJUL returned +11.17% while VOO returned +15.60%. Year to date, IJUL is up 7.97% versus a gain of 11.01% for VOO.

Over three years, IJUL compounded at +11.88% per year against +20.82% for VOO; over five years the annualized figures are +8.04% and +12.60% respectively. Across the full 7-year window we track, VOO has the edge at +15.12% annualized vs +6.55%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 9.2% for IJUL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -21.1% for IJUL and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IJUL charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, IJUL currently yields 0.00% against 1.04% for VOO.

You are not choosing between two funds in isolation.

Whichever of IJUL and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IJULVOO

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Frequently Asked Questions

Which is cheaper, IJUL or VOO?

IJUL has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option, by $82 a year on a $10,000 investment.

Which performed better, IJUL or VOO?

Over the past year IJUL returned +11.17% vs +15.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), IJUL annualized +6.55% vs +15.12% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IJUL or VOO?

VOO has been the more volatile fund at 16.5% annualized versus 9.2% for IJUL. Worst drawdown: IJUL -21.1% vs VOO -34.3%.

Should I hold both IJUL and VOO?

IJUL and VOO have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, IJUL or VOO?

IJUL yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.

Is VOO better than IJUL?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.