JPO vs UFEB

JPO vs UFEB

Which is better, JPO or UFEB?

Each has led over a different period.

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

Lower Fees: UFEBHigher Returns: split

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

MetricJPOUFEB
Expense Ratio1.04%0.79%Best
AUM$29M$162M
Dividend Yield30.02%0.00%
Holdings2912
YTD Return+5.43%+8.00%Best
1Y Return+7.25%+9.79%Best
3Y Return (annualized)+16.91%Best+12.18%
5Y Return (annualized)-+7.36%
Volatility (annualized)15.6%5.9%Best
Max Drawdown-24.8%-8.7%Best
$10,000 over 3.2 years$15,688Best$14,200
Fund FamilyYieldMax ETFInnovator ETFs Trust
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionSep 11, 2023Jan 31, 2020

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Sep 12, 2023 to Nov 11, 2026 (3.2 years).

JPO vs UFEB 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 3.2 years both funds cover.

Compare JPO against instead:JPO vs SPYJPO vs QQQJPO vs VOOJPO vs VTIUFEB against:UFEB vs VXUS

JPO vs UFEB Performance

YieldMax JP Option Income Strategy ETF (JPO) is an ETF from YieldMax ETF and Innovator US Equity Ultra Buffer ETF - February (UFEB) is an ETF from Innovator ETFs Trust. Over the past year JPO returned +7.25% while UFEB returned +9.79%. Year to date, JPO is up 5.43% versus a gain of 8.00% for UFEB.

Over three years, JPO compounded at +16.91% per year against +12.18% for UFEB.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JPO has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 5.9% for UFEB. 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 -24.8% for JPO and -8.7% for UFEB. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.

Fees and Cost Over Time

JPO charges 1.04% per year while UFEB charges 0.79%. On a $10,000 position that is $104 vs $79 annually, a gap of $25 per year that compounds over a long holding period. On income, JPO currently yields 30.02% against 0.00% for UFEB.

You are not choosing between two funds in isolation.

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

JPOUFEB

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Frequently Asked Questions

Which is cheaper, JPO or UFEB?

JPO has an expense ratio of 1.04% while UFEB charges 0.79%. UFEB is the cheaper option, by $25 a year on a $10,000 investment.

Which performed better, JPO or UFEB?

Over the past year JPO returned +7.25% vs +9.79% for UFEB, so UFEB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JPO or UFEB?

JPO has been the more volatile fund at 15.6% annualized versus 5.9% for UFEB. Worst drawdown: JPO -24.8% vs UFEB -8.7%.

Should I hold both JPO and UFEB?

JPO and UFEB have a monthly-return correlation of 0.57, 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, JPO or UFEB?

JPO yields 30.02% while UFEB yields 0.00%, so JPO currently pays the higher dividend yield.

Is UFEB better than JPO?

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