OARK vs UJUL
YieldMax Innovation Option Income Strategy ETF vs Innovator US Equity Ultra Buffer ETF - July
Which is better, OARK or UJUL?
Each has led over a different period.
UJUL has a lower expense ratio. OARK led over 3Y, UJUL over 1Y and the full window.
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
| Metric | OARK | UJUL |
|---|---|---|
| Expense Ratio | 1.00% | 0.79%Best |
| AUM | $31M | $303M |
| Dividend Yield | 56.20% | 0.00% |
| Holdings | 28 | 24 |
| YTD Return | +6.44% | +7.39%Best |
| 1Y Return | -0.78% | +9.54%Best |
| 3Y Return (annualized) | +18.07%Best | +13.32% |
| 5Y Return (annualized) | - | +8.92% |
| Volatility (annualized) | 29.3% | 7.0%Best |
| Max Drawdown | -35.5% | -11.4%Best |
| $10,000 over 3.9 years | $15,380 | $15,913Best |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Nov 22, 2022 | Aug 7, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 23, 2022 to Oct 14, 2026 (3.9 years).
OARK vs UJUL 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 3.9 years both funds cover.
OARK vs UJUL Performance
YieldMax Innovation Option Income Strategy ETF (OARK) is an ETF from YieldMax ETF and Innovator US Equity Ultra Buffer ETF - July (UJUL) is an ETF from Innovator ETFs Trust. Over the past year OARK returned -0.78% while UJUL returned +9.54%. Year to date, OARK is up 6.44% versus a gain of 7.39% for UJUL.
Over three years, OARK compounded at +18.07% per year against +13.32% for UJUL. Across the full 4-year window we track, UJUL has the edge at +12.65% annualized vs +11.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OARK has been the more volatile fund, with annualized monthly volatility of 29.3% compared with 7.0% for UJUL. 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 -35.5% for OARK and -11.4% for UJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OARK charges 1.00% per year while UJUL charges 0.79%. On a $10,000 position that is $100 vs $79 annually, a gap of $21 per year that compounds over a long holding period. On income, OARK currently yields 56.20% against 0.00% for UJUL.
Holdings Overlap
We hold position weights for 2 holdings in OARK and 1 in UJUL, totalling 22.2% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in OARK and 1 in UJUL, against full books of 28 and 24.
You are not choosing between two funds in isolation.
Whichever of OARK and UJUL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OARK or UJUL?
OARK has an expense ratio of 1.00% while UJUL charges 0.79%. UJUL is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, OARK or UJUL?
Over the past year OARK returned -0.78% vs +9.54% for UJUL, so UJUL leads on 1-year performance. Over the longest common window we track (4 years), OARK annualized +11.67% vs +12.65% for UJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OARK or UJUL?
OARK has been the more volatile fund at 29.3% annualized versus 7.0% for UJUL. Worst drawdown: OARK -35.5% vs UJUL -11.4%.
Should I hold both OARK and UJUL?
OARK and UJUL have a monthly-return correlation of 0.72, 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, OARK or UJUL?
OARK yields 56.20% while UJUL yields 0.00%, so OARK currently pays the higher dividend yield.
Is UJUL better than OARK?
UJUL has a lower expense ratio. OARK led over 3Y, UJUL over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.