CTMA vs JULJ: Grades, Fees and Holdings Compared

Corgi U.S. Equities 30% Structured Buffer ETF - May Series

CTMADCboe

Innovator Premium Income 30 Barrier ETF

JULJCCboe

Overlap

0.0%by weight

Expense ratio

CTMA −0.49pt a year

CTMA0.30%JULJ0.79%

Avg volume · 30D

JULJ 1.4×the volume

CTMA1.86KJULJ2.6K

CTMA vs JULJ Performance

Jul 31, 2026 – Oct 30, 2026

+0.8%CTMA+1.4%JULJ

Expense ratio: CTMA 0.30%, better; JULJ 0.79%
Fund size: CTMA $2M; JULJ $14M
1Y total return: CTMA No data; JULJ +4.9%
Yield (12M): CTMA No data; JULJ 5.67%
Holdings: CTMA 4; JULJ 5
Avg volume (30D): CTMA 1.86K sh; JULJ 2.6K sh, better
NAV per share: CTMA $25.79; JULJ $24.88
52W range

ETF.net Grade

Pillar letters and Scores for CTMA, JULJ, with each pillar’s weight
Pillar	CTMA	JULJ
Cost30% weight	C51Higher	C50
Mission25% weight	Not scored	Not scored
Risk15% weight	C41	B68Higher
Tradability15% weight	F2	C45Higher
Holdings10% weight	Not scored	Not scored
Durability5% weight	F2	F21Higher

Rank among S&P 500 Ultra Buffer 30% funds

How we build Categories ›

Same Category. CTMA and JULJ are both graded against the same 13 S&P 500 Ultra Buffer 30% funds, so their Grades compare head to head.

S&P 500 Ultra Buffer 30%⁠

Category · 13 funds

See all 13 ›

JULJ ranks 9th and CTMA 13th of 13 funds in the S&P 500 Ultra Buffer 30% Category.

Rank 6CUMAYInnovator U.S. Equity Ultra Buffer ETFScore 51
Rank 9CJULJInnovator Premium Income 30 Barrier ETFScore 50
Rank 9CUMARInnovator U.S. Equity Ultra Buffer ETFScore 50
Rank 12CUNOVInnovator U.S. Equity Ultra Buffer ETFScore 46
Rank 13DCTMACorgi U.S. Equities 30% Structured Buffer ETF - May SeriesScore 33

Our read on each fund

ETF.net Research

CTMADCorgi U.S. Equities 30% Structured Buffer ETF - May Series

JULJCInnovator Premium Income 30 Barrier ETF

In short

CTMA No data

JULJ Most defined-outcome funds trade your upside for a cushion and pay you nothing along the way. JULJ flips the deal: a distribution rate set for each outcome period and paid quarterly, with the first 30% of S&P 500 price losses absorbed.

Stated mandate

CTMA No data

JULJ The Fund seeks to provide a defined distribution over each Outcome Period while protecting shareholders from the first 30% of losses in the referenced U.S. equity index over that period.

Why people hold it

CTMA No data

JULJ The payoff is written down in advance: a defined distribution rate declared for each outcome period, paid out quarterly.
Deep coverage by design: the structure targets the first 30% of S&P 500 Price Return Index losses over the outcome period.
0.79% a year, under the typical fee in its deep-protection cohort and level with Innovator's own UFEB, though Pacer's Swan SOS conservative funds (PSCX, PSCW) come cheaper.

Worth knowing

CTMA No data

JULJ Index appreciation isn't the goal. The stated objective is the defined distribution plus downside protection, so gains beyond that payout aren't what you're buying.
It's a barrier structure, and terms run from the start of an outcome period to its end. Innovator's fund page spells out how the 30% applies and what a mid-period buyer gets.
Small fund, thinly traded. Limit orders and a glance at the spread do real work here.

Full CTMA profile⁠

Full JULJ profile⁠

CTMA vs JULJ Holdings

How CTMA and JULJ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CTMA and 0.0% of JULJ.

Level by level

Holdings0 in both0.0%
Sector11 Sectors98.4%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in CTMA and JULJ, widest gap first
Sector	More in CTMAMore in JULJ	CTMA	JULJ
Technology	CTMA +0.6 points	39.3%	38.7%
Communication	JULJ +0.6 points	8.9%	9.5%
Health Care	CTMA +0.5 points	9.8%	9.3%
Financials	JULJ +0.4 points	11.7%	12.1%
Industrials	JULJ +0.3 points	7.5%	7.8%
Energy	CTMA +0.2 points	3.7%	3.5%
Consumer Staples	CTMA +0.2 points	4.7%	4.5%
Consumer Discretionary	JULJ +0.2 points	9.1%	9.3%
Materials	JULJ +0.2 points	1.5%	1.7%
Real Estate	JULJ +0.1 points	1.7%	1.8%
Utilities	Same weight	2.0%	2.0%

Country, concentration and asset class

Country by domicile

Country weights in CTMA and JULJ, widest gap first
Country	More in CTMAMore in JULJ	CTMA	JULJ
United States	Same weight	99.5%	99.5%
Switzerland	Same weight	0.3%	0.3%
China	Same weight	0.1%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

CTMA102.4%
JULJ120.2%

Securities held

CTMA3
JULJ5

Asset class

CTMA: Equity
JULJ: Equity

Holdings

Only in CTMA3
In both0
Only in JULJ5

Only in CTMA

3 securities, 96.0% of CTMA by weight

Spy 04/30/2027 144.74 C80.34%
United States Treasury Note/Bond 3.75% 04/30/202713.74%
Spy 04/30/2027 687.52 P1.89%

Only in JULJ

5 securities, 100% of JULJ by weight

United States Treasury Bill 06/10/202799.01%
Spx 06/30/2027 5174.17 P18.44%
United States Treasury Bill 12/31/20261.35%
United States Treasury Bill 03/18/20271.34%
Us Bank Mmda - Usbgfs 9 09/01/20370.03%

Weight gaps

CTMA and JULJ share no securities.

All CTMA holdings⁠All 6 JULJ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CTMA vs JULJ Cost

Overpaying JULJ vs CTMA

$9,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

CTMA 0.30%
$6,149
JULJ 0.79%
$15,174

Amount$10,000

Years30 years

Cost over time

CTMA 0.30%
JULJ 0.79%
Overpaying

Year by year

Year	CTMA	JULJ	Overpaying
10	$545	$1,405	$860
20	$2,113	$5,331	$3,218
30	$6,149	$15,174	$9,025

Expense ratio

0.30%CTMA, cheaper
0.79%JULJ

CTMA0.30%JULJ0.79%

0.30%0.79%

Middle half of S&P 500 Ultra Buffer 30% funds
Median 0.79%

CTMA cheapest of 13 funds

JULJ 2nd cheapest of 13 funds

CTMA vs JULJ Dividends

Last 12 months to Oct 30, 2026

Yield (12M): CTMA No data; JULJ 5.67%
Payout (12M): CTMA None; JULJ $1.41
Last payment: CTMA No data; JULJ $0.34
Ex-dividend: CTMA No data; JULJ Sep 30, 2026
Paid on: CTMA No data; JULJ Oct 2, 2026
Frequency: CTMA No data; JULJ Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

CTMAAll CTMA payments⁠

No distribution history available.

JULJQuarterly · 13 paymentsAll JULJ payments⁠

CTMA vs JULJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CTMA No dataJULJ 1.1%
Return per unit of riskSharpe ratio, 3 years: CTMA No dataJULJ 1.36
Worst fallMax drawdown, 5 years: CTMA No dataJULJ −3.6%since Jul 2023
Market sensitivityBeta, 5 years: CTMA 0.41JULJ 0.05; Market = 1

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