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UJUL vs USEP

Innovator U.S. Equity Ultra Buffer ETF - July

UJULCCboe

Innovator U.S. Equity Ultra Buffer ETF

USEPBCboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

UJUL0.79%USEP0.79%

Avg volume · 30D

USEP 1.1×the volume

UJUL43.4KUSEP46.7K

5Y return · a year

UJUL +0.5pt

UJUL+8.5%USEP+8.0%

UJUL vs USEP Performance

Oct 29, 2021 – Oct 30, 2026

+50.2%UJUL+47.3%USEP

Oct 29, 2021 to Oct 30, 2026. UJUL +50.2%. USEP +47.3%. Use the arrow keys to read each point.−10%0%10%20%30%Oct 2021Apr 2024Oct 2026
Expense ratio
UJUL 0.79%
USEP 0.79%
Fund size
UJUL $303M
USEP $243M
1Y total return
UJUL +7.4%
USEP +7.5%, better
Yield (12M)
UJUL 0.00%
USEP 0.00%
Holdings
UJUL 4
USEP 4
Avg volume (30D)
UJUL 43.4K sh
USEP 46.7K sh, better
NAV per share
UJUL $41.25
USEP $41.90
52W range

ETF.net Grade

UJUL: Cost 50, Risk 35, Mission not scored, Tradability 58, Holdings 60, Durability 80. USEP: Cost 50, Risk 43, Mission not scored, Tradability 72, Holdings 59, Durability 66.
Pillar letters and Scores for UJUL, USEP, with each pillar’s weight
PillarUJULUSEP
Cost30% weightC50C50
Mission25% weightNot scoredNot scored
Risk15% weightD35C43Higher
Tradability15% weightB58A72Higher
Holdings10% weightB60HigherB59
Durability5% weightA80HigherB66

Rank among S&P 500 Ultra Buffer 30% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. UJUL and USEP 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 ›

USEP ranks 2nd and UJUL 6th of 13 funds in the S&P 500 Ultra Buffer 30% Category.

  1. Rank 1BUJANInnovator U.S. Equity Ultra Buffer ETFScore 57
  2. Rank 2BUJUNInnovator U.S. Equity Ultra Buffer ETF - JuneScore 55
  3. Rank 2CUOCTInnovator U.S. Equity Ultra Buffer ETF OctoberScore 55
  4. Rank 2BUSEPInnovator U.S. Equity Ultra Buffer ETFScore 55
  5. Rank 5CUDECInnovator U.S. Equity Ultra Buffer ETF - DecemberScore 52
  6. Rank 6CUAUGInnovator U.S. Equity Ultra Buffer ETF - AugustScore 51
  7. Rank 6CUJULInnovator U.S. Equity Ultra Buffer ETF - JulyScore 51
  8. Rank 6CUMAYInnovator U.S. Equity Ultra Buffer ETFScore 51

UJUL vs USEP 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.

UJUL vs USEP Cost

Same expense ratio

$15,174

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

  • UJUL 0.79%

    $15,174

  • USEP 0.79%

    $15,174

$10,000
30 years

Cost over time

  • UJUL 0.79%
  • USEP 0.79%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UJUL $15,174USEP $15,174

Year by year

YearUJULUSEP
10$1,405$1,405
20$5,331$5,331
30$15,174$15,174

Expense ratio

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

UJUL 2nd cheapest of 13 funds

USEP 2nd cheapest of 13 funds

UJUL vs USEP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
UJUL 0.00%
USEP 0.00%
Payout (12M)
UJUL None
USEP None

Distribution history

Per share, 2019, same scale for both

UJUL1 paymentAll UJUL payments⁠
One bar per payment. 1 payment in 2019. Nov 19, 2019 $1.62. Use the arrow keys to read each point.$0$12019
USEP1 paymentAll USEP payments⁠
One bar per payment. 1 payment in 2019. Nov 19, 2019 $0.16. Use the arrow keys to read each point.$0$12019

UJUL vs USEP Risk

Fall from peak · 5 years

  • UJUL
  • USEP
Oct 29, 2021 to Oct 30, 2026. Worst fall: USEP −11.8% · Oct 2022. Use the arrow keys to read each point.−12.5%−10%−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
UJUL 6.7%USEP 6.0%, better
Return per unit of riskSharpe ratio, 3 years
UJUL 1.32USEP 1.36, better
Worst fallMax drawdown, 5 years
UJUL −11.4%, betterUSEP −11.8%
Market sensitivityBeta, 5 years
UJUL 0.52USEP 0.48

Popular comparisons

  • UJULCvsUJANB

    Innovator U.S. Equity Ultra Buffer ETF - July · Innovator U.S. Equity Ultra Buffer ETF

    Expense ratio
    0.79% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • USEPBvsUJANB

    Innovator U.S. Equity Ultra Buffer ETF · Innovator U.S. Equity Ultra Buffer ETF

    Expense ratio
    0.79% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UJULCvsUJUNB

    Innovator U.S. Equity Ultra Buffer ETF - July · Innovator U.S. Equity Ultra Buffer ETF - June

    Expense ratio
    0.79% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • USEPBvsUJUNB

    Innovator U.S. Equity Ultra Buffer ETF · Innovator U.S. Equity Ultra Buffer ETF - June

    Expense ratio
    0.79% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UJULCvsUOCTC

    Innovator U.S. Equity Ultra Buffer ETF - July · Innovator U.S. Equity Ultra Buffer ETF October

    Expense ratio
    0.79% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • USEPBvsUOCTC

    Innovator U.S. Equity Ultra Buffer ETF · Innovator U.S. Equity Ultra Buffer ETF October

    Expense ratio
    0.79% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.