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Innovator U.S. Equity Buffer ETF - December (BDEC)

ETF · Currency in USD · Last updated Dec 8, 2022

BDEC is a passive ETF by Innovator tracking the investment results of the Cboe S&P 500 Buffer Protect Index December. BDEC launched on Dec 1, 2019 and has a 0.79% expense ratio.

ETF Info

Inception DateDec 1, 2019
RegionNorth America (U.S.)
CategoryVolatility Hedged Equity
Expense Ratio0.79%
Index TrackedCboe S&P 500 Buffer Protect Index December
Asset ClassEquity

Asset Class Size


Asset Class Style


Trading Data

Previous Close$32.49
Year Range$29.53 - $35.34
EMA (50)$31.92
EMA (200)$32.25
Average Volume$56.53K

BDECShare Price Chart

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The chart shows the growth of $10,000 invested in Innovator U.S. Equity Buffer ETF - December in Dec 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,363 for a total return of roughly 23.63%. All prices are adjusted for splits and dividends.

BDEC (Innovator U.S. Equity Buffer ETF - December)
Benchmark (^GSPC)

BDECCompare to other instruments

Search for stocks, ETFs, and funds to compare with BDEC

BDECReturns in periods

Returns over 1 year are annualized


BDECMonthly Returns Heatmap


BDECSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Innovator U.S. Equity Buffer ETF - December Sharpe ratio is -0.36. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

BDEC (Innovator U.S. Equity Buffer ETF - December)
Benchmark (^GSPC)

BDECDividend History

Innovator U.S. Equity Buffer ETF - December doesn't pay dividends

BDECDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

BDEC (Innovator U.S. Equity Buffer ETF - December)
Benchmark (^GSPC)

BDECWorst Drawdowns

The table below shows the maximum drawdowns of the Innovator U.S. Equity Buffer ETF - December. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Innovator U.S. Equity Buffer ETF - December is 25.60%, recorded on Mar 23, 2020. It took 95 trading sessions for the portfolio to recover.



To Bottom


To Recover



-25.6%Feb 20, 202023Mar 23, 202095Aug 6, 2020118
-16.44%Jan 5, 2022194Oct 12, 2022
-4.64%Oct 13, 202012Oct 28, 20207Nov 6, 202019
-4.28%Sep 3, 202014Sep 23, 202012Oct 9, 202026
-2.61%Jan 21, 20217Jan 29, 20216Feb 8, 202113
-2.43%Feb 25, 20216Mar 4, 20215Mar 11, 202111
-2.24%May 10, 20213May 12, 202111May 27, 202114
-2%Jan 21, 20209Jan 31, 20204Feb 6, 202013
-2%Dec 13, 20216Dec 20, 20213Dec 23, 20219
-1.29%Jul 8, 20218Jul 19, 20214Jul 23, 202112

BDECVolatility Chart

Current Innovator U.S. Equity Buffer ETF - December volatility is 19.71%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

BDEC (Innovator U.S. Equity Buffer ETF - December)
Benchmark (^GSPC)