Innovator U.S. Equity Power Buffer ETF - December (PDEC)
PDEC is a passive ETF by Innovator tracking the investment results of the Cboe S&P 500 15% Buffer Protect December Series Index. PDEC launched on Dec 2, 2019 and has a 0.79% expense ratio.
ETF Info
Dec 2, 2019
North America (U.S.)
1x
Cboe S&P 500 15% Buffer Protect December Series Index
Large-Cap
Blend
Expense Ratio
PDEC features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Innovator U.S. Equity Power Buffer ETF - December, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Innovator U.S. Equity Power Buffer ETF - December had a return of 2.68% year-to-date (YTD) and 10.07% in the last 12 months.
PDEC
2.68%
1.56%
3.98%
10.07%
7.78%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PDEC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.64% | 2.68% | |||||||||||
| 2024 | 1.03% | 2.03% | 1.16% | -1.01% | 2.36% | 1.15% | 0.59% | 0.93% | 0.60% | 0.65% | 0.70% | -1.06% | 9.46% |
| 2023 | 3.95% | -1.35% | 2.61% | 0.76% | 0.25% | 4.75% | 2.25% | -0.97% | -3.98% | -2.38% | 8.42% | 2.48% | 17.43% |
| 2022 | -2.20% | -1.64% | 2.16% | -5.01% | 0.64% | -3.66% | 4.46% | -1.22% | -4.03% | 5.23% | 2.77% | -2.95% | -5.95% |
| 2021 | -1.06% | 1.53% | 2.16% | 1.48% | 0.50% | 0.51% | 0.28% | 0.69% | -0.17% | 0.82% | 0.16% | 2.35% | 9.59% |
| 2020 | 0.20% | -4.75% | -6.77% | 7.26% | 3.00% | 0.83% | 2.45% | 2.20% | -0.34% | -1.15% | 4.49% | 1.51% | 8.45% |
| 2019 | 1.58% | 1.58% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, PDEC is among the top 11% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - December (PDEC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator U.S. Equity Power Buffer ETF - December. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator U.S. Equity Power Buffer ETF - December was 19.31%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.31% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -11.53% | Jan 4, 2022 | 114 | Jun 16, 2022 | 231 | May 18, 2023 | 345 |
| -7.9% | Aug 1, 2023 | 63 | Oct 27, 2023 | 16 | Nov 20, 2023 | 79 |
| -2.71% | Oct 13, 2020 | 12 | Oct 28, 2020 | 6 | Nov 5, 2020 | 18 |
| -2.43% | Jul 16, 2024 | 15 | Aug 5, 2024 | 8 | Aug 15, 2024 | 23 |
Volatility
Volatility Chart
The current Innovator U.S. Equity Power Buffer ETF - December volatility is 1.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.