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
| Issuer | Innovator |
|---|---|
| Inception Date | Dec 2, 2019 |
| Region | North America (U.S.) |
| Category | Volatility Hedged Equity |
| Index Tracked | Cboe S&P 500 15% Buffer Protect December Series Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PDEC has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: PDEC vs. BALT
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 3.22% year-to-date (YTD) and 14.11% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.22% | 5.57% |
| 1 month | -1.01% | -4.16% |
| 6 months | 14.69% | 20.07% |
| 1 year | 14.11% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.03% | 2.03% | 1.16% | |||||||||
| 2023 | -2.38% | 8.42% | 2.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PDEC is 81, placing it in the top 19% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Innovator U.S. Equity Power Buffer ETF - December(PDEC)
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.
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.
The current Innovator U.S. Equity Power Buffer ETF - December drawdown is 1.01%.
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 |
| -1.93% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
Volatility
Volatility Chart
The current Innovator U.S. Equity Power Buffer ETF - December volatility is 1.69%, 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.