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Innovator U.S. Equity Ultra Buffer ETF - December ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Innovator

Inception Date

Dec 2, 2019

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Cboe S&P 500 30% (-5% to -35%) Buffer Protect December Series Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

UDEC has an expense ratio of 0.79%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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UDEC vs. BDEC
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Performance

Performance Chart


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Returns By Period

Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) returned -0.00% year-to-date (YTD) and 4.41% over the past 12 months.


UDEC

YTD

-0.00%

1M

4.03%

6M

-0.79%

1Y

4.41%

5Y*

6.56%

10Y*

N/A

^GSPC (Benchmark)

YTD

-0.64%

1M

8.97%

6M

-2.62%

1Y

11.90%

5Y*

15.76%

10Y*

10.69%

*Annualized

Monthly Returns

The table below presents the monthly returns of UDEC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.65%-0.87%-3.00%-0.03%2.33%-0.00%
20240.99%2.07%1.19%-1.06%2.43%1.24%0.51%0.96%0.58%0.62%0.78%-1.13%9.52%
20233.19%-1.40%2.14%1.06%0.30%4.47%1.85%-0.44%-4.04%-2.25%8.73%2.61%16.80%
2022-1.84%-1.01%1.44%-3.98%0.02%-3.01%2.36%-1.29%-0.74%0.56%-0.02%-2.18%-9.44%
2021-0.55%0.81%1.59%0.82%0.27%0.65%0.08%0.49%-0.17%0.61%0.23%1.43%6.44%
2020-0.01%-3.27%-4.57%5.34%1.78%0.54%1.63%2.07%-0.69%-1.14%4.42%0.87%6.72%
20191.16%1.16%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of UDEC is 55, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of UDEC is 5555
Overall Rank
The Sharpe Ratio Rank of UDEC is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of UDEC is 5050
Sortino Ratio Rank
The Omega Ratio Rank of UDEC is 6060
Omega Ratio Rank
The Calmar Ratio Rank of UDEC is 5656
Calmar Ratio Rank
The Martin Ratio Rank of UDEC is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Innovator U.S. Equity Ultra Buffer ETF - December Sharpe ratios as of May 13, 2025 (values are recalculated daily):

  • 1-Year: 0.55
  • 5-Year: 0.93
  • All Time: 0.66

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Innovator U.S. Equity Ultra Buffer ETF - December compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


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

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Innovator U.S. Equity Ultra 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 Ultra Buffer ETF - December was 13.37%, occurring on Mar 20, 2020. Recovery took 94 trading sessions.

The current Innovator U.S. Equity Ultra Buffer ETF - December drawdown is 2.49%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.37%Feb 20, 202022Mar 20, 202094Aug 4, 2020116
-10.26%Jan 5, 2022247Dec 28, 2022134Jul 13, 2023381
-8.94%Feb 20, 202534Apr 8, 2025
-8.15%Jul 31, 202364Oct 27, 202313Nov 15, 202377
-2.81%Jul 17, 202414Aug 5, 20248Aug 15, 202422

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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