Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) Alternatives
Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UDEC. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to UDEC
UDEC charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among UDEC alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | UDEC vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | UDEC vs SMAX | |
| PGIM Laddered S&P 500 Buffer 12 ETF | 0.50% | Jun 11, 2024 | UDEC vs BUFP | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | UDEC vs DMAX | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | UDEC vs PBFR |
Best Risk-Adjusted Alternatives to UDEC
Among ETFs in the Defined Outcome category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | 96 | Dec 1, 2024 | UDEC vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 96 | Feb 3, 2025 | UDEC vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 95 | Dec 31, 2024 | UDEC vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 95 | Mar 3, 2025 | UDEC vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | UDEC vs ZJAN |
Top Performing UDEC Alternatives (YTD)
UDEC alternatives from the Defined Outcome category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Innovator International Developed Power Buffer ETF... | 3.70% | Mar 31, 2021 | UDEC vs IAPR | |
| Innovator Russell 2000 Power Buffer ETF - April | 3.36% | Mar 31, 2020 | UDEC vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 2.86% | Mar 29, 2019 | UDEC vs BAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.73% | Mar 19, 2021 | UDEC vs FMAR | |
| Innovator Emerging Markets Power Buffer ETF - Apri... | 2.56% | Mar 31, 2021 | UDEC vs EAPR |
Lowest Volatility Alternatives to UDEC
UDEC alternatives from the Defined Outcome category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr May | 1.50% | May 1, 2025 | UDEC vs ZMAY | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.91% | May 30, 2025 | UDEC vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.98% | Jun 30, 2025 | UDEC vs AIOO | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.61% | Apr 1, 2025 | UDEC vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | UDEC vs MMAX |
Lowest Drawdown Alternatives to UDEC
UDEC alternatives from the Defined Outcome category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | -1.56% | Feb 3, 2025 | UDEC vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | -1.57% | Dec 1, 2024 | UDEC vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -1.72% | Apr 1, 2025 | UDEC vs ZAPR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | UDEC vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | UDEC vs ZOCT |
Other ETFs from Innovator
Most popular Innovator ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 84 | 0.00% | Jun 30, 2021 | UDEC vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -2.33% | Apr 9, 2015 | UDEC vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 74 | -0.54% | Oct 20, 2016 | UDEC vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 78 | -8.46% | Jul 24, 2018 | UDEC vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 71 | -3.03% | Nov 8, 2022 | UDEC vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 67 | -1.66% | Jan 2, 2019 | UDEC vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 81 | -0.60% | Aug 7, 2018 | UDEC vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 64 | -1.42% | Sep 28, 2018 | UDEC vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 81 | -1.08% | Jul 31, 2019 | UDEC vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 9.59% | Sep 13, 2018 | UDEC vs BOUT |
Often Compared With UDEC
What investors most often compare with UDEC, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator U.S. Equity Buffer ETF - December | Defined Outcome | 66 | -2.53% | Nov 29, 2019 | UDEC vs BDEC | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 78 | -0.60% | Jan 20, 2021 | UDEC vs BUFD | |
| FlexShares iBoxx 5-Year Target Duration TIPS Index... | Inflation-Protected Bonds | 52 | 0.50% | Sep 19, 2011 | UDEC vs TDTF | |
| iShares MSCI Global Min Vol Factor ETF | Large Cap Blend Equities | 26 | 0.65% | Oct 18, 2011 | UDEC vs ACWV | |
| Innovator U.S. Small Cap Power Buffer ETF - Septem... | Defined Outcome | 64 | 1.59% | Aug 30, 2024 | UDEC vs KSEP | |
| Pacer Swan SOS Conservative (April) ETF | Defined Outcome | 83 | 1.80% | Mar 31, 2021 | UDEC vs PSCW |
Compare UDEC with Any Fund or Stock
Compare UDEC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.