Correlation
The correlation between BDEC and UDEC is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
BDEC vs. UDEC
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - December (BDEC) and Innovator U.S. Equity Ultra Buffer ETF - December (UDEC).
BDEC and UDEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BDEC is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index December. It was launched on Dec 1, 2019. UDEC is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect December Series Index. It was launched on Dec 2, 2019. Both BDEC and UDEC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDEC or UDEC.
Performance
BDEC vs. UDEC - Performance Comparison
Loading data...
Key characteristics
BDEC:
0.46
UDEC:
0.57
BDEC:
0.69
UDEC:
0.78
BDEC:
1.12
UDEC:
1.13
BDEC:
0.39
UDEC:
0.49
BDEC:
1.61
UDEC:
1.79
BDEC:
3.37%
UDEC:
2.43%
BDEC:
13.01%
UDEC:
8.29%
BDEC:
-25.60%
UDEC:
-13.37%
BDEC:
-2.29%
UDEC:
-1.71%
Returns By Period
In the year-to-date period, BDEC achieves a 0.90% return, which is significantly higher than UDEC's 0.80% return.
BDEC
0.90%
4.59%
-0.62%
5.98%
10.56%
10.73%
N/A
UDEC
0.80%
3.15%
-0.34%
4.73%
7.25%
6.04%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BDEC vs. UDEC - Expense Ratio Comparison
Both BDEC and UDEC have an expense ratio of 0.79%.
Risk-Adjusted Performance
BDEC vs. UDEC — Risk-Adjusted Performance Rank
BDEC
UDEC
BDEC vs. UDEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - December (BDEC) and Innovator U.S. Equity Ultra Buffer ETF - December (UDEC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
BDEC vs. UDEC - Dividend Comparison
Neither BDEC nor UDEC has paid dividends to shareholders.
Drawdowns
BDEC vs. UDEC - Drawdown Comparison
The maximum BDEC drawdown since its inception was -25.60%, which is greater than UDEC's maximum drawdown of -13.37%. Use the drawdown chart below to compare losses from any high point for BDEC and UDEC.
Loading data...
Volatility
BDEC vs. UDEC - Volatility Comparison
Innovator U.S. Equity Buffer ETF - December (BDEC) has a higher volatility of 3.21% compared to Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) at 2.65%. This indicates that BDEC's price experiences larger fluctuations and is considered to be riskier than UDEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...