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BMAR vs. PVAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BMAR vs. PVAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Buffer ETF - March (BMAR) and Putnam Focused Large Cap Value ETF (PVAL). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.80%
7.54%
BMAR
PVAL

Returns By Period

In the year-to-date period, BMAR achieves a 15.86% return, which is significantly lower than PVAL's 24.60% return.


BMAR

YTD

15.86%

1M

0.80%

6M

8.80%

1Y

20.76%

5Y (annualized)

N/A

10Y (annualized)

N/A

PVAL

YTD

24.60%

1M

1.17%

6M

7.55%

1Y

32.58%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


BMARPVAL
Sharpe Ratio2.772.95
Sortino Ratio3.794.03
Omega Ratio1.561.52
Calmar Ratio3.824.74
Martin Ratio18.1520.21
Ulcer Index1.15%1.64%
Daily Std Dev7.58%11.23%
Max Drawdown-21.43%-16.64%
Current Drawdown-0.59%-1.39%

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BMAR vs. PVAL - Expense Ratio Comparison

BMAR has a 0.79% expense ratio, which is higher than PVAL's 0.55% expense ratio.


BMAR
Innovator U.S. Equity Buffer ETF - March
Expense ratio chart for BMAR: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for PVAL: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Correlation

-0.50.00.51.00.8

The correlation between BMAR and PVAL is 0.83, 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.

Risk-Adjusted Performance

BMAR vs. PVAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - March (BMAR) and Putnam Focused Large Cap Value ETF (PVAL). 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.


Sharpe ratio
The chart of Sharpe ratio for BMAR, currently valued at 2.77, compared to the broader market0.002.004.002.772.95
The chart of Sortino ratio for BMAR, currently valued at 3.79, compared to the broader market-2.000.002.004.006.008.0010.003.794.03
The chart of Omega ratio for BMAR, currently valued at 1.56, compared to the broader market0.501.001.502.002.503.001.561.52
The chart of Calmar ratio for BMAR, currently valued at 3.82, compared to the broader market0.005.0010.0015.003.824.74
The chart of Martin ratio for BMAR, currently valued at 18.15, compared to the broader market0.0020.0040.0060.0080.00100.0018.1520.21
BMAR
PVAL

The current BMAR Sharpe Ratio is 2.77, which is comparable to the PVAL Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of BMAR and PVAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.77
2.95
BMAR
PVAL

Dividends

BMAR vs. PVAL - Dividend Comparison

BMAR has not paid dividends to shareholders, while PVAL's dividend yield for the trailing twelve months is around 1.43%.


TTM202320222021
BMAR
Innovator U.S. Equity Buffer ETF - March
0.00%0.00%0.00%0.00%
PVAL
Putnam Focused Large Cap Value ETF
1.43%1.33%0.59%0.47%

Drawdowns

BMAR vs. PVAL - Drawdown Comparison

The maximum BMAR drawdown since its inception was -21.43%, which is greater than PVAL's maximum drawdown of -16.64%. Use the drawdown chart below to compare losses from any high point for BMAR and PVAL. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.59%
-1.39%
BMAR
PVAL

Volatility

BMAR vs. PVAL - Volatility Comparison

The current volatility for Innovator U.S. Equity Buffer ETF - March (BMAR) is 2.27%, while Putnam Focused Large Cap Value ETF (PVAL) has a volatility of 3.90%. This indicates that BMAR experiences smaller price fluctuations and is considered to be less risky than PVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.27%
3.90%
BMAR
PVAL