BSEP vs. VOO
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - September (BSEP) and Vanguard S&P 500 ETF (VOO).
BSEP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSEP is a passively managed fund by Innovator that tracks the performance of the S&P 500 Index. It was launched on Aug 30, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BSEP and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BSEP vs. VOO - Performance Comparison
Loading graphics...
BSEP vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BSEP Innovator U.S. Equity Buffer ETF - September | -2.37% | 14.80% | 16.96% | 20.94% | -9.20% | 14.64% | 12.44% | 7.23% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 11.81% |
Returns By Period
In the year-to-date period, BSEP achieves a -2.37% return, which is significantly higher than VOO's -3.66% return.
BSEP
- 1D
- 2.02%
- 1M
- -3.16%
- YTD
- -2.37%
- 6M
- -0.42%
- 1Y
- 15.10%
- 3Y*
- 14.40%
- 5Y*
- 9.46%
- 10Y*
- —
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSEP vs. VOO - Expense Ratio Comparison
BSEP has a 0.79% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
BSEP vs. VOO — Risk / Return Rank
BSEP
VOO
BSEP vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - September (BSEP) and Vanguard S&P 500 ETF (VOO). 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.
| BSEP | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 1.01 | +0.17 |
Sortino ratioReturn per unit of downside risk | 1.78 | 1.53 | +0.25 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.55 | +0.17 |
Martin ratioReturn relative to average drawdown | 9.10 | 7.31 | +1.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BSEP | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 1.01 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.71 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.83 | -0.04 |
Correlation
The correlation between BSEP and VOO is 0.95, 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.
Dividends
BSEP vs. VOO - Dividend Comparison
BSEP has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSEP Innovator U.S. Equity Buffer ETF - September | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
BSEP vs. VOO - Drawdown Comparison
The maximum BSEP drawdown since its inception was -23.98%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BSEP and VOO.
Loading graphics...
Drawdown Indicators
| BSEP | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -33.99% | +10.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.99% | -11.98% | +2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -15.02% | -24.52% | +9.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -3.79% | -5.55% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -2.81% | -3.72% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 2.55% | -0.85% |
Volatility
BSEP vs. VOO - Volatility Comparison
The current volatility for Innovator U.S. Equity Buffer ETF - September (BSEP) is 3.82%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.34%. This indicates that BSEP experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BSEP | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 5.34% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 6.18% | 9.47% | -3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.84% | 18.11% | -5.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.60% | 16.82% | -5.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.91% | 17.99% | -4.08% |