BDEC vs DBAW

Comparison between Innovator U.S. Equity Buffer ETF - December (BDEC, ETF) and XTRACKERS MSCI ALL WORLD EX US HEDGED EQUITY ETF (DBAW, ETF).

5-Year PerformanceDBAW has outperformed BDEC, delivering a return of +11.5% compared to +10.1%

BDEC vs DBAW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BDEC(ETF)	DBAW(ETF)
Net Assets	$265M	$265M
Expense Ratio	0.79%	0.40%
Max Drawdown	25.60%	31.44%
Sharpe Ratio	1.65	1.94
5Y Beta	0.64	0.74
5Y Dividends CAGR	N/A	24.74%

Net Assets

Winner

BDEC

$265M

DBAW

$265M

Expense Ratio

BDEC

0.79%

Winner

DBAW

0.40%

Max Drawdown

Winner

BDEC

25.60%

DBAW

31.44%

Sharpe Ratio

BDEC

1.65

Winner

DBAW

1.94

5Y Beta

Winner

BDEC

0.64

DBAW

0.74

5Y Dividends CAGR

BDEC

N/A

DBAW

24.74%

BDEC vs DBAW - Historical Returns

Returns include dividend reinvestment.

Period	BDEC	DBAW
1 month	+1.57%	+5.40%
3 months	+9.07%	+11.93%
6 months	+8.18%	+18.43%
1 year	+20.78%	+36.61%
5 years(CAGR)	+10.12%	+11.50%
10 years(CAGR)	N/A	+11.98%
Max(CAGR)	+11.44%	+9.64%

BDEC

+1.57%

Winner

DBAW

+5.40%

BDEC

+9.07%

Winner

DBAW

+11.93%

BDEC

+8.18%

Winner

DBAW

+18.43%

BDEC

+20.78%

Winner

DBAW

+36.61%

5Y(CAGR)

BDEC

+10.12%

Winner

DBAW

+11.50%

10Y(CAGR)

BDEC

N/A

DBAW

+11.98%

Max(CAGR)

Winner

BDEC

+11.44%

DBAW

+9.64%

BDEC vs DBAW - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	BDEC	DBAW
2026	+7.59%	+15.43%
2025	+15.13%	+25.86%
2024	+12.85%	+14.72%
2023	+20.26%	+14.15%
2022	-9.52%	-13.77%
2021	+16.72%	+12.71%
2020	+12.85%	+5.92%
2019	+2.40%	+22.66%
2018	N/A	-10.68%
2017	N/A	+17.09%
2016	N/A	+8.32%
2015	N/A	-0.16%
2014	N/A	+8.64%

BDEC vs DBAW Drawdown Comparison

The maximum drawdown for BDEC was -25.60%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

The maximum drawdown for DBAW was -31.44%, occurring on Mar 16, 2020. Recovery took 214 trading sessions.

The current BDEC drawdown is -0.14%.

Rank	BDEC	DBAW
#1	-25.60% Feb 19, 2020 - Aug 6, 2020	-31.44% Jan 17, 2020 - Nov 20, 2020
#2	-16.44% Jan 4, 2022 - Jun 12, 2023	-24.12% Apr 27, 2015 - Apr 24, 2017
#3	-13.95% Feb 19, 2025 - Jun 24, 2025	-17.89% Nov 16, 2021 - Jan 25, 2024
#4	-9.02% Jul 31, 2023 - Dec 1, 2023	-16.25% Jan 23, 2018 - Oct 15, 2019
#5	-6.52% Jan 28, 2026 - Apr 14, 2026	-14.11% Mar 19, 2025 - May 20, 2025
#6	-4.64% Oct 12, 2020 - Nov 6, 2020	-9.00% Feb 25, 2026 - Apr 17, 2026
#7	-4.28% Sep 2, 2020 - Oct 9, 2020	-8.95% Jul 12, 2024 - Sep 24, 2024
#8	-4.08% Jul 16, 2024 - Aug 16, 2024	-8.69% Sep 4, 2014 - Nov 26, 2014
#9	-3.84% Nov 11, 2025 - Nov 26, 2025	-6.52% Dec 5, 2014 - Jan 26, 2015
#10	-2.83% Dec 6, 2024 - Jan 22, 2025	-4.96% Sep 7, 2021 - Nov 4, 2021
#11	-2.79% Mar 28, 2024 - May 7, 2024	-4.60% Nov 12, 2025 - Dec 22, 2025
#12	-2.61% Jan 20, 2021 - Feb 8, 2021	-4.35% Oct 4, 2024 - Jan 24, 2025
#13	-2.46% Jun 2, 2026 - Jun 10, 2026	-4.26% Jun 2, 2026 - Jun 15, 2026
#14	-2.43% Feb 24, 2021 - Mar 11, 2021	-4.01% Mar 6, 2014 - Apr 2, 2014
#15	-2.24% May 7, 2021 - May 27, 2021	-3.97% Jan 21, 2021 - Feb 8, 2021