BDEC vs GOVZ

Comparison between Innovator U.S. Equity Buffer ETF - December (BDEC, ETF) and ISHARES 25+ YEAR TREASURY STRIPS BOND ETF (GOVZ, ETF).

5-Year PerformanceBDEC has outperformed GOVZ, delivering a return of +10.1% compared to -11.6%

BDEC vs GOVZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BDEC(ETF)	GOVZ(ETF)
Net Assets	$265M	$267M
Expense Ratio	0.79%	0.10%
Max Drawdown	25.60%	66.13%
Sharpe Ratio	1.65	0.02
5Y Beta	0.64	0.10
5Y Dividends CAGR	N/A	17.73%

Net Assets

BDEC

$265M

Winner

GOVZ

$267M

Expense Ratio

BDEC

0.79%

Winner

GOVZ

0.10%

Max Drawdown

Winner

BDEC

25.60%

GOVZ

66.13%

Sharpe Ratio

Winner

BDEC

1.65

GOVZ

0.02

5Y Beta

BDEC

0.64

Winner

GOVZ

0.10

5Y Dividends CAGR

BDEC

N/A

GOVZ

17.73%

BDEC vs GOVZ - Historical Returns

Returns include dividend reinvestment.

Period	BDEC	GOVZ
1 month	+1.57%	+4.92%
3 months	+9.07%	-0.75%
6 months	+8.18%	-0.34%
1 year	+20.78%	+4.05%
5 years(CAGR)	+10.12%	-11.60%
Max(CAGR)	+11.44%	-13.41%

BDEC

+1.57%

Winner

GOVZ

+4.92%

Winner

BDEC

+9.07%

GOVZ

-0.75%

Winner

BDEC

+8.18%

GOVZ

-0.34%

Winner

BDEC

+20.78%

GOVZ

+4.05%

5Y(CAGR)

Winner

BDEC

+10.12%

GOVZ

-11.60%

Max(CAGR)

Winner

BDEC

+11.44%

GOVZ

-13.41%

BDEC vs GOVZ - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	BDEC	GOVZ
2026	+7.59%	+0.06%
2025	+15.13%	-2.00%
2024	+12.85%	-15.35%
2023	+20.26%	-1.66%
2022	-9.52%	-38.84%
2021	+16.72%	-4.48%
2020	+12.85%	-5.61%
2019	+2.40%	N/A

BDEC vs GOVZ Drawdown Comparison

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

The maximum drawdown for GOVZ was -59.65%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current BDEC drawdown is -0.14%. The current GOVZ drawdown is -56.14%.

Rank	BDEC	GOVZ
#1	-25.60% Feb 19, 2020 - Aug 6, 2020	-59.65% Sep 24, 2020 - Oct 19, 2023
#2	-16.44% Jan 4, 2022 - Jun 12, 2023	N/A
#3	-13.95% Feb 19, 2025 - Jun 24, 2025	N/A
#4	-9.02% Jul 31, 2023 - Dec 1, 2023	N/A
#5	-6.52% Jan 28, 2026 - Apr 14, 2026	N/A
#6	-4.64% Oct 12, 2020 - Nov 6, 2020	N/A
#7	-4.28% Sep 2, 2020 - Oct 9, 2020	N/A
#8	-4.08% Jul 16, 2024 - Aug 16, 2024	N/A
#9	-3.84% Nov 11, 2025 - Nov 26, 2025	N/A
#10	-2.83% Dec 6, 2024 - Jan 22, 2025	N/A
#11	-2.79% Mar 28, 2024 - May 7, 2024	N/A
#12	-2.61% Jan 20, 2021 - Feb 8, 2021	N/A
#13	-2.46% Jun 2, 2026 - Jun 10, 2026	N/A
#14	-2.43% Feb 24, 2021 - Mar 11, 2021	N/A
#15	-2.24% May 7, 2021 - May 27, 2021	N/A