BDEC vs MLPB

Comparison between Innovator U.S. Equity Buffer ETF - December (BDEC, ETF) and UBS AG London Branch (MLPB, ETF).

5-Year PerformanceMLPB has outperformed BDEC, delivering a return of +21.9% compared to +9.9%

BDEC vs MLPB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BDEC(ETF)	MLPB(ETF)
Net Assets	$219M	$219M
Expense Ratio	0.79%	0.85%
Max Drawdown	25.60%	77.56%
Sharpe Ratio	1.38	1.33
5Y Beta	0.65	0.46
5Y Dividends CAGR	N/A	13.94%

Net Assets

Winner

BDEC

$219M

MLPB

$219M

Expense Ratio

Winner

BDEC

0.79%

MLPB

0.85%

Max Drawdown

Winner

BDEC

25.60%

MLPB

77.56%

Sharpe Ratio

Winner

BDEC

1.38

MLPB

1.33

5Y Beta

BDEC

0.65

Winner

MLPB

0.46

5Y Dividends CAGR

BDEC

N/A

MLPB

13.94%

BDEC vs MLPB - Historical Returns

Returns include dividend reinvestment.

Period	BDEC	MLPB
1 month	+0.80%	+8.51%
3 months	+4.99%	+9.25%
6 months	+7.55%	+18.41%
1 year	+17.24%	+26.78%
5 years(CAGR)	+9.94%	+21.95%
10 years(CAGR)	N/A	+8.64%
Max(CAGR)	+11.30%	+7.31%

BDEC

+0.80%

Winner

MLPB

+8.51%

BDEC

+4.99%

Winner

MLPB

+9.25%

BDEC

+7.55%

Winner

MLPB

+18.41%

BDEC

+17.24%

Winner

MLPB

+26.78%

5Y(CAGR)

BDEC

+9.94%

Winner

MLPB

+21.95%

10Y(CAGR)

BDEC

N/A

MLPB

+8.64%

Max(CAGR)

Winner

BDEC

+11.30%

MLPB

+7.31%

BDEC vs MLPB - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	BDEC	MLPB
2026	+7.87%	+23.42%
2025	+15.13%	+5.86%
2024	+12.85%	+25.03%
2023	+20.26%	+23.50%
2022	-9.52%	+26.61%
2021	+16.72%	+39.56%
2020	+12.85%	-31.72%
2019	+2.40%	+4.14%
2018	N/A	-8.88%
2017	N/A	-9.78%
2016	N/A	+30.94%
2015	N/A	-26.61%

BDEC vs MLPB Drawdown Comparison

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

The maximum drawdown for MLPB was -71.98%, occurring on Mar 18, 2020. Recovery took 1433 trading sessions.

The current BDEC drawdown is -0.44%. The current MLPB drawdown is -0.95%.

Rank	BDEC	MLPB
#1	-25.60% Feb 19, 2020 - Aug 6, 2020	-71.98% Feb 9, 2017 - Oct 31, 2022
#2	-16.44% Jan 4, 2022 - Jun 12, 2023	-41.60% Oct 9, 2015 - Feb 9, 2017
#3	-13.95% Feb 19, 2025 - Jun 24, 2025	-16.49% Apr 2, 2025 - Jan 16, 2026
#4	-9.02% Jul 31, 2023 - Dec 1, 2023	-10.16% Feb 14, 2023 - Jun 7, 2023
#5	-6.52% Jan 28, 2026 - Apr 14, 2026	-9.62% Nov 29, 2024 - Jan 16, 2025
#6	-4.64% Oct 12, 2020 - Nov 6, 2020	-9.28% May 19, 2026 - Jun 24, 2026
#7	-4.28% Sep 2, 2020 - Oct 9, 2020	-8.16% Jul 22, 2024 - Nov 6, 2024
#8	-4.08% Jul 16, 2024 - Aug 16, 2024	-7.34% Nov 30, 2022 - Jan 12, 2023
#9	-3.84% Nov 11, 2025 - Nov 26, 2025	-6.61% Dec 1, 2023 - Jan 26, 2024
#10	-2.83% Dec 6, 2024 - Jan 22, 2025	-6.39% Apr 3, 2024 - Jun 24, 2024
#11	-2.79% Mar 28, 2024 - May 7, 2024	-5.64% Mar 26, 2026 - Apr 30, 2026
#12	-2.61% Jan 20, 2021 - Feb 8, 2021	-5.48% Feb 18, 2025 - Mar 19, 2025
#13	-2.46% Jun 2, 2026 - Jul 6, 2026	-4.58% Sep 20, 2023 - Oct 16, 2023
#14	-2.43% Feb 24, 2021 - Mar 11, 2021	-3.39% Nov 3, 2023 - Nov 21, 2023
#15	-2.24% May 7, 2021 - May 27, 2021	-3.29% Feb 5, 2025 - Feb 18, 2025