BDEC vs NPV

Comparison between Innovator U.S. Equity Buffer ETF - December (BDEC, ETF) and Nuveen Virginia Quality Municipal Income Fund (NPV, ETF).

5-Year PerformanceBDEC has outperformed NPV, delivering a return of +10.1% compared to -4.2%

BDEC vs NPV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BDEC(ETF)	NPV(ETF)
Net Assets	$218M	$218M
Expense Ratio	0.79%	N/A
Max Drawdown	25.60%	52.73%
Sharpe Ratio	1.34	-0.21
5Y Beta	0.66	0.09
5Y Dividends CAGR	N/A	7.71%

Net Assets

BDEC

$218M

Winner

NPV

$218M

Expense Ratio

BDEC

0.79%

NPV

N/A

Max Drawdown

Winner

BDEC

25.60%

NPV

52.73%

Sharpe Ratio

Winner

BDEC

1.34

NPV

-0.21

5Y Beta

BDEC

0.66

Winner

NPV

0.09

5Y Dividends CAGR

BDEC

N/A

NPV

7.71%

BDEC vs NPV - Historical Returns

Returns include dividend reinvestment.

Period	BDEC	NPV
1 month	+2.77%	-2.48%
3 months	+2.66%	-4.99%
6 months	+8.49%	-5.61%
1 year	+17.21%	+1.79%
5 years(CAGR)	+10.10%	-4.23%
10 years(CAGR)	N/A	+1.34%
Max(CAGR)	+11.43%	+3.73%

Winner

BDEC

+2.77%

NPV

-2.48%

Winner

BDEC

+2.66%

NPV

-4.99%

Winner

BDEC

+8.49%

NPV

-5.61%

Winner

BDEC

+17.21%

NPV

+1.79%

5Y(CAGR)

Winner

BDEC

+10.10%

NPV

-4.23%

10Y(CAGR)

BDEC

N/A

NPV

+1.34%

Max(CAGR)

Winner

BDEC

+11.43%

NPV

+3.73%

BDEC vs NPV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BDEC	NPV
2026	+9.85%	-0.33%
2025	+15.13%	-6.00%
2024	+12.85%	+24.72%
2023	+20.26%	-1.53%
2022	-9.52%	-30.61%
2021	+16.72%	+10.87%
2020	+12.85%	+14.18%
2019	+2.40%	+27.87%
2018	N/A	-4.56%
2017	N/A	+3.28%
2016	N/A	-0.03%
2015	N/A	+9.28%
2014	N/A	+17.11%
2013	N/A	-20.91%
2012	N/A	+5.25%
2011	N/A	+11.93%
2010	N/A	+3.16%
2009	N/A	+35.31%
2008	N/A	-11.84%
2007	N/A	-7.20%
2006	N/A	-1.23%
2005	N/A	-4.05%
2004	N/A	+6.54%
2003	N/A	+4.52%
2002	N/A	+18.83%
2001	N/A	+7.94%
2000	N/A	+22.39%
1999	N/A	-14.72%

BDEC vs NPV Drawdown Comparison

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

The maximum drawdown for NPV was -44.23%, occurring on Oct 27, 2023. This drawdown has not yet recovered.

The current BDEC drawdown is -0.59%. The current NPV drawdown is -21.11%.

Rank	BDEC	NPV
#1	-25.60% Feb 19, 2020 - Aug 6, 2020	-44.23% Dec 22, 2021 - Oct 27, 2023
#2	-16.44% Jan 4, 2022 - Jun 12, 2023	-41.74% Feb 12, 2007 - Jul 28, 2009
#3	-13.95% Feb 19, 2025 - Jun 24, 2025	-28.66% Jul 17, 2012 - Mar 10, 2016
#4	-9.02% Jul 31, 2023 - Dec 1, 2023	-25.55% Feb 24, 2020 - Jul 6, 2020
#5	-6.52% Jan 28, 2026 - Apr 14, 2026	-23.27% Jan 26, 2004 - Nov 4, 2004
#6	-4.64% Oct 12, 2020 - Nov 6, 2020	-19.13% Oct 12, 2010 - Jan 23, 2012
#7	-4.28% Sep 2, 2020 - Oct 9, 2020	-16.53% Sep 7, 2016 - Jul 31, 2019
#8	-4.08% Jul 16, 2024 - Aug 16, 2024	-16.44% Oct 12, 2005 - Feb 9, 2007
#9	-3.84% Nov 11, 2025 - Nov 26, 2025	-15.46% Nov 2, 1999 - Aug 28, 2000
#10	-2.83% Dec 6, 2024 - Jan 22, 2025	-11.70% Jun 18, 2003 - Jan 12, 2004
#11	-2.79% Mar 28, 2024 - May 7, 2024	-9.96% Feb 14, 2005 - May 24, 2005
#12	-2.61% Jan 20, 2021 - Feb 8, 2021	-9.94% Aug 31, 2021 - Dec 22, 2021
#13	-2.46% Jun 2, 2026 - Jul 6, 2026	-8.98% Aug 20, 2002 - Dec 31, 2002
#14	-2.43% Feb 24, 2021 - Mar 11, 2021	-8.92% Aug 6, 2001 - Jun 13, 2002
#15	-2.24% May 7, 2021 - May 27, 2021	-8.62% Oct 30, 2009 - Mar 26, 2010