BFRZ vs PAI

Comparison between Innovator Equity Managed 100 Buffer ETF (BFRZ, ETF) and Western Asset Investment Grade Income Fund Inc (PAI, ETF).

BFRZ vs PAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BFRZ(ETF)	PAI(ETF)
Net Assets	$124M	$125M
Expense Ratio	0.89%	N/A
Max Drawdown	3.12%	45.93%
Sharpe Ratio	0.52	-0.10
5Y Beta	0.33	0.23
P/E Ratio	29.77	N/A
Forward P/E	21.64	N/A
5Y Dividends CAGR	N/A	3.60%
5Y EPS CAGR	26.83%	N/A
Debt to Equity	21.89%	N/A
P/S Ratio	3.66	N/A
P/B Ratio	5.65	N/A

Net Assets

BFRZ

$124M

Winner

PAI

$125M

Expense Ratio

BFRZ

0.89%

PAI

N/A

Max Drawdown

Winner

BFRZ

3.12%

PAI

45.93%

Sharpe Ratio

Winner

BFRZ

0.52

PAI

-0.10

5Y Beta

BFRZ

0.33

Winner

PAI

0.23

P/E Ratio

BFRZ

29.77

PAI

N/A

Forward P/E

BFRZ

21.64

PAI

N/A

5Y Dividends CAGR

BFRZ

N/A

PAI

3.60%

5Y EPS CAGR

BFRZ

26.83%

PAI

N/A

Debt to Equity

BFRZ

21.89%

PAI

N/A

P/S Ratio

BFRZ

3.66

PAI

N/A

P/B Ratio

BFRZ

5.65

PAI

N/A

BFRZ vs PAI - Historical Returns

Returns include dividend reinvestment.

Period	BFRZ	PAI
1 month	+0.79%	-0.22%
3 months	+0.02%	-1.51%
6 months	-0.08%	-0.38%
1 year	+6.43%	+2.22%
5 years(CAGR)	N/A	-0.02%
10 years(CAGR)	N/A	+3.20%
Max(CAGR)	+6.98%	+6.03%

Winner

BFRZ

+0.79%

PAI

-0.22%

Winner

BFRZ

+0.02%

PAI

-1.51%

Winner

BFRZ

-0.08%

PAI

-0.38%

Winner

BFRZ

+6.43%

PAI

+2.22%

5Y(CAGR)

BFRZ

N/A

PAI

-0.02%

10Y(CAGR)

BFRZ

N/A

PAI

+3.20%

Max(CAGR)

Winner

BFRZ

+6.98%

PAI

+6.03%

BFRZ vs PAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BFRZ	PAI
2026	+0.02%	-1.69%
2025	+7.39%	+7.09%
2024	N/A	+9.44%
2023	N/A	+7.42%
2022	N/A	-21.03%
2021	N/A	+1.88%
2020	N/A	+6.17%
2019	N/A	+20.23%
2018	N/A	-11.78%
2017	N/A	+16.74%
2016	N/A	+15.58%
2015	N/A	+1.70%
2014	N/A	+7.73%
2013	N/A	-7.43%
2012	N/A	+12.40%
2011	N/A	+13.11%
2010	N/A	+6.63%
2009	N/A	+29.99%
2008	N/A	-16.92%
2007	N/A	-5.46%
2006	N/A	+16.18%
2005	N/A	-0.98%
2004	N/A	+10.46%
2003	N/A	+15.49%
2002	N/A	+6.03%
2001	N/A	+14.94%
2000	N/A	+25.82%
1999	N/A	-2.13%

BFRZ vs PAI Drawdown Comparison

The maximum drawdown for BFRZ was -3.12%, occurring on Mar 30, 2026. Recovery took 73 trading sessions.

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The current BFRZ drawdown is -1.85%. The current PAI drawdown is -11.70%.

Rank	BFRZ	PAI
#1	-3.12% Feb 9, 2026 - May 26, 2026	-38.96% Jun 1, 2007 - Sep 11, 2009
#2	-2.67% Nov 3, 2025 - Jan 9, 2026	-33.71% Dec 2, 2021 - Oct 20, 2022
#3	-1.85% Jun 2, 2026 - Jun 5, 2026	-30.98% Nov 15, 2019 - Jul 15, 2020
#4	-1.39% Oct 8, 2025 - Oct 23, 2025	-22.02% Nov 26, 2012 - Apr 22, 2016
#5	-1.29% Jan 15, 2026 - Feb 9, 2026	-19.82% Sep 28, 2017 - Jun 11, 2019
#6	-0.83% Jul 28, 2025 - Aug 6, 2025	-13.79% May 24, 2010 - Sep 1, 2011
#7	-0.62% Aug 28, 2025 - Sep 5, 2025	-13.48% Aug 30, 2016 - Jun 19, 2017
#8	-0.53% Sep 22, 2025 - Sep 29, 2025	-10.99% Mar 17, 2004 - Sep 15, 2004
#9	-0.52% Aug 15, 2025 - Aug 22, 2025	-9.79% Nov 9, 2012 - Nov 21, 2012
#10	-0.34% Jun 23, 2025 - Jul 7, 2025	-9.55% Sep 28, 2020 - Aug 20, 2021
#11	-0.23% Aug 6, 2025 - Aug 8, 2025	-9.15% Sep 24, 2002 - Dec 16, 2002
#12	-0.22% Jul 14, 2025 - Jul 16, 2025	-8.91% Jun 20, 2003 - Nov 20, 2003
#13	-0.20% May 14, 2025 - May 22, 2025	-8.83% Sep 30, 2009 - Mar 17, 2010
#14	-0.18% Jan 13, 2026 - Jan 15, 2026	-8.29% Sep 15, 2021 - Nov 19, 2021
#15	-0.12% May 27, 2025 - May 30, 2025	-8.08% Feb 10, 2005 - Jun 30, 2005

Correlation

Correlation between BFRZ and PAI is 0.26 which considered as a very weak or no correlation - the stocks move independently of each other.

0.26

-101

Dividend Comparison (1999 - 2026)

BFRZ vs PAI dividend yield comparison.

Year	BFRZ	PAI
2026	0.06%	1.74%
2025	0.20%	5.45%
2024	0.00%	4.83%
2023	0.00%	4.67%
2022	0.00%	4.82%
2021	0.00%	3.57%
2020	0.00%	3.82%
2019	0.00%	4.43%
2018	0.00%	5.23%
2017	0.00%	4.36%
2016	0.00%	4.82%
2015	0.00%	5.30%
2014	0.00%	5.13%
2013	0.00%	5.24%
2012	0.00%	4.84%
2011	0.00%	5.39%
2010	0.00%	6.13%
2009	0.00%	7.37%
2008	0.00%	9.37%
2007	0.00%	8.28%
2006	0.00%	5.59%
2005	0.00%	7.58%
2004	0.00%	9.41%
2003	0.00%	6.38%
2002	0.00%	6.97%
2001	0.00%	7.28%
2000	0.00%	8.00%
1999	0.00%	2.10%