BMAR vs ERX

Comparison between Innovator U.S. Equity Buffer ETF - March (BMAR, ETF) and DIREXION DAILY ENERGY BULL 2X SHARES (ERX, ETF).

5-Year PerformanceERX has outperformed BMAR, delivering a return of +27.9% compared to +11.9%

BMAR vs ERX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BMAR(ETF)	ERX(ETF)
Net Assets	$245M	$244M
Expense Ratio	0.79%	N/A
Max Drawdown	21.43%	99.56%
Sharpe Ratio	1.82	1.46
5Y Beta	0.65	1.07
P/E Ratio	N/A	22.72
Forward P/E	N/A	12.78
PEG Ratio	N/A	1.07
5Y Dividends CAGR	N/A	33.38%
Debt to Equity	N/A	40.47%
P/S Ratio	N/A	1.68
P/B Ratio	N/A	2.52

Net Assets

Winner

BMAR

$245M

ERX

$244M

Expense Ratio

BMAR

0.79%

ERX

N/A

Max Drawdown

Winner

BMAR

21.43%

ERX

99.56%

Sharpe Ratio

Winner

BMAR

1.82

ERX

1.46

5Y Beta

Winner

BMAR

0.65

ERX

1.07

P/E Ratio

BMAR

N/A

ERX

22.72

Forward P/E

BMAR

N/A

ERX

12.78

PEG Ratio

BMAR

N/A

ERX

1.07

5Y Dividends CAGR

BMAR

N/A

ERX

33.38%

Debt to Equity

BMAR

N/A

ERX

40.47%

P/S Ratio

BMAR

N/A

ERX

1.68

P/B Ratio

BMAR

N/A

ERX

2.52

BMAR vs ERX - Historical Returns

Returns include dividend reinvestment.

Period	BMAR	ERX
1 month	+0.50%	-0.90%
3 months	+7.60%	-1.38%
6 months	+8.50%	+56.13%
1 year	+18.88%	+70.58%
5 years(CAGR)	+11.92%	+27.94%
10 years(CAGR)	N/A	-9.40%
Max(CAGR)	+12.86%	-6.57%

Winner

BMAR

+0.50%

ERX

-0.90%

Winner

BMAR

+7.60%

ERX

-1.38%

BMAR

+8.50%

Winner

ERX

+56.13%

BMAR

+18.88%

Winner

ERX

+70.58%

5Y(CAGR)

BMAR

+11.92%

Winner

ERX

+27.94%

10Y(CAGR)

BMAR

N/A

ERX

-9.40%

Max(CAGR)

Winner

BMAR

+12.86%

ERX

-6.57%

BMAR vs ERX - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	BMAR	ERX
2026	+7.68%	+53.51%
2025	+15.17%	+0.50%
2024	+16.81%	-1.37%
2023	+23.22%	-5.50%
2022	-7.17%	+117.39%
2021	+17.09%	+111.11%
2020	+10.88%	-91.81%
2019	N/A	+10.44%
2018	N/A	-58.08%
2017	N/A	-14.61%
2016	N/A	+69.90%
2015	N/A	-61.81%
2014	N/A	-29.85%
2013	N/A	+73.35%
2012	N/A	-3.89%
2011	N/A	-21.69%
2010	N/A	+36.77%
2009	N/A	+0.01%
2008	N/A	-4.91%

BMAR vs ERX Drawdown Comparison

The maximum drawdown for BMAR was -21.43%, occurring on Mar 23, 2020. Recovery took 63 trading sessions.

The maximum drawdown for ERX was -99.54%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The current BMAR drawdown is -1.07%. The current ERX drawdown is -91.93%.

Rank	BMAR	ERX
#1	-21.43% Mar 4, 2020 - Jun 3, 2020	-99.54% Jun 23, 2014 - Mar 23, 2020
#2	-15.02% Mar 29, 2022 - May 18, 2023	-69.51% Apr 29, 2011 - Apr 1, 2014
#3	-12.86% Feb 19, 2025 - Jun 6, 2025	-66.34% Nov 26, 2008 - Oct 19, 2009
#4	-6.81% Jul 28, 2023 - Nov 14, 2023	-51.85% Apr 23, 2010 - Nov 11, 2010
#5	-5.64% Feb 27, 2026 - Apr 13, 2026	-33.90% Nov 19, 2008 - Nov 24, 2008
#6	-5.48% Jul 16, 2024 - Aug 21, 2024	-30.48% Oct 19, 2009 - Apr 23, 2010
#7	-4.88% Jun 8, 2020 - Jul 15, 2020	-18.56% Mar 3, 2011 - Mar 29, 2011
#8	-4.85% Jan 4, 2022 - Mar 18, 2022	-15.63% Apr 5, 2011 - Apr 29, 2011
#9	-3.75% Oct 12, 2020 - Nov 5, 2020	-11.21% Nov 11, 2010 - Dec 1, 2010
#10	-3.67% Mar 28, 2024 - May 10, 2024	-6.80% Apr 3, 2014 - Apr 15, 2014
#11	-3.54% Sep 2, 2020 - Oct 9, 2020	-5.46% May 7, 2014 - May 29, 2014
#12	-2.95% Aug 30, 2024 - Sep 19, 2024	-5.38% Jan 18, 2011 - Jan 26, 2011
#13	-2.53% May 7, 2021 - Jun 2, 2021	-4.83% Feb 28, 2011 - Mar 3, 2011
#14	-2.43% Mar 1, 2021 - Mar 10, 2021	-4.56% Feb 7, 2011 - Feb 14, 2011
#15	-2.36% Oct 28, 2025 - Nov 26, 2025	-4.13% Feb 23, 2011 - Feb 28, 2011