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BSEP vs GDMA

Comparison between Innovator U.S. Equity Buffer ETF - September (BSEP, ETF) and GADSDEN DYNAMIC MULTI-ASSET ETF (GDMA, ETF).

5-Year PerformanceBSEP has outperformed GDMA, delivering a return of +10.7% compared to +8.3%

BSEP vs GDMA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
BSEP
$215M
GDMA
$213M
Expense Ratio
BSEP
0.79%
Winner
GDMA
0.75%
Max Drawdown
BSEP
23.98%
Winner
GDMA
16.66%
Sharpe Ratio
Winner
BSEP
1.49
GDMA
1.08
5Y Beta
BSEP
0.63
Winner
GDMA
0.47
5Y Dividends CAGR
BSEP
N/A
GDMA
41.41%

BSEP vs GDMA - Historical Returns

Returns include dividend reinvestment.

1M
Winner
BSEP
+0.92%
GDMA
-5.19%
3M
Winner
BSEP
+4.67%
GDMA
+1.49%
6M
Winner
BSEP
+7.18%
GDMA
+0.23%
1Y
BSEP
+15.92%
Winner
GDMA
+20.97%
5Y(CAGR)
Winner
BSEP
+10.71%
GDMA
+8.31%
Max(CAGR)
Winner
BSEP
+12.11%
GDMA
+9.15%

BSEP vs GDMA - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

YearBSEPGDMA
2026+7.59%+7.02%
2025+14.88%+24.94%
2024+17.47%+7.81%
2023+21.06%+1.68%
2022-9.50%-2.83%
2021+15.70%+3.19%
2020+11.86%+20.11%
2019+7.23%+11.60%
2018N/A-3.93%

BSEP vs GDMA Drawdown Comparison

The maximum drawdown for BSEP was -23.98%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The maximum drawdown for GDMA was -16.66%, occurring on Mar 18, 2020. Recovery took 95 trading sessions.

The current BSEP drawdown is -0.19%. The current GDMA drawdown is -5.19%.

RankBSEPGDMA
#1-23.98%
Feb 19, 2020 - Jul 20, 2020
-16.66%
Feb 19, 2020 - Jul 6, 2020
#2-15.02%
Jan 4, 2022 - Jun 12, 2023
-12.74%
Apr 18, 2022 - Jul 16, 2024
#3-13.36%
Feb 19, 2025 - Jun 24, 2025
-8.45%
Aug 19, 2020 - Dec 15, 2020
#4-7.95%
Jul 31, 2023 - Nov 30, 2023
-8.32%
Jun 1, 2021 - Mar 23, 2022
#5-6.35%
Sep 2, 2020 - Nov 9, 2020
-7.53%
Feb 26, 2026 - Jun 18, 2026
#6-5.70%
Jan 28, 2026 - Apr 14, 2026
-6.90%
Feb 20, 2025 - May 13, 2025
#7-3.91%
Jul 16, 2024 - Aug 14, 2024
-5.97%
Jun 22, 2026 - Jul 7, 2026
#8-3.50%
Sep 3, 2021 - Oct 20, 2021
-5.48%
Feb 12, 2021 - May 5, 2021
#9-3.34%
Mar 28, 2024 - May 9, 2024
-5.21%
Dec 3, 2018 - Jun 18, 2019
#10-2.97%
Oct 28, 2025 - Dec 3, 2025
-5.18%
Aug 6, 2020 - Aug 19, 2020
#11-2.90%
Aug 30, 2024 - Sep 16, 2024
-4.89%
Jul 16, 2024 - Aug 21, 2024
#12-2.68%
Sep 12, 2019 - Oct 21, 2019
-4.75%
Oct 6, 2025 - Dec 23, 2025
#13-2.62%
Nov 18, 2021 - Dec 10, 2021
-4.12%
Jan 7, 2021 - Feb 8, 2021
#14-2.58%
Jan 21, 2021 - Feb 5, 2021
-3.29%
Aug 23, 2024 - Sep 19, 2024
#15-2.42%
Feb 16, 2021 - Mar 11, 2021
-3.19%
Dec 11, 2024 - Feb 14, 2025

Correlation

Correlation between BSEP and GDMA is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92
-101

Dividend Comparison (2019 - 2025)

BSEP vs GDMA dividend yield comparison.

YearBSEPGDMA
20250.00%2.79%
20240.00%2.32%
20230.00%4.14%
20220.00%1.18%
20210.00%2.10%
20200.00%0.62%
20191.39%3.17%

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