BSTP vs SMOX

Comparison between Innovator Buffer Step-Up Strategy ETF (BSTP, ETF) and Horizon SmallMid Cap Core Equity ETF (SMOX, ETF).

BSTP vs SMOX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSTP(ETF)	SMOX(ETF)
Net Assets	$60M	$60M
Expense Ratio	0.89%	0.75%
Max Drawdown	16.69%	7.76%
Sharpe Ratio	1.26	1.99
5Y Beta	0.67	0.96
P/E Ratio	N/A	21.03
Forward P/E	N/A	15.95
PEG Ratio	N/A	0.07
5Y EPS CAGR	N/A	17.68%
Debt to Equity	N/A	28.03%
P/S Ratio	N/A	1.57
P/B Ratio	N/A	2.82

Net Assets

Winner

BSTP

$60M

SMOX

$60M

Expense Ratio

BSTP

0.89%

Winner

SMOX

0.75%

Max Drawdown

BSTP

16.69%

Winner

SMOX

7.76%

Sharpe Ratio

BSTP

1.26

Winner

SMOX

1.99

5Y Beta

Winner

BSTP

0.67

SMOX

0.96

P/E Ratio

BSTP

N/A

SMOX

21.03

Forward P/E

BSTP

N/A

SMOX

15.95

PEG Ratio

BSTP

N/A

SMOX

0.07

5Y EPS CAGR

BSTP

N/A

SMOX

17.68%

Debt to Equity

BSTP

N/A

SMOX

28.03%

P/S Ratio

BSTP

N/A

SMOX

1.57

P/B Ratio

BSTP

N/A

SMOX

2.82

BSTP vs SMOX - Historical Returns

Returns include dividend reinvestment.

Period	BSTP	SMOX
1 month	+0.46%	+3.34%
3 months	+6.71%	+14.42%
6 months	+5.64%	+18.42%
1 year	+14.87%	N/A
5 years(CAGR)	+10.65%	N/A
Max(CAGR)	+10.65%	+41.87%

BSTP

+0.46%

Winner

SMOX

+3.34%

BSTP

+6.71%

Winner

SMOX

+14.42%

BSTP

+5.64%

Winner

SMOX

+18.42%

BSTP

+14.87%

SMOX

N/A

5Y(CAGR)

BSTP

+10.65%

SMOX

N/A

Max(CAGR)

BSTP

+10.65%

Winner

SMOX

+41.87%

BSTP vs SMOX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	BSTP	SMOX
2026	+5.00%	+18.09%
2025	+11.90%	+0.44%
2024	+17.15%	N/A
2023	+18.47%	N/A
2022	-4.95%	N/A

BSTP vs SMOX Drawdown Comparison

The maximum drawdown for BSTP was -16.69%, occurring on Oct 12, 2022. Recovery took 323 trading sessions.

The maximum drawdown for SMOX was -7.76%, occurring on Mar 20, 2026. Recovery took 26 trading sessions.

The current BSTP drawdown is -1.25%.

Rank	BSTP	SMOX
#1	-16.69% Mar 29, 2022 - Jul 13, 2023	-7.76% Mar 2, 2026 - Apr 8, 2026
#2	-13.69% Feb 19, 2025 - Jun 26, 2025	-3.45% May 6, 2026 - May 26, 2026
#3	-7.46% Jul 31, 2023 - Dec 8, 2023	-2.53% Dec 11, 2025 - Jan 5, 2026
#4	-6.23% Jan 28, 2026 - Apr 15, 2026	-1.72% Jun 4, 2026 - Jun 11, 2026
#5	-5.65% Jul 16, 2024 - Aug 23, 2024	-1.61% Jan 21, 2026 - Feb 6, 2026
#6	-3.34% Oct 28, 2025 - Dec 5, 2025	-1.51% Apr 27, 2026 - Apr 30, 2026
#7	-3.16% Mar 28, 2024 - May 9, 2024	-1.43% Feb 20, 2026 - Feb 25, 2026
#8	-2.81% Aug 30, 2024 - Sep 19, 2024	-1.29% Feb 11, 2026 - Feb 20, 2026
#9	-2.50% Jun 2, 2026 - Jun 10, 2026	-1.27% May 26, 2026 - Jun 4, 2026
#10	-2.46% Dec 6, 2024 - Jan 21, 2025	-0.91% Jan 15, 2026 - Jan 21, 2026
#11	-1.95% Oct 8, 2025 - Oct 21, 2025	-0.78% Feb 26, 2026 - Mar 2, 2026
#12	-1.74% Oct 18, 2024 - Nov 6, 2024	-0.63% Dec 5, 2025 - Dec 10, 2025
#13	-1.73% Mar 9, 2022 - Mar 16, 2022	-0.62% Apr 14, 2026 - Apr 17, 2026
#14	-1.66% Jan 12, 2026 - Jan 27, 2026	-0.51% Apr 9, 2026 - Apr 13, 2026
#15	-1.62% Dec 11, 2025 - Dec 22, 2025	-0.46% Apr 20, 2026 - Apr 27, 2026