BUFB vs PMM
Comparison between Innovator Laddered Allocation Buffer ETF (BUFB, ETF) and Putnam Managed Municipal Income Trust. (PMM, ETF).
BUFB vs PMM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
BUFB
$286M
Winner
PMM
$287M
Expense Ratio
BUFB
0.89%
PMM
N/A
Max Drawdown
Winner
BUFB
14.88%
PMM
55.45%
Sharpe Ratio
Winner
BUFB
1.70
PMM
0.75
5Y Beta
BUFB
0.63
Winner
PMM
0.25
5Y Dividends CAGR
BUFB
N/A
PMM
-5.23%
BUFB vs PMM - Historical Returns
Returns include dividend reinvestment.
1M
BUFB
+0.88%
Winner
PMM
+1.08%
3M
Winner
BUFB
+5.21%
PMM
-1.47%
6M
Winner
BUFB
+6.60%
PMM
+1.95%
1Y
Winner
BUFB
+18.36%
PMM
+11.94%
5Y(CAGR)
Winner
BUFB
+10.55%
PMM
-1.23%
10Y(CAGR)
BUFB
N/A
PMM
+2.68%
Max(CAGR)
Winner
BUFB
+10.55%
PMM
+4.11%
BUFB vs PMM - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | BUFB | PMM |
|---|---|---|
| 2026 | +5.96% | +2.49% |
| 2025 | +13.48% | +9.59% |
| 2024 | +16.85% | +3.02% |
| 2023 | +20.79% | +2.56% |
| 2022 | -8.37% | -24.71% |
| 2021 | N/A | +14.43% |
| 2020 | N/A | +5.39% |
| 2019 | N/A | +20.89% |
| 2018 | N/A | -4.36% |
| 2017 | N/A | +8.41% |
| 2016 | N/A | +1.50% |
| 2015 | N/A | +8.42% |
| 2014 | N/A | +16.71% |
| 2013 | N/A | -14.18% |
| 2012 | N/A | +13.90% |
| 2011 | N/A | +16.72% |
| 2010 | N/A | +11.36% |
| 2009 | N/A | +39.05% |
| 2008 | N/A | -23.78% |
| 2007 | N/A | -4.68% |
| 2006 | N/A | +13.52% |
| 2005 | N/A | +5.00% |
| 2004 | N/A | +4.05% |
| 2003 | N/A | +7.27% |
| 2002 | N/A | -1.93% |
| 2001 | N/A | +2.95% |
| 2000 | N/A | -2.73% |
| 1999 | N/A | -18.75% |
BUFB vs PMM Drawdown Comparison
The maximum drawdown for BUFB was -14.88%, occurring on Oct 14, 2022. Recovery took 301 trading sessions.
The maximum drawdown for PMM was -38.66%, occurring on Dec 12, 2008. Recovery took 604 trading sessions.
The current BUFB drawdown is -1.45%. The current PMM drawdown is -12.13%.
| Rank | BUFB | PMM |
|---|---|---|
| #1 | -14.88% Mar 29, 2022 - Jun 9, 2023 | -38.66% May 15, 2007 - Oct 6, 2009 |
| #2 | -13.75% Feb 19, 2025 - Jun 24, 2025 | -37.70% Dec 23, 2021 - Oct 25, 2023 |
| #3 | -7.41% Jul 28, 2023 - Nov 20, 2023 | -29.07% Feb 25, 2020 - Dec 31, 2020 |
| #4 | -6.11% Feb 9, 2022 - Mar 28, 2022 | -23.55% Aug 23, 2000 - May 23, 2005 |
| #5 | -5.12% Feb 25, 2026 - Apr 13, 2026 | -22.09% Jan 25, 2013 - Oct 22, 2015 |
| #6 | -4.60% Jul 16, 2024 - Aug 19, 2024 | -19.37% Nov 1, 1999 - Aug 17, 2000 |
| #7 | -2.77% Oct 29, 2025 - Nov 28, 2025 | -15.50% Oct 19, 2010 - Jul 22, 2011 |
| #8 | -2.72% Apr 9, 2024 - May 6, 2024 | -12.72% Sep 28, 2016 - Sep 13, 2017 |
| #9 | -2.17% Aug 30, 2024 - Sep 16, 2024 | -10.42% Aug 25, 2005 - Aug 15, 2006 |
| #10 | -1.83% Dec 16, 2024 - Jan 21, 2025 | -9.63% Sep 15, 2017 - Feb 8, 2019 |
| #11 | -1.56% Jun 15, 2023 - Jun 30, 2023 | -8.11% Mar 8, 2012 - May 9, 2012 |
| #12 | -1.47% Jul 28, 2025 - Aug 12, 2025 | -8.09% Jul 22, 2011 - Aug 22, 2011 |
| #13 | -1.45% Jun 2, 2026 - Jun 5, 2026 | -7.15% Oct 3, 2012 - Jan 8, 2013 |
| #14 | -1.42% Oct 9, 2025 - Oct 23, 2025 | -6.40% Jun 25, 2021 - Nov 18, 2021 |
| #15 | -1.30% Jan 12, 2026 - Jan 27, 2026 | -6.36% Oct 6, 2009 - Jan 15, 2010 |
Correlation
Correlation between BUFB and PMM is 0.73 which considered as a strong positive correlation - the stocks tend to move together.
0.73
-101
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