BUFF vs PSEP

Comparison between Innovator Laddered Allocation Power Buffer ETF (BUFF, ETF) and Innovator U.S. Equity Power Buffer ETF - September (PSEP, ETF).

5-Year PerformancePSEP has outperformed BUFF, delivering a return of +9.3% compared to +8.6%

BUFF vs PSEP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BUFF(ETF)	PSEP(ETF)
Net Assets	$870M	$861M
Expense Ratio	0.89%	0.79%
Max Drawdown	46.23%	17.90%
Sharpe Ratio	1.73	1.67
5Y Beta	0.47	0.46

Net Assets

Winner

BUFF

$870M

PSEP

$861M

Expense Ratio

BUFF

0.89%

Winner

PSEP

0.79%

Max Drawdown

BUFF

46.23%

Winner

PSEP

17.90%

Sharpe Ratio

Winner

BUFF

1.73

PSEP

1.67

5Y Beta

BUFF

0.47

Winner

PSEP

0.46

BUFF vs PSEP - Historical Returns

Returns include dividend reinvestment.

Period	BUFF	PSEP
1 month	+0.46%	+0.62%
3 months	+5.29%	+5.49%
6 months	+5.27%	+5.19%
1 year	+13.18%	+13.66%
5 years(CAGR)	+8.57%	+9.25%
10 years(CAGR)	+8.56%	N/A
Max(CAGR)	+8.56%	+9.60%

BUFF

+0.46%

Winner

PSEP

+0.62%

BUFF

+5.29%

Winner

PSEP

+5.49%

Winner

BUFF

+5.27%

PSEP

+5.19%

BUFF

+13.18%

Winner

PSEP

+13.66%

5Y(CAGR)

BUFF

+8.57%

Winner

PSEP

+9.25%

10Y(CAGR)

BUFF

+8.56%

PSEP

N/A

Max(CAGR)

BUFF

+8.56%

Winner

PSEP

+9.60%

BUFF vs PSEP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	BUFF	PSEP
2026	+4.64%	+4.66%
2025	+10.90%	+11.98%
2024	+12.52%	+12.80%
2023	+16.78%	+19.21%
2022	-4.68%	-4.00%
2021	+8.98%	+9.71%
2020	-13.38%	+8.14%
2019	+33.93%	+4.62%
2018	-6.48%	N/A
2017	+14.26%	N/A
2016	+12.16%	N/A

BUFF vs PSEP Drawdown Comparison

The maximum drawdown for BUFF was -46.23%, occurring on Mar 23, 2020. Recovery took 969 trading sessions.

The maximum drawdown for PSEP was -17.90%, occurring on Mar 23, 2020. Recovery took 101 trading sessions.

The current BUFF drawdown is -0.74%. The current PSEP drawdown is -0.29%.

Rank	BUFF	PSEP
#1	-46.23% Jan 17, 2020 - Nov 22, 2023	-17.90% Feb 19, 2020 - Jul 14, 2020
#2	-16.18% Jan 23, 2018 - Apr 5, 2019	-9.92% Feb 19, 2025 - Jun 6, 2025
#3	-10.24% Feb 19, 2025 - Jun 6, 2025	-9.80% Jan 4, 2022 - Jan 31, 2023
#4	-3.58% Feb 25, 2026 - Apr 9, 2026	-5.45% Jul 31, 2023 - Nov 17, 2023
#5	-3.55% Jul 10, 2019 - Aug 19, 2019	-4.63% Sep 2, 2020 - Nov 5, 2020
#6	-3.48% Dec 8, 2016 - Jan 25, 2017	-4.41% Feb 2, 2023 - Apr 13, 2023
#7	-3.46% Sep 26, 2019 - Dec 12, 2019	-4.08% Feb 25, 2026 - Apr 13, 2026
#8	-3.31% Oct 20, 2016 - Nov 9, 2016	-2.45% Sep 3, 2021 - Oct 20, 2021
#9	-3.25% Jul 16, 2024 - Aug 15, 2024	-2.28% Jul 31, 2024 - Aug 13, 2024
#10	-2.76% Jun 19, 2017 - Aug 16, 2017	-2.13% Aug 30, 2024 - Sep 16, 2024
#11	-2.43% Feb 15, 2017 - Mar 15, 2017	-2.12% Oct 27, 2025 - Nov 28, 2025
#12	-2.40% Jun 20, 2019 - Jul 3, 2019	-2.12% Nov 16, 2021 - Dec 23, 2021
#13	-2.40% Nov 23, 2016 - Nov 30, 2016	-2.03% Mar 28, 2024 - May 6, 2024
#14	-2.30% Jan 25, 2017 - Feb 13, 2017	-1.81% Jan 21, 2021 - Feb 8, 2021
#15	-1.94% Oct 28, 2025 - Nov 26, 2025	-1.78% May 1, 2023 - May 18, 2023