BWX vs PJAN

Comparison between SPDR(R) BLOOMBERG INTERNATIONAL TREASURY BOND ETF (BWX, ETF) and Innovator U.S. Equity Power Buffer ETF - January (PJAN, ETF).

5-Year PerformancePJAN has outperformed BWX, delivering a return of +8.7% compared to -4.3%

BWX vs PJAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWX(ETF)	PJAN(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.35%	0.79%
Max Drawdown	35.95%	21.25%
Sharpe Ratio	-0.93	1.65
5Y Beta	0.01	0.46
5Y Dividends CAGR	13.39%	N/A

Net Assets

BWX

$1.50B

PJAN

$1.50B

Expense Ratio

Winner

BWX

0.35%

PJAN

0.79%

Max Drawdown

BWX

35.95%

Winner

PJAN

21.25%

Sharpe Ratio

BWX

-0.93

Winner

PJAN

1.65

5Y Beta

Winner

BWX

0.01

PJAN

0.46

5Y Dividends CAGR

BWX

13.39%

PJAN

N/A

BWX vs PJAN - Historical Returns

Returns include dividend reinvestment.

Period	BWX	PJAN
1 month	-0.98%	-0.04%
3 months	-1.44%	+6.27%
6 months	-2.94%	+4.91%
1 year	-4.09%	+13.40%
5 years(CAGR)	-4.34%	+8.72%
10 years(CAGR)	-1.50%	N/A
Max(CAGR)	+1.22%	+9.31%

BWX

-0.98%

Winner

PJAN

-0.04%

BWX

-1.44%

Winner

PJAN

+6.27%

BWX

-2.94%

Winner

PJAN

+4.91%

BWX

-4.09%

Winner

PJAN

+13.40%

5Y(CAGR)

BWX

-4.34%

Winner

PJAN

+8.72%

10Y(CAGR)

BWX

-1.50%

PJAN

N/A

Max(CAGR)

BWX

+1.22%

Winner

PJAN

+9.31%

BWX vs PJAN - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BWX	PJAN
2026	-2.68%	+4.64%
2025	+8.27%	+11.40%
2024	-5.03%	+13.70%
2023	+5.34%	+18.18%
2022	-18.75%	-5.52%
2021	-9.16%	+9.55%
2020	+9.62%	+7.34%
2019	+5.62%	+12.34%
2018	-2.40%	N/A
2017	+11.31%	N/A
2016	+0.66%	N/A
2015	-6.28%	N/A
2014	-0.23%	N/A
2013	-1.46%	N/A
2012	+6.47%	N/A
2011	+7.42%	N/A
2010	+4.88%	N/A
2009	+7.29%	N/A
2008	+6.69%	N/A
2007	+4.59%	N/A

BWX vs PJAN Drawdown Comparison

The maximum drawdown for BWX was -34.05%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for PJAN was -21.25%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The current BWX drawdown is -24.75%. The current PJAN drawdown is -0.87%.

Rank	BWX	PJAN
#1	-34.05% Jan 5, 2021 - Oct 20, 2022	-21.25% Feb 19, 2020 - Aug 5, 2020
#2	-21.61% Mar 14, 2008 - Jul 21, 2009	-11.93% Jan 3, 2022 - Apr 13, 2023
#3	-14.51% Jul 1, 2014 - Mar 26, 2018	-10.49% Feb 19, 2025 - Jun 10, 2025
#4	-13.37% Mar 9, 2020 - Jul 27, 2020	-5.51% Sep 14, 2023 - Nov 13, 2023
#5	-12.27% Dec 1, 2009 - Sep 27, 2010	-4.63% Jan 28, 2026 - Apr 13, 2026
#6	-8.99% Mar 26, 2018 - Aug 12, 2019	-3.34% Jul 16, 2024 - Aug 16, 2024
#7	-8.63% Nov 4, 2010 - Apr 26, 2011	-3.25% Oct 12, 2020 - Nov 6, 2020
#8	-8.11% Dec 20, 2012 - Feb 28, 2014	-2.37% Aug 26, 2020 - Oct 8, 2020
#9	-6.85% Aug 23, 2011 - Feb 1, 2012	-2.33% Mar 28, 2024 - May 7, 2024
#10	-4.43% Nov 26, 2007 - Jan 14, 2008	-2.28% Apr 30, 2019 - Jun 18, 2019
#11	-3.41% May 2, 2011 - Jun 3, 2011	-2.13% Jan 20, 2021 - Feb 4, 2021
#12	-3.40% May 1, 2012 - Aug 3, 2012	-2.05% Jul 26, 2019 - Sep 11, 2019
#13	-3.28% Aug 15, 2019 - Mar 3, 2020	-1.69% Jul 31, 2023 - Aug 30, 2023
#14	-3.17% Jun 7, 2011 - Jul 29, 2011	-1.59% Jun 2, 2026 - Jun 15, 2026
#15	-2.83% Feb 2, 2012 - Apr 30, 2012	-1.58% May 7, 2021 - May 26, 2021

Correlation

Correlation between BWX and PJAN is -0.55 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.55

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