FLBL vs PAUG

Comparison between FRANKLIN SENIOR LOAN ETF (FLBL, ETF) and Innovator U.S. Equity Power Buffer ETF - August (PAUG, ETF).

5-Year PerformancePAUG has outperformed FLBL, delivering a return of +9.4% compared to +5.6%

FLBL vs PAUG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLBL(ETF)	PAUG(ETF)
Net Assets	$851M	$853M
Expense Ratio	0.45%	0.79%
Max Drawdown	20.64%	17.88%
Sharpe Ratio	-0.27	1.41
5Y Beta	0.12	0.49
5Y Dividends CAGR	17.81%	N/A

Net Assets

FLBL

$851M

Winner

PAUG

$853M

Expense Ratio

Winner

FLBL

0.45%

PAUG

0.79%

Max Drawdown

FLBL

20.64%

Winner

PAUG

17.88%

Sharpe Ratio

FLBL

-0.27

Winner

PAUG

1.41

5Y Beta

Winner

FLBL

0.12

PAUG

0.49

5Y Dividends CAGR

FLBL

17.81%

PAUG

N/A

FLBL vs PAUG - Historical Returns

Returns include dividend reinvestment.

Period	FLBL	PAUG
1 month	+1.12%	+1.66%
3 months	+2.63%	+2.98%
6 months	+4.92%	+6.61%
1 year	+3.01%	+11.80%
5 years(CAGR)	+5.62%	+9.42%
10 years(CAGR)	+4.69%	N/A
Max(CAGR)	+4.69%	+9.41%

FLBL

+1.12%

Winner

PAUG

+1.66%

FLBL

+2.63%

Winner

PAUG

+2.98%

FLBL

+4.92%

Winner

PAUG

+6.61%

FLBL

+3.01%

Winner

PAUG

+11.80%

5Y(CAGR)

FLBL

+5.62%

Winner

PAUG

+9.42%

10Y(CAGR)

FLBL

+4.69%

PAUG

N/A

Max(CAGR)

FLBL

+4.69%

Winner

PAUG

+9.41%

FLBL vs PAUG - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	FLBL	PAUG
2026	+3.05%	+7.67%
2025	+3.52%	+12.48%
2024	+8.34%	+15.89%
2023	+14.69%	+17.96%
2022	-2.69%	-6.96%
2021	+4.70%	+8.00%
2020	+2.04%	+9.32%
2019	+7.54%	+4.30%
2018	-1.63%	N/A

FLBL vs PAUG Drawdown Comparison

The maximum drawdown for FLBL was -19.52%, occurring on Mar 23, 2020. Recovery took 204 trading sessions.

The maximum drawdown for PAUG was -17.88%, occurring on Mar 16, 2020. Recovery took 101 trading sessions.

The current PAUG drawdown is -0.45%.

Rank	FLBL	PAUG
#1	-19.52% Jan 22, 2020 - Nov 10, 2020	-17.88% Feb 20, 2020 - Jul 15, 2020
#2	-6.81% Jan 14, 2022 - Jan 20, 2023	-11.76% Jan 4, 2022 - Jun 12, 2023
#3	-3.91% Feb 18, 2025 - May 9, 2025	-10.45% Feb 19, 2025 - Jun 3, 2025
#4	-3.77% Nov 15, 2018 - Feb 19, 2019	-5.71% Jul 31, 2023 - Nov 20, 2023
#5	-3.18% Jan 23, 2026 - May 12, 2026	-3.96% Feb 25, 2026 - Apr 9, 2026
#6	-2.35% Feb 7, 2023 - Apr 5, 2023	-3.41% Jul 30, 2024 - Aug 15, 2024
#7	-2.14% Feb 26, 2021 - Jun 21, 2021	-3.32% Oct 12, 2020 - Nov 5, 2020
#8	-1.65% Sep 17, 2025 - Jan 23, 2026	-3.20% Aug 28, 2020 - Oct 12, 2020
#9	-1.36% Apr 13, 2023 - Jun 12, 2023	-2.77% Mar 28, 2024 - May 6, 2024
#10	-1.04% Nov 16, 2021 - Dec 30, 2021	-2.14% Aug 30, 2024 - Sep 16, 2024
#11	-1.00% Sep 18, 2023 - Oct 19, 2023	-2.05% Oct 27, 2025 - Nov 28, 2025
#12	-0.86% Jul 30, 2024 - Aug 15, 2024	-2.03% Jun 15, 2023 - Jun 30, 2023
#13	-0.80% Jun 21, 2021 - Aug 27, 2021	-2.03% Aug 1, 2019 - Sep 5, 2019
#14	-0.78% Feb 24, 2021 - Feb 26, 2021	-2.02% Sep 20, 2019 - Oct 16, 2019
#15	-0.72% Mar 21, 2019 - Apr 10, 2019	-1.88% Sep 3, 2021 - Oct 19, 2021