FMED vs DDFS

Comparison between FIDELITY DISRUPTIVE MEDICINE ETF (FMED, ETF) and Innovator Equity Dual Directional 15 Buffer ETF September (DDFS, ETF).

FMED vs DDFS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMED(ETF)	DDFS(ETF)
Net Assets	$46M	$45M
Expense Ratio	0.50%	0.79%
Max Drawdown	21.84%	2.29%
Sharpe Ratio	1.26	1.28
5Y Beta	0.79	0.24
P/E Ratio	-35.68	N/A
Forward P/E	15.62	N/A
5Y EPS CAGR	-1.50%	N/A
Debt to Equity	11.83%	N/A
P/S Ratio	6.00	N/A
P/B Ratio	5.60	N/A

Net Assets

Winner

FMED

$46M

DDFS

$45M

Expense Ratio

Winner

FMED

0.50%

DDFS

0.79%

Max Drawdown

FMED

21.84%

Winner

DDFS

2.29%

Sharpe Ratio

FMED

1.26

Winner

DDFS

1.28

5Y Beta

FMED

0.79

Winner

DDFS

0.24

P/E Ratio

FMED

-35.68

DDFS

N/A

Forward P/E

FMED

15.62

DDFS

N/A

5Y EPS CAGR

FMED

-1.50%

DDFS

N/A

Debt to Equity

FMED

11.83%

DDFS

N/A

P/S Ratio

FMED

6.00

DDFS

N/A

P/B Ratio

FMED

5.60

DDFS

N/A

FMED vs DDFS - Historical Returns

Returns include dividend reinvestment.

Period	FMED	DDFS
1 month	+13.79%	+0.92%
3 months	+30.35%	+1.78%
6 months	+23.14%	+4.41%
1 year	+32.80%	+8.55%
Max(CAGR)	+8.07%	+8.79%

Winner

FMED

+13.79%

DDFS

+0.92%

Winner

FMED

+30.35%

DDFS

+1.78%

Winner

FMED

+23.14%

DDFS

+4.41%

Winner

FMED

+32.80%

DDFS

+8.55%

Max(CAGR)

FMED

+8.07%

Winner

DDFS

+8.79%

FMED vs DDFS - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	FMED	DDFS
2026	+19.99%	+5.20%
2025	+9.24%	+3.29%
2024	+2.42%	N/A
2023	-4.20%	N/A

FMED vs DDFS Drawdown Comparison

The maximum drawdown for FMED was -21.84%, occurring on Oct 30, 2023. Recovery took 151 trading sessions.

The maximum drawdown for DDFS was -2.29%, occurring on Mar 30, 2026. Recovery took 29 trading sessions.

The current FMED drawdown is -1.90%.

Rank	FMED	DDFS
#1	-21.84% Jul 21, 2023 - Feb 27, 2024	-2.29% Feb 25, 2026 - Apr 8, 2026
#2	-19.46% Jan 30, 2025 - Oct 27, 2025	-1.62% Oct 27, 2025 - Dec 9, 2025
#3	-18.33% Nov 28, 2025 - Jul 1, 2026	-0.96% Sep 30, 2025 - Oct 23, 2025
#4	-8.49% Feb 27, 2024 - Aug 21, 2024	-0.66% Feb 2, 2026 - Feb 9, 2026
#5	-7.13% Sep 19, 2024 - Dec 4, 2024	-0.58% Jan 12, 2026 - Jan 27, 2026
#6	-7.01% Jul 9, 2026 - Aug 10, 2026	-0.56% Feb 9, 2026 - Feb 25, 2026
#7	-6.80% Dec 4, 2024 - Jan 30, 2025	-0.46% Jun 1, 2026 - Jun 15, 2026
#8	-4.70% Oct 27, 2025 - Nov 11, 2025	-0.43% Sep 22, 2025 - Sep 30, 2025
#9	-4.36% Jun 13, 2023 - Jul 21, 2023	-0.43% Dec 11, 2025 - Dec 19, 2025
#10	-2.36% Aug 19, 2026 - Aug 20, 2026	-0.41% Jun 16, 2026 - Jul 1, 2026
#11	-1.91% Aug 29, 2024 - Sep 12, 2024	-0.31% Sep 15, 2025 - Sep 22, 2025
#12	-1.40% Jul 7, 2026 - Jul 9, 2026	-0.26% Jul 21, 2026 - Jul 31, 2026
#13	-1.33% Nov 12, 2025 - Nov 19, 2025	-0.26% Dec 26, 2025 - Jan 6, 2026
#14	-0.82% Sep 16, 2024 - Sep 19, 2024	-0.23% Jan 27, 2026 - Feb 2, 2026
#15	-0.82% Aug 12, 2026 - Aug 17, 2026	-0.19% Apr 17, 2026 - Apr 24, 2026