FTXO vs UDEC

Comparison between FIRST TRUST NASDAQ BANK ETF (FTXO, ETF) and Innovator U.S. Equity Ultra Buffer ETF - December (UDEC, ETF).

5-Year PerformanceUDEC has outperformed FTXO, delivering a return of +7.1% compared to +6.1%

FTXO vs UDEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTXO(ETF)	UDEC(ETF)
Net Assets	$314M	$312M
Expense Ratio	0.60%	0.79%
Max Drawdown	57.80%	13.37%
Sharpe Ratio	1.15	1.76
5Y Beta	1.02	0.42
P/E Ratio	12.42	N/A
Forward P/E	11.40	N/A
PEG Ratio	0.40	N/A
5Y Dividends CAGR	2.31%	N/A
5Y EPS CAGR	9.89%	N/A
Debt to Equity	67.09%	N/A
P/S Ratio	3.45	N/A
P/B Ratio	1.28	N/A

Net Assets

Winner

FTXO

$314M

UDEC

$312M

Expense Ratio

Winner

FTXO

0.60%

UDEC

0.79%

Max Drawdown

FTXO

57.80%

Winner

UDEC

13.37%

Sharpe Ratio

FTXO

1.15

Winner

UDEC

1.76

5Y Beta

FTXO

1.02

Winner

UDEC

0.42

P/E Ratio

FTXO

12.42

UDEC

N/A

Forward P/E

FTXO

11.40

UDEC

N/A

PEG Ratio

FTXO

0.40

UDEC

N/A

5Y Dividends CAGR

FTXO

2.31%

UDEC

N/A

5Y EPS CAGR

FTXO

9.89%

UDEC

N/A

Debt to Equity

FTXO

67.09%

UDEC

N/A

P/S Ratio

FTXO

3.45

UDEC

N/A

P/B Ratio

FTXO

1.28

UDEC

N/A

FTXO vs UDEC - Historical Returns

Returns include dividend reinvestment.

Period	FTXO	UDEC
1 month	+1.39%	+0.93%
3 months	+6.76%	+3.98%
6 months	+7.85%	+4.40%
1 year	+29.63%	+16.72%
5 years(CAGR)	+6.07%	+7.07%
10 years(CAGR)	+9.58%	N/A
Max(CAGR)	+9.58%	+7.15%

Winner

FTXO

+1.39%

UDEC

+0.93%

Winner

FTXO

+6.76%

UDEC

+3.98%

Winner

FTXO

+7.85%

UDEC

+4.40%

Winner

FTXO

+29.63%

UDEC

+16.72%

5Y(CAGR)

FTXO

+6.07%

Winner

UDEC

+7.07%

10Y(CAGR)

FTXO

+9.58%

UDEC

N/A

Max(CAGR)

Winner

FTXO

+9.58%

UDEC

+7.15%

FTXO vs UDEC - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FTXO	UDEC
2026	+3.05%	+4.11%
2025	+21.84%	+13.00%
2024	+27.87%	+9.89%
2023	-0.08%	+17.36%
2022	-20.09%	-9.56%
2021	+40.98%	+7.04%
2020	-13.08%	+6.31%
2019	+27.81%	+1.16%
2018	-21.97%	N/A
2017	+13.86%	N/A
2016	+26.36%	N/A

FTXO vs UDEC Drawdown Comparison

The maximum drawdown for FTXO was -55.24%, occurring on Mar 23, 2020. Recovery took 742 trading sessions.

The maximum drawdown for UDEC was -13.37%, occurring on Mar 20, 2020. Recovery took 116 trading sessions.

The current FTXO drawdown is -4.80%. The current UDEC drawdown is -1.01%.

Rank	FTXO	UDEC
#1	-55.24% Mar 9, 2018 - Feb 19, 2021	-13.37% Feb 19, 2020 - Aug 4, 2020
#2	-46.57% Jan 14, 2022 - Nov 6, 2024	-10.26% Jan 4, 2022 - Jul 13, 2023
#3	-25.83% Nov 25, 2024 - Jul 3, 2025	-8.94% Feb 19, 2025 - Jun 24, 2025
#4	-16.69% Feb 6, 2026 - Mar 13, 2026	-8.15% Jul 28, 2023 - Nov 15, 2023
#5	-14.20% Jun 1, 2021 - Sep 27, 2021	-4.44% Jan 28, 2026 - Apr 14, 2026
#6	-12.81% Mar 1, 2017 - Oct 26, 2017	-2.81% Jul 16, 2024 - Aug 15, 2024
#7	-11.30% Oct 22, 2021 - Jan 6, 2022	-2.70% Oct 12, 2020 - Nov 5, 2020
#8	-9.10% Sep 18, 2025 - Dec 3, 2025	-2.46% Nov 12, 2025 - Nov 25, 2025
#9	-8.07% Feb 1, 2018 - Mar 9, 2018	-2.31% Sep 2, 2020 - Oct 9, 2020
#10	-7.91% Mar 12, 2021 - Apr 29, 2021	-2.16% Dec 6, 2024 - Jan 21, 2025
#11	-6.43% Jul 23, 2025 - Aug 22, 2025	-1.96% Mar 28, 2024 - May 6, 2024
#12	-5.36% Feb 24, 2021 - Mar 8, 2021	-1.79% Oct 8, 2025 - Oct 21, 2025
#13	-5.00% Oct 27, 2017 - Nov 29, 2017	-1.45% Jul 25, 2025 - Aug 8, 2025
#14	-4.45% Jan 4, 2017 - Jan 25, 2017	-1.25% Feb 24, 2021 - Mar 12, 2021
#15	-4.08% Jan 6, 2026 - Feb 3, 2026	-1.13% Dec 11, 2025 - Dec 22, 2025