GAL vs UDEC

Comparison between STATE STREET(R) GLOBAL ALLOCATION ETF (GAL, ETF) and Innovator U.S. Equity Ultra Buffer ETF - December (UDEC, ETF).

5-Year PerformanceUDEC has outperformed GAL, delivering a return of +7.2% compared to +6.9%

GAL vs UDEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GAL(ETF)	UDEC(ETF)
Net Assets	$306M	$307M
Expense Ratio	0.35%	0.79%
Max Drawdown	28.31%	13.37%
Sharpe Ratio	1.47	1.71
5Y Beta	0.54	0.42
5Y Dividends CAGR	16.76%	N/A

Net Assets

GAL

$306M

Winner

UDEC

$307M

Expense Ratio

Winner

GAL

0.35%

UDEC

0.79%

Max Drawdown

GAL

28.31%

Winner

UDEC

13.37%

Sharpe Ratio

GAL

1.47

Winner

UDEC

1.71

5Y Beta

GAL

0.54

Winner

UDEC

0.42

5Y Dividends CAGR

GAL

16.76%

UDEC

N/A

GAL vs UDEC - Historical Returns

Returns include dividend reinvestment.

Period	GAL	UDEC
1 month	+0.72%	+0.56%
3 months	+5.69%	+5.14%
6 months	+9.07%	+5.71%
1 year	+18.42%	+16.61%
5 years(CAGR)	+6.92%	+7.15%
10 years(CAGR)	+8.21%	N/A
Max(CAGR)	+7.36%	+7.18%

Winner

GAL

+0.72%

UDEC

+0.56%

Winner

GAL

+5.69%

UDEC

+5.14%

Winner

GAL

+9.07%

UDEC

+5.71%

Winner

GAL

+18.42%

UDEC

+16.61%

5Y(CAGR)

GAL

+6.92%

Winner

UDEC

+7.15%

10Y(CAGR)

GAL

+8.21%

UDEC

N/A

Max(CAGR)

Winner

GAL

+7.36%

UDEC

+7.18%

GAL vs UDEC - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	GAL	UDEC
2026	+7.11%	+4.54%
2025	+16.22%	+13.00%
2024	+10.70%	+9.89%
2023	+13.44%	+17.36%
2022	-13.47%	-9.56%
2021	+12.77%	+7.04%
2020	+8.67%	+6.31%
2019	+18.85%	+1.16%
2018	-8.11%	N/A
2017	+17.99%	N/A
2016	+3.98%	N/A
2015	-2.42%	N/A
2014	+6.75%	N/A
2013	+11.55%	N/A
2012	+5.60%	N/A

GAL vs UDEC Drawdown Comparison

The maximum drawdown for GAL was -28.31%, occurring on Mar 23, 2020. Recovery took 168 trading sessions.

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

The current GAL drawdown is -1.47%. The current UDEC drawdown is -0.60%.

Rank	GAL	UDEC
#1	-28.31% Feb 12, 2020 - Oct 12, 2020	-13.37% Feb 19, 2020 - Aug 4, 2020
#2	-21.14% Nov 8, 2021 - Mar 7, 2024	-10.26% Jan 4, 2022 - Jul 13, 2023
#3	-14.96% Jan 26, 2018 - Sep 12, 2019	-8.94% Feb 19, 2025 - Jun 24, 2025
#4	-13.25% Apr 27, 2015 - Feb 21, 2017	-8.15% Jul 28, 2023 - Nov 15, 2023
#5	-9.12% Feb 18, 2025 - May 13, 2025	-4.44% Jan 28, 2026 - Apr 14, 2026
#6	-8.02% May 21, 2013 - Sep 18, 2013	-2.81% Jul 16, 2024 - Aug 15, 2024
#7	-7.48% Apr 27, 2012 - Aug 16, 2012	-2.70% Oct 12, 2020 - Nov 5, 2020
#8	-7.11% Sep 3, 2014 - Jan 26, 2015	-2.46% Nov 12, 2025 - Nov 25, 2025
#9	-6.26% Feb 25, 2026 - Apr 15, 2026	-2.31% Sep 2, 2020 - Oct 9, 2020
#10	-4.96% Jul 16, 2024 - Aug 21, 2024	-2.16% Dec 6, 2024 - Jan 21, 2025
#11	-4.73% Jan 22, 2014 - Feb 24, 2014	-1.96% Mar 28, 2024 - May 6, 2024
#12	-4.70% Oct 12, 2020 - Nov 5, 2020	-1.79% Oct 8, 2025 - Oct 21, 2025
#13	-4.39% Oct 17, 2012 - Dec 12, 2012	-1.56% Jun 4, 2026 - Jun 10, 2026
#14	-3.69% Dec 6, 2024 - Feb 13, 2025	-1.45% Jul 25, 2025 - Aug 8, 2025
#15	-3.58% Sep 3, 2021 - Nov 2, 2021	-1.25% Feb 24, 2021 - Mar 12, 2021