GOVZ vs BDEC

Comparison between ISHARES 25+ YEAR TREASURY STRIPS BOND ETF (GOVZ, ETF) and Innovator U.S. Equity Buffer ETF - December (BDEC, ETF).

5-Year PerformanceBDEC has outperformed GOVZ, delivering a return of +10.1% compared to -11.6%

GOVZ vs BDEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GOVZ(ETF)	BDEC(ETF)
Net Assets	$267M	$265M
Expense Ratio	0.10%	0.79%
Max Drawdown	66.13%	25.60%
Sharpe Ratio	0.02	1.65
5Y Beta	0.10	0.64
5Y Dividends CAGR	17.73%	N/A

Net Assets

Winner

GOVZ

$267M

BDEC

$265M

Expense Ratio

Winner

GOVZ

0.10%

BDEC

0.79%

Max Drawdown

GOVZ

66.13%

Winner

BDEC

25.60%

Sharpe Ratio

GOVZ

0.02

Winner

BDEC

1.65

5Y Beta

Winner

GOVZ

0.10

BDEC

0.64

5Y Dividends CAGR

GOVZ

17.73%

BDEC

N/A

GOVZ vs BDEC - Historical Returns

Returns include dividend reinvestment.

Period	GOVZ	BDEC
1 month	+4.92%	+1.57%
3 months	-0.75%	+9.07%
6 months	-0.34%	+8.18%
1 year	+4.05%	+20.78%
5 years(CAGR)	-11.60%	+10.12%
Max(CAGR)	-13.41%	+11.44%

Winner

GOVZ

+4.92%

BDEC

+1.57%

GOVZ

-0.75%

Winner

BDEC

+9.07%

GOVZ

-0.34%

Winner

BDEC

+8.18%

GOVZ

+4.05%

Winner

BDEC

+20.78%

5Y(CAGR)

GOVZ

-11.60%

Winner

BDEC

+10.12%

Max(CAGR)

GOVZ

-13.41%

Winner

BDEC

+11.44%

GOVZ vs BDEC - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	GOVZ	BDEC
2026	+0.06%	+7.59%
2025	-2.00%	+15.13%
2024	-15.35%	+12.85%
2023	-1.66%	+20.26%
2022	-38.84%	-9.52%
2021	-4.48%	+16.72%
2020	-5.61%	+12.85%
2019	N/A	+2.40%

GOVZ vs BDEC Drawdown Comparison

The maximum drawdown for GOVZ was -59.65%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for BDEC was -25.60%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

The current GOVZ drawdown is -56.14%. The current BDEC drawdown is -0.14%.

Rank	GOVZ	BDEC
#1	-59.65% Sep 24, 2020 - Oct 19, 2023	-25.60% Feb 19, 2020 - Aug 6, 2020
#2	N/A	-16.44% Jan 4, 2022 - Jun 12, 2023
#3	N/A	-13.95% Feb 19, 2025 - Jun 24, 2025
#4	N/A	-9.02% Jul 31, 2023 - Dec 1, 2023
#5	N/A	-6.52% Jan 28, 2026 - Apr 14, 2026
#6	N/A	-4.64% Oct 12, 2020 - Nov 6, 2020
#7	N/A	-4.28% Sep 2, 2020 - Oct 9, 2020
#8	N/A	-4.08% Jul 16, 2024 - Aug 16, 2024
#9	N/A	-3.84% Nov 11, 2025 - Nov 26, 2025
#10	N/A	-2.83% Dec 6, 2024 - Jan 22, 2025
#11	N/A	-2.79% Mar 28, 2024 - May 7, 2024
#12	N/A	-2.61% Jan 20, 2021 - Feb 8, 2021
#13	N/A	-2.46% Jun 2, 2026 - Jun 10, 2026
#14	N/A	-2.43% Feb 24, 2021 - Mar 11, 2021
#15	N/A	-2.24% May 7, 2021 - May 27, 2021