GWX vs PMAY

Comparison between STATE STREET(R) SPDR(R) S&P(R) INTERNATIONAL SMALL CAP ETF (GWX, ETF) and Innovator U.S. Equity Power Buffer ETF - May (PMAY, ETF).

5-Year PerformancePMAY has outperformed GWX, delivering a return of +7.3% compared to +6.3%

GWX vs PMAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GWX(ETF)	PMAY(ETF)
Net Assets	$917M	$917M
Expense Ratio	0.40%	0.79%
Max Drawdown	64.84%	13.05%
Sharpe Ratio	1.44	1.65
5Y Beta	0.71	0.46
5Y Dividends CAGR	3.65%	N/A

Net Assets

GWX

$917M

Winner

PMAY

$917M

Expense Ratio

Winner

GWX

0.40%

PMAY

0.79%

Max Drawdown

GWX

64.84%

Winner

PMAY

13.05%

Sharpe Ratio

GWX

1.44

Winner

PMAY

1.65

5Y Beta

GWX

0.71

Winner

PMAY

0.46

5Y Dividends CAGR

GWX

3.65%

PMAY

N/A

GWX vs PMAY - Historical Returns

Returns include dividend reinvestment.

Period	GWX	PMAY
1 month	-0.50%	+0.84%
3 months	+6.91%	+3.79%
6 months	+13.18%	+4.82%
1 year	+28.96%	+11.01%
5 years(CAGR)	+6.34%	+7.29%
10 years(CAGR)	+7.89%	N/A
Max(CAGR)	+4.74%	+8.31%

GWX

-0.50%

Winner

PMAY

+0.84%

Winner

GWX

+6.91%

PMAY

+3.79%

Winner

GWX

+13.18%

PMAY

+4.82%

Winner

GWX

+28.96%

PMAY

+11.01%

5Y(CAGR)

GWX

+6.34%

Winner

PMAY

+7.29%

10Y(CAGR)

GWX

+7.89%

PMAY

N/A

Max(CAGR)

GWX

+4.74%

Winner

PMAY

+8.31%

GWX vs PMAY - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GWX	PMAY
2026	+10.35%	+4.28%
2025	+35.62%	+10.30%
2024	+1.47%	+14.39%
2023	+10.99%	+12.37%
2022	-20.31%	-8.38%
2021	+10.03%	+7.91%
2020	+12.62%	+11.97%
2019	+17.92%	N/A
2018	-19.91%	N/A
2017	+27.90%	N/A
2016	+8.22%	N/A
2015	+5.86%	N/A
2014	-6.48%	N/A
2013	+19.64%	N/A
2012	+13.12%	N/A
2011	-16.33%	N/A
2010	+21.76%	N/A
2009	+35.68%	N/A
2008	-44.34%	N/A
2007	-1.74%	N/A

GWX vs PMAY Drawdown Comparison

The maximum drawdown for GWX was -63.21%, occurring on Mar 9, 2009. Recovery took 1504 trading sessions.

The maximum drawdown for PMAY was -13.05%, occurring on Sep 30, 2022. Recovery took 421 trading sessions.

The current GWX drawdown is -3.22%. The current PMAY drawdown is -0.35%.

Rank	GWX	PMAY
#1	-63.21% Oct 31, 2007 - Oct 22, 2013	-13.05% Mar 29, 2022 - Dec 1, 2023
#2	-45.26% Jan 26, 2018 - Dec 17, 2020	-9.43% Feb 19, 2025 - May 12, 2025
#3	-34.58% Sep 3, 2021 - Jun 12, 2025	-4.40% Jan 12, 2022 - Mar 28, 2022
#4	-19.35% Jul 3, 2014 - Aug 10, 2016	-3.80% Jul 16, 2024 - Aug 16, 2024
#5	-13.12% Jul 12, 2007 - Oct 29, 2007	-3.70% Jun 8, 2020 - Jul 17, 2020
#6	-11.91% Feb 27, 2026 - May 6, 2026	-2.68% Oct 13, 2020 - Nov 6, 2020
#7	-6.75% May 11, 2026 - Jun 10, 2026	-2.20% May 7, 2021 - May 27, 2021
#8	-6.36% Oct 27, 2025 - Dec 10, 2025	-2.18% Aug 28, 2020 - Oct 9, 2020
#9	-6.21% Jan 22, 2014 - Feb 28, 2014	-2.03% May 11, 2020 - May 18, 2020
#10	-6.15% Sep 28, 2016 - Jan 25, 2017	-1.86% Sep 3, 2021 - Oct 19, 2021
#11	-5.60% Jun 7, 2021 - Sep 1, 2021	-1.85% Jun 2, 2026 - Jun 10, 2026
#12	-4.19% May 7, 2021 - Jun 1, 2021	-1.78% Aug 30, 2024 - Sep 13, 2024
#13	-4.06% Mar 6, 2014 - Jun 5, 2014	-1.65% Jul 9, 2021 - Aug 3, 2021
#14	-3.96% Jan 21, 2021 - Feb 5, 2021	-1.60% Nov 5, 2021 - Dec 23, 2021
#15	-3.87% Oct 22, 2013 - Dec 30, 2013	-1.58% Feb 25, 2026 - Apr 6, 2026