HBTA vs UDEC
Comparison between HORIZON EXPEDITION PLUS ETF (HBTA, ETF) and Innovator U.S. Equity Ultra Buffer ETF - December (UDEC, ETF).
HBTA vs UDEC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
HBTA
$247M
UDEC
$247M
Expense Ratio
HBTA
0.86%
Winner
UDEC
0.79%
Max Drawdown
HBTA
26.73%
Winner
UDEC
13.37%
Sharpe Ratio
HBTA
0.85
Winner
UDEC
1.39
5Y Beta
HBTA
1.36
Winner
UDEC
0.42
P/E Ratio
HBTA
29.86
UDEC
N/A
Forward P/E
HBTA
21.83
UDEC
N/A
PEG Ratio
HBTA
0.24
UDEC
N/A
5Y EPS CAGR
HBTA
30.20%
UDEC
N/A
Debt to Equity
HBTA
36.38%
UDEC
N/A
P/S Ratio
HBTA
4.61
UDEC
N/A
P/B Ratio
HBTA
7.24
UDEC
N/A
HBTA vs UDEC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HBTA
+4.19%
UDEC
+2.03%
3M
HBTA
-1.68%
Winner
UDEC
+2.43%
6M
Winner
HBTA
+9.85%
UDEC
+6.40%
1Y
Winner
HBTA
+21.28%
UDEC
+13.72%
5Y(CAGR)
HBTA
N/A
UDEC
+7.48%
Max(CAGR)
Winner
HBTA
+16.36%
UDEC
+7.37%
HBTA vs UDEC - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | HBTA | UDEC |
|---|---|---|
| 2026 | +10.80% | +7.16% |
| 2025 | +14.69% | +13.00% |
| 2024 | N/A | +9.89% |
| 2023 | N/A | +17.36% |
| 2022 | N/A | -9.56% |
| 2021 | N/A | +7.04% |
| 2020 | N/A | +6.31% |
| 2019 | N/A | +1.16% |
HBTA vs UDEC Drawdown Comparison
The maximum drawdown for HBTA was -26.73%, occurring on Apr 8, 2025. Recovery took 93 trading sessions.
The maximum drawdown for UDEC was -13.37%, occurring on Mar 20, 2020. Recovery took 116 trading sessions.
The current HBTA drawdown is -3.46%. The current UDEC drawdown is -0.19%.
| Rank | HBTA | UDEC |
|---|---|---|
| #1 | -26.73% Feb 19, 2025 - Jul 3, 2025 | -13.37% Feb 19, 2020 - Aug 4, 2020 |
| #2 | -13.18% Jan 29, 2026 - Apr 15, 2026 | -10.26% Jan 4, 2022 - Jul 13, 2023 |
| #3 | -11.66% Jun 2, 2026 - Jul 29, 2026 | -8.94% Feb 19, 2025 - Jun 24, 2025 |
| #4 | -7.03% Oct 29, 2025 - Dec 24, 2025 | -8.15% Jul 28, 2023 - Nov 15, 2023 |
| #5 | -3.71% Oct 8, 2025 - Oct 20, 2025 | -4.44% Jan 28, 2026 - Apr 14, 2026 |
| #6 | -3.55% May 14, 2026 - May 26, 2026 | -2.81% Jul 16, 2024 - Aug 15, 2024 |
| #7 | -3.48% Jan 12, 2026 - Jan 29, 2026 | -2.70% Oct 12, 2020 - Nov 5, 2020 |
| #8 | -3.36% Jan 23, 2025 - Feb 14, 2025 | -2.46% Nov 12, 2025 - Nov 25, 2025 |
| #9 | -2.92% Jul 28, 2025 - Aug 8, 2025 | -2.31% Sep 2, 2020 - Oct 9, 2020 |
| #10 | -2.46% Aug 14, 2025 - Aug 27, 2025 | -2.16% Dec 6, 2024 - Jan 21, 2025 |
| #11 | -1.76% Sep 22, 2025 - Oct 6, 2025 | -1.96% Mar 28, 2024 - May 6, 2024 |
| #12 | -1.66% Aug 28, 2025 - Sep 8, 2025 | -1.79% Oct 8, 2025 - Oct 21, 2025 |
| #13 | -1.60% Jul 3, 2025 - Jul 14, 2025 | -1.56% Jun 4, 2026 - Jul 6, 2026 |
| #14 | -1.48% Dec 26, 2025 - Jan 6, 2026 | -1.45% Jul 25, 2025 - Aug 8, 2025 |
| #15 | -1.05% Apr 17, 2026 - Apr 22, 2026 | -1.26% Jul 15, 2026 - Jul 31, 2026 |
Correlation
Correlation between HBTA and UDEC is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
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