HYGW vs ZDEK

Comparison between ISHARES HIGH YIELD CORPORATE BOND BUYWRITE STRATEGY ETF (HYGW, ETF) and Innovator Equity Defined Protection ETF 1 Yr December (ZDEK, ETF).

HYGW vs ZDEK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYGW(ETF)	ZDEK(ETF)
Net Assets	$112M	$112M
Expense Ratio	0.69%	0.79%
Max Drawdown	27.84%	3.40%
Sharpe Ratio	0.70	1.24
5Y Beta	0.16	0.16

Net Assets

HYGW

$112M

Winner

ZDEK

$112M

Expense Ratio

Winner

HYGW

0.69%

ZDEK

0.79%

Max Drawdown

HYGW

27.84%

Winner

ZDEK

3.40%

Sharpe Ratio

HYGW

0.70

Winner

ZDEK

1.24

5Y Beta

Winner

HYGW

0.16

ZDEK

0.16

HYGW vs ZDEK - Historical Returns

Returns include dividend reinvestment.

Period	HYGW	ZDEK
1 month	+1.30%	+0.93%
3 months	+1.76%	+1.37%
6 months	+2.23%	+3.21%
1 year	+6.09%	+7.10%
5 years(CAGR)	+5.88%	N/A
Max(CAGR)	+5.88%	+6.48%

Winner

HYGW

+1.30%

ZDEK

+0.93%

Winner

HYGW

+1.76%

ZDEK

+1.37%

HYGW

+2.23%

Winner

ZDEK

+3.21%

HYGW

+6.09%

Winner

ZDEK

+7.10%

5Y(CAGR)

HYGW

+5.88%

ZDEK

N/A

Max(CAGR)

HYGW

+5.88%

Winner

ZDEK

+6.48%

HYGW vs ZDEK - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	HYGW	ZDEK
2026	+3.26%	+3.85%
2025	+6.12%	+7.71%
2024	+7.01%	-0.38%
2023	+7.10%	N/A
2022	-0.15%	N/A

HYGW vs ZDEK Drawdown Comparison

The maximum drawdown for HYGW was -5.49%, occurring on Sep 27, 2022. Recovery took 92 trading sessions.

The maximum drawdown for ZDEK was -3.40%, occurring on Apr 8, 2025. Recovery took 75 trading sessions.

The current ZDEK drawdown is -0.02%.

Rank	HYGW	ZDEK
#1	-5.49% Aug 25, 2022 - Jan 6, 2023	-3.40% Feb 19, 2025 - Jun 6, 2025
#2	-3.65% Jul 31, 2023 - Jan 8, 2024	-1.51% Feb 25, 2026 - Apr 9, 2026
#3	-3.41% Feb 28, 2025 - Jun 2, 2025	-0.79% Dec 6, 2024 - Jan 21, 2025
#4	-2.90% Feb 2, 2023 - Apr 21, 2023	-0.75% Nov 11, 2025 - Nov 24, 2025
#5	-1.82% Feb 19, 2026 - May 1, 2026	-0.67% Oct 9, 2025 - Oct 20, 2025
#6	-1.33% Apr 8, 2024 - May 21, 2024	-0.63% Jul 25, 2025 - Aug 8, 2025
#7	-0.93% Dec 17, 2024 - Jan 30, 2025	-0.59% Jun 4, 2026 - Jun 15, 2026
#8	-0.92% Aug 1, 2024 - Aug 9, 2024	-0.49% Jun 12, 2025 - Jun 24, 2025
#9	-0.92% Jun 30, 2023 - Jul 12, 2023	-0.49% Aug 13, 2025 - Aug 26, 2025
#10	-0.90% Oct 1, 2025 - Oct 15, 2025	-0.43% Jan 12, 2026 - Jan 26, 2026
#11	-0.90% May 10, 2023 - Jun 2, 2023	-0.42% Jun 15, 2026 - Jul 2, 2026
#12	-0.86% Nov 8, 2024 - Dec 5, 2024	-0.41% Jan 23, 2025 - Feb 10, 2025
#13	-0.68% Nov 11, 2025 - Nov 28, 2025	-0.41% Dec 11, 2025 - Dec 23, 2025
#14	-0.68% Jul 26, 2023 - Jul 31, 2023	-0.41% Jan 28, 2026 - Feb 9, 2026
#15	-0.66% Jun 15, 2023 - Jun 28, 2023	-0.36% Aug 28, 2025 - Sep 4, 2025