IMAR vs NATO

Comparison between Innovator International Developed Power Buffer ETF March (IMAR, ETF) and THEMES TRANSATLANTIC DEFENSE ETF (NATO, ETF).

IMAR vs NATO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IMAR(ETF)	NATO(ETF)
Net Assets	$102M	$102M
Expense Ratio	0.85%	0.35%
Max Drawdown	9.05%	15.99%
Sharpe Ratio	0.60	0.76
5Y Beta	0.40	0.84
P/E Ratio	N/A	54.73
Forward P/E	N/A	30.08
Debt to Equity	N/A	152.72%
P/S Ratio	N/A	3.18
P/B Ratio	N/A	6.86

Net Assets

Winner

IMAR

$102M

NATO

$102M

Expense Ratio

IMAR

0.85%

Winner

NATO

0.35%

Max Drawdown

Winner

IMAR

9.05%

NATO

15.99%

Sharpe Ratio

IMAR

0.60

Winner

NATO

0.76

5Y Beta

Winner

IMAR

0.40

NATO

0.84

P/E Ratio

IMAR

N/A

NATO

54.73

Forward P/E

IMAR

N/A

NATO

30.08

Debt to Equity

IMAR

N/A

NATO

152.72%

P/S Ratio

IMAR

N/A

NATO

3.18

P/B Ratio

IMAR

N/A

NATO

6.86

IMAR vs NATO - Historical Returns

Returns include dividend reinvestment.

Period	IMAR	NATO
1 month	+1.13%	+1.76%
3 months	+4.40%	-3.93%
6 months	+2.67%	+7.28%
1 year	+8.57%	+18.02%
Max(CAGR)	+8.33%	+31.40%

IMAR

+1.13%

Winner

NATO

+1.76%

Winner

IMAR

+4.40%

NATO

-3.93%

IMAR

+2.67%

Winner

NATO

+7.28%

IMAR

+8.57%

Winner

NATO

+18.02%

Max(CAGR)

IMAR

+8.33%

Winner

NATO

+31.40%

IMAR vs NATO - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	IMAR	NATO
2026	+1.44%	+1.99%
2025	+19.09%	+51.85%
2024	-0.77%	+0.35%

IMAR vs NATO Drawdown Comparison

The maximum drawdown for IMAR was -9.05%, occurring on Apr 7, 2025. Recovery took 149 trading sessions.

The maximum drawdown for NATO was -15.99%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current IMAR drawdown is -0.46%. The current NATO drawdown is -9.97%.

Rank	IMAR	NATO
#1	-9.05% Sep 26, 2024 - May 2, 2025	-15.99% Mar 2, 2026 - Mar 30, 2026
#2	-6.91% Feb 27, 2026 - Mar 27, 2026	-13.28% Mar 19, 2025 - Apr 29, 2025
#3	-4.92% Jul 12, 2024 - Aug 21, 2024	-10.85% Oct 8, 2025 - Jan 5, 2026
#4	-3.33% Mar 27, 2024 - May 9, 2024	-7.21% Nov 11, 2024 - Feb 18, 2025
#5	-2.95% Aug 30, 2024 - Sep 26, 2024	-7.16% Jan 16, 2026 - Feb 20, 2026
#6	-2.77% Nov 12, 2025 - Dec 4, 2025	-4.72% Oct 18, 2024 - Nov 6, 2024
#7	-2.51% Jun 6, 2024 - Jul 11, 2024	-4.03% Mar 5, 2025 - Mar 17, 2025
#8	-2.06% Jul 23, 2025 - Aug 12, 2025	-3.96% Feb 18, 2025 - Feb 28, 2025
#9	-1.67% May 15, 2024 - Jun 5, 2024	-3.23% Jul 23, 2025 - Sep 11, 2025
#10	-1.64% Oct 6, 2025 - Oct 20, 2025	-1.91% Jun 5, 2025 - Jun 26, 2025
#11	-1.42% Aug 22, 2025 - Sep 11, 2025	-1.84% Jun 30, 2025 - Jul 9, 2025
#12	-1.15% Jun 12, 2025 - Jun 26, 2025	-1.79% May 19, 2025 - May 27, 2025
#13	-1.14% Jul 9, 2025 - Jul 23, 2025	-1.55% Jul 18, 2025 - Jul 23, 2025
#14	-1.06% Oct 28, 2025 - Nov 11, 2025	-1.26% Mar 3, 2025 - Mar 5, 2025
#15	-0.74% Mar 7, 2024 - Mar 20, 2024	-1.26% Feb 20, 2026 - Mar 2, 2026