JCE vs UDEC

Comparison between Nuveen Core Equity Alpha Fund (JCE, ETF) and Innovator U.S. Equity Ultra Buffer ETF - December (UDEC, ETF).

5-Year PerformanceJCE has outperformed UDEC, delivering a return of +11.4% compared to +7.2%

JCE vs UDEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JCE(ETF)	UDEC(ETF)
Net Assets	$307M	$307M
Expense Ratio	N/A	0.79%
Max Drawdown	64.90%	13.37%
Sharpe Ratio	0.87	1.71
5Y Beta	0.79	0.42
5Y Dividends CAGR	4.90%	N/A

Net Assets

JCE

$307M

UDEC

$307M

Expense Ratio

JCE

N/A

UDEC

0.79%

Max Drawdown

JCE

64.90%

Winner

UDEC

13.37%

Sharpe Ratio

JCE

0.87

Winner

UDEC

1.71

5Y Beta

JCE

0.79

Winner

UDEC

0.42

5Y Dividends CAGR

JCE

4.90%

UDEC

N/A

JCE vs UDEC - Historical Returns

Returns include dividend reinvestment.

Period	JCE	UDEC
1 month	+0.64%	+0.56%
3 months	+8.57%	+5.14%
6 months	+8.37%	+5.71%
1 year	+18.53%	+16.61%
5 years(CAGR)	+11.40%	+7.15%
10 years(CAGR)	+12.55%	N/A
Max(CAGR)	+9.87%	+7.18%

Winner

JCE

+0.64%

UDEC

+0.56%

Winner

JCE

+8.57%

UDEC

+5.14%

Winner

JCE

+8.37%

UDEC

+5.71%

Winner

JCE

+18.53%

UDEC

+16.61%

5Y(CAGR)

Winner

JCE

+11.40%

UDEC

+7.15%

10Y(CAGR)

JCE

+12.55%

UDEC

N/A

Max(CAGR)

Winner

JCE

+9.87%

UDEC

+7.18%

JCE vs UDEC - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	JCE	UDEC
2026	+6.45%	+4.54%
2025	+11.45%	+13.00%
2024	+28.16%	+9.89%
2023	+12.70%	+17.36%
2022	-12.92%	-9.56%
2021	+50.42%	+7.04%
2020	+3.73%	+6.31%
2019	+30.21%	+1.16%
2018	-10.86%	N/A
2017	+31.07%	N/A
2016	+1.74%	N/A
2015	+0.50%	N/A
2014	+19.62%	N/A
2013	+35.38%	N/A
2012	+14.23%	N/A
2011	+2.56%	N/A
2010	+19.72%	N/A
2009	+32.50%	N/A
2008	-34.35%	N/A
2007	-11.96%	N/A

JCE vs UDEC Drawdown Comparison

The maximum drawdown for JCE was -57.60%, occurring on Mar 9, 2009. Recovery took 951 trading sessions.

The maximum drawdown for UDEC was -13.37%, occurring on Mar 20, 2020. Recovery took 116 trading sessions.

The current JCE drawdown is -1.60%. The current UDEC drawdown is -0.60%.

Rank	JCE	UDEC
#1	-57.60% Apr 19, 2007 - Jan 26, 2011	-13.37% Feb 19, 2020 - Aug 4, 2020
#2	-43.39% Feb 14, 2020 - Jan 20, 2021	-10.26% Jan 4, 2022 - Jul 13, 2023
#3	-30.15% Dec 31, 2021 - Mar 13, 2024	-8.94% Feb 19, 2025 - Jun 24, 2025
#4	-28.91% Aug 8, 2018 - Dec 27, 2019	-8.15% Jul 28, 2023 - Nov 15, 2023
#5	-21.74% Jun 30, 2011 - Feb 7, 2012	-4.44% Jan 28, 2026 - Apr 14, 2026
#6	-19.02% Feb 19, 2025 - Jul 25, 2025	-2.81% Jul 16, 2024 - Aug 15, 2024
#7	-18.87% Mar 23, 2015 - Jul 11, 2016	-2.70% Oct 12, 2020 - Nov 5, 2020
#8	-12.12% Jul 29, 2014 - Nov 20, 2014	-2.46% Nov 12, 2025 - Nov 25, 2025
#9	-11.72% Jul 21, 2016 - Feb 21, 2017	-2.31% Sep 2, 2020 - Oct 9, 2020
#10	-10.87% Jan 27, 2026 - Apr 15, 2026	-2.16% Dec 6, 2024 - Jan 21, 2025
#11	-10.02% Oct 5, 2012 - Jan 16, 2013	-1.96% Mar 28, 2024 - May 6, 2024
#12	-9.26% May 1, 2012 - Sep 12, 2012	-1.79% Oct 8, 2025 - Oct 21, 2025
#13	-9.17% May 21, 2013 - Jul 15, 2013	-1.56% Jun 4, 2026 - Jun 10, 2026
#14	-9.05% Jan 26, 2018 - May 21, 2018	-1.45% Jul 25, 2025 - Aug 8, 2025
#15	-8.34% Jan 21, 2014 - Feb 26, 2014	-1.25% Feb 24, 2021 - Mar 12, 2021