KDEC vs SPXE

Comparison between Innovator U.S. Small Cap Power Buffer ETF December (KDEC, ETF) and PROSHARES S&P 500 EX-ENERGY ETF (SPXE, ETF).

KDEC vs SPXE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KDEC(ETF)	SPXE(ETF)
Net Assets	$84M	$84M
Expense Ratio	0.79%	0.09%
Max Drawdown	16.52%	32.27%
Sharpe Ratio	1.29	1.15
5Y Beta	0.61	0.98
P/E Ratio	N/A	28.60
Forward P/E	N/A	21.10
5Y Dividends CAGR	N/A	8.93%
5Y EPS CAGR	N/A	28.58%
Debt to Equity	N/A	38.44%
P/S Ratio	N/A	3.79
P/B Ratio	N/A	5.71

Net Assets

KDEC

$84M

SPXE

$84M

Expense Ratio

KDEC

0.79%

Winner

SPXE

0.09%

Max Drawdown

Winner

KDEC

16.52%

SPXE

32.27%

Sharpe Ratio

Winner

KDEC

1.29

SPXE

1.15

5Y Beta

Winner

KDEC

0.61

SPXE

0.98

P/E Ratio

KDEC

N/A

SPXE

28.60

Forward P/E

KDEC

N/A

SPXE

21.10

5Y Dividends CAGR

KDEC

N/A

SPXE

8.93%

5Y EPS CAGR

KDEC

N/A

SPXE

28.58%

Debt to Equity

KDEC

N/A

SPXE

38.44%

P/S Ratio

KDEC

N/A

SPXE

3.79

P/B Ratio

KDEC

N/A

SPXE

5.71

KDEC vs SPXE - Historical Returns

Returns include dividend reinvestment.

Period	KDEC	SPXE
1 month	+0.57%	+0.08%
3 months	+4.16%	+4.36%
6 months	+6.67%	+7.09%
1 year	+14.98%	+17.00%
5 years(CAGR)	N/A	+12.00%
10 years(CAGR)	N/A	+15.08%
Max(CAGR)	+7.84%	+15.20%

Winner

KDEC

+0.57%

SPXE

+0.08%

KDEC

+4.16%

Winner

SPXE

+4.36%

KDEC

+6.67%

Winner

SPXE

+7.09%

KDEC

+14.98%

Winner

SPXE

+17.00%

5Y(CAGR)

KDEC

N/A

SPXE

+12.00%

10Y(CAGR)

KDEC

N/A

SPXE

+15.08%

Max(CAGR)

KDEC

+7.84%

Winner

SPXE

+15.20%

KDEC vs SPXE - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	KDEC	SPXE
2026	+10.08%	+8.00%
2025	+6.52%	+18.31%
2024	-4.08%	+26.55%
2023	N/A	+27.91%
2022	N/A	-20.92%
2021	N/A	+29.87%
2020	N/A	+19.36%
2019	N/A	+31.91%
2018	N/A	-5.53%
2017	N/A	+24.01%
2016	N/A	+12.06%
2015	N/A	+7.21%

KDEC vs SPXE Drawdown Comparison

The maximum drawdown for KDEC was -16.52%, occurring on Apr 8, 2025. Recovery took 180 trading sessions.

The maximum drawdown for SPXE was -32.27%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The current KDEC drawdown is -0.63%. The current SPXE drawdown is -2.83%.

Rank	KDEC	SPXE
#1	-16.52% Dec 2, 2024 - Aug 22, 2025	-32.27% Feb 19, 2020 - Aug 5, 2020
#2	-5.38% Jan 22, 2026 - Apr 13, 2026	-26.49% Dec 29, 2021 - Dec 18, 2023
#3	-4.61% Oct 15, 2025 - Dec 11, 2025	-18.90% Feb 19, 2025 - Jun 26, 2025
#4	-2.18% Oct 6, 2025 - Oct 14, 2025	-18.59% Oct 3, 2018 - Apr 8, 2019
#5	-1.85% Dec 11, 2025 - Jan 6, 2026	-11.94% Dec 4, 2015 - Apr 14, 2016
#6	-1.64% May 6, 2026 - May 22, 2026	-10.10% Jan 12, 2026 - Apr 15, 2026
#7	-1.39% Sep 18, 2025 - Oct 3, 2025	-9.17% Sep 2, 2020 - Nov 13, 2020
#8	-1.25% Jun 4, 2026 - Jun 12, 2026	-8.71% Jul 16, 2024 - Sep 19, 2024
#9	-0.68% Apr 27, 2026 - Apr 30, 2026	-7.59% Jan 25, 2018 - Jul 24, 2018
#10	-0.66% Aug 28, 2025 - Sep 4, 2025	-6.63% May 3, 2019 - Jun 20, 2019
#11	-0.64% Jul 6, 2026 - Jul 21, 2026	-5.87% Jul 26, 2019 - Oct 21, 2019
#12	-0.63% Jul 21, 2026 - Jul 23, 2026	-5.74% Mar 28, 2024 - May 15, 2024
#13	-0.60% Jan 16, 2026 - Jan 21, 2026	-5.64% Jun 8, 2016 - Jul 8, 2016
#14	-0.54% Jun 15, 2026 - Jun 18, 2026	-5.55% Sep 3, 2021 - Oct 25, 2021
#15	-0.49% Apr 20, 2026 - Apr 27, 2026	-5.20% Oct 28, 2025 - Dec 11, 2025