MLPB vs BDEC

Comparison between UBS AG London Branch (MLPB, ETF) and Innovator U.S. Equity Buffer ETF - December (BDEC, ETF).

5-Year PerformanceMLPB has outperformed BDEC, delivering a return of +21.9% compared to +9.9%

MLPB vs BDEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MLPB(ETF)	BDEC(ETF)
Net Assets	$219M	$219M
Expense Ratio	0.85%	0.79%
Max Drawdown	77.56%	25.60%
Sharpe Ratio	1.33	1.38
5Y Beta	0.46	0.65
5Y Dividends CAGR	13.94%	N/A

Net Assets

MLPB

$219M

Winner

BDEC

$219M

Expense Ratio

MLPB

0.85%

Winner

BDEC

0.79%

Max Drawdown

MLPB

77.56%

Winner

BDEC

25.60%

Sharpe Ratio

MLPB

1.33

Winner

BDEC

1.38

5Y Beta

Winner

MLPB

0.46

BDEC

0.65

5Y Dividends CAGR

MLPB

13.94%

BDEC

N/A

MLPB vs BDEC - Historical Returns

Returns include dividend reinvestment.

Period	MLPB	BDEC
1 month	+8.51%	+0.80%
3 months	+9.25%	+4.99%
6 months	+18.41%	+7.55%
1 year	+26.78%	+17.24%
5 years(CAGR)	+21.95%	+9.94%
10 years(CAGR)	+8.64%	N/A
Max(CAGR)	+7.31%	+11.30%

Winner

MLPB

+8.51%

BDEC

+0.80%

Winner

MLPB

+9.25%

BDEC

+4.99%

Winner

MLPB

+18.41%

BDEC

+7.55%

Winner

MLPB

+26.78%

BDEC

+17.24%

5Y(CAGR)

Winner

MLPB

+21.95%

BDEC

+9.94%

10Y(CAGR)

MLPB

+8.64%

BDEC

N/A

Max(CAGR)

MLPB

+7.31%

Winner

BDEC

+11.30%

MLPB vs BDEC - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	MLPB	BDEC
2026	+23.42%	+7.87%
2025	+5.86%	+15.13%
2024	+25.03%	+12.85%
2023	+23.50%	+20.26%
2022	+26.61%	-9.52%
2021	+39.56%	+16.72%
2020	-31.72%	+12.85%
2019	+4.14%	+2.40%
2018	-8.88%	N/A
2017	-9.78%	N/A
2016	+30.94%	N/A
2015	-26.61%	N/A

MLPB vs BDEC Drawdown Comparison

The maximum drawdown for MLPB was -71.98%, occurring on Mar 18, 2020. Recovery took 1433 trading sessions.

The maximum drawdown for BDEC was -25.60%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

The current MLPB drawdown is -0.95%. The current BDEC drawdown is -0.44%.

Rank	MLPB	BDEC
#1	-71.98% Feb 9, 2017 - Oct 31, 2022	-25.60% Feb 19, 2020 - Aug 6, 2020
#2	-41.60% Oct 9, 2015 - Feb 9, 2017	-16.44% Jan 4, 2022 - Jun 12, 2023
#3	-16.49% Apr 2, 2025 - Jan 16, 2026	-13.95% Feb 19, 2025 - Jun 24, 2025
#4	-10.16% Feb 14, 2023 - Jun 7, 2023	-9.02% Jul 31, 2023 - Dec 1, 2023
#5	-9.62% Nov 29, 2024 - Jan 16, 2025	-6.52% Jan 28, 2026 - Apr 14, 2026
#6	-9.28% May 19, 2026 - Jun 24, 2026	-4.64% Oct 12, 2020 - Nov 6, 2020
#7	-8.16% Jul 22, 2024 - Nov 6, 2024	-4.28% Sep 2, 2020 - Oct 9, 2020
#8	-7.34% Nov 30, 2022 - Jan 12, 2023	-4.08% Jul 16, 2024 - Aug 16, 2024
#9	-6.61% Dec 1, 2023 - Jan 26, 2024	-3.84% Nov 11, 2025 - Nov 26, 2025
#10	-6.39% Apr 3, 2024 - Jun 24, 2024	-2.83% Dec 6, 2024 - Jan 22, 2025
#11	-5.64% Mar 26, 2026 - Apr 30, 2026	-2.79% Mar 28, 2024 - May 7, 2024
#12	-5.48% Feb 18, 2025 - Mar 19, 2025	-2.61% Jan 20, 2021 - Feb 8, 2021
#13	-4.58% Sep 20, 2023 - Oct 16, 2023	-2.46% Jun 2, 2026 - Jul 6, 2026
#14	-3.39% Nov 3, 2023 - Nov 21, 2023	-2.43% Feb 24, 2021 - Mar 11, 2021
#15	-3.29% Feb 5, 2025 - Feb 18, 2025	-2.24% May 7, 2021 - May 27, 2021