NDEC vs SPXN

Comparison between Innovator Growth100 Power Buffer ETF December (NDEC, ETF) and PROSHARES S&P 500 EX-FINANCIALS ETF (SPXN, ETF).

NDEC vs SPXN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NDEC(ETF)	SPXN(ETF)
Net Assets	$78M	$77M
Expense Ratio	0.79%	0.09%
Max Drawdown	12.98%	32.10%
Sharpe Ratio	1.21	1.16
5Y Beta	0.62	1.01
P/E Ratio	N/A	31.10
Forward P/E	N/A	22.21
5Y Dividends CAGR	N/A	10.15%
5Y EPS CAGR	N/A	28.11%
Debt to Equity	N/A	26.50%
P/S Ratio	N/A	3.72
P/B Ratio	N/A	7.06

Net Assets

Winner

NDEC

$78M

SPXN

$77M

Expense Ratio

NDEC

0.79%

Winner

SPXN

0.09%

Max Drawdown

Winner

NDEC

12.98%

SPXN

32.10%

Sharpe Ratio

Winner

NDEC

1.21

SPXN

1.16

5Y Beta

Winner

NDEC

0.62

SPXN

1.01

P/E Ratio

NDEC

N/A

SPXN

31.10

Forward P/E

NDEC

N/A

SPXN

22.21

5Y Dividends CAGR

NDEC

N/A

SPXN

10.15%

5Y EPS CAGR

NDEC

N/A

SPXN

28.11%

Debt to Equity

NDEC

N/A

SPXN

26.50%

P/S Ratio

NDEC

N/A

SPXN

3.72

P/B Ratio

NDEC

N/A

SPXN

7.06

NDEC vs SPXN - Historical Returns

Returns include dividend reinvestment.

Period	NDEC	SPXN
1 month	+0.05%	-0.07%
3 months	+3.32%	+3.89%
6 months	+6.11%	+7.72%
1 year	+13.38%	+19.70%
5 years(CAGR)	N/A	+12.84%
10 years(CAGR)	N/A	+15.14%
Max(CAGR)	+12.64%	+15.49%

Winner

NDEC

+0.05%

SPXN

-0.07%

NDEC

+3.32%

Winner

SPXN

+3.89%

NDEC

+6.11%

Winner

SPXN

+7.72%

NDEC

+13.38%

Winner

SPXN

+19.70%

5Y(CAGR)

NDEC

N/A

SPXN

+12.84%

10Y(CAGR)

NDEC

N/A

SPXN

+15.14%

Max(CAGR)

NDEC

+12.64%

Winner

SPXN

+15.49%

NDEC vs SPXN - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	NDEC	SPXN
2026	+7.16%	+9.44%
2025	+13.83%	+18.96%
2024	-0.08%	+25.34%
2023	N/A	+29.18%
2022	N/A	-19.22%
2021	N/A	+28.89%
2020	N/A	+21.06%
2019	N/A	+30.83%
2018	N/A	-3.87%
2017	N/A	+20.84%
2016	N/A	+9.38%
2015	N/A	+8.82%

NDEC vs SPXN Drawdown Comparison

The maximum drawdown for NDEC was -12.98%, occurring on Apr 8, 2025. Recovery took 72 trading sessions.

The maximum drawdown for SPXN was -32.10%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current NDEC drawdown is -1.32%. The current SPXN drawdown is -4.21%.

Rank	NDEC	SPXN
#1	-12.98% Feb 19, 2025 - Jun 3, 2025	-32.10% Feb 19, 2020 - Jul 20, 2020
#2	-6.19% Jan 28, 2026 - Apr 14, 2026	-24.46% Dec 29, 2021 - Dec 8, 2023
#3	-2.20% Dec 17, 2024 - Jan 22, 2025	-19.56% Feb 19, 2025 - Jun 26, 2025
#4	-2.18% Jun 2, 2026 - Jul 10, 2026	-18.59% Sep 26, 2018 - Apr 1, 2019
#5	-2.08% Dec 10, 2025 - Dec 24, 2025	-11.83% Dec 22, 2015 - May 11, 2016
#6	-1.64% Jan 9, 2026 - Jan 26, 2026	-9.77% Sep 2, 2020 - Nov 16, 2020
#7	-1.53% Jan 23, 2025 - Feb 6, 2025	-9.26% Jan 28, 2026 - Apr 14, 2026
#8	-1.32% Jul 10, 2026 - Jul 23, 2026	-9.22% Jul 16, 2024 - Sep 19, 2024
#9	-1.12% Jul 28, 2025 - Aug 6, 2025	-7.06% Apr 30, 2019 - Jun 20, 2019
#10	-1.07% Nov 3, 2025 - Nov 24, 2025	-6.25% Mar 9, 2018 - Jun 4, 2018
#11	-1.05% Oct 8, 2025 - Oct 20, 2025	-5.94% Jul 26, 2019 - Oct 25, 2019
#12	-0.96% Aug 12, 2025 - Aug 28, 2025	-5.72% Sep 3, 2021 - Oct 26, 2021
#13	-0.85% Dec 24, 2025 - Jan 9, 2026	-5.56% Oct 29, 2025 - Jan 9, 2026
#14	-0.73% Jun 10, 2025 - Jun 16, 2025	-5.50% Mar 28, 2024 - May 14, 2024
#15	-0.70% Aug 28, 2025 - Sep 4, 2025	-5.33% Feb 12, 2021 - Mar 29, 2021