NIE vs PMAY

Comparison between Virtus Equity & Convertible Income Fund (NIE, ETF) and Innovator U.S. Equity Power Buffer ETF - May (PMAY, ETF).

5-Year PerformanceNIE has outperformed PMAY, delivering a return of +9.2% compared to +7.1%

NIE vs PMAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NIE(ETF)	PMAY(ETF)
Net Assets	$804M	$807M
Expense Ratio	N/A	0.79%
Max Drawdown	63.84%	13.05%
Sharpe Ratio	1.09	1.22
5Y Beta	0.86	0.46
5Y Dividends CAGR	11.38%	N/A

Net Assets

NIE

$804M

Winner

PMAY

$807M

Expense Ratio

NIE

N/A

PMAY

0.79%

Max Drawdown

NIE

63.84%

Winner

PMAY

13.05%

Sharpe Ratio

NIE

1.09

Winner

PMAY

1.22

5Y Beta

NIE

0.86

Winner

PMAY

0.46

5Y Dividends CAGR

NIE

11.38%

PMAY

N/A

NIE vs PMAY - Historical Returns

Returns include dividend reinvestment.

Period	NIE	PMAY
1 month	-0.19%	+1.74%
3 months	-0.24%	+1.98%
6 months	+5.78%	+5.05%
1 year	+16.85%	+9.29%
5 years(CAGR)	+9.19%	+7.09%
10 years(CAGR)	+13.31%	N/A
Max(CAGR)	+9.32%	+8.34%

NIE

-0.19%

Winner

PMAY

+1.74%

NIE

-0.24%

Winner

PMAY

+1.98%

Winner

NIE

+5.78%

PMAY

+5.05%

Winner

NIE

+16.85%

PMAY

+9.29%

5Y(CAGR)

Winner

NIE

+9.19%

PMAY

+7.09%

10Y(CAGR)

NIE

+13.31%

PMAY

N/A

Max(CAGR)

Winner

NIE

+9.32%

PMAY

+8.34%

NIE vs PMAY - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	NIE	PMAY
2026	+7.98%	+6.00%
2025	+15.68%	+10.30%
2024	+30.10%	+14.39%
2023	+25.76%	+12.37%
2022	-27.06%	-8.38%
2021	+19.62%	+7.91%
2020	+32.12%	+11.97%
2019	+29.25%	N/A
2018	-6.49%	N/A
2017	+21.91%	N/A
2016	+12.12%	N/A
2015	-5.39%	N/A
2014	+13.87%	N/A
2013	+23.03%	N/A
2012	+11.55%	N/A
2011	-9.28%	N/A
2010	+16.88%	N/A
2009	+39.29%	N/A
2008	-37.43%	N/A
2007	-4.09%	N/A

NIE vs PMAY Drawdown Comparison

The maximum drawdown for NIE was -57.98%, occurring on Nov 20, 2008. Recovery took 855 trading sessions.

The maximum drawdown for PMAY was -13.05%, occurring on Sep 30, 2022. Recovery took 421 trading sessions.

The current NIE drawdown is -3.76%. The current PMAY drawdown is -0.50%.

Rank	NIE	PMAY
#1	-57.98% Jun 18, 2007 - Nov 5, 2010	-13.05% Mar 29, 2022 - Dec 1, 2023
#2	-39.10% Feb 19, 2020 - Jul 14, 2020	-9.43% Feb 19, 2025 - May 12, 2025
#3	-30.98% Dec 28, 2021 - Mar 26, 2024	-4.40% Jan 12, 2022 - Mar 28, 2022
#4	-24.95% Aug 29, 2018 - Jul 19, 2019	-3.80% Jul 16, 2024 - Aug 16, 2024
#5	-24.08% Apr 6, 2011 - Jan 23, 2013	-3.70% Jun 8, 2020 - Jul 17, 2020
#6	-20.78% Jan 22, 2025 - Jul 21, 2025	-2.68% Oct 13, 2020 - Nov 6, 2020
#7	-18.12% Nov 26, 2014 - Jul 8, 2016	-2.20% May 7, 2021 - May 27, 2021
#8	-10.51% Jul 10, 2024 - Oct 8, 2024	-2.18% Aug 28, 2020 - Oct 9, 2020
#9	-9.62% Jan 26, 2018 - Jun 5, 2018	-2.03% May 11, 2020 - May 18, 2020
#10	-9.59% Feb 17, 2021 - Apr 13, 2021	-1.86% Sep 3, 2021 - Oct 19, 2021
#11	-9.02% Jan 12, 2026 - Apr 14, 2026	-1.85% Jun 2, 2026 - Jul 6, 2026
#12	-8.31% May 21, 2013 - Sep 18, 2013	-1.78% Aug 30, 2024 - Sep 13, 2024
#13	-8.17% Aug 23, 2016 - Dec 20, 2016	-1.65% Jul 9, 2021 - Aug 3, 2021
#14	-7.75% Sep 2, 2020 - Oct 12, 2020	-1.60% Nov 5, 2021 - Dec 23, 2021
#15	-7.01% Sep 18, 2014 - Oct 31, 2014	-1.58% Feb 25, 2026 - Apr 6, 2026