NSEP vs FIAT

Comparison between Innovator Growth-100 Power Buffer ETF - September (NSEP, ETF) and YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF (FIAT, ETF).

NSEP vs FIAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NSEP(ETF)	FIAT(ETF)
Net Assets	$39M	$39M
Expense Ratio	0.79%	1.05%
Max Drawdown	12.31%	91.39%
Sharpe Ratio	1.68	0.28
5Y Beta	0.59	-1.84

Net Assets

Winner

NSEP

$39M

FIAT

$39M

Expense Ratio

Winner

NSEP

0.79%

FIAT

1.05%

Max Drawdown

Winner

NSEP

12.31%

FIAT

91.39%

Sharpe Ratio

Winner

NSEP

1.68

FIAT

0.28

5Y Beta

NSEP

0.59

Winner

FIAT

-1.84

NSEP vs FIAT - Historical Returns

Returns include dividend reinvestment.

Period	NSEP	FIAT
1 month	+0.81%	+20.49%
3 months	+5.31%	+20.47%
6 months	+6.00%	+37.27%
1 year	+16.49%	+1.25%
Max(CAGR)	+15.06%	-20.95%

NSEP

+0.81%

Winner

FIAT

+20.49%

NSEP

+5.31%

Winner

FIAT

+20.47%

NSEP

+6.00%

Winner

FIAT

+37.27%

Winner

NSEP

+16.49%

FIAT

+1.25%

Max(CAGR)

Winner

NSEP

+15.06%

FIAT

-20.95%

NSEP vs FIAT - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	NSEP	FIAT
2026	+5.89%	+22.44%
2025	+13.85%	-23.87%
2024	+6.14%	-28.97%

NSEP vs FIAT Drawdown Comparison

The maximum drawdown for NSEP was -12.31%, occurring on Apr 8, 2025. Recovery took 69 trading sessions.

The maximum drawdown for FIAT was -70.67%, occurring on Jul 18, 2025. This drawdown has not yet recovered.

The current NSEP drawdown is -0.77%. The current FIAT drawdown is -48.94%.

Rank	NSEP	FIAT
#1	-12.31% Feb 19, 2025 - May 29, 2025	-70.67% Sep 6, 2024 - Jul 18, 2025
#2	-4.66% Jan 28, 2026 - Apr 13, 2026	-15.42% Jul 11, 2024 - Aug 1, 2024
#3	-2.86% Oct 29, 2025 - Dec 2, 2025	-5.43% Aug 12, 2024 - Aug 28, 2024
#4	-1.90% Oct 8, 2025 - Oct 20, 2025	-0.64% Aug 7, 2024 - Aug 12, 2024
#5	-1.69% Dec 16, 2024 - Jan 21, 2025	N/A
#6	-1.44% Oct 29, 2024 - Nov 6, 2024	N/A
#7	-1.35% Dec 10, 2025 - Dec 22, 2025	N/A
#8	-1.32% Nov 8, 2024 - Nov 26, 2024	N/A
#9	-1.29% Jan 23, 2025 - Feb 6, 2025	N/A
#10	-1.29% Sep 3, 2024 - Sep 10, 2024	N/A
#11	-1.22% Jan 12, 2026 - Jan 26, 2026	N/A
#12	-0.87% Sep 30, 2024 - Oct 9, 2024	N/A
#13	-0.81% Oct 22, 2024 - Oct 29, 2024	N/A
#14	-0.77% Jun 1, 2026 - Jun 5, 2026	N/A
#15	-0.76% Jul 28, 2025 - Aug 6, 2025	N/A

Correlation

Correlation between NSEP and FIAT is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101