ONOF vs BMAY

Comparison between GLOBAL X ADAPTIVE U.S. RISK MANAGEMENT ETF (ONOF, ETF) and Innovator U.S. Equity Buffer ETF - May (BMAY, ETF).

5-Year PerformanceONOF has outperformed BMAY, delivering a return of +8.9% compared to +8.8%

ONOF vs BMAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONOF(ETF)	BMAY(ETF)
Net Assets	$148M	$148M
Expense Ratio	0.39%	0.79%
Max Drawdown	26.71%	17.66%
Sharpe Ratio	1.39	1.66
5Y Beta	0.86	0.60
P/E Ratio	29.58	N/A
Forward P/E	22.35	N/A
5Y EPS CAGR	26.00%	N/A
Debt to Equity	34.03%	N/A
P/S Ratio	3.84	N/A
P/B Ratio	5.78	N/A

Net Assets

Winner

ONOF

$148M

BMAY

$148M

Expense Ratio

Winner

ONOF

0.39%

BMAY

0.79%

Max Drawdown

ONOF

26.71%

Winner

BMAY

17.66%

Sharpe Ratio

ONOF

1.39

Winner

BMAY

1.66

5Y Beta

ONOF

0.86

Winner

BMAY

0.60

P/E Ratio

ONOF

29.58

BMAY

N/A

Forward P/E

ONOF

22.35

BMAY

N/A

5Y EPS CAGR

ONOF

26.00%

BMAY

N/A

Debt to Equity

ONOF

34.03%

BMAY

N/A

P/S Ratio

ONOF

3.84

BMAY

N/A

P/B Ratio

ONOF

5.78

BMAY

N/A

ONOF vs BMAY - Historical Returns

Returns include dividend reinvestment.

Period	ONOF	BMAY
1 month	+2.09%	+1.17%
3 months	+5.33%	+3.65%
6 months	+4.66%	+5.24%
1 year	+21.60%	+13.99%
5 years(CAGR)	+8.85%	+8.80%
Max(CAGR)	+10.10%	+10.72%

Winner

ONOF

+2.09%

BMAY

+1.17%

Winner

ONOF

+5.33%

BMAY

+3.65%

ONOF

+4.66%

Winner

BMAY

+5.24%

Winner

ONOF

+21.60%

BMAY

+13.99%

5Y(CAGR)

Winner

ONOF

+8.85%

BMAY

+8.80%

Max(CAGR)

ONOF

+10.10%

Winner

BMAY

+10.72%

ONOF vs BMAY - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	ONOF	BMAY
2026	+4.89%	+4.49%
2025	+9.04%	+11.18%
2024	+20.01%	+19.63%
2023	+11.58%	+17.04%
2022	-12.03%	-12.80%
2021	+25.19%	+12.40%
2020	N/A	+17.82%

ONOF vs BMAY Drawdown Comparison

The maximum drawdown for ONOF was -26.21%, occurring on Jun 16, 2022. Recovery took 520 trading sessions.

The maximum drawdown for BMAY was -17.66%, occurring on Oct 14, 2022. Recovery took 488 trading sessions.

The current ONOF drawdown is -2.88%. The current BMAY drawdown is -1.62%.

Rank	ONOF	BMAY
#1	-26.21% Dec 29, 2021 - Jan 25, 2024	-17.66% Jan 4, 2022 - Dec 13, 2023
#2	-21.67% Feb 19, 2025 - Sep 15, 2025	-12.75% Feb 19, 2025 - Jun 6, 2025
#3	-8.87% Jul 16, 2024 - Nov 6, 2024	-5.16% Jul 16, 2024 - Aug 19, 2024
#4	-6.86% Jan 12, 2026 - Apr 30, 2026	-4.87% Jun 8, 2020 - Jul 17, 2020
#5	-5.42% Mar 28, 2024 - May 14, 2024	-3.70% Oct 12, 2020 - Nov 5, 2020
#6	-5.40% Sep 3, 2021 - Oct 20, 2021	-3.51% Aug 28, 2020 - Oct 9, 2020
#7	-5.25% Oct 28, 2025 - Dec 11, 2025	-3.01% Sep 3, 2021 - Oct 19, 2021
#8	-5.13% Feb 12, 2021 - Mar 17, 2021	-2.95% Feb 26, 2026 - Apr 8, 2026
#9	-4.41% Nov 17, 2021 - Dec 23, 2021	-2.78% May 11, 2020 - May 18, 2020
#10	-4.36% Dec 6, 2024 - Jan 22, 2025	-2.77% May 7, 2021 - May 28, 2021
#11	-4.27% Jan 21, 2021 - Feb 8, 2021	-2.55% Aug 30, 2024 - Sep 19, 2024
#12	-4.20% Apr 29, 2021 - Jun 4, 2021	-2.38% Jul 12, 2021 - Jul 26, 2021
#13	-2.93% Oct 8, 2025 - Oct 24, 2025	-2.30% Nov 16, 2021 - Dec 10, 2021
#14	-2.88% Jun 2, 2026 - Jun 5, 2026	-1.65% Oct 27, 2025 - Nov 26, 2025
#15	-2.74% Jul 12, 2021 - Jul 23, 2021	-1.62% Jun 4, 2026 - Jun 5, 2026