PAUG vs BNO

Comparison between Innovator U.S. Equity Power Buffer ETF - August (PAUG, ETF) and United States Brent Crude Oil Fund (BNO, ETF).

5-Year PerformanceBNO has outperformed PAUG, delivering a return of +22.9% compared to +9.1%

PAUG vs BNO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAUG(ETF)	BNO(ETF)
Net Assets	$885M	$879M
Expense Ratio	0.79%	1.15%
Max Drawdown	17.88%	87.06%
Sharpe Ratio	1.84	1.59
5Y Beta	0.49	0.03

Net Assets

Winner

PAUG

$885M

BNO

$879M

Expense Ratio

Winner

PAUG

0.79%

BNO

1.15%

Max Drawdown

Winner

PAUG

17.88%

BNO

87.06%

Sharpe Ratio

Winner

PAUG

1.84

BNO

1.59

5Y Beta

PAUG

0.49

Winner

BNO

0.03

PAUG vs BNO - Historical Returns

Returns include dividend reinvestment.

Period	PAUG	BNO
1 month	+1.00%	-12.00%
3 months	+4.07%	+27.24%
6 months	+5.04%	+73.97%
1 year	+14.91%	+82.92%
5 years(CAGR)	+9.09%	+22.86%
10 years(CAGR)	N/A	+12.85%
Max(CAGR)	+9.24%	+4.43%

Winner

PAUG

+1.00%

BNO

-12.00%

PAUG

+4.07%

Winner

BNO

+27.24%

PAUG

+5.04%

Winner

BNO

+73.97%

PAUG

+14.91%

Winner

BNO

+82.92%

5Y(CAGR)

PAUG

+9.09%

Winner

BNO

+22.86%

10Y(CAGR)

PAUG

N/A

BNO

+12.85%

Max(CAGR)

Winner

PAUG

+9.24%

BNO

+4.43%

PAUG vs BNO - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	PAUG	BNO
2026	+4.45%	+81.24%
2025	+12.48%	-7.57%
2024	+15.89%	+10.93%
2023	+17.96%	+0.66%
2022	-6.96%	+33.65%
2021	+8.00%	+65.43%
2020	+9.32%	-38.58%
2019	+4.30%	+34.00%
2018	N/A	-15.30%
2017	N/A	+17.61%
2016	N/A	+27.90%
2015	N/A	-44.41%
2014	N/A	-46.69%
2013	N/A	+7.52%
2012	N/A	+5.34%
2011	N/A	+17.93%
2010	N/A	+22.02%

PAUG vs BNO Drawdown Comparison

The maximum drawdown for PAUG was -17.88%, occurring on Mar 16, 2020. Recovery took 101 trading sessions.

The maximum drawdown for BNO was -87.06%, occurring on Apr 28, 2020. Recovery took 2949 trading sessions.

The current PAUG drawdown is -0.42%. The current BNO drawdown is -14.85%.

Rank	PAUG	BNO
#1	-17.88% Feb 20, 2020 - Jul 15, 2020	-87.06% Jun 19, 2014 - Mar 12, 2026
#2	-11.76% Jan 4, 2022 - Jun 12, 2023	-28.37% Mar 1, 2012 - Feb 13, 2013
#3	-10.45% Feb 19, 2025 - Jun 3, 2025	-19.87% Apr 8, 2011 - Feb 21, 2012
#4	-5.71% Jul 31, 2023 - Nov 20, 2023	-16.83% Apr 6, 2026 - Apr 28, 2026
#5	-3.96% Feb 25, 2026 - Apr 9, 2026	-16.52% Feb 14, 2013 - Aug 28, 2013
#6	-3.41% Jul 30, 2024 - Aug 15, 2024	-15.87% May 4, 2026 - May 29, 2026
#7	-3.32% Oct 12, 2020 - Nov 5, 2020	-12.43% Aug 4, 2010 - Oct 1, 2010
#8	-3.20% Aug 28, 2020 - Oct 12, 2020	-9.52% Mar 20, 2026 - Mar 30, 2026
#9	-2.77% Mar 28, 2024 - May 6, 2024	-8.93% Jun 17, 2010 - Aug 2, 2010
#10	-2.14% Aug 30, 2024 - Sep 16, 2024	-8.65% Aug 28, 2013 - Jun 12, 2014
#11	-2.05% Oct 27, 2025 - Nov 28, 2025	-6.80% Nov 10, 2010 - Dec 2, 2010
#12	-2.03% Jun 15, 2023 - Jun 30, 2023	-6.78% Mar 30, 2026 - Apr 2, 2026
#13	-2.03% Aug 1, 2019 - Sep 5, 2019	-6.44% Mar 2, 2011 - Mar 31, 2011
#14	-2.02% Sep 20, 2019 - Oct 16, 2019	-5.03% Oct 6, 2010 - Nov 4, 2010
#15	-1.88% Sep 3, 2021 - Oct 19, 2021	-4.41% Jun 3, 2010 - Jun 10, 2010