PDEC vs PML

Comparison between Innovator U.S. Equity Power Buffer ETF - December (PDEC, ETF) and Pimco Municipal Income Fund II (PML, ETF).

5-Year PerformancePDEC has outperformed PML, delivering a return of +8.8% compared to -8.3%

PDEC vs PML - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PDEC(ETF)	PML(ETF)
Net Assets	$984M	$982M
Expense Ratio	0.79%	N/A
Max Drawdown	19.31%	67.38%
Sharpe Ratio	1.49	0.47
5Y Beta	0.49	0.23
5Y Dividends CAGR	N/A	-7.69%

Net Assets

Winner

PDEC

$984M

PML

$982M

Expense Ratio

PDEC

0.79%

PML

N/A

Max Drawdown

Winner

PDEC

19.31%

PML

67.38%

Sharpe Ratio

Winner

PDEC

1.49

PML

0.47

5Y Beta

PDEC

0.49

Winner

PML

0.23

5Y Dividends CAGR

PDEC

N/A

PML

-7.69%

PDEC vs PML - Historical Returns

Returns include dividend reinvestment.

Period	PDEC	PML
1 month	+1.41%	-1.50%
3 months	+2.77%	+0.22%
6 months	+7.07%	-4.06%
1 year	+14.81%	+8.93%
5 years(CAGR)	+8.77%	-8.29%
10 years(CAGR)	N/A	-0.75%
Max(CAGR)	+8.93%	+3.27%

Winner

PDEC

+1.41%

PML

-1.50%

Winner

PDEC

+2.77%

PML

+0.22%

Winner

PDEC

+7.07%

PML

-4.06%

Winner

PDEC

+14.81%

PML

+8.93%

5Y(CAGR)

Winner

PDEC

+8.77%

PML

-8.29%

10Y(CAGR)

PDEC

N/A

PML

-0.75%

Max(CAGR)

Winner

PDEC

+8.93%

PML

+3.27%

PDEC vs PML - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	PDEC	PML
2026	+7.84%	-0.02%
2025	+13.09%	-1.99%
2024	+9.87%	+2.72%
2023	+17.88%	-5.88%
2022	-6.21%	-33.61%
2021	+10.48%	+7.94%
2020	+8.09%	-5.76%
2019	+1.58%	+23.77%
2018	N/A	+6.86%
2017	N/A	+13.95%
2016	N/A	+2.85%
2015	N/A	+11.28%
2014	N/A	+19.36%
2013	N/A	-15.76%
2012	N/A	+23.74%
2011	N/A	+21.22%
2010	N/A	+1.97%
2009	N/A	+58.75%
2008	N/A	-48.93%
2007	N/A	-3.51%
2006	N/A	+8.14%
2005	N/A	+16.67%
2004	N/A	+10.86%
2003	N/A	+3.77%
2002	N/A	-1.37%

PDEC vs PML Drawdown Comparison

The maximum drawdown for PDEC was -19.31%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The maximum drawdown for PML was -64.33%, occurring on Dec 15, 2008. Recovery took 999 trading sessions.

The current PDEC drawdown is -0.30%. The current PML drawdown is -35.87%.

Rank	PDEC	PML
#1	-19.31% Feb 19, 2020 - Aug 5, 2020	-64.33% Jan 23, 2008 - Jan 9, 2012
#2	-11.53% Jan 3, 2022 - May 18, 2023	-47.94% Aug 2, 2021 - Oct 27, 2023
#3	-10.77% Feb 19, 2025 - Jun 24, 2025	-36.00% Jan 2, 2020 - Feb 9, 2021
#4	-7.90% Jul 31, 2023 - Nov 20, 2023	-20.60% Jan 22, 2013 - Jan 7, 2015
#5	-4.78% Feb 25, 2026 - Apr 14, 2026	-14.66% Jul 7, 2016 - Jul 11, 2017
#6	-2.71% Oct 12, 2020 - Nov 5, 2020	-13.21% May 15, 2007 - Jan 8, 2008
#7	-2.52% Nov 12, 2025 - Nov 25, 2025	-12.24% Mar 24, 2004 - Aug 26, 2004
#8	-2.43% Jul 15, 2024 - Aug 15, 2024	-9.80% Feb 3, 2012 - Jun 11, 2012
#9	-2.06% Dec 6, 2024 - Jan 22, 2025	-9.37% Dec 29, 2005 - Sep 13, 2006
#10	-1.93% Mar 28, 2024 - May 6, 2024	-9.10% Jul 2, 2003 - Jan 9, 2004
#11	-1.88% Jan 21, 2021 - Feb 5, 2021	-8.72% Dec 7, 2017 - May 30, 2018
#12	-1.87% Aug 28, 2020 - Oct 9, 2020	-8.11% Apr 30, 2015 - Oct 20, 2015
#13	-1.67% Jun 2, 2026 - Jul 6, 2026	-6.86% Aug 6, 2019 - Oct 2, 2019
#14	-1.60% May 18, 2023 - Jun 1, 2023	-6.61% Feb 2, 2015 - Apr 30, 2015
#15	-1.47% Jul 25, 2025 - Aug 8, 2025	-6.49% Oct 10, 2002 - Apr 17, 2003

Correlation

Correlation between PDEC and PML is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

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