PMAY vs AVK

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

5-Year PerformancePMAY has outperformed AVK, delivering a return of +7.0% compared to +4.6%

PMAY vs AVK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PMAY(ETF)	AVK(ETF)
Net Assets	$596M	$595M
Expense Ratio	0.79%	N/A
Max Drawdown	13.05%	72.63%
Sharpe Ratio	1.54	1.23
5Y Beta	0.46	0.67
5Y Dividends CAGR	N/A	2.16%

Net Assets

Winner

PMAY

$596M

AVK

$595M

Expense Ratio

PMAY

0.79%

AVK

N/A

Max Drawdown

Winner

PMAY

13.05%

AVK

72.63%

Sharpe Ratio

Winner

PMAY

1.54

AVK

1.23

5Y Beta

Winner

PMAY

0.46

AVK

0.67

5Y Dividends CAGR

PMAY

N/A

AVK

2.16%

PMAY vs AVK - Historical Returns

Returns include dividend reinvestment.

Period	PMAY	AVK
1 month	+0.79%	+1.42%
3 months	+2.63%	+6.41%
6 months	+4.01%	+6.14%
1 year	+10.56%	+21.29%
5 years(CAGR)	+6.99%	+4.60%
10 years(CAGR)	N/A	+10.35%
Max(CAGR)	+8.20%	+6.99%

PMAY

+0.79%

Winner

AVK

+1.42%

PMAY

+2.63%

Winner

AVK

+6.41%

PMAY

+4.01%

Winner

AVK

+6.14%

PMAY

+10.56%

Winner

AVK

+21.29%

5Y(CAGR)

Winner

PMAY

+6.99%

AVK

+4.60%

10Y(CAGR)

PMAY

N/A

AVK

+10.35%

Max(CAGR)

Winner

PMAY

+8.20%

AVK

+6.99%

PMAY vs AVK - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	PMAY	AVK
2026	+3.34%	+5.98%
2025	+10.30%	+19.95%
2024	+14.39%	+19.76%
2023	+12.37%	+16.15%
2022	-8.38%	-34.02%
2021	+7.91%	+31.87%
2020	+11.97%	+17.44%
2019	N/A	+33.44%
2018	N/A	-14.12%
2017	N/A	+17.14%
2016	N/A	+17.46%
2015	N/A	-11.00%
2014	N/A	-6.13%
2013	N/A	+21.73%
2012	N/A	+13.22%
2011	N/A	-12.06%
2010	N/A	+25.01%
2009	N/A	+45.72%
2008	N/A	-46.86%
2007	N/A	-9.22%
2006	N/A	+35.65%
2005	N/A	-6.96%
2004	N/A	+9.88%
2003	N/A	+11.70%

PMAY vs AVK Drawdown Comparison

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

The maximum drawdown for AVK was -67.35%, occurring on Dec 15, 2008. Recovery took 920 trading sessions.

The current PMAY drawdown is -1.24%. The current AVK drawdown is -3.71%.

Rank	PMAY	AVK
#1	-13.05% Mar 29, 2022 - Dec 1, 2023	-67.35% Jul 3, 2007 - Feb 25, 2011
#2	-9.43% Feb 19, 2025 - May 12, 2025	-49.75% Feb 20, 2020 - Nov 16, 2020
#3	-4.40% Jan 12, 2022 - Mar 28, 2022	-38.46% Dec 31, 2021 - Jun 26, 2025
#4	-3.80% Jul 16, 2024 - Aug 16, 2024	-36.50% Aug 21, 2014 - May 1, 2017
#5	-3.70% Jun 8, 2020 - Jul 17, 2020	-31.14% Mar 4, 2011 - Apr 26, 2013
#6	-2.68% Oct 13, 2020 - Nov 6, 2020	-21.42% Oct 1, 2018 - Apr 8, 2019
#7	-2.20% May 7, 2021 - May 27, 2021	-17.57% Apr 2, 2004 - Oct 7, 2004
#8	-2.18% Aug 28, 2020 - Oct 9, 2020	-14.24% Jan 28, 2026 - Apr 20, 2026
#9	-2.03% May 11, 2020 - May 18, 2020	-13.93% Jan 3, 2005 - Aug 3, 2005
#10	-1.86% Sep 3, 2021 - Oct 19, 2021	-12.65% May 17, 2013 - Nov 29, 2013
#11	-1.78% Aug 30, 2024 - Sep 13, 2024	-11.33% Sep 6, 2005 - Jan 25, 2006
#12	-1.65% Jul 9, 2021 - Aug 3, 2021	-10.28% Nov 15, 2021 - Dec 23, 2021
#13	-1.60% Nov 5, 2021 - Dec 23, 2021	-9.43% May 28, 2003 - Oct 6, 2003
#14	-1.58% Feb 25, 2026 - Apr 6, 2026	-8.73% Jan 26, 2018 - Aug 9, 2018
#15	-1.24% Jun 2, 2026 - Jun 5, 2026	-8.18% Jul 13, 2021 - Aug 9, 2021