PMAY vs NIE

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

5-Year PerformanceNIE has outperformed PMAY, delivering a return of +9.2% compared to +7.1%

PMAY vs NIE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PMAY(ETF)	NIE(ETF)
Net Assets	$807M	$804M
Expense Ratio	0.79%	N/A
Max Drawdown	13.05%	63.84%
Sharpe Ratio	1.22	1.09
5Y Beta	0.46	0.86
5Y Dividends CAGR	N/A	11.38%

Net Assets

Winner

PMAY

$807M

NIE

$804M

Expense Ratio

PMAY

0.79%

NIE

N/A

Max Drawdown

Winner

PMAY

13.05%

NIE

63.84%

Sharpe Ratio

Winner

PMAY

1.22

NIE

1.09

5Y Beta

Winner

PMAY

0.46

NIE

0.86

5Y Dividends CAGR

PMAY

N/A

NIE

11.38%

PMAY vs NIE - Historical Returns

Returns include dividend reinvestment.

Period	PMAY	NIE
1 month	+1.74%	-0.19%
3 months	+1.98%	-0.24%
6 months	+5.05%	+5.78%
1 year	+9.29%	+16.85%
5 years(CAGR)	+7.09%	+9.19%
10 years(CAGR)	N/A	+13.31%
Max(CAGR)	+8.34%	+9.32%

Winner

PMAY

+1.74%

NIE

-0.19%

Winner

PMAY

+1.98%

NIE

-0.24%

PMAY

+5.05%

Winner

NIE

+5.78%

PMAY

+9.29%

Winner

NIE

+16.85%

5Y(CAGR)

PMAY

+7.09%

Winner

NIE

+9.19%

10Y(CAGR)

PMAY

N/A

NIE

+13.31%

Max(CAGR)

PMAY

+8.34%

Winner

NIE

+9.32%

PMAY vs NIE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PMAY	NIE
2026	+6.00%	+7.98%
2025	+10.30%	+15.68%
2024	+14.39%	+30.10%
2023	+12.37%	+25.76%
2022	-8.38%	-27.06%
2021	+7.91%	+19.62%
2020	+11.97%	+32.12%
2019	N/A	+29.25%
2018	N/A	-6.49%
2017	N/A	+21.91%
2016	N/A	+12.12%
2015	N/A	-5.39%
2014	N/A	+13.87%
2013	N/A	+23.03%
2012	N/A	+11.55%
2011	N/A	-9.28%
2010	N/A	+16.88%
2009	N/A	+39.29%
2008	N/A	-37.43%
2007	N/A	-4.09%

PMAY vs NIE Drawdown Comparison

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

The maximum drawdown for NIE was -57.98%, occurring on Nov 20, 2008. Recovery took 855 trading sessions.

The current PMAY drawdown is -0.50%. The current NIE drawdown is -3.76%.

Rank	PMAY	NIE
#1	-13.05% Mar 29, 2022 - Dec 1, 2023	-57.98% Jun 18, 2007 - Nov 5, 2010
#2	-9.43% Feb 19, 2025 - May 12, 2025	-39.10% Feb 19, 2020 - Jul 14, 2020
#3	-4.40% Jan 12, 2022 - Mar 28, 2022	-30.98% Dec 28, 2021 - Mar 26, 2024
#4	-3.80% Jul 16, 2024 - Aug 16, 2024	-24.95% Aug 29, 2018 - Jul 19, 2019
#5	-3.70% Jun 8, 2020 - Jul 17, 2020	-24.08% Apr 6, 2011 - Jan 23, 2013
#6	-2.68% Oct 13, 2020 - Nov 6, 2020	-20.78% Jan 22, 2025 - Jul 21, 2025
#7	-2.20% May 7, 2021 - May 27, 2021	-18.12% Nov 26, 2014 - Jul 8, 2016
#8	-2.18% Aug 28, 2020 - Oct 9, 2020	-10.51% Jul 10, 2024 - Oct 8, 2024
#9	-2.03% May 11, 2020 - May 18, 2020	-9.62% Jan 26, 2018 - Jun 5, 2018
#10	-1.86% Sep 3, 2021 - Oct 19, 2021	-9.59% Feb 17, 2021 - Apr 13, 2021
#11	-1.85% Jun 2, 2026 - Jul 6, 2026	-9.02% Jan 12, 2026 - Apr 14, 2026
#12	-1.78% Aug 30, 2024 - Sep 13, 2024	-8.31% May 21, 2013 - Sep 18, 2013
#13	-1.65% Jul 9, 2021 - Aug 3, 2021	-8.17% Aug 23, 2016 - Dec 20, 2016
#14	-1.60% Nov 5, 2021 - Dec 23, 2021	-7.75% Sep 2, 2020 - Oct 12, 2020
#15	-1.58% Feb 25, 2026 - Apr 6, 2026	-7.01% Sep 18, 2014 - Oct 31, 2014