PPI vs ZFEB

Comparison between Investment Managers Series Trust II Astoria Real Assets ETF (PPI, ETF) and Innovator Equity Defined Protection ETF 1 Yr February (ZFEB, ETF).

PPI vs ZFEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PPI(ETF)	ZFEB(ETF)
Net Assets	$155M	$155M
Expense Ratio	0.58%	0.79%
Max Drawdown	25.73%	3.00%
Sharpe Ratio	1.29	1.16
5Y Beta	1.20	0.14
P/E Ratio	18.75	N/A
Forward P/E	15.42	N/A
PEG Ratio	0.19	N/A
5Y EPS CAGR	22.47%	N/A
Debt to Equity	104.76%	N/A
P/S Ratio	2.24	N/A
P/B Ratio	3.15	N/A

Net Assets

Winner

PPI

$155M

ZFEB

$155M

Expense Ratio

Winner

PPI

0.58%

ZFEB

0.79%

Max Drawdown

PPI

25.73%

Winner

ZFEB

3.00%

Sharpe Ratio

Winner

PPI

1.29

ZFEB

1.16

5Y Beta

PPI

1.20

Winner

ZFEB

0.14

P/E Ratio

PPI

18.75

ZFEB

N/A

Forward P/E

PPI

15.42

ZFEB

N/A

PEG Ratio

PPI

0.19

ZFEB

N/A

5Y EPS CAGR

PPI

22.47%

ZFEB

N/A

Debt to Equity

PPI

104.76%

ZFEB

N/A

P/S Ratio

PPI

2.24

ZFEB

N/A

P/B Ratio

PPI

3.15

ZFEB

N/A

PPI vs ZFEB - Historical Returns

Returns include dividend reinvestment.

Period	PPI	ZFEB
1 month	-1.53%	+0.46%
3 months	N/A	+1.38%
6 months	N/A	+2.26%
1 year	+37.75%	+6.41%
5 years(CAGR)	+14.02%	N/A
Max(CAGR)	+14.02%	+6.08%

PPI

-1.53%

Winner

ZFEB

+0.46%

PPI

N/A

ZFEB

+1.38%

PPI

N/A

ZFEB

+2.26%

Winner

PPI

+37.75%

ZFEB

+6.41%

5Y(CAGR)

PPI

+14.02%

ZFEB

N/A

Max(CAGR)

Winner

PPI

+14.02%

ZFEB

+6.08%

PPI vs ZFEB - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	PPI	ZFEB
2026	-1.72%	+2.66%
2025	N/A	+6.10%
2024	+13.73%	N/A
2023	+12.51%	N/A
2022	+3.12%	N/A
2021	+0.23%	N/A

PPI vs ZFEB Drawdown Comparison

The maximum drawdown for PPI was -24.56%, occurring on Jul 14, 2022. Recovery took 455 trading sessions.

The maximum drawdown for ZFEB was -3.00%, occurring on Apr 7, 2025. Recovery took 61 trading sessions.

The current PPI drawdown is -1.72%. The current ZFEB drawdown is -0.07%.

Rank	PPI	ZFEB
#1	-24.56% Apr 20, 2022 - Feb 12, 2024	-3.00% Feb 18, 2025 - May 15, 2025
#2	-11.43% Apr 8, 2024 - May 28, 2026	-1.35% Feb 25, 2026 - Apr 14, 2026
#3	-6.82% Jan 14, 2022 - Feb 9, 2022	-0.80% Nov 12, 2025 - Nov 26, 2025
#4	-5.18% Mar 25, 2022 - Apr 20, 2022	-0.50% May 19, 2025 - Jun 3, 2025
#5	-4.27% May 28, 2026 - Jun 10, 2026	-0.47% Jun 1, 2026 - Jun 15, 2026
#6	-3.58% Feb 9, 2022 - Feb 28, 2022	-0.45% Jul 25, 2025 - Aug 8, 2025
#7	-2.85% Mar 2, 2022 - Mar 16, 2022	-0.42% Oct 6, 2025 - Oct 20, 2025
#8	-1.71% Feb 12, 2024 - Feb 15, 2024	-0.35% Feb 2, 2026 - Feb 9, 2026
#9	-1.18% Feb 28, 2022 - Mar 2, 2022	-0.33% Jun 12, 2025 - Jun 23, 2025
#10	-0.87% Mar 7, 2024 - Mar 13, 2024	-0.33% Jun 15, 2026 - Jul 6, 2026
#11	-0.77% Apr 3, 2024 - Apr 5, 2024	-0.30% Aug 28, 2025 - Sep 4, 2025
#12	-0.72% Jan 12, 2022 - Jan 14, 2022	-0.29% Feb 9, 2026 - Feb 25, 2026
#13	-0.58% Jan 4, 2022 - Jan 6, 2022	-0.27% Jul 15, 2026 - Jul 17, 2026
#14	-0.41% Feb 16, 2024 - Feb 21, 2024	-0.26% Oct 27, 2025 - Nov 10, 2025
#15	-0.39% Jan 7, 2022 - Jan 11, 2022	-0.25% Feb 6, 2025 - Feb 13, 2025

Correlation

Correlation between PPI and ZFEB is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

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