PSTP vs FIAX
Comparison between Innovator Power Buffer Step-Up Strategy ETF (PSTP, ETF) and NICHOLAS FIXED INCOME ALTERNATIVE ETF (FIAX, ETF).
PSTP vs FIAX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PSTP
$132M
FIAX
$132M
Expense Ratio
Winner
PSTP
0.89%
FIAX
0.97%
Max Drawdown
Winner
PSTP
12.46%
FIAX
13.81%
Sharpe Ratio
Winner
PSTP
0.74
FIAX
0.03
5Y Beta
PSTP
0.52
Winner
FIAX
0.15
PSTP vs FIAX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PSTP
+0.41%
FIAX
+0.05%
3M
Winner
PSTP
+2.27%
FIAX
+0.53%
6M
Winner
PSTP
+3.20%
FIAX
+1.55%
1Y
Winner
PSTP
+8.30%
FIAX
+3.83%
5Y(CAGR)
PSTP
+8.60%
FIAX
N/A
Max(CAGR)
Winner
PSTP
+8.60%
FIAX
+3.17%
PSTP vs FIAX - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | PSTP | FIAX |
|---|---|---|
| 2026 | +3.58% | +1.36% |
| 2025 | +10.45% | +2.71% |
| 2024 | +13.77% | +4.87% |
| 2023 | +13.73% | +3.44% |
| 2022 | -2.80% | -0.30% |
PSTP vs FIAX Drawdown Comparison
The maximum drawdown for PSTP was -12.46%, occurring on Oct 12, 2022. Recovery took 303 trading sessions.
The maximum drawdown for FIAX was -6.26%, occurring on Apr 21, 2025. Recovery took 229 trading sessions.
The current PSTP drawdown is -0.96%. The current FIAX drawdown is -0.63%.
| Rank | PSTP | FIAX |
|---|---|---|
| #1 | -12.46% Mar 29, 2022 - Jun 13, 2023 | -6.26% Dec 11, 2024 - Nov 11, 2025 |
| #2 | -10.38% Feb 19, 2025 - Jun 10, 2025 | -2.97% Aug 31, 2023 - Dec 8, 2023 |
| #3 | -5.78% Jul 28, 2023 - Dec 11, 2023 | -2.40% Feb 10, 2026 - Apr 15, 2026 |
| #4 | -5.11% Feb 9, 2026 - Apr 17, 2026 | -1.98% Nov 7, 2024 - Nov 29, 2024 |
| #5 | -4.29% Jul 16, 2024 - Aug 19, 2024 | -1.71% Feb 1, 2024 - May 15, 2024 |
| #6 | -2.67% Oct 28, 2025 - Dec 3, 2025 | -1.52% Dec 1, 2022 - Feb 23, 2023 |
| #7 | -2.23% Mar 28, 2024 - May 7, 2024 | -1.52% May 6, 2026 - Jun 16, 2026 |
| #8 | -2.02% Aug 30, 2024 - Sep 16, 2024 | -1.21% Oct 14, 2024 - Nov 7, 2024 |
| #9 | -1.84% Jun 2, 2026 - Jul 6, 2026 | -1.14% Jan 15, 2026 - Feb 9, 2026 |
| #10 | -1.77% Dec 6, 2024 - Jan 21, 2025 | -1.12% Nov 11, 2025 - Nov 26, 2025 |
| #11 | -1.44% Oct 18, 2024 - Nov 6, 2024 | -1.08% Aug 23, 2024 - Sep 13, 2024 |
| #12 | -1.43% Jan 28, 2026 - Feb 9, 2026 | -0.93% Jul 31, 2024 - Aug 13, 2024 |
| #13 | -1.42% Jan 12, 2026 - Jan 28, 2026 | -0.71% Sep 19, 2024 - Oct 14, 2024 |
| #14 | -1.41% Mar 9, 2022 - Mar 16, 2022 | -0.69% Aug 14, 2023 - Aug 28, 2023 |
| #15 | -1.30% Dec 11, 2025 - Dec 23, 2025 | -0.65% Apr 17, 2026 - May 6, 2026 |
Correlation
Correlation between PSTP and FIAX is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Select Stocks to Compare
Popular: PSTP vs SPYFIAX vs SPY
More Comparisons
Compare with similar stocks