PY vs BSEP

Comparison between PRINCIPAL VALUE ETF (PY, ETF) and Innovator U.S. Equity Buffer ETF - September (BSEP, ETF).

5-Year PerformanceBSEP has outperformed PY, delivering a return of +10.6% compared to +7.3%

PY vs BSEP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PY(ETF)	BSEP(ETF)
Net Assets	$212M	$212M
Expense Ratio	0.15%	0.79%
Max Drawdown	45.51%	23.98%
Sharpe Ratio	1.03	1.80
5Y Beta	0.77	0.63
P/E Ratio	20.28	N/A
Forward P/E	15.71	N/A
PEG Ratio	0.52	N/A
5Y Dividends CAGR	2.26%	N/A
5Y EPS CAGR	13.77%	N/A
Debt to Equity	55.69%	N/A
P/S Ratio	1.77	N/A
P/B Ratio	3.33	N/A

Net Assets

Winner

$212M

BSEP

$212M

Expense Ratio

Winner

0.15%

BSEP

0.79%

Max Drawdown

45.51%

Winner

BSEP

23.98%

Sharpe Ratio

1.03

Winner

BSEP

1.80

5Y Beta

0.77

Winner

BSEP

0.63

P/E Ratio

20.28

BSEP

N/A

Forward P/E

15.71

BSEP

N/A

PEG Ratio

0.52

BSEP

N/A

5Y Dividends CAGR

2.26%

BSEP

N/A

5Y EPS CAGR

13.77%

BSEP

N/A

Debt to Equity

55.69%

BSEP

N/A

P/S Ratio

1.77

BSEP

N/A

P/B Ratio

3.33

BSEP

N/A

PY vs BSEP - Historical Returns

Returns include dividend reinvestment.

Period	PY	BSEP
1 month	+1.15%	+1.24%
3 months	+2.72%	+5.51%
6 months	+4.52%	+6.12%
1 year	+15.44%	+19.54%
5 years(CAGR)	+7.35%	+10.57%
10 years(CAGR)	+10.66%	N/A
Max(CAGR)	+10.65%	+12.05%

+1.15%

Winner

BSEP

+1.24%

+2.72%

Winner

BSEP

+5.51%

+4.52%

Winner

BSEP

+6.12%

+15.44%

Winner

BSEP

+19.54%

5Y(CAGR)

+7.35%

Winner

BSEP

+10.57%

10Y(CAGR)

+10.66%

BSEP

N/A

Max(CAGR)

+10.65%

Winner

BSEP

+12.05%

PY vs BSEP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	PY	BSEP
2026	+4.13%	+5.71%
2025	+8.05%	+14.88%
2024	+16.72%	+17.47%
2023	+9.40%	+21.06%
2022	-5.17%	-9.50%
2021	+34.81%	+15.70%
2020	+2.72%	+11.86%
2019	+25.50%	+7.23%
2018	-12.94%	N/A
2017	+19.10%	N/A
2016	+14.28%	N/A

PY vs BSEP Drawdown Comparison

The maximum drawdown for PY was -45.44%, occurring on Mar 23, 2020. Recovery took 223 trading sessions.

The maximum drawdown for BSEP was -23.98%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current PY drawdown is -0.84%. The current BSEP drawdown is -0.95%.

Rank	PY	BSEP
#1	-45.44% Jan 17, 2020 - Dec 4, 2020	-23.98% Feb 19, 2020 - Jul 20, 2020
#2	-20.71% Jan 26, 2018 - Nov 5, 2019	-15.02% Jan 4, 2022 - Jun 12, 2023
#3	-17.83% Nov 29, 2024 - Aug 22, 2025	-13.36% Feb 19, 2025 - Jun 24, 2025
#4	-17.72% Jan 14, 2022 - Dec 14, 2023	-7.95% Jul 31, 2023 - Nov 30, 2023
#5	-6.92% May 10, 2021 - Aug 27, 2021	-6.35% Sep 2, 2020 - Nov 9, 2020
#6	-6.46% Nov 12, 2021 - Dec 27, 2021	-5.70% Jan 28, 2026 - Apr 14, 2026
#7	-6.20% Feb 6, 2026 - Apr 30, 2026	-3.91% Jul 16, 2024 - Aug 14, 2024
#8	-6.10% Jul 16, 2024 - Aug 23, 2024	-3.50% Sep 3, 2021 - Oct 20, 2021
#9	-5.67% Mar 28, 2024 - Jul 11, 2024	-3.34% Mar 28, 2024 - May 9, 2024
#10	-5.34% Sep 2, 2021 - Oct 15, 2021	-2.97% Oct 28, 2025 - Dec 3, 2025
#11	-4.61% Mar 1, 2017 - Jul 3, 2017	-2.90% Aug 30, 2024 - Sep 16, 2024
#12	-4.47% Oct 27, 2025 - Dec 10, 2025	-2.68% Sep 12, 2019 - Oct 21, 2019
#13	-4.46% Feb 24, 2021 - Mar 8, 2021	-2.62% Nov 18, 2021 - Dec 10, 2021
#14	-4.32% Aug 23, 2016 - Nov 10, 2016	-2.58% Jan 21, 2021 - Feb 5, 2021
#15	-4.26% Apr 19, 2016 - Jun 6, 2016	-2.42% Feb 16, 2021 - Mar 11, 2021

Correlation

Correlation between PY and BSEP is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2016 - 2026)

PY vs BSEP dividend yield comparison.

Year	PY	BSEP
2026	0.40%	0.00%
2025	2.14%	0.00%
2024	2.22%	0.00%
2023	2.68%	0.00%
2022	3.02%	0.00%
2021	2.83%	0.00%
2020	2.95%	0.00%
2019	2.25%	1.39%
2018	2.34%	0.00%
2017	1.69%	0.00%
2016	1.85%	0.00%