QBUF vs FEMR

Comparison between Innovator Nasdaq-100 10 Buffer ETF Quarterly (QBUF, ETF) and FIDELITY ENHANCED EMERGING MARKETS ETF (FEMR, ETF).

QBUF vs FEMR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QBUF(ETF)	FEMR(ETF)
Net Assets	$158M	$158M
Expense Ratio	0.79%	0.38%
Max Drawdown	8.84%	15.87%
Sharpe Ratio	0.87	1.39
5Y Beta	0.44	0.90

Net Assets

QBUF

$158M

FEMR

$158M

Expense Ratio

QBUF

0.79%

Winner

FEMR

0.38%

Max Drawdown

Winner

QBUF

8.84%

FEMR

15.87%

Sharpe Ratio

QBUF

0.87

Winner

FEMR

1.39

5Y Beta

Winner

QBUF

0.44

FEMR

0.90

QBUF vs FEMR - Historical Returns

Returns include dividend reinvestment.

Period	QBUF	FEMR
1 month	-2.05%	-4.14%
3 months	-0.43%	+6.78%
6 months	+2.00%	+13.48%
1 year	+7.92%	+40.24%
Max(CAGR)	+9.64%	+35.16%

Winner

QBUF

-2.05%

FEMR

-4.14%

QBUF

-0.43%

Winner

FEMR

+6.78%

QBUF

+2.00%

Winner

FEMR

+13.48%

QBUF

+7.92%

Winner

FEMR

+40.24%

Max(CAGR)

QBUF

+9.64%

Winner

FEMR

+35.16%

QBUF vs FEMR - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	QBUF	FEMR
2026	+2.76%	+21.18%
2025	+10.95%	+35.67%
2024	+5.92%	-1.49%

QBUF vs FEMR Drawdown Comparison

The maximum drawdown for QBUF was -8.84%, occurring on Apr 8, 2025. Recovery took 57 trading sessions.

The maximum drawdown for FEMR was -15.58%, occurring on Apr 8, 2025. Recovery took 34 trading sessions.

The current QBUF drawdown is -2.15%. The current FEMR drawdown is -9.68%.

Rank	QBUF	FEMR
#1	-8.84% Feb 20, 2025 - May 13, 2025	-15.58% Mar 17, 2025 - May 5, 2025
#2	-5.62% Jul 10, 2024 - Sep 25, 2024	-14.46% Feb 25, 2026 - Apr 17, 2026
#3	-2.31% Nov 3, 2025 - Nov 28, 2025	-11.96% Jun 22, 2026 - Jul 20, 2026
#4	-2.15% Jun 29, 2026 - Jul 23, 2026	-9.08% Jun 2, 2026 - Jun 18, 2026
#5	-2.09% Jan 28, 2026 - Apr 8, 2026	-7.27% Dec 9, 2024 - Feb 13, 2025
#6	-1.53% Dec 11, 2025 - Dec 22, 2025	-5.54% Oct 29, 2025 - Dec 29, 2025
#7	-1.47% Dec 26, 2025 - Jan 28, 2026	-5.41% May 11, 2026 - May 26, 2026
#8	-1.35% Oct 8, 2025 - Oct 20, 2025	-4.77% Feb 20, 2025 - Mar 17, 2025
#9	-1.17% Jan 22, 2025 - Feb 6, 2025	-4.49% Jan 28, 2026 - Feb 11, 2026
#10	-1.17% Oct 29, 2024 - Nov 6, 2024	-4.49% Oct 6, 2025 - Oct 20, 2025
#11	-1.14% Nov 8, 2024 - Nov 26, 2024	-3.47% Jul 23, 2025 - Aug 12, 2025
#12	-1.07% Jan 6, 2025 - Jan 15, 2025	-2.45% Jun 12, 2025 - Jun 24, 2025
#13	-0.82% Jul 28, 2025 - Aug 7, 2025	-1.89% Apr 22, 2026 - Apr 24, 2026
#14	-0.78% Aug 14, 2025 - Aug 28, 2025	-1.69% Aug 13, 2025 - Aug 22, 2025
#15	-0.73% Dec 16, 2024 - Dec 24, 2024	-1.68% Nov 25, 2024 - Dec 5, 2024