QEMM vs IMAY

Comparison between STATE STREET(R) SPDR(R) MSCI EMERGING MARKETS STRATEGICFACTORS(SM) ETF (QEMM, ETF) and Innovator International Developed Power Buffer ETF - May (IMAY, ETF).

QEMM vs IMAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QEMM(ETF)	IMAY(ETF)
Net Assets	$55M	$55M
Expense Ratio	0.30%	0.85%
Max Drawdown	40.48%	9.38%
Sharpe Ratio	1.24	1.16
5Y Beta	0.73	0.41
5Y Dividends CAGR	16.78%	N/A

Net Assets

QEMM

$55M

Winner

IMAY

$55M

Expense Ratio

Winner

QEMM

0.30%

IMAY

0.85%

Max Drawdown

QEMM

40.48%

Winner

IMAY

9.38%

Sharpe Ratio

Winner

QEMM

1.24

IMAY

1.16

5Y Beta

QEMM

0.73

Winner

IMAY

0.41

5Y Dividends CAGR

QEMM

16.78%

IMAY

N/A

QEMM vs IMAY - Historical Returns

Returns include dividend reinvestment.

Period	QEMM	IMAY
1 month	-5.06%	-0.07%
3 months	+4.97%	+2.86%
6 months	+13.77%	+5.20%
1 year	+28.26%	+12.84%
5 years(CAGR)	+7.20%	N/A
10 years(CAGR)	+7.85%	N/A
Max(CAGR)	+5.39%	+11.84%

QEMM

-5.06%

Winner

IMAY

-0.07%

Winner

QEMM

+4.97%

IMAY

+2.86%

Winner

QEMM

+13.77%

IMAY

+5.20%

Winner

QEMM

+28.26%

IMAY

+12.84%

5Y(CAGR)

QEMM

+7.20%

IMAY

N/A

10Y(CAGR)

QEMM

+7.85%

IMAY

N/A

Max(CAGR)

QEMM

+5.39%

Winner

IMAY

+11.84%

QEMM vs IMAY - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	QEMM	IMAY
2026	+17.36%	+6.20%
2025	+22.49%	+20.27%
2024	+6.40%	+0.30%
2023	+11.94%	N/A
2022	-18.19%	N/A
2021	+5.34%	N/A
2020	+8.64%	N/A
2019	+14.73%	N/A
2018	-14.28%	N/A
2017	+30.49%	N/A
2016	+11.57%	N/A
2015	-13.07%	N/A
2014	-6.59%	N/A

QEMM vs IMAY Drawdown Comparison

The maximum drawdown for QEMM was -36.89%, occurring on Mar 23, 2020. Recovery took 735 trading sessions.

The maximum drawdown for IMAY was -9.38%, occurring on Apr 8, 2025. Recovery took 31 trading sessions.

The current QEMM drawdown is -5.35%. The current IMAY drawdown is -0.61%.

Rank	QEMM	IMAY
#1	-36.89% Jan 26, 2018 - Dec 28, 2020	-9.38% Mar 19, 2025 - May 2, 2025
#2	-33.19% Sep 4, 2014 - Jul 26, 2017	-8.14% Sep 26, 2024 - Mar 5, 2025
#3	-27.55% Jun 1, 2021 - Sep 24, 2024	-4.98% Jul 12, 2024 - Aug 19, 2024
#4	-16.98% Oct 7, 2024 - Jun 10, 2025	-4.22% Feb 25, 2026 - Apr 9, 2026
#5	-10.40% Feb 25, 2026 - Apr 17, 2026	-3.06% Nov 12, 2025 - Dec 10, 2025
#6	-7.47% Jun 15, 2026 - Jul 17, 2026	-2.76% Aug 30, 2024 - Sep 19, 2024
#7	-6.41% Feb 17, 2021 - May 28, 2021	-2.49% Jun 6, 2024 - Jul 10, 2024
#8	-6.27% Jun 2, 2026 - Jun 15, 2026	-2.46% Mar 5, 2025 - Mar 17, 2025
#9	-5.21% May 11, 2026 - May 26, 2026	-2.25% Jul 23, 2025 - Aug 13, 2025
#10	-4.00% Jan 21, 2021 - Feb 9, 2021	-1.90% May 26, 2026 - Jun 15, 2026
#11	-3.95% Nov 11, 2025 - Jan 2, 2026	-1.73% Oct 6, 2025 - Oct 27, 2025
#12	-3.63% Sep 17, 2025 - Oct 16, 2025	-1.68% May 15, 2024 - Jun 5, 2024
#13	-3.60% Jul 23, 2025 - Aug 12, 2025	-1.45% Aug 22, 2025 - Sep 11, 2025
#14	-3.53% Nov 22, 2017 - Dec 26, 2017	-1.40% Jun 12, 2025 - Jun 27, 2025
#15	-3.07% Jul 28, 2014 - Aug 19, 2014	-1.39% May 6, 2026 - May 26, 2026