SPIP vs PDEC
Comparison between SPDR(R) PORTFOLIO TIPS ETF (SPIP, ETF) and Innovator U.S. Equity Power Buffer ETF - December (PDEC, ETF).
5-Year PerformancePDEC has outperformed SPIP, delivering a return of +8.4% compared to +1.0%
SPIP vs PDEC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
SPIP
$984M
PDEC
$980M
Expense Ratio
Winner
SPIP
0.12%
PDEC
0.79%
Max Drawdown
SPIP
23.50%
Winner
PDEC
19.31%
Sharpe Ratio
SPIP
0.28
Winner
PDEC
2.14
5Y Beta
Winner
SPIP
0.04
PDEC
0.48
5Y Dividends CAGR
SPIP
13.23%
PDEC
N/A
SPIP vs PDEC - Historical Returns
Returns include dividend reinvestment.
1M
SPIP
+0.92%
Winner
PDEC
+4.42%
3M
SPIP
+0.97%
Winner
PDEC
+3.49%
6M
SPIP
+1.44%
Winner
PDEC
+7.04%
1Y
SPIP
+5.16%
Winner
PDEC
+19.57%
5Y(CAGR)
SPIP
+0.99%
Winner
PDEC
+8.41%
10Y(CAGR)
SPIP
+2.70%
PDEC
N/A
Max(CAGR)
SPIP
+3.58%
Winner
PDEC
+8.82%
SPIP vs PDEC - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | SPIP | PDEC |
|---|---|---|
| 2026 | +1.83% | +4.52% |
| 2025 | +6.66% | +13.09% |
| 2024 | +1.79% | +9.87% |
| 2023 | +2.70% | +17.88% |
| 2022 | -12.15% | -6.21% |
| 2021 | +5.76% | +10.48% |
| 2020 | +10.90% | +8.09% |
| 2019 | +8.96% | +1.58% |
| 2018 | -1.33% | N/A |
| 2017 | +2.91% | N/A |
| 2016 | +4.36% | N/A |
| 2015 | -3.17% | N/A |
| 2014 | +4.19% | N/A |
| 2013 | -9.14% | N/A |
| 2012 | +7.43% | N/A |
| 2011 | +14.09% | N/A |
| 2010 | +5.99% | N/A |
| 2009 | +11.54% | N/A |
| 2008 | -2.88% | N/A |
| 2007 | +9.82% | N/A |
SPIP vs PDEC Drawdown Comparison
The maximum drawdown for SPIP was -15.36%, occurring on Oct 6, 2023. This drawdown has not yet recovered.
The maximum drawdown for PDEC was -19.31%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.
The current SPIP drawdown is -0.75%.
| Rank | SPIP | PDEC |
|---|---|---|
| #1 | -15.36% Nov 9, 2021 - Oct 6, 2023 | -19.31% Feb 19, 2020 - Aug 5, 2020 |
| #2 | -14.38% Mar 12, 2008 - Oct 1, 2009 | -11.53% Jan 3, 2022 - May 18, 2023 |
| #3 | -11.92% Dec 6, 2012 - Mar 20, 2019 | -10.77% Feb 19, 2025 - Jun 24, 2025 |
| #4 | -10.66% Mar 6, 2020 - Apr 28, 2020 | -7.90% Jul 31, 2023 - Nov 20, 2023 |
| #5 | -5.74% Oct 25, 2010 - Apr 19, 2011 | -4.78% Feb 25, 2026 - Apr 14, 2026 |
| #6 | -3.64% Aug 10, 2011 - Nov 2, 2011 | -2.71% Oct 12, 2020 - Nov 5, 2020 |
| #7 | -3.33% Nov 26, 2007 - Jan 9, 2008 | -2.52% Nov 12, 2025 - Nov 25, 2025 |
| #8 | -3.27% Jan 25, 2021 - May 5, 2021 | -2.43% Jul 15, 2024 - Aug 15, 2024 |
| #9 | -2.70% Nov 30, 2009 - Apr 29, 2010 | -2.06% Dec 6, 2024 - Jan 22, 2025 |
| #10 | -2.64% Feb 11, 2008 - Feb 29, 2008 | -1.93% Mar 28, 2024 - May 6, 2024 |
| #11 | -2.57% Aug 29, 2019 - Jan 24, 2020 | -1.88% Jan 21, 2021 - Feb 5, 2021 |
| #12 | -2.49% Aug 1, 2012 - Sep 13, 2012 | -1.87% Aug 28, 2020 - Oct 9, 2020 |
| #13 | -1.93% Jan 31, 2012 - Apr 17, 2012 | -1.60% May 18, 2023 - Jun 1, 2023 |
| #14 | -1.75% May 30, 2007 - Jul 10, 2007 | -1.47% Jul 25, 2025 - Aug 8, 2025 |
| #15 | -1.69% Aug 1, 2007 - Aug 30, 2007 | -1.42% Dec 10, 2021 - Dec 23, 2021 |
Correlation
Correlation between SPIP and PDEC is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.51
-101
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