TFGZ vs BMAY

Comparison between THORNBURG FOCUS GROWTH FUND ETF CLASS (TFGZ, ETF) and Innovator U.S. Equity Buffer ETF - May (BMAY, ETF).

TFGZ vs BMAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TFGZ(ETF)	BMAY(ETF)
Net Assets	$236M	$235M
Expense Ratio	0.79%	0.79%
Max Drawdown	5.24%	17.66%
Sharpe Ratio	4.21	1.60
5Y Beta	1.18	0.60
P/E Ratio	31.41	N/A
Forward P/E	23.95	N/A
PEG Ratio	0.19	N/A
Debt to Equity	60.88%	N/A
P/S Ratio	6.51	N/A
P/B Ratio	7.69	N/A

Net Assets

Winner

TFGZ

$236M

BMAY

$235M

Expense Ratio

TFGZ

0.79%

BMAY

0.79%

Max Drawdown

Winner

TFGZ

5.24%

BMAY

17.66%

Sharpe Ratio

Winner

TFGZ

4.21

BMAY

1.60

5Y Beta

TFGZ

1.18

Winner

BMAY

0.60

P/E Ratio

TFGZ

31.41

BMAY

N/A

Forward P/E

TFGZ

23.95

BMAY

N/A

PEG Ratio

TFGZ

0.19

BMAY

N/A

Debt to Equity

TFGZ

60.88%

BMAY

N/A

P/S Ratio

TFGZ

6.51

BMAY

N/A

P/B Ratio

TFGZ

7.69

BMAY

N/A

TFGZ vs BMAY - Historical Returns

Returns include dividend reinvestment.

Period	TFGZ	BMAY
1 month	+1.69%	+0.55%
3 months	N/A	+4.90%
6 months	N/A	+5.68%
1 year	N/A	+13.25%
5 years(CAGR)	N/A	+8.84%
Max(CAGR)	+116.54%	+10.76%

Winner

TFGZ

+1.69%

BMAY

+0.55%

TFGZ

N/A

BMAY

+4.90%

TFGZ

N/A

BMAY

+5.68%

TFGZ

N/A

BMAY

+13.25%

5Y(CAGR)

TFGZ

N/A

BMAY

+8.84%

Max(CAGR)

Winner

TFGZ

+116.54%

BMAY

+10.76%

TFGZ vs BMAY - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	TFGZ	BMAY
2026	+16.45%	+4.93%
2025	N/A	+11.18%
2024	N/A	+19.63%
2023	N/A	+17.04%
2022	N/A	-12.80%
2021	N/A	+12.40%
2020	N/A	+17.82%

TFGZ vs BMAY Drawdown Comparison

The maximum drawdown for TFGZ was -5.24%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for BMAY was -17.66%, occurring on Oct 14, 2022. Recovery took 488 trading sessions.

The current TFGZ drawdown is -3.00%. The current BMAY drawdown is -1.20%.

Rank	TFGZ	BMAY
#1	-5.24% Jun 2, 2026 - Jun 10, 2026	-17.66% Jan 4, 2022 - Dec 13, 2023
#2	-3.75% May 11, 2026 - May 26, 2026	-12.75% Feb 19, 2025 - Jun 6, 2025
#3	-2.14% Apr 22, 2026 - May 1, 2026	-5.16% Jul 16, 2024 - Aug 19, 2024
#4	-0.53% Apr 20, 2026 - Apr 22, 2026	-4.87% Jun 8, 2020 - Jul 17, 2020
#5	-0.47% Apr 8, 2026 - Apr 13, 2026	-3.70% Oct 12, 2020 - Nov 5, 2020
#6	-0.16% May 26, 2026 - May 28, 2026	-3.51% Aug 28, 2020 - Oct 9, 2020
#7	-0.14% May 6, 2026 - May 8, 2026	-3.01% Sep 3, 2021 - Oct 19, 2021
#8	N/A	-2.95% Feb 26, 2026 - Apr 8, 2026
#9	N/A	-2.78% May 11, 2020 - May 18, 2020
#10	N/A	-2.77% May 7, 2021 - May 28, 2021
#11	N/A	-2.71% Jun 4, 2026 - Jun 10, 2026
#12	N/A	-2.55% Aug 30, 2024 - Sep 19, 2024
#13	N/A	-2.38% Jul 12, 2021 - Jul 26, 2021
#14	N/A	-2.30% Nov 16, 2021 - Dec 10, 2021
#15	N/A	-1.65% Oct 27, 2025 - Nov 26, 2025