UDEC vs JCE

Comparison between Innovator U.S. Equity Ultra Buffer ETF - December (UDEC, ETF) and Nuveen Core Equity Alpha Fund (JCE, ETF).

5-Year PerformanceJCE has outperformed UDEC, delivering a return of +11.4% compared to +7.2%

UDEC vs JCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UDEC(ETF)	JCE(ETF)
Net Assets	$307M	$307M
Expense Ratio	0.79%	N/A
Max Drawdown	13.37%	64.90%
Sharpe Ratio	1.71	0.87
5Y Beta	0.42	0.79
5Y Dividends CAGR	N/A	4.90%

Net Assets

UDEC

$307M

JCE

$307M

Expense Ratio

UDEC

0.79%

JCE

N/A

Max Drawdown

Winner

UDEC

13.37%

JCE

64.90%

Sharpe Ratio

Winner

UDEC

1.71

JCE

0.87

5Y Beta

Winner

UDEC

0.42

JCE

0.79

5Y Dividends CAGR

UDEC

N/A

JCE

4.90%

UDEC vs JCE - Historical Returns

Returns include dividend reinvestment.

Period	UDEC	JCE
1 month	+0.56%	+0.64%
3 months	+5.14%	+8.57%
6 months	+5.71%	+8.37%
1 year	+16.61%	+18.53%
5 years(CAGR)	+7.15%	+11.40%
10 years(CAGR)	N/A	+12.55%
Max(CAGR)	+7.18%	+9.87%

UDEC

+0.56%

Winner

JCE

+0.64%

UDEC

+5.14%

Winner

JCE

+8.57%

UDEC

+5.71%

Winner

JCE

+8.37%

UDEC

+16.61%

Winner

JCE

+18.53%

5Y(CAGR)

UDEC

+7.15%

Winner

JCE

+11.40%

10Y(CAGR)

UDEC

N/A

JCE

+12.55%

Max(CAGR)

UDEC

+7.18%

Winner

JCE

+9.87%

UDEC vs JCE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	UDEC	JCE
2026	+4.54%	+6.45%
2025	+13.00%	+11.45%
2024	+9.89%	+28.16%
2023	+17.36%	+12.70%
2022	-9.56%	-12.92%
2021	+7.04%	+50.42%
2020	+6.31%	+3.73%
2019	+1.16%	+30.21%
2018	N/A	-10.86%
2017	N/A	+31.07%
2016	N/A	+1.74%
2015	N/A	+0.50%
2014	N/A	+19.62%
2013	N/A	+35.38%
2012	N/A	+14.23%
2011	N/A	+2.56%
2010	N/A	+19.72%
2009	N/A	+32.50%
2008	N/A	-34.35%
2007	N/A	-11.96%

UDEC vs JCE Drawdown Comparison

The maximum drawdown for UDEC was -13.37%, occurring on Mar 20, 2020. Recovery took 116 trading sessions.

The maximum drawdown for JCE was -57.60%, occurring on Mar 9, 2009. Recovery took 951 trading sessions.

The current UDEC drawdown is -0.60%. The current JCE drawdown is -1.60%.

Rank	UDEC	JCE
#1	-13.37% Feb 19, 2020 - Aug 4, 2020	-57.60% Apr 19, 2007 - Jan 26, 2011
#2	-10.26% Jan 4, 2022 - Jul 13, 2023	-43.39% Feb 14, 2020 - Jan 20, 2021
#3	-8.94% Feb 19, 2025 - Jun 24, 2025	-30.15% Dec 31, 2021 - Mar 13, 2024
#4	-8.15% Jul 28, 2023 - Nov 15, 2023	-28.91% Aug 8, 2018 - Dec 27, 2019
#5	-4.44% Jan 28, 2026 - Apr 14, 2026	-21.74% Jun 30, 2011 - Feb 7, 2012
#6	-2.81% Jul 16, 2024 - Aug 15, 2024	-19.02% Feb 19, 2025 - Jul 25, 2025
#7	-2.70% Oct 12, 2020 - Nov 5, 2020	-18.87% Mar 23, 2015 - Jul 11, 2016
#8	-2.46% Nov 12, 2025 - Nov 25, 2025	-12.12% Jul 29, 2014 - Nov 20, 2014
#9	-2.31% Sep 2, 2020 - Oct 9, 2020	-11.72% Jul 21, 2016 - Feb 21, 2017
#10	-2.16% Dec 6, 2024 - Jan 21, 2025	-10.87% Jan 27, 2026 - Apr 15, 2026
#11	-1.96% Mar 28, 2024 - May 6, 2024	-10.02% Oct 5, 2012 - Jan 16, 2013
#12	-1.79% Oct 8, 2025 - Oct 21, 2025	-9.26% May 1, 2012 - Sep 12, 2012
#13	-1.56% Jun 4, 2026 - Jun 10, 2026	-9.17% May 21, 2013 - Jul 15, 2013
#14	-1.45% Jul 25, 2025 - Aug 8, 2025	-9.05% Jan 26, 2018 - May 21, 2018
#15	-1.25% Feb 24, 2021 - Mar 12, 2021	-8.34% Jan 21, 2014 - Feb 26, 2014