UMAY vs ETHT

Comparison between Innovator U.S. Equity Ultra Buffer ETF - May (UMAY, ETF) and ProShares Ultra Ether ETF (ETHT, ETF).

UMAY vs ETHT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UMAY(ETF)	ETHT(ETF)
Net Assets	$144M	$144M
Expense Ratio	0.79%	N/A
Max Drawdown	12.12%	96.08%
Sharpe Ratio	1.14	-0.77
5Y Beta	0.49	4.24

Net Assets

UMAY

$144M

Winner

ETHT

$144M

Expense Ratio

UMAY

0.79%

ETHT

N/A

Max Drawdown

Winner

UMAY

12.12%

ETHT

96.08%

Sharpe Ratio

Winner

UMAY

1.14

ETHT

-0.77

5Y Beta

Winner

UMAY

0.49

ETHT

4.24

UMAY vs ETHT - Historical Returns

Returns include dividend reinvestment.

Period	UMAY	ETHT
1 month	+0.54%	+18.76%
3 months	+2.16%	-38.46%
6 months	+3.89%	-71.12%
1 year	+8.32%	-86.69%
5 years(CAGR)	+6.31%	N/A
Max(CAGR)	+6.69%	-73.60%

UMAY

+0.54%

Winner

ETHT

+18.76%

Winner

UMAY

+2.16%

ETHT

-38.46%

Winner

UMAY

+3.89%

ETHT

-71.12%

Winner

UMAY

+8.32%

ETHT

-86.69%

5Y(CAGR)

UMAY

+6.31%

ETHT

N/A

Max(CAGR)

Winner

UMAY

+6.69%

ETHT

-73.60%

UMAY vs ETHT - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	UMAY	ETHT
2026	+4.17%	-73.64%
2025	+8.79%	-66.95%
2024	+14.49%	-41.68%
2023	+12.76%	N/A
2022	-9.27%	N/A
2021	+5.51%	N/A
2020	+7.38%	N/A

UMAY vs ETHT Drawdown Comparison

The maximum drawdown for UMAY was -12.12%, occurring on Oct 11, 2022. Recovery took 424 trading sessions.

The maximum drawdown for ETHT was -95.99%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current UMAY drawdown is -0.29%. The current ETHT drawdown is -94.05%.

Rank	UMAY	ETHT
#1	-12.12% Apr 4, 2022 - Dec 11, 2023	-95.99% Jun 7, 2024 - Jun 25, 2026
#2	-10.49% Feb 19, 2025 - May 16, 2025	N/A
#3	-4.02% Jan 4, 2022 - Mar 28, 2022	N/A
#4	-3.54% Jul 16, 2024 - Aug 19, 2024	N/A
#5	-2.47% Jun 8, 2020 - Jul 20, 2020	N/A
#6	-1.93% Aug 30, 2024 - Sep 16, 2024	N/A
#7	-1.72% Oct 12, 2020 - Nov 5, 2020	N/A
#8	-1.69% Jun 2, 2026 - Jul 10, 2026	N/A
#9	-1.49% Aug 27, 2021 - Oct 19, 2021	N/A
#10	-1.48% May 11, 2020 - May 18, 2020	N/A
#11	-1.48% Aug 26, 2020 - Oct 9, 2020	N/A
#12	-1.42% Nov 18, 2021 - Dec 23, 2021	N/A
#13	-1.39% May 7, 2021 - May 27, 2021	N/A
#14	-1.36% Feb 25, 2026 - Apr 2, 2026	N/A
#15	-1.20% Dec 16, 2024 - Dec 24, 2024	N/A

Correlation

Correlation between UMAY and ETHT is -0.67 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.67

-101