UMAY vs NHYM

Comparison between Innovator U.S. Equity Ultra Buffer ETF - May (UMAY, ETF) and NUVEEN HIGH YIELD MUNICIPAL INCOME ETF (NHYM, ETF).

UMAY vs NHYM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UMAY(ETF)	NHYM(ETF)
Net Assets	$144M	$143M
Expense Ratio	0.79%	0.35%
Max Drawdown	12.12%	7.17%
Sharpe Ratio	1.14	1.35
5Y Beta	0.49	0.04

Net Assets

Winner

UMAY

$144M

NHYM

$143M

Expense Ratio

UMAY

0.79%

Winner

NHYM

0.35%

Max Drawdown

UMAY

12.12%

Winner

NHYM

7.17%

Sharpe Ratio

UMAY

1.14

Winner

NHYM

1.35

5Y Beta

UMAY

0.49

Winner

NHYM

0.04

UMAY vs NHYM - Historical Returns

Returns include dividend reinvestment.

Period	UMAY	NHYM
1 month	+0.54%	-0.58%
3 months	+2.16%	+0.32%
6 months	+3.89%	+2.11%
1 year	+8.32%	+9.04%
5 years(CAGR)	+6.31%	N/A
Max(CAGR)	+6.69%	+3.67%

Winner

UMAY

+0.54%

NHYM

-0.58%

Winner

UMAY

+2.16%

NHYM

+0.32%

Winner

UMAY

+3.89%

NHYM

+2.11%

UMAY

+8.32%

Winner

NHYM

+9.04%

5Y(CAGR)

UMAY

+6.31%

NHYM

N/A

Max(CAGR)

Winner

UMAY

+6.69%

NHYM

+3.67%

UMAY vs NHYM - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	UMAY	NHYM
2026	+4.17%	+1.94%
2025	+8.79%	+3.25%
2024	+14.49%	N/A
2023	+12.76%	N/A
2022	-9.27%	N/A
2021	+5.51%	N/A
2020	+7.38%	N/A

UMAY vs NHYM Drawdown Comparison

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

The maximum drawdown for NHYM was -6.11%, occurring on Apr 11, 2025. Recovery took 154 trading sessions.

The current UMAY drawdown is -0.29%. The current NHYM drawdown is -1.06%.

Rank	UMAY	NHYM
#1	-12.12% Apr 4, 2022 - Dec 11, 2023	-6.11% Mar 3, 2025 - Oct 10, 2025
#2	-10.49% Feb 19, 2025 - May 16, 2025	-2.77% Feb 27, 2026 - May 29, 2026
#3	-4.02% Jan 4, 2022 - Mar 28, 2022	-1.06% Jul 6, 2026 - Jul 21, 2026
#4	-3.54% Jul 16, 2024 - Aug 19, 2024	-0.94% Nov 24, 2025 - Jan 7, 2026
#5	-2.47% Jun 8, 2020 - Jul 20, 2020	-0.76% Jan 14, 2026 - Feb 5, 2026
#6	-1.93% Aug 30, 2024 - Sep 16, 2024	-0.67% Feb 10, 2025 - Feb 21, 2025
#7	-1.72% Oct 12, 2020 - Nov 5, 2020	-0.63% Oct 27, 2025 - Nov 24, 2025
#8	-1.69% Jun 2, 2026 - Jul 10, 2026	-0.50% Jun 9, 2026 - Jun 29, 2026
#9	-1.49% Aug 27, 2021 - Oct 19, 2021	-0.26% Feb 17, 2026 - Feb 24, 2026
#10	-1.48% May 11, 2020 - May 18, 2020	-0.22% Feb 10, 2026 - Feb 12, 2026
#11	-1.48% Aug 26, 2020 - Oct 9, 2020	-0.16% Feb 5, 2025 - Feb 10, 2025
#12	-1.42% Nov 18, 2021 - Dec 23, 2021	-0.11% May 29, 2026 - Jun 2, 2026
#13	-1.39% May 7, 2021 - May 27, 2021	-0.10% Feb 5, 2026 - Feb 9, 2026
#14	-1.36% Feb 25, 2026 - Apr 2, 2026	-0.10% Feb 24, 2025 - Feb 27, 2025
#15	-1.20% Dec 16, 2024 - Dec 24, 2024	-0.09% Jun 4, 2026 - Jun 9, 2026