USEP vs CRAK

Comparison between Innovator U.S. Equity Ultra Buffer ETF - September (USEP, ETF) and VANECK OIL REFINERS ETF (CRAK, ETF).

5-Year PerformanceCRAK has outperformed USEP, delivering a return of +12.9% compared to +7.9%

USEP vs CRAK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USEP(ETF)	CRAK(ETF)
Net Assets	$152M	$152M
Expense Ratio	0.79%	0.61%
Max Drawdown	13.37%	60.35%
Sharpe Ratio	1.78	2.54
5Y Beta	0.44	0.58
5Y Dividends CAGR	N/A	16.06%

Net Assets

Winner

USEP

$152M

CRAK

$152M

Expense Ratio

USEP

0.79%

Winner

CRAK

0.61%

Max Drawdown

Winner

USEP

13.37%

CRAK

60.35%

Sharpe Ratio

USEP

1.78

Winner

CRAK

2.54

5Y Beta

Winner

USEP

0.44

CRAK

0.58

5Y Dividends CAGR

USEP

N/A

CRAK

16.06%

USEP vs CRAK - Historical Returns

Returns include dividend reinvestment.

Period	USEP	CRAK
1 month	+0.87%	-6.66%
3 months	+3.93%	+3.94%
6 months	+4.62%	+23.79%
1 year	+14.69%	+63.21%
5 years(CAGR)	+7.90%	+12.85%
10 years(CAGR)	N/A	+12.93%
Max(CAGR)	+7.95%	+11.63%

Winner

USEP

+0.87%

CRAK

-6.66%

USEP

+3.93%

Winner

CRAK

+3.94%

USEP

+4.62%

Winner

CRAK

+23.79%

USEP

+14.69%

Winner

CRAK

+63.21%

5Y(CAGR)

USEP

+7.90%

Winner

CRAK

+12.85%

10Y(CAGR)

USEP

N/A

CRAK

+12.93%

Max(CAGR)

USEP

+7.95%

Winner

CRAK

+11.63%

USEP vs CRAK - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	USEP	CRAK
2026	+4.18%	+27.87%
2025	+11.84%	+37.87%
2024	+12.74%	-14.88%
2023	+19.03%	+16.57%
2022	-8.14%	+16.40%
2021	+6.46%	+10.16%
2020	+6.87%	-12.15%
2019	+3.60%	+9.47%
2018	N/A	-11.10%
2017	N/A	+48.37%
2016	N/A	+11.35%
2015	N/A	+0.57%

USEP vs CRAK Drawdown Comparison

The maximum drawdown for USEP was -13.37%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The maximum drawdown for CRAK was -58.79%, occurring on Mar 19, 2020. Recovery took 919 trading sessions.

The current USEP drawdown is -0.62%. The current CRAK drawdown is -6.66%.

Rank	USEP	CRAK
#1	-13.37% Feb 12, 2020 - Jul 14, 2020	-58.79% Oct 3, 2018 - May 27, 2022
#2	-11.84% Jan 4, 2022 - Jun 13, 2023	-35.62% Apr 8, 2024 - Oct 23, 2025
#3	-9.72% Feb 19, 2025 - Jun 9, 2025	-27.28% Jun 7, 2022 - Sep 8, 2023
#4	-4.64% Sep 1, 2023 - Nov 14, 2023	-17.72% Nov 25, 2015 - Nov 22, 2016
#5	-4.03% Feb 25, 2026 - Apr 13, 2026	-10.86% Jan 23, 2018 - Apr 26, 2018
#6	-3.12% Sep 2, 2020 - Nov 5, 2020	-9.99% Aug 19, 2015 - Oct 8, 2015
#7	-2.43% Jul 31, 2023 - Aug 29, 2023	-9.57% Sep 18, 2023 - Jan 29, 2024
#8	-2.21% Jul 31, 2024 - Aug 13, 2024	-8.57% May 5, 2026 - May 27, 2026
#9	-2.17% Mar 28, 2024 - May 6, 2024	-8.15% Nov 14, 2025 - Jan 21, 2026
#10	-2.05% Sep 2, 2021 - Oct 21, 2021	-7.42% May 21, 2018 - Jul 26, 2018
#11	-2.02% Oct 27, 2025 - Dec 4, 2025	-5.69% Mar 31, 2026 - Apr 29, 2026
#12	-1.85% Aug 28, 2024 - Sep 13, 2024	-4.59% Nov 5, 2015 - Nov 24, 2015
#13	-1.54% Dec 11, 2024 - Jan 21, 2025	-4.48% May 16, 2017 - Jun 28, 2017
#14	-1.39% Nov 8, 2021 - Dec 23, 2021	-4.06% Aug 29, 2018 - Sep 24, 2018
#15	-1.34% Oct 8, 2025 - Oct 23, 2025	-3.88% Aug 7, 2018 - Aug 22, 2018

Correlation

Correlation between USEP and CRAK is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2015 - 2025)

USEP vs CRAK dividend yield comparison.

Year	USEP	CRAK
2025	0.00%	2.02%
2024	0.00%	5.60%
2023	0.00%	3.65%
2022	0.00%	3.08%
2021	0.00%	2.40%
2020	0.00%	2.64%
2019	0.64%	1.49%
2018	0.00%	2.42%
2017	0.00%	1.66%
2016	0.00%	3.42%
2015	0.00%	0.47%