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USEP vs HFGM

Comparison between Innovator U.S. Equity Ultra Buffer ETF - September (USEP, ETF) and UNLIMITED HFGM GLOBAL MACRO ETF (HFGM, ETF).

USEP vs HFGM - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
USEP
$152M
Winner
HFGM
$152M
Expense Ratio
Winner
USEP
0.79%
HFGM
1.01%
Max Drawdown
Winner
USEP
13.37%
HFGM
15.09%
Sharpe Ratio
Winner
USEP
1.32
HFGM
0.92
5Y Beta
Winner
USEP
0.44
HFGM
0.96

USEP vs HFGM - Historical Returns

Returns include dividend reinvestment.

1M
USEP
+0.75%
Winner
HFGM
+2.52%
3M
Winner
USEP
+2.86%
HFGM
-6.16%
6M
Winner
USEP
+4.82%
HFGM
-3.94%
1Y
USEP
+10.69%
Winner
HFGM
+23.45%
5Y(CAGR)
USEP
+8.01%
HFGM
N/A
Max(CAGR)
USEP
+7.96%
Winner
HFGM
+28.68%

USEP vs HFGM - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearUSEPHFGM
2026+5.32%+7.45%
2025+11.84%+26.87%
2024+12.74%N/A
2023+19.03%N/A
2022-8.14%N/A
2021+6.46%N/A
2020+6.87%N/A
2019+3.60%N/A

USEP vs HFGM Drawdown Comparison

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

The maximum drawdown for HFGM was -15.09%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The current USEP drawdown is -0.40%. The current HFGM drawdown is -10.53%.

RankUSEPHFGM
#1-13.37%
Feb 12, 2020 - Jul 14, 2020
-15.09%
Mar 10, 2026 - Jun 24, 2026
#2-11.84%
Jan 4, 2022 - Jun 13, 2023
-10.16%
Oct 20, 2025 - Jan 6, 2026
#3-9.72%
Feb 19, 2025 - Jun 9, 2025
-8.72%
Jan 29, 2026 - Mar 10, 2026
#4-4.64%
Sep 1, 2023 - Nov 14, 2023
-7.06%
Oct 6, 2025 - Oct 16, 2025
#5-4.03%
Feb 25, 2026 - Apr 13, 2026
-3.14%
Jul 23, 2025 - Aug 7, 2025
#6-3.12%
Sep 2, 2020 - Nov 5, 2020
-2.80%
May 29, 2025 - Jun 11, 2025
#7-2.43%
Jul 31, 2023 - Aug 29, 2023
-2.80%
Jun 27, 2025 - Jul 9, 2025
#8-2.21%
Jul 31, 2024 - Aug 13, 2024
-2.68%
Jun 12, 2025 - Jun 27, 2025
#9-2.17%
Mar 28, 2024 - May 6, 2024
-2.09%
Aug 28, 2025 - Sep 8, 2025
#10-2.05%
Sep 2, 2021 - Oct 21, 2021
-1.94%
Aug 13, 2025 - Aug 22, 2025
#11-2.02%
Oct 27, 2025 - Dec 4, 2025
-1.89%
Sep 22, 2025 - Oct 1, 2025
#12-1.85%
Aug 28, 2024 - Sep 13, 2024
-1.73%
Jan 14, 2026 - Jan 21, 2026
#13-1.54%
Dec 11, 2024 - Jan 21, 2025
-1.71%
Jul 11, 2025 - Jul 21, 2025
#14-1.39%
Nov 8, 2021 - Dec 23, 2021
-1.35%
Oct 16, 2025 - Oct 20, 2025
#15-1.34%
Oct 8, 2025 - Oct 23, 2025
-1.32%
May 13, 2025 - May 27, 2025

Correlation

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

0.86
-101

Dividend Comparison (2019 - 2025)

USEP vs HFGM dividend yield comparison.

YearUSEPHFGM
20250.00%11.23%
20190.64%0.00%

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