XBJL vs PHDG

Comparison between Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL, ETF) and INVESCO S&P 500 DOWNSIDE HEDGED ETF (PHDG, ETF).

5-Year PerformanceXBJL has outperformed PHDG, delivering a return of +9.2% compared to +4.4%

XBJL vs PHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XBJL(ETF)	PHDG(ETF)
Net Assets	$74M	$74M
Expense Ratio	0.79%	0.39%
Max Drawdown	11.78%	23.59%
Sharpe Ratio	1.22	1.10
5Y Beta	0.54	0.31
P/E Ratio	N/A	28.77
Forward P/E	N/A	21.26
5Y Dividends CAGR	N/A	31.27%
5Y EPS CAGR	N/A	25.61%
Debt to Equity	N/A	31.66%
P/S Ratio	N/A	3.76
P/B Ratio	N/A	5.65

Net Assets

XBJL

$74M

Winner

PHDG

$74M

Expense Ratio

XBJL

0.79%

Winner

PHDG

0.39%

Max Drawdown

Winner

XBJL

11.78%

PHDG

23.59%

Sharpe Ratio

Winner

XBJL

1.22

PHDG

1.10

5Y Beta

XBJL

0.54

Winner

PHDG

0.31

P/E Ratio

XBJL

N/A

PHDG

28.77

Forward P/E

XBJL

N/A

PHDG

21.26

5Y Dividends CAGR

XBJL

N/A

PHDG

31.27%

5Y EPS CAGR

XBJL

N/A

PHDG

25.61%

Debt to Equity

XBJL

N/A

PHDG

31.66%

P/S Ratio

XBJL

N/A

PHDG

3.76

P/B Ratio

XBJL

N/A

PHDG

5.65

XBJL vs PHDG - Historical Returns

Returns include dividend reinvestment.

Period	XBJL	PHDG
1 month	+0.37%	-0.31%
3 months	+2.20%	+2.79%
6 months	+4.44%	+9.73%
1 year	+10.22%	+16.69%
5 years(CAGR)	+9.21%	+4.44%
10 years(CAGR)	N/A	+7.24%
Max(CAGR)	+9.14%	+5.62%

Winner

XBJL

+0.37%

PHDG

-0.31%

XBJL

+2.20%

Winner

PHDG

+2.79%

XBJL

+4.44%

Winner

PHDG

+9.73%

XBJL

+10.22%

Winner

PHDG

+16.69%

5Y(CAGR)

Winner

XBJL

+9.21%

PHDG

+4.44%

10Y(CAGR)

XBJL

N/A

PHDG

+7.24%

Max(CAGR)

Winner

XBJL

+9.14%

PHDG

+5.62%

XBJL vs PHDG - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	XBJL	PHDG
2026	+4.80%	+10.45%
2025	+12.05%	+2.46%
2024	+11.93%	+11.96%
2023	+19.78%	+8.79%
2022	-5.18%	-14.38%
2021	+4.70%	+16.13%
2020	N/A	+18.15%
2019	N/A	+8.89%
2018	N/A	-3.39%
2017	N/A	+15.36%
2016	N/A	-0.25%
2015	N/A	-9.72%
2014	N/A	+6.86%
2013	N/A	+12.19%
2012	N/A	-0.01%

XBJL vs PHDG Drawdown Comparison

The maximum drawdown for XBJL was -11.78%, occurring on Jun 16, 2022. Recovery took 213 trading sessions.

The maximum drawdown for PHDG was -17.69%, occurring on Nov 3, 2016. Recovery took 759 trading sessions.

The current XBJL drawdown is -0.25%. The current PHDG drawdown is -5.30%.

Rank	XBJL	PHDG
#1	-11.78% Mar 29, 2022 - Feb 2, 2023	-17.69% Dec 5, 2014 - Dec 11, 2017
#2	-11.74% Feb 19, 2025 - May 12, 2025	-17.06% Dec 27, 2021 - Jun 12, 2024
#3	-5.35% Jan 3, 2022 - Mar 29, 2022	-15.87% Mar 18, 2020 - Aug 24, 2020
#4	-5.32% Jul 28, 2023 - Nov 14, 2023	-14.79% Dec 4, 2024 - Mar 2, 2026
#5	-5.00% Jul 16, 2024 - Aug 19, 2024	-12.79% Feb 6, 2018 - Mar 12, 2020
#6	-4.14% Feb 2, 2023 - Mar 31, 2023	-10.06% Sep 2, 2020 - Apr 15, 2021
#7	-3.30% Feb 25, 2026 - Apr 8, 2026	-6.36% Jun 15, 2026 - Jun 25, 2026
#8	-2.25% Nov 17, 2021 - Dec 23, 2021	-6.11% Aug 5, 2024 - Dec 4, 2024
#9	-2.21% Sep 2, 2021 - Oct 18, 2021	-5.20% Aug 2, 2013 - Dec 23, 2013
#10	-2.20% Aug 30, 2024 - Sep 16, 2024	-4.42% Sep 7, 2021 - Nov 2, 2021
#11	-1.84% Oct 28, 2025 - Nov 26, 2025	-4.37% Jul 16, 2024 - Aug 5, 2024
#12	-1.67% May 1, 2023 - May 15, 2023	-3.88% Jun 4, 2026 - Jun 15, 2026
#13	-1.60% Jul 12, 2021 - Jul 23, 2021	-3.69% Apr 2, 2014 - Jun 9, 2014
#14	-1.48% May 19, 2025 - Jun 3, 2025	-3.44% Dec 31, 2013 - Feb 28, 2014
#15	-1.31% Dec 13, 2024 - Dec 24, 2024	-3.37% Mar 10, 2026 - Apr 8, 2026