ZHDG vs KMAR

Comparison between ZEGA BUY AND HEDGE ETF (ZHDG, ETF) and Innovator U.S. Small Cap Power Buffer ETF March (KMAR, ETF).

ZHDG vs KMAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZHDG(ETF)	KMAR(ETF)
Net Assets	$35M	$35M
Expense Ratio	0.97%	0.79%
Max Drawdown	25.92%	10.06%
Sharpe Ratio	1.13	1.79
5Y Beta	0.61	0.59

Net Assets

ZHDG

$35M

Winner

KMAR

$35M

Expense Ratio

ZHDG

0.97%

Winner

KMAR

0.79%

Max Drawdown

ZHDG

25.92%

Winner

KMAR

10.06%

Sharpe Ratio

ZHDG

1.13

Winner

KMAR

1.79

5Y Beta

ZHDG

0.61

Winner

KMAR

0.59

ZHDG vs KMAR - Historical Returns

Returns include dividend reinvestment.

Period	ZHDG	KMAR
1 month	+1.89%	-0.01%
3 months	+4.69%	+5.22%
6 months	+3.09%	+8.90%
1 year	+16.50%	+22.45%
5 years(CAGR)	+5.55%	N/A
Max(CAGR)	+5.55%	+18.18%

Winner

ZHDG

+1.89%

KMAR

-0.01%

ZHDG

+4.69%

Winner

KMAR

+5.22%

ZHDG

+3.09%

Winner

KMAR

+8.90%

ZHDG

+16.50%

Winner

KMAR

+22.45%

5Y(CAGR)

ZHDG

+5.55%

KMAR

N/A

Max(CAGR)

ZHDG

+5.55%

Winner

KMAR

+18.18%

ZHDG vs KMAR - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	ZHDG	KMAR
2026	+3.74%	+8.00%
2025	+15.11%	+13.62%
2024	+18.03%	N/A
2023	+13.42%	N/A
2022	-22.18%	N/A
2021	+6.40%	N/A

ZHDG vs KMAR Drawdown Comparison

The maximum drawdown for ZHDG was -23.27%, occurring on Dec 28, 2022. Recovery took 684 trading sessions.

The maximum drawdown for KMAR was -10.06%, occurring on Apr 8, 2025. Recovery took 35 trading sessions.

The current ZHDG drawdown is -2.59%. The current KMAR drawdown is -1.64%.

Rank	ZHDG	KMAR
#1	-23.27% Dec 29, 2021 - Sep 19, 2024	-10.06% Mar 24, 2025 - May 13, 2025
#2	-11.65% Dec 6, 2024 - Jun 24, 2025	-4.89% Mar 2, 2026 - Apr 9, 2026
#3	-8.56% Jan 27, 2026 - Apr 30, 2026	-3.86% Oct 27, 2025 - Nov 26, 2025
#4	-4.47% Sep 3, 2021 - Oct 26, 2021	-2.64% Jul 23, 2025 - Aug 12, 2025
#5	-3.79% Oct 28, 2025 - Jan 7, 2026	-2.57% Mar 3, 2025 - Mar 24, 2025
#6	-2.95% Nov 5, 2021 - Dec 8, 2021	-2.02% May 6, 2026 - May 26, 2026
#7	-2.80% Oct 14, 2024 - Nov 6, 2024	-2.02% May 16, 2025 - Jun 6, 2025
#8	-2.59% Jun 2, 2026 - Jun 5, 2026	-1.69% Oct 6, 2025 - Oct 14, 2025
#9	-2.34% Jan 7, 2026 - Jan 27, 2026	-1.64% Jun 4, 2026 - Jun 5, 2026
#10	-2.30% Jul 25, 2025 - Aug 12, 2025	-1.45% Jun 10, 2025 - Jun 24, 2025
#11	-2.23% Oct 8, 2025 - Oct 24, 2025	-1.28% Jul 10, 2025 - Jul 23, 2025
#12	-1.94% Dec 10, 2021 - Dec 23, 2021	-1.22% Dec 11, 2025 - Dec 22, 2025
#13	-1.87% Nov 11, 2024 - Nov 26, 2024	-1.18% Aug 13, 2025 - Aug 22, 2025
#14	-1.86% May 14, 2026 - May 26, 2026	-1.09% Jan 22, 2026 - Feb 6, 2026
#15	-1.71% Jul 14, 2021 - Jul 23, 2021	-1.07% Oct 15, 2025 - Oct 24, 2025