ZSEP vs SOLT

Comparison between Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP, ETF) and 2x Solana ETF (SOLT, ETF).

ZSEP vs SOLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZSEP(ETF)	SOLT(ETF)
Net Assets	$123M	$123M
Expense Ratio	0.79%	N/A
Max Drawdown	3.97%	96.32%
Sharpe Ratio	1.01	-0.93
5Y Beta	0.17	3.52

Net Assets

Winner

ZSEP

$123M

SOLT

$123M

Expense Ratio

ZSEP

0.79%

SOLT

N/A

Max Drawdown

Winner

ZSEP

3.97%

SOLT

96.32%

Sharpe Ratio

Winner

ZSEP

1.01

SOLT

-0.93

5Y Beta

Winner

ZSEP

0.17

SOLT

3.52

ZSEP vs SOLT - Historical Returns

Returns include dividend reinvestment.

Period	ZSEP	SOLT
1 month	+0.56%	+11.43%
3 months	+1.73%	-23.86%
6 months	+3.07%	-73.91%
1 year	+6.26%	-92.58%
Max(CAGR)	+6.52%	-78.27%

ZSEP

+0.56%

Winner

SOLT

+11.43%

Winner

ZSEP

+1.73%

SOLT

-23.86%

Winner

ZSEP

+3.07%

SOLT

-73.91%

Winner

ZSEP

+6.26%

SOLT

-92.58%

Max(CAGR)

Winner

ZSEP

+6.52%

SOLT

-78.27%

ZSEP vs SOLT - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ZSEP	SOLT
2026	+3.13%	-74.76%
2025	+6.82%	-53.74%
2024	+2.12%	N/A

ZSEP vs SOLT Drawdown Comparison

The maximum drawdown for ZSEP was -3.97%, occurring on Apr 8, 2025. Recovery took 60 trading sessions.

The maximum drawdown for SOLT was -96.27%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current ZSEP drawdown is -0.07%. The current SOLT drawdown is -94.68%.

Rank	ZSEP	SOLT
#1	-3.97% Feb 19, 2025 - May 15, 2025	-96.27% Sep 18, 2025 - Jun 10, 2026
#2	-1.45% Feb 26, 2026 - Apr 9, 2026	-52.65% Mar 25, 2025 - May 8, 2025
#3	-0.81% Nov 12, 2025 - Nov 26, 2025	-44.42% May 13, 2025 - Jul 21, 2025
#4	-0.71% May 19, 2025 - Jun 2, 2025	-37.42% Jul 22, 2025 - Sep 8, 2025
#5	-0.64% Oct 8, 2025 - Oct 22, 2025	-7.41% Sep 12, 2025 - Sep 18, 2025
#6	-0.62% Oct 18, 2024 - Nov 6, 2024	-1.09% May 9, 2025 - May 13, 2025
#7	-0.56% Dec 16, 2024 - Jan 15, 2025	-0.49% Sep 8, 2025 - Sep 10, 2025
#8	-0.52% Feb 2, 2026 - Feb 26, 2026	N/A
#9	-0.45% Jan 12, 2026 - Jan 26, 2026	N/A
#10	-0.42% Nov 7, 2024 - Nov 26, 2024	N/A
#11	-0.38% Sep 19, 2025 - Oct 1, 2025	N/A
#12	-0.38% Jul 28, 2025 - Aug 6, 2025	N/A
#13	-0.37% Jun 1, 2026 - Jun 15, 2026	N/A
#14	-0.36% Sep 27, 2024 - Oct 11, 2024	N/A
#15	-0.35% Jan 24, 2025 - Feb 6, 2025	N/A

Correlation

Correlation between ZSEP and SOLT is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101