BFEB vs UMAY
Innovator US Equity Buffer ETF - February vs Innovator U.S. Equity Ultra Buffer ETF - May
Which is better, BFEB or UMAY?
BFEB has been ahead.
BFEB led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BFEB | UMAY |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $208M | $137M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 24 |
| YTD Return | +11.67%Best | +6.64% |
| 1Y Return | +15.60%Best | +8.83% |
| 3Y Return (annualized) | +17.04%Best | +11.71% |
| 5Y Return (annualized) | +11.68%Best | +6.64% |
| Volatility (annualized) | 10.0% | 6.2%Best |
| Max Drawdown | -14.8% | -12.1%Best |
| $10,000 over 5 years | $17,373Best | $13,791 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 3, 2020 | Apr 30, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 1, 2020 to Oct 14, 2026 (6.5 years).
BFEB vs UMAY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.5 years both funds cover.
BFEB vs UMAY Performance
Innovator US Equity Buffer ETF - February (BFEB) is an ETF from Innovator ETFs Trust and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) is an ETF from Innovator ETFs Trust. Over the past year BFEB returned +15.60% while UMAY returned +8.83%. Year to date, BFEB is up 11.67% versus a gain of 6.64% for UMAY.
Over three years, BFEB compounded at +17.04% per year against +11.71% for UMAY; over five years the annualized figures are +11.68% and +6.64% respectively. Across the full 7-year window we track, BFEB has the edge at +14.82% annualized vs +6.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BFEB has been the more volatile fund, with annualized monthly volatility of 10.0% compared with 6.2% for UMAY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.8% for BFEB and -12.1% for UMAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BFEB charges 0.79% per year while UMAY charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, BFEB currently yields 0.00% against 0.00% for UMAY.
You are not choosing between two funds in isolation.
Whichever of BFEB and UMAY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BFEB or UMAY?
BFEB has an expense ratio of 0.79% while UMAY charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BFEB or UMAY?
Over the past year BFEB returned +15.60% vs +8.83% for UMAY, so BFEB leads on 1-year performance. Over the longest common window we track (7 years), BFEB annualized +14.82% vs +6.82% for UMAY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BFEB or UMAY?
BFEB has been the more volatile fund at 10.0% annualized versus 6.2% for UMAY. Worst drawdown: BFEB -14.8% vs UMAY -12.1%.
Should I hold both BFEB and UMAY?
BFEB and UMAY have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BFEB or UMAY?
BFEB yields 0.00% while UMAY yields 0.00%, so UMAY currently pays the higher dividend yield.
Is UMAY better than BFEB?
BFEB led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.