BMAR vs PDEC
Innovator US Equity Buffer ETF - March vs Innovator US Equity Power Buffer ETF - December
Which is better, BMAR or PDEC?
BMAR has been ahead.
BMAR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | BMAR | PDEC |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $207M | $996M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | +12.05%Best | +9.31% |
| 1Y Return | +15.70%Best | +13.15% |
| 3Y Return (annualized) | +17.20%Best | +13.00% |
| 5Y Return (annualized) | +12.11%Best | +8.90% |
| Volatility (annualized) | 9.9% | 8.3%Best |
| Max Drawdown | -21.4% | -16.9%Best |
| $10,000 over 5 years | $17,710Best | $15,316 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Feb 28, 2020 | Dec 1, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 2, 2020 to Oct 14, 2026 (6.6 years).
BMAR vs PDEC 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 6.6 years both funds cover.
BMAR vs PDEC Performance
Innovator US Equity Buffer ETF - March (BMAR) is an ETF from Innovator ETFs Trust and Innovator US Equity Power Buffer ETF - December (PDEC) is an ETF from Innovator ETFs Trust. Over the past year BMAR returned +15.70% while PDEC returned +13.15%. Year to date, BMAR is up 12.05% versus a gain of 9.31% for PDEC.
Over three years, BMAR compounded at +17.20% per year against +13.00% for PDEC; over five years the annualized figures are +12.11% and +8.90% respectively. Across the full 7-year window we track, BMAR has the edge at +12.84% annualized vs +9.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BMAR has been the more volatile fund, with annualized monthly volatility of 9.9% compared with 8.3% for PDEC. 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 -21.4% for BMAR and -16.9% for PDEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BMAR charges 0.79% per year while PDEC charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, BMAR currently yields 0.00% against 0.00% for PDEC.
You are not choosing between two funds in isolation.
Whichever of BMAR and PDEC 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, BMAR or PDEC?
BMAR has an expense ratio of 0.79% while PDEC charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BMAR or PDEC?
Over the past year BMAR returned +15.70% vs +13.15% for PDEC, so BMAR leads on 1-year performance. Over the longest common window we track (7 years), BMAR annualized +12.84% vs +9.29% for PDEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMAR or PDEC?
BMAR has been the more volatile fund at 9.9% annualized versus 8.3% for PDEC. Worst drawdown: BMAR -21.4% vs PDEC -16.9%.
Should I hold both BMAR and PDEC?
BMAR and PDEC have a monthly-return correlation of 0.94, 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, BMAR or PDEC?
BMAR yields 0.00% while PDEC yields 0.00%, so PDEC currently pays the higher dividend yield.
Is PDEC better than BMAR?
BMAR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.