IMAY vs ISEP
Innovator International Developed Power Buffer ETF - May vs Innovator International Developed Power Buffer ETF - September
Which is better, IMAY or ISEP?
ISEP has been ahead.
ISEP led over 1Y 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 | IMAY | ISEP |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $50M | $106M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | +5.63% | +6.02%Best |
| 1Y Return | +9.18% | +9.35%Best |
| 3Y Return (annualized) | - | +12.44% |
| Volatility (annualized) | 6.4%Best | 7.1% |
| Max Drawdown | -9.4% | -7.4%Best |
| $10,000 over 2.5 years | $12,812 | $13,172Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | May 1, 2024 | Sep 1, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: May 1, 2024 to Oct 14, 2026 (2.5 years).
IMAY vs ISEP 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 2.5 years both funds cover.
IMAY vs ISEP Performance
Innovator International Developed Power Buffer ETF - May (IMAY) is an ETF from Innovator ETFs Trust and Innovator International Developed Power Buffer ETF - September (ISEP) is an ETF from Innovator ETFs Trust. Over the past year IMAY returned +9.18% while ISEP returned +9.35%. Year to date, IMAY is up 5.63% versus a gain of 6.02% for ISEP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ISEP has been the more volatile fund, with annualized monthly volatility of 7.1% compared with 6.4% for IMAY. 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 -9.4% for IMAY and -7.4% for ISEP. 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
IMAY charges 0.85% per year while ISEP charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, IMAY currently yields 0.00% against 0.00% for ISEP.
You are not choosing between two funds in isolation.
Whichever of IMAY and ISEP 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, IMAY or ISEP?
IMAY has an expense ratio of 0.85% while ISEP charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, IMAY or ISEP?
Over the past year IMAY returned +9.18% vs +9.35% for ISEP, so ISEP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IMAY or ISEP?
ISEP has been the more volatile fund at 7.1% annualized versus 6.4% for IMAY. Worst drawdown: IMAY -9.4% vs ISEP -7.4%.
Should I hold both IMAY and ISEP?
IMAY and ISEP 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, IMAY or ISEP?
IMAY yields 0.00% while ISEP yields 0.00%, so ISEP currently pays the higher dividend yield.
Is ISEP better than IMAY?
ISEP led over 1Y 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.