PFEB vs UMAY
Innovator US Equity Power Buffer ETF - February vs Innovator U.S. Equity Ultra Buffer ETF - May
Which is better, PFEB or UMAY?
PFEB has been ahead.
PFEB 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 | PFEB | UMAY |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $896M | $137M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 24 |
| YTD Return | +8.65%Best | +6.64% |
| 1Y Return | +12.00%Best | +8.83% |
| 3Y Return (annualized) | +12.79%Best | +11.71% |
| 5Y Return (annualized) | +8.98%Best | +6.64% |
| Volatility (annualized) | 6.9% | 6.2%Best |
| Max Drawdown | -11.1%Best | -12.1% |
| $10,000 over 5 years | $15,372Best | $13,791 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jan 31, 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).
PFEB 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.
PFEB vs UMAY Performance
Innovator US Equity Power Buffer ETF - February (PFEB) 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 PFEB returned +12.00% while UMAY returned +8.83%. Year to date, PFEB is up 8.65% versus a gain of 6.64% for UMAY.
Over three years, PFEB compounded at +12.79% per year against +11.71% for UMAY; over five years the annualized figures are +8.98% and +6.64% respectively. Across the full 7-year window we track, PFEB has the edge at +10.86% annualized vs +6.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFEB has been the more volatile fund, with annualized monthly volatility of 6.9% 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 -11.1% for PFEB 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
PFEB charges 0.79% per year while UMAY charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, PFEB currently yields 0.00% against 0.00% for UMAY.
You are not choosing between two funds in isolation.
Whichever of PFEB 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, PFEB or UMAY?
PFEB 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, PFEB or UMAY?
Over the past year PFEB returned +12.00% vs +8.83% for UMAY, so PFEB leads on 1-year performance. Over the longest common window we track (7 years), PFEB annualized +10.86% vs +6.82% for UMAY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PFEB or UMAY?
PFEB has been the more volatile fund at 6.9% annualized versus 6.2% for UMAY. Worst drawdown: PFEB -11.1% vs UMAY -12.1%.
Should I hold both PFEB and UMAY?
PFEB 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, PFEB or UMAY?
PFEB yields 0.00% while UMAY yields 0.00%, so UMAY currently pays the higher dividend yield.
Is UMAY better than PFEB?
PFEB 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.