PMAY vs XDSQ

PMAY vs XDSQ

Which is better, PMAY or XDSQ?

XDSQ has been ahead.

XDSQ led over 1Y, 3Y, 5Y and the full window.

Lower Fees: TiedHigher Returns: XDSQ

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

MetricPMAYXDSQ
Expense Ratio0.79%Tie0.79%Tie
AUM$820M$71M
Dividend Yield0.00%0.00%
Holdings1221
YTD Return+7.13%+8.17%Best
1Y Return+9.34%+13.75%Best
3Y Return (annualized)+12.43%+17.06%Best
5Y Return (annualized)+7.24%+10.19%Best
Volatility (annualized)7.2%Best13.3%
Max Drawdown-13.1%Best-26.1%
$10,000 over 5 years$14,184$16,245Best
Fund FamilyInnovator ETFs TrustInnovator ETFs Trust
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionApr 30, 2020Mar 31, 2021

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2021 to Oct 14, 2026 (5.5 years).

PMAY vs XDSQ 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 5.5 years both funds cover.

Compare PMAY against instead:PMAY vs SPYPMAY vs QQQPMAY vs VOOPMAY vs VTIXDSQ against:XDSQ vs VXUS

PMAY vs XDSQ Performance

Innovator US Equity Power Buffer ETF - May (PMAY) is an ETF from Innovator ETFs Trust and Innovator US Equity Accelerated ETF - Quarterly (XDSQ) is an ETF from Innovator ETFs Trust. Over the past year PMAY returned +9.34% while XDSQ returned +13.75%. Year to date, PMAY is up 7.13% versus a gain of 8.17% for XDSQ.

Over three years, PMAY compounded at +12.43% per year against +17.06% for XDSQ; over five years the annualized figures are +7.24% and +10.19% respectively. Across the full 6-year window we track, XDSQ has the edge at +10.72% annualized vs +7.22%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

XDSQ has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 7.2% for PMAY. 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 -13.1% for PMAY and -26.1% for XDSQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PMAY charges 0.79% per year while XDSQ charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, PMAY currently yields 0.00% against 0.00% for XDSQ.

You are not choosing between two funds in isolation.

Whichever of PMAY and XDSQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

PMAYXDSQ

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Frequently Asked Questions

Which is cheaper, PMAY or XDSQ?

PMAY has an expense ratio of 0.79% while XDSQ charges 0.79%. At the precision these are quoted to, they cost the same.

Which performed better, PMAY or XDSQ?

Over the past year PMAY returned +9.34% vs +13.75% for XDSQ, so XDSQ leads on 1-year performance. Over the longest common window we track (6 years), PMAY annualized +7.22% vs +10.72% for XDSQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PMAY or XDSQ?

XDSQ has been the more volatile fund at 13.3% annualized versus 7.2% for PMAY. Worst drawdown: PMAY -13.1% vs XDSQ -26.1%.

Should I hold both PMAY and XDSQ?

PMAY and XDSQ have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, PMAY or XDSQ?

PMAY yields 0.00% while XDSQ yields 0.00%, so XDSQ currently pays the higher dividend yield.

Is XDSQ better than PMAY?

XDSQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.