Innovator Growth-100 Power Buffer ETF - December (NDEC) Performance
NDEC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.4% since Dec 31, 2025
- 1 year
- +12.1% total return
- Since first price
- +25.4% since 2024
NDEC trailing returns vs SPY, QQQ, AGG
| Period | NDEC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.2% | +3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.6% | +6.6% | +7.8% | +8.4% | −1.5% |
| YTD | +10.4% | +10.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.1% | +12.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 2, 2024 | +25.4% | +25.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NDEC vs SPY
From Dec 2, 2024: NDEC grew to $12,539, SPY to $12,881.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NDEC returns by calendar year
1 of 1 full years positive. Best 2025 (+13.7%), worst 2025 (+13.7%). 2026 is year to date.
NDEC annual returns table
| Year | NDEC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.4% | −6.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.7% | −13.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NDEC largest drawdowns
Now 2.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −13.0% | Apr 8, 2025 | Jun 3, 2025 | 48 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NDEC risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +14.7% |
| Volatility (annualized) | 8.9% |
| Sharpe ratio | 1.17 |
| Sortino ratio | 2.52 |
| Best month | +7.9% |
| Worst month | −3.8% |
| Best 12 months | +22.7% |
| Worst 12 months | +12.7% |
| Positive months | 76% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NDEC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +11.4% | +14.3% | +22.7% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
NDEC performance overview
Innovator Growth-100 Power Buffer ETF - December (NDEC) returned +12.1% over the past year, with distributions reinvested. Since its first recorded price on Dec 2, 2024 it has returned +25.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.0%, from Feb 19, 2025 to Apr 8, 2025, and it took 56 days to get back to the old high. Volatility has been 8.9% a year.
Related: NDEC chart. See the NDEC overview for the latest quote and fund facts.
NDEC performance FAQ
What is the NDEC return over the past year?
NDEC returned +12.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.1%.
How much would $10,000 invested in NDEC be worth?
$10,000 invested in NDEC at its first recorded close on December 2, 2024 would be worth about $12,539 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of NDEC?
The largest peak-to-trough decline was −13.0% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 3, 2025, 56 days after the bottom.
How volatile is NDEC?
Over the past history NDEC had an annualized volatility of 8.9% and a Sharpe ratio of 1.17 (excess return over 1–3 month T-bills per unit of risk).