Innovator Equity Defined Protection ETF - 1… (ZDEK) Performance
ZDEK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.7% since Dec 31, 2025
- 1 year
- +6.2% total return
- Since first price
- +12.4% since 2024
ZDEK trailing returns vs SPY, QQQ, AGG
| Period | ZDEK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.3% | +0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.8% | +1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.3% | +3.3% | +7.8% | +8.4% | −1.5% |
| YTD | +4.7% | +4.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.2% | +6.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 2, 2024 | +12.4% | +12.4% | — | — | — |
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: ZDEK vs SPY
From Dec 2, 2024: ZDEK grew to $11,237, SPY to $12,881.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ZDEK returns by calendar year
1 of 1 full years positive. Best 2025 (+7.8%), worst 2025 (+7.8%). 2026 is year to date.
ZDEK annual returns table
| Year | ZDEK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.7% | −1.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.8% | −3.4% | +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.
ZDEK risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +6.9% |
| Volatility (annualized) | 2.8% |
| Sharpe ratio | 1.04 |
| Sortino ratio | 1.63 |
| Best month | +2.1% |
| Worst month | −1.7% |
| Best 12 months | +9.9% |
| Worst 12 months | +6.3% |
| Positive months | 86% |
| 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.
ZDEK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +5.9% | +7.3% | +9.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
ZDEK performance overview
Innovator Equity Defined Protection ETF - 1… (ZDEK) returned +6.2% over the past year, with distributions reinvested. Since its first recorded price on Dec 2, 2024 it has returned +12.4%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: ZDEK chart. See the ZDEK overview for the latest quote and fund facts.
ZDEK performance FAQ
What is the ZDEK return over the past year?
ZDEK returned +6.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.2%.
How much would $10,000 invested in ZDEK be worth?
$10,000 invested in ZDEK at its first recorded close on December 2, 2024 would be worth about $11,237 on October 23, 2026 with distributions reinvested.
How volatile is ZDEK?
Over the past history ZDEK had an annualized volatility of 2.8% and a Sharpe ratio of 1.04 (excess return over 1–3 month T-bills per unit of risk).