UDECvsSPYIETF Comparison
ETF 1
UDEC
Innovator U.S. Equity Ultra Buffer ETF - December
This fund is part of
Options Strategies
-0.88%
VS
Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) and NEOS S&P 500 High Income ETF (SPYI) belong to the same industry segment: Options Strategies. UDEC is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.68% for SPYI. UDEC is up 8.48% year-to-date (YTD) with -$90M in YTD flows. SPYI performs better with 11.28% YTD performance, and +$5.43B in YTD flows. Run a side-by-side ETF comparison of UDEC and SPYI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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UDEC vs SPYI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | UDEC SPYI | +1.30%+1.71% | +2.48%+2.73% | +8.48%+11.28% | +12.52%+15.93% | +43.67%+60.69% | +43.91%n/a |
| Flows | UDEC SPYI | -$8M+$465M | -$14M+$1.86B | -$90M+$5.43B | -$60M+$6.58B | +$83M+$11.71B | +$121M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | UDEC SPYI | +4.46%+8.90% | +6.08%+10.72% | +7.11%+12.54% | +7.51%n/a |
| Max drawdown | UDEC SPYI | -1.12%-2.47% | -4.27%-7.69% | -8.96%-16.58% | -10.33%n/a |
| Max drawdown duration | UDEC SPYI | 14d15d | 76d48d | 124d125d | 553dn/a |
Trading data
UDEC | SPYI | |
Last sale 10/16/2026 at 1:30 PM | $42.95 | $53.35 |
| Previous close 10/16/2026 | $43.16 | $53.82 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
UDEC | SPYI | |
|---|---|---|
| Last price | $42.95 | $53.35 |
| 1D performance | -0.48% | -0.87% |
| AuM | $240.68 M | $12.49 B |
| E/R | 0.79% | 0.68% |
Characteristics
UDEC | SPYI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | NEOS Investment Management |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 2, 2019 | August 30, 2022 |
| ESG | No | No |
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Exposure
Countries
UDEC
Data will be available soon
SPYI
Data will be available soon
Sectors
UDEC
Data will be available soon
SPYI
Data will be available soon
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Diversification
UDEC
Data will be available soon
SPYI
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
UDEC
Data will be available soon
SPYI
Data will be available soon
Frequently asked questions about UDEC and SPYI
How have the UDEC and SPYI ETFs performed in 2026?
As of October 16, 2026, UDEC is up 8.48% year-to-date (YTD), while SPYI has returned 11.28%. That puts SPYI better performer ahead so far this year.
Which ETF is attracting more investor money: UDEC or SPYI?
Year-to-date, the UDEC ETF saw -$90M in flows, compared to +$5.43B for SPYI.
Which ETF is more volatile: UDEC or SPYI?
Over the past year, UDEC had a volatility of 6.08%, while SPYI experienced 10.72%.
Which ETF is bigger: UDEC or SPYI?
As of October 16, 2026, UDEC holds $240.68 M in assets under management (AUM), while SPYI manages $12.49 B.
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