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FDRS vs UDEC

Founder-Led ETF vs Innovator U.S. Equity Ultra Buffer ETF - December

FDRS

Founder-Led ETF

Annual cost

0.49%

Fund size

$94M

UDEC

Innovator U.S. Equity Ultra Buffer ETF - December

Annual cost

0.79%

Fund size

$307M

Key differences

FDRS is an equity ETF, while UDEC is an alternative ETF. FDRS charges 0.49% a year and UDEC 0.79%.

  • FDRS is an equity fund, while UDEC is an alternative fund. They carry different risk/return profiles.
  • FDRS follows a index tracking strategy; UDEC uses structured outcome.
  • FDRS costs 0.30% less per year.
  • UDEC is much larger than FDRS. Larger funds are usually more liquid and less likely to close.
  • UDEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRSUDEC
Annual cost (TER)0.49%0.79%
Fund size (AUM)$94M$307M
Since20252019
Dividend yield0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1YN/A+16.2%
CAGR 3YN/A+12.7%
CAGR 5YN/A+7.1%
Sharpe 3YN/A1.15
Volatility 1Y6.61%
Max drawdown-21.64%-13.37%

Similar to FDRS and UDEC