BNOVInnovator U.S. Equity Buffer ETF - November
Seeks to provide returns that match the Underlying ETF's return, up to a cap of 17.60%, while buffering the first 9% of losses.
By Innovator ETFs · Launched 2019
Annual Cost
0.79%
#4,364 of 6,035 · expensive
Fund Size
$201M
#2,445 of 6,035 · mid-size
Return (1Y)
+12.5%
Track Record
6 years
#1,970 of 6,035 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,236+12.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 5 holdings = 100.1% of fundconcentrated
N/A
99.3%
N/A
2.7%
US BANK MMDA - USBGFS 9
0.3%
N/A
-0.8%
N/A
-1.5%
Asset allocation
Stocks
99.0%
Cash
1.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
9.2%Low
Year-on-year price swings
Max drawdown
-26.0%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.85Decent risk-adjusted returns
Sortino (3Y)
1.24Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the Underlying ETF's return, up to a cap of 17.60%, while buffering the first 9% of losses.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to provide returns matching the S&P 500, with a cap of 17.60% and a buffer against the first 9% of losses. The strategy is designed for the Outcome Period from November 1, 2025 to October 31, 2026.
- Inception date
- October 31, 2019
- Fund family
- Innovator ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18