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Innovator U.S. Equity Buffer ETF - November (BNOV)

ETF · Currency in USD · Last updated Jan 25, 2023

BNOV is a passive ETF by Innovator tracking the investment results of the Cboe S&P 500 Buffer Protect Index November. BNOV launched on Nov 1, 2019 and has a 0.79% expense ratio.

ETF Info

IssuerInnovator
Inception DateNov 1, 2019
RegionNorth America (U.S.)
CategoryVolatility Hedged Equity
Expense Ratio0.79%
Index TrackedCboe S&P 500 Buffer Protect Index November
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Trading Data

Previous Close$30.97
Year Range$27.69 - $32.50
EMA (50)$30.13
EMA (200)$30.25
Average Volume$24.97K

BNOVShare Price Chart


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BNOVPerformance

The chart shows the growth of $10,000 invested in Innovator U.S. Equity Buffer ETF - November in Nov 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,046 for a total return of roughly 20.46%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2023
2.10%
-1.36%
BNOV (Innovator U.S. Equity Buffer ETF - November)
Benchmark (^GSPC)

BNOVCompare to other instruments

Search for stocks, ETFs, and funds to compare with BNOV

BNOVReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD3.93%4.62%
1M3.94%4.48%
6M3.67%1.26%
1Y-1.00%-8.66%
5Y5.95%8.75%
10Y5.95%8.75%

BNOVMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.31%-2.05%2.95%-6.37%0.76%-5.41%6.72%-1.93%-7.51%7.35%4.22%-4.10%
2021-0.96%1.75%3.01%1.14%0.78%0.75%0.14%0.83%0.02%0.55%-0.98%3.19%
20200.24%-6.68%-7.42%8.20%3.65%1.36%3.59%3.70%-0.93%-1.90%6.98%1.71%
20192.09%1.58%

BNOVSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Innovator U.S. Equity Buffer ETF - November Sharpe ratio is -0.06. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.00AugustSeptemberOctoberNovemberDecember2023
-0.06
-0.36
BNOV (Innovator U.S. Equity Buffer ETF - November)
Benchmark (^GSPC)

BNOVDividend History


Innovator U.S. Equity Buffer ETF - November doesn't pay dividends

BNOVDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-6.42%
-16.25%
BNOV (Innovator U.S. Equity Buffer ETF - November)
Benchmark (^GSPC)

BNOVWorst Drawdowns

The table below shows the maximum drawdowns of the Innovator U.S. Equity Buffer ETF - November. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Innovator U.S. Equity Buffer ETF - November is 24.66%, recorded on Mar 23, 2020. It took 94 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.66%Feb 20, 202023Mar 23, 202094Aug 5, 2020117
-16.27%Jan 5, 2022194Oct 12, 2022
-4.78%Oct 13, 202012Oct 28, 20208Nov 9, 202020
-4.13%Sep 3, 202014Sep 23, 202011Oct 8, 202025
-2.88%Nov 8, 202117Dec 1, 20215Dec 8, 202122
-2.13%Jan 21, 20217Jan 29, 20215Feb 5, 202112
-1.88%Feb 25, 20216Mar 4, 20213Mar 9, 20219
-1.81%Dec 13, 20216Dec 20, 20213Dec 23, 20219
-1.78%May 10, 20213May 12, 202112May 28, 202115
-1.6%Jan 23, 20207Jan 31, 20203Feb 5, 202010

BNOVVolatility Chart

Current Innovator U.S. Equity Buffer ETF - November volatility is 13.49%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%AugustSeptemberOctoberNovemberDecember2023
13.49%
17.05%
BNOV (Innovator U.S. Equity Buffer ETF - November)
Benchmark (^GSPC)