Innovator U.S. Small Cap Power Buffer ETF - November (KNOV) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KNOV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KNOV
KNOV charges 0.79% annually. There are 89 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | KNOV vs JULB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | KNOV vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | KNOV vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | KNOV vs APRB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | KNOV vs FBUF |
Best Risk-Adjusted Alternatives to KNOV
KNOV has a PortfoliosLab risk / return rank of 81. There are 119 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | KNOV vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | KNOV vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | KNOV vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | KNOV vs ZAPR | |
| Innovator U.S. Equity Power Buffer ETF - April | 98 | 952.31M | Apr 2019 | KNOV vs PAPR |
Top Performing KNOV Alternatives (YTD)
KNOV is at 10.63% YTD. There are 6 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | KNOV vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.09% | — | Jan 2025 | KNOV vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.41% | 216.78M | Mar 2020 | KNOV vs KAPR | |
| FT Vest Emerging Markets Buffer ETF - March | 12.21% | — | Mar 2025 | KNOV vs TMAR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 11.31% | 563.55M | Mar 2021 | KNOV vs QMAR |
Lowest Volatility Alternatives to KNOV
KNOV has 11.40% 1-year volatility. There are 269 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.17% | — | Mar 2025 | KNOV vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.22% | — | Apr 2025 | KNOV vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.29% | — | Apr 2025 | KNOV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.35% | 19.60M | Apr 2025 | KNOV vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.43% | — | Mar 2025 | KNOV vs MMAX |
Lowest Drawdown Alternatives to KNOV
KNOV has a 1-year max drawdown of -5.36%. There are 159 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | KNOV vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | KNOV vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | KNOV vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | KNOV vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | KNOV vs CPSM |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 5 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 94 | 2.19% | 2.53B | Jun 2021 | KNOV vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 29 | 20.20% | 89.40M | Apr 2015 | KNOV vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 85 | 5.01% | 869.51M | Oct 2016 | KNOV vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 49 | 3.29% | 2.04B | Nov 2022 | KNOV vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 57 | 20.82% | 214.23M | Jul 2018 | KNOV vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 78 | 4.54% | 1.48B | Jan 2019 | KNOV vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 9.97% | 404.13M | Mar 2019 | KNOV vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 89 | 4.91% | 997.06M | Aug 2018 | KNOV vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 53 | 3.09% | 524.53M | Jan 2024 | KNOV vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 4.90% | 969.70M | Sep 2018 | KNOV vs POCT |
Often Compared With KNOV
Investors most often compare KNOV with APRZ, UAPR, IAPR. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare KNOV with Any Fund or Stock
Compare KNOV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KNOV with funds that move differently
Innovator U.S. Small Cap Power Buffer ETF - November alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KNOV.
Explore KNOV Diversifiers