Innovator Growth-100 Power Buffer ETF - November (NNOV) 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 NNOV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NNOV
NNOV 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 April Buffer ETF | 0.25% | — | Oct 2025 | NNOV vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | NNOV vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | NNOV vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | NNOV vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | NNOV vs FBUF |
Best Risk-Adjusted Alternatives to NNOV
NNOV has a PortfoliosLab risk / return rank of 62. There are 179 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 | NNOV vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | NNOV vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | NNOV vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | NNOV vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | NNOV vs XBAP |
Top Performing NNOV Alternatives (YTD)
NNOV is at 8.17% YTD. There are 27 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 | NNOV vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.02% | — | Jan 2025 | NNOV vs KFEB | |
| FT Vest Emerging Markets Buffer ETF - March | 12.46% | — | Mar 2025 | NNOV vs TMAR | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.34% | 216.78M | Mar 2020 | NNOV vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 11.40% | 563.55M | Mar 2021 | NNOV vs QMAR |
Lowest Volatility Alternatives to NNOV
NNOV has 8.26% 1-year volatility. There are 216 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | NNOV vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.22% | — | Apr 2025 | NNOV vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | NNOV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | NNOV vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.43% | — | Mar 2025 | NNOV vs MMAX |
Lowest Drawdown Alternatives to NNOV
NNOV has a 1-year max drawdown of -6.70%. There are 194 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 | NNOV vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | NNOV vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | NNOV vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | NNOV vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | NNOV 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 | 2.21% | 2.53B | Jun 2021 | NNOV vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.94% | 89.40M | Apr 2015 | NNOV vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 85 | 4.91% | 869.51M | Oct 2016 | NNOV vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 49 | 3.43% | 2.04B | Nov 2022 | NNOV vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 60 | 21.99% | 214.23M | Jul 2018 | NNOV vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 77 | 4.57% | 1.48B | Jan 2019 | NNOV vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.04% | 404.13M | Mar 2019 | NNOV vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 90 | 4.80% | 997.06M | Aug 2018 | NNOV vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 54 | 3.27% | 524.53M | Jan 2024 | NNOV vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 74 | 4.83% | 969.70M | Sep 2018 | NNOV vs POCT |
Often Compared With NNOV
Investors most often compare NNOV with BNO, BPH, PMJA. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare NNOV with Any Fund or Stock
Compare NNOV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NNOV with funds that move differently
Innovator Growth-100 Power Buffer ETF - November alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NNOV.
Explore NNOV Diversifiers