UNOV vs. VTI
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - November (UNOV) and Vanguard Total Stock Market ETF (VTI).
UNOV and VTI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UNOV is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect November Series Index. It was launched on Nov 1, 2019. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on Jun 27, 2016. Both UNOV and VTI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UNOV vs. VTI - Performance Comparison
Loading graphics...
UNOV vs. VTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UNOV Innovator U.S. Equity Ultra Buffer ETF - November | -1.75% | 9.92% | 9.42% | 14.18% | -6.23% | 4.45% | 8.31% | 1.87% |
VTI Vanguard Total Stock Market ETF | -3.29% | 17.10% | 23.81% | 26.05% | -19.52% | 25.68% | 21.08% | 5.57% |
Returns By Period
In the year-to-date period, UNOV achieves a -1.75% return, which is significantly higher than VTI's -3.29% return.
UNOV
- 1D
- 0.32%
- 1M
- -2.40%
- YTD
- -1.75%
- 6M
- -0.35%
- 1Y
- 9.78%
- 3Y*
- 8.89%
- 5Y*
- 5.41%
- 10Y*
- —
VTI
- 1D
- 0.76%
- 1M
- -4.38%
- YTD
- -3.29%
- 6M
- -1.26%
- 1Y
- 18.60%
- 3Y*
- 18.14%
- 5Y*
- 10.63%
- 10Y*
- 13.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UNOV vs. VTI - Expense Ratio Comparison
UNOV has a 0.79% expense ratio, which is higher than VTI's 0.03% expense ratio.
Return for Risk
UNOV vs. VTI — Risk / Return Rank
UNOV
VTI
UNOV vs. VTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - November (UNOV) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| UNOV | VTI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 0.98 | +0.17 |
Sortino ratioReturn per unit of downside risk | 1.71 | 1.52 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.23 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 1.54 | +0.21 |
Martin ratioReturn relative to average drawdown | 8.25 | 7.30 | +0.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UNOV | VTI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 0.98 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.61 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.48 | +0.31 |
Correlation
The correlation between UNOV and VTI is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
UNOV vs. VTI - Dividend Comparison
UNOV has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNOV Innovator U.S. Equity Ultra Buffer ETF - November | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTI Vanguard Total Stock Market ETF | 1.17% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
Drawdowns
UNOV vs. VTI - Drawdown Comparison
The maximum UNOV drawdown since its inception was -13.84%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for UNOV and VTI.
Loading graphics...
Drawdown Indicators
| UNOV | VTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.84% | -55.45% | +41.61% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | -12.30% | +6.52% |
Max Drawdown (5Y)Largest decline over 5 years | -9.10% | -25.36% | +16.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.00% | — |
Current DrawdownCurrent decline from peak | -2.93% | -5.54% | +2.61% |
Average DrawdownAverage peak-to-trough decline | -1.69% | -8.08% | +6.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 2.60% | -1.37% |
Volatility
UNOV vs. VTI - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - November (UNOV) is 2.73%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 5.48%. This indicates that UNOV experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UNOV | VTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 5.48% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 4.56% | 9.75% | -5.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.51% | 19.02% | -10.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.78% | 17.41% | -10.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.77% | 18.29% | -10.52% |