BNOV vs DMB

Comparison between Innovator U.S. Equity Buffer ETF - November (BNOV, ETF) and BNY Mellon Municipal Bond Infrastructure Fund Inc (DMB, ETF).

5-Year PerformanceBNOV has outperformed DMB, delivering a return of +8.4% compared to -1.6%

BNOV vs DMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNOV(ETF)	DMB(ETF)
Net Assets	$216M	$216M
Expense Ratio	0.79%	N/A
Max Drawdown	24.66%	45.68%
Sharpe Ratio	1.52	1.09
5Y Beta	0.62	0.16
5Y Dividends CAGR	N/A	-6.51%

Net Assets

Winner

BNOV

$216M

DMB

$216M

Expense Ratio

BNOV

0.79%

DMB

N/A

Max Drawdown

Winner

BNOV

24.66%

DMB

45.68%

Sharpe Ratio

Winner

BNOV

1.52

DMB

1.09

5Y Beta

BNOV

0.62

Winner

DMB

0.16

5Y Dividends CAGR

BNOV

N/A

DMB

-6.51%

BNOV vs DMB - Historical Returns

Returns include dividend reinvestment.

Period	BNOV	DMB
1 month	+0.66%	-0.35%
3 months	+8.32%	+1.89%
6 months	+7.15%	+5.68%
1 year	+17.35%	+14.31%
5 years(CAGR)	+8.40%	-1.61%
10 years(CAGR)	N/A	+2.11%
Max(CAGR)	+9.71%	+2.55%

Winner

BNOV

+0.66%

DMB

-0.35%

Winner

BNOV

+8.32%

DMB

+1.89%

Winner

BNOV

+7.15%

DMB

+5.68%

Winner

BNOV

+17.35%

DMB

+14.31%

5Y(CAGR)

Winner

BNOV

+8.40%

DMB

-1.61%

10Y(CAGR)

BNOV

N/A

DMB

+2.11%

Max(CAGR)

Winner

BNOV

+9.71%

DMB

+2.55%

BNOV vs DMB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	BNOV	DMB
2026	+6.64%	+2.57%
2025	+13.39%	+9.74%
2024	+12.80%	+3.98%
2023	+17.54%	+1.28%
2022	-9.92%	-23.14%
2021	+11.59%	+7.81%
2020	+11.32%	+1.72%
2019	+3.70%	+26.28%
2018	N/A	-3.89%
2017	N/A	+11.17%
2016	N/A	+3.68%
2015	N/A	+8.20%
2014	N/A	+23.98%
2013	N/A	-28.51%

BNOV vs DMB Drawdown Comparison

The maximum drawdown for BNOV was -24.66%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The maximum drawdown for DMB was -40.11%, occurring on Oct 31, 2023. This drawdown has not yet recovered.

The current BNOV drawdown is -1.34%. The current DMB drawdown is -19.02%.

Rank	BNOV	DMB
#1	-24.66% Feb 19, 2020 - Aug 5, 2020	-40.11% Sep 17, 2021 - Oct 31, 2023
#2	-16.27% Jan 4, 2022 - Jun 12, 2023	-33.61% Feb 13, 2020 - Jan 21, 2021
#3	-13.70% Feb 19, 2025 - Jun 24, 2025	-32.69% May 29, 2013 - Feb 1, 2016
#4	-10.13% Jul 28, 2023 - Dec 27, 2023	-16.28% Jul 8, 2016 - Mar 22, 2019
#5	-6.57% Jan 27, 2026 - Apr 14, 2026	-7.56% Feb 12, 2021 - Apr 23, 2021
#6	-4.78% Oct 12, 2020 - Nov 9, 2020	-4.61% Aug 12, 2019 - Dec 31, 2019
#7	-4.14% Sep 2, 2020 - Oct 8, 2020	-4.10% Jul 15, 2021 - Aug 31, 2021
#8	-3.77% Nov 3, 2025 - Dec 23, 2025	-2.83% May 6, 2016 - May 26, 2016
#9	-2.88% Nov 5, 2021 - Dec 8, 2021	-2.69% Jun 14, 2019 - Jul 17, 2019
#10	-2.72% Jun 1, 2026 - Jun 10, 2026	-2.66% Jan 15, 2020 - Feb 10, 2020
#11	-2.50% Jul 16, 2024 - Aug 14, 2024	-2.02% May 27, 2021 - Jul 2, 2021
#12	-2.42% Dec 6, 2024 - Jan 21, 2025	-1.96% Apr 23, 2021 - May 7, 2021
#13	-2.12% Jan 20, 2021 - Feb 5, 2021	-1.91% Feb 10, 2016 - Mar 1, 2016
#14	-1.89% Feb 24, 2021 - Mar 9, 2021	-1.53% Apr 2, 2019 - Apr 11, 2019
#15	-1.86% Jun 15, 2023 - Jun 30, 2023	-1.22% Mar 7, 2016 - Mar 17, 2016