BNOV vs IIF

Comparison between Innovator U.S. Equity Buffer ETF - November (BNOV, ETF) and Morgan Stanley India Investment Fund Inc (IIF, ETF).

5-Year PerformanceBNOV has outperformed IIF, delivering a return of +8.4% compared to +7.2%

BNOV vs IIF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNOV(ETF)	IIF(ETF)
Net Assets	$233M	$233M
Expense Ratio	0.79%	N/A
Max Drawdown	24.66%	85.15%
Sharpe Ratio	1.56	-1.21
5Y Beta	0.62	0.47
5Y Dividends CAGR	N/A	128.74%

Net Assets

BNOV

$233M

Winner

IIF

$233M

Expense Ratio

BNOV

0.79%

IIF

N/A

Max Drawdown

Winner

BNOV

24.66%

IIF

85.15%

Sharpe Ratio

Winner

BNOV

1.56

IIF

-1.21

5Y Beta

BNOV

0.62

Winner

IIF

0.47

5Y Dividends CAGR

BNOV

N/A

IIF

128.74%

BNOV vs IIF - Historical Returns

Returns include dividend reinvestment.

Period	BNOV	IIF
1 month	+1.54%	-3.91%
3 months	+6.49%	-8.02%
6 months	+6.49%	-14.63%
1 year	+18.52%	-15.33%
5 years(CAGR)	+8.41%	+7.18%
10 years(CAGR)	N/A	+7.68%
Max(CAGR)	+9.69%	+13.48%

Winner

BNOV

+1.54%

IIF

-3.91%

Winner

BNOV

+6.49%

IIF

-8.02%

Winner

BNOV

+6.49%

IIF

-14.63%

Winner

BNOV

+18.52%

IIF

-15.33%

5Y(CAGR)

Winner

BNOV

+8.41%

IIF

+7.18%

10Y(CAGR)

BNOV

N/A

IIF

+7.68%

Max(CAGR)

BNOV

+9.69%

Winner

IIF

+13.48%

BNOV vs IIF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BNOV	IIF
2026	+6.37%	-16.06%
2025	+13.39%	+5.62%
2024	+12.80%	+30.11%
2023	+17.54%	+21.08%
2022	-9.92%	-10.32%
2021	+11.59%	+30.04%
2020	+11.32%	+5.23%
2019	+3.70%	+0.04%
2018	N/A	-21.78%
2017	N/A	+50.17%
2016	N/A	+8.14%
2015	N/A	-6.26%
2014	N/A	+58.58%
2013	N/A	-7.61%
2012	N/A	+27.71%
2011	N/A	-43.26%
2010	N/A	+22.07%
2009	N/A	+68.48%
2008	N/A	-55.37%
2007	N/A	+77.20%
2006	N/A	+43.07%
2005	N/A	+31.95%
2004	N/A	+16.57%
2003	N/A	+170.13%
2002	N/A	+14.42%
2001	N/A	-11.08%
2000	N/A	-26.41%
1999	N/A	+36.82%

BNOV vs IIF Drawdown Comparison

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

The maximum drawdown for IIF was -66.78%, occurring on Nov 20, 2008. Recovery took 694 trading sessions.

The current BNOV drawdown is -1.59%. The current IIF drawdown is -19.80%.

Rank	BNOV	IIF
#1	-24.66% Feb 19, 2020 - Aug 5, 2020	-66.78% Jan 2, 2008 - Oct 4, 2010
#2	-16.27% Jan 4, 2022 - Jun 12, 2023	-59.10% Jan 23, 2018 - Aug 30, 2021
#3	-13.70% Feb 19, 2025 - Jun 24, 2025	-54.90% Feb 8, 2000 - Aug 22, 2003
#4	-10.13% Jul 28, 2023 - Dec 27, 2023	-49.86% Nov 5, 2010 - Nov 18, 2014
#5	-6.57% Jan 27, 2026 - Apr 14, 2026	-36.83% May 10, 2006 - Jul 9, 2007
#6	-4.78% Oct 12, 2020 - Nov 9, 2020	-34.47% Jan 13, 2004 - Dec 21, 2004
#7	-4.14% Sep 2, 2020 - Oct 8, 2020	-28.32% Mar 5, 2015 - Feb 2, 2017
#8	-3.77% Nov 3, 2025 - Dec 23, 2025	-24.17% Jun 27, 2025 - Mar 30, 2026
#9	-2.88% Nov 5, 2021 - Dec 8, 2021	-23.35% Jan 12, 2022 - Dec 6, 2023
#10	-2.50% Jul 16, 2024 - Aug 14, 2024	-21.21% Sep 19, 2005 - Jan 6, 2006
#11	-2.42% Dec 6, 2024 - Jan 21, 2025	-17.77% Mar 4, 2005 - Jun 22, 2005
#12	-2.12% Jan 20, 2021 - Feb 5, 2021	-17.61% Sep 27, 2024 - Jun 11, 2025
#13	-1.89% Feb 24, 2021 - Mar 9, 2021	-15.76% Nov 4, 2003 - Dec 1, 2003
#14	-1.86% Jun 15, 2023 - Jun 30, 2023	-15.75% Jul 23, 2007 - Sep 19, 2007
#15	-1.81% Dec 10, 2021 - Dec 23, 2021	-15.56% Oct 29, 2007 - Dec 5, 2007