BNOV vs LDRX

Comparison between Innovator U.S. Equity Buffer ETF - November (BNOV, ETF) and SGI ENHANCED MARKET LEADERS ETF (LDRX, ETF).

BNOV vs LDRX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNOV(ETF)	LDRX(ETF)
Net Assets	$233M	$232M
Expense Ratio	0.79%	0.59%
Max Drawdown	24.66%	11.38%
Sharpe Ratio	1.56	1.64
5Y Beta	0.62	1.00
P/E Ratio	N/A	29.54
Forward P/E	N/A	23.48
PEG Ratio	N/A	0.56
5Y EPS CAGR	N/A	29.71%
Debt to Equity	N/A	31.56%
P/S Ratio	N/A	5.10
P/B Ratio	N/A	6.72

Net Assets

Winner

BNOV

$233M

LDRX

$232M

Expense Ratio

BNOV

0.79%

Winner

LDRX

0.59%

Max Drawdown

BNOV

24.66%

Winner

LDRX

11.38%

Sharpe Ratio

BNOV

1.56

Winner

LDRX

1.64

5Y Beta

Winner

BNOV

0.62

LDRX

1.00

P/E Ratio

BNOV

N/A

LDRX

29.54

Forward P/E

BNOV

N/A

LDRX

23.48

PEG Ratio

BNOV

N/A

LDRX

0.56

5Y EPS CAGR

BNOV

N/A

LDRX

29.71%

Debt to Equity

BNOV

N/A

LDRX

31.56%

P/S Ratio

BNOV

N/A

LDRX

5.10

P/B Ratio

BNOV

N/A

LDRX

6.72

BNOV vs LDRX - Historical Returns

Returns include dividend reinvestment.

Period	BNOV	LDRX
1 month	+1.54%	+1.82%
3 months	+6.49%	+9.70%
6 months	+6.49%	+6.63%
1 year	+18.52%	+27.48%
5 years(CAGR)	+8.41%	N/A
Max(CAGR)	+9.69%	+29.71%

BNOV

+1.54%

Winner

LDRX

+1.82%

BNOV

+6.49%

Winner

LDRX

+9.70%

BNOV

+6.49%

Winner

LDRX

+6.63%

BNOV

+18.52%

Winner

LDRX

+27.48%

5Y(CAGR)

BNOV

+8.41%

LDRX

N/A

Max(CAGR)

BNOV

+9.69%

Winner

LDRX

+29.71%

BNOV vs LDRX - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	BNOV	LDRX
2026	+6.37%	+7.31%
2025	+13.39%	+23.81%
2024	+12.80%	N/A
2023	+17.54%	N/A
2022	-9.92%	N/A
2021	+11.59%	N/A
2020	+11.32%	N/A
2019	+3.70%	N/A

BNOV vs LDRX Drawdown Comparison

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

The maximum drawdown for LDRX was -10.62%, occurring on Mar 30, 2026. Recovery took 114 trading sessions.

The current BNOV drawdown is -1.59%. The current LDRX drawdown is -3.47%.

Rank	BNOV	LDRX
#1	-24.66% Feb 19, 2020 - Aug 5, 2020	-10.62% Oct 29, 2025 - Apr 15, 2026
#2	-16.27% Jan 4, 2022 - Jun 12, 2023	-3.47% Jun 1, 2026 - Jun 5, 2026
#3	-13.70% Feb 19, 2025 - Jun 24, 2025	-2.89% Jul 25, 2025 - Aug 13, 2025
#4	-10.13% Jul 28, 2023 - Dec 27, 2023	-2.36% May 16, 2025 - Jun 3, 2025
#5	-6.57% Jan 27, 2026 - Apr 14, 2026	-2.35% Sep 22, 2025 - Oct 20, 2025
#6	-4.78% Oct 12, 2020 - Nov 9, 2020	-2.12% May 14, 2026 - May 28, 2026
#7	-4.14% Sep 2, 2020 - Oct 8, 2020	-1.43% Aug 14, 2025 - Aug 22, 2025
#8	-3.77% Nov 3, 2025 - Dec 23, 2025	-1.16% Jul 3, 2025 - Jul 22, 2025
#9	-2.88% Nov 5, 2021 - Dec 8, 2021	-1.14% Aug 28, 2025 - Sep 4, 2025
#10	-2.50% Jul 16, 2024 - Aug 14, 2024	-1.13% Apr 17, 2026 - Apr 22, 2026
#11	-2.42% Dec 6, 2024 - Jan 21, 2025	-0.88% Jun 16, 2025 - Jun 23, 2025
#12	-2.12% Jan 20, 2021 - Feb 5, 2021	-0.85% May 5, 2025 - May 8, 2025
#13	-1.89% Feb 24, 2021 - Mar 9, 2021	-0.61% Apr 22, 2026 - Apr 24, 2026
#14	-1.86% Jun 15, 2023 - Jun 30, 2023	-0.60% Oct 20, 2025 - Oct 23, 2025
#15	-1.81% Dec 10, 2021 - Dec 23, 2021	-0.54% Jun 10, 2025 - Jun 12, 2025