CRWG vs ZNOV

Comparison between LEVERAGE SHARES 2X LONG CRWV DAILY ETF (CRWG, ETF) and Innovator Equity Defined Protection ETF 1 Yr November (ZNOV, ETF).

CRWG vs ZNOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CRWG(ETF)	ZNOV(ETF)
Net Assets	$104M	$104M
Expense Ratio	N/A	0.79%
Max Drawdown	94.42%	3.31%
Sharpe Ratio	0.32	0.88
5Y Beta	6.79	0.16

Net Assets

Winner

CRWG

$104M

ZNOV

$104M

Expense Ratio

CRWG

N/A

ZNOV

0.79%

Max Drawdown

CRWG

94.42%

Winner

ZNOV

3.31%

Sharpe Ratio

CRWG

0.32

Winner

ZNOV

0.88

5Y Beta

CRWG

6.79

Winner

ZNOV

0.16

CRWG vs ZNOV - Historical Returns

Returns include dividend reinvestment.

Period	CRWG	ZNOV
1 month	+2.72%	+0.67%
3 months	-51.44%	+1.52%
6 months	-45.66%	+3.62%
1 year	-67.82%	+6.26%
Max(CAGR)	-87.13%	+6.18%

Winner

CRWG

+2.72%

ZNOV

+0.67%

CRWG

-51.44%

Winner

ZNOV

+1.52%

CRWG

-45.66%

Winner

ZNOV

+3.62%

CRWG

-67.82%

Winner

ZNOV

+6.26%

Max(CAGR)

CRWG

-87.13%

Winner

ZNOV

+6.18%

CRWG vs ZNOV - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CRWG	ZNOV
2026	-40.57%	+4.05%
2025	-83.21%	+6.10%
2024	N/A	+0.76%

CRWG vs ZNOV Drawdown Comparison

The maximum drawdown for CRWG was -94.03%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for ZNOV was -3.31%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.

The current CRWG drawdown is -89.14%. The current ZNOV drawdown is -0.13%.

Rank	CRWG	ZNOV
#1	-94.03% Aug 12, 2025 - Jul 29, 2026	-3.31% Feb 19, 2025 - May 13, 2025
#2	N/A	-1.64% Feb 10, 2026 - Apr 13, 2026
#3	N/A	-0.98% Oct 31, 2025 - Dec 10, 2025
#4	N/A	-0.63% Jun 4, 2026 - Jun 18, 2026
#5	N/A	-0.59% Dec 26, 2024 - Jan 17, 2025
#6	N/A	-0.54% Dec 11, 2025 - Dec 24, 2025
#7	N/A	-0.53% Dec 6, 2024 - Dec 26, 2024
#8	N/A	-0.53% May 16, 2025 - Jun 2, 2025
#9	N/A	-0.50% Jan 9, 2026 - Jan 26, 2026
#10	N/A	-0.50% Jan 26, 2026 - Feb 10, 2026
#11	N/A	-0.42% Jun 18, 2026 - Jun 30, 2026
#12	N/A	-0.41% Jul 28, 2025 - Aug 8, 2025
#13	N/A	-0.40% Jun 30, 2025 - Jul 16, 2025
#14	N/A	-0.39% Jan 24, 2025 - Feb 13, 2025
#15	N/A	-0.37% Jul 15, 2026 - Jul 31, 2026

Correlation

Correlation between CRWG and ZNOV is -0.54 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.54

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