ITWO vs UNOV

Comparison between ProShares Russell 2000 High Income ETF (ITWO, ETF) and Innovator U.S. Equity Ultra Buffer ETF - November (UNOV, ETF).

ITWO vs UNOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ITWO(ETF)	UNOV(ETF)
Net Assets	$179M	$179M
Expense Ratio	0.55%	0.79%
Max Drawdown	29.46%	13.84%
Sharpe Ratio	1.53	1.51
5Y Beta	1.00	0.39
P/E Ratio	-21963.97	N/A
Forward P/E	14.70	N/A
5Y EPS CAGR	13.47%	N/A
Debt to Equity	38.04%	N/A
P/S Ratio	1.29	N/A
P/B Ratio	2.08	N/A

Net Assets

ITWO

$179M

Winner

UNOV

$179M

Expense Ratio

Winner

ITWO

0.55%

UNOV

0.79%

Max Drawdown

ITWO

29.46%

Winner

UNOV

13.84%

Sharpe Ratio

Winner

ITWO

1.53

UNOV

1.51

5Y Beta

ITWO

1.00

Winner

UNOV

0.39

P/E Ratio

ITWO

-21963.97

UNOV

N/A

Forward P/E

ITWO

14.70

UNOV

N/A

5Y EPS CAGR

ITWO

13.47%

UNOV

N/A

Debt to Equity

ITWO

38.04%

UNOV

N/A

P/S Ratio

ITWO

1.29

UNOV

N/A

P/B Ratio

ITWO

2.08

UNOV

N/A

ITWO vs UNOV - Historical Returns

Returns include dividend reinvestment.

Period	ITWO	UNOV
1 month	+0.00%	+0.91%
3 months	+10.53%	+4.35%
6 months	+13.36%	+4.55%
1 year	+36.22%	+13.07%
5 years(CAGR)	N/A	+6.49%
Max(CAGR)	+19.30%	+6.88%

ITWO

+0.00%

Winner

UNOV

+0.91%

Winner

ITWO

+10.53%

UNOV

+4.35%

Winner

ITWO

+13.36%

UNOV

+4.55%

Winner

ITWO

+36.22%

UNOV

+13.07%

5Y(CAGR)

ITWO

N/A

UNOV

+6.49%

Max(CAGR)

Winner

ITWO

+19.30%

UNOV

+6.88%

ITWO vs UNOV - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	ITWO	UNOV
2026	+13.74%	+4.33%
2025	+14.22%	+9.95%
2024	+3.68%	+9.63%
2023	N/A	+14.32%
2022	N/A	-6.32%
2021	N/A	+4.90%
2020	N/A	+8.02%
2019	N/A	+1.87%

ITWO vs UNOV Drawdown Comparison

The maximum drawdown for ITWO was -24.74%, occurring on Apr 8, 2025. Recovery took 197 trading sessions.

The maximum drawdown for UNOV was -13.84%, occurring on Mar 20, 2020. Recovery took 107 trading sessions.

The current ITWO drawdown is -3.62%. The current UNOV drawdown is -1.07%.

Rank	ITWO	UNOV
#1	-24.74% Nov 25, 2024 - Sep 11, 2025	-13.84% Feb 19, 2020 - Jul 22, 2020
#2	-9.81% Jan 22, 2026 - Apr 14, 2026	-9.10% Feb 19, 2025 - Jun 10, 2025
#3	-8.21% Oct 27, 2025 - Dec 3, 2025	-8.57% Dec 29, 2021 - May 26, 2023
#4	-5.00% Nov 11, 2024 - Nov 25, 2024	-7.35% Sep 14, 2023 - Dec 13, 2023
#5	-4.62% May 6, 2026 - May 26, 2026	-4.52% Jan 28, 2026 - Apr 14, 2026
#6	-3.94% Dec 11, 2025 - Jan 8, 2026	-2.14% Nov 3, 2025 - Dec 2, 2025
#7	-3.84% Oct 8, 2025 - Oct 14, 2025	-1.99% Aug 28, 2020 - Oct 5, 2020
#8	-3.72% Oct 16, 2024 - Nov 6, 2024	-1.96% Jul 31, 2023 - Aug 30, 2023
#9	-3.62% Jun 4, 2026 - Jun 5, 2026	-1.71% Nov 16, 2021 - Dec 27, 2021
#10	-3.01% Sep 19, 2024 - Oct 14, 2024	-1.59% Jul 31, 2024 - Aug 13, 2024
#11	-2.73% Oct 15, 2025 - Oct 27, 2025	-1.51% Dec 6, 2024 - Jan 21, 2025
#12	-2.13% Sep 19, 2025 - Oct 3, 2025	-1.37% Jan 20, 2021 - Mar 11, 2021
#13	-1.81% Apr 27, 2026 - May 1, 2026	-1.22% Dec 11, 2025 - Dec 23, 2025
#14	-1.62% Sep 5, 2024 - Sep 12, 2024	-1.19% Jan 12, 2026 - Jan 27, 2026
#15	-1.47% Jan 15, 2026 - Jan 21, 2026	-1.10% Apr 1, 2024 - May 3, 2024