KNOV vs UPSD

Comparison between Innovator U.S. Small Cap Power Buffer ETF November (KNOV, ETF) and APTUS LARGE CAP UPSIDE ETF (UPSD, ETF).

KNOV vs UPSD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KNOV(ETF)	UPSD(ETF)
Net Assets	$111M	$111M
Expense Ratio	0.79%	0.79%
Max Drawdown	15.03%	24.04%
Sharpe Ratio	1.56	0.91
5Y Beta	0.62	1.12
P/E Ratio	N/A	27.19
Forward P/E	N/A	20.28
PEG Ratio	N/A	0.35
5Y EPS CAGR	N/A	24.23%
Debt to Equity	N/A	80.74%
P/S Ratio	N/A	2.01
P/B Ratio	N/A	6.16

Net Assets

KNOV

$111M

Winner

UPSD

$111M

Expense Ratio

KNOV

0.79%

UPSD

0.79%

Max Drawdown

Winner

KNOV

15.03%

UPSD

24.04%

Sharpe Ratio

Winner

KNOV

1.56

UPSD

0.91

5Y Beta

Winner

KNOV

0.62

UPSD

1.12

P/E Ratio

KNOV

N/A

UPSD

27.19

Forward P/E

KNOV

N/A

UPSD

20.28

PEG Ratio

KNOV

N/A

UPSD

0.35

5Y EPS CAGR

KNOV

N/A

UPSD

24.23%

Debt to Equity

KNOV

N/A

UPSD

80.74%

P/S Ratio

KNOV

N/A

UPSD

2.01

P/B Ratio

KNOV

N/A

UPSD

6.16

KNOV vs UPSD - Historical Returns

Returns include dividend reinvestment.

Period	KNOV	UPSD
1 month	+0.81%	+4.23%
3 months	+5.19%	+8.53%
6 months	+7.33%	+8.10%
1 year	+23.09%	+17.07%
Max(CAGR)	+14.72%	+9.37%

KNOV

+0.81%

Winner

UPSD

+4.23%

KNOV

+5.19%

Winner

UPSD

+8.53%

KNOV

+7.33%

Winner

UPSD

+8.10%

Winner

KNOV

+23.09%

UPSD

+17.07%

Max(CAGR)

Winner

KNOV

+14.72%

UPSD

+9.37%

KNOV vs UPSD - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	KNOV	UPSD
2026	+11.18%	+8.59%
2025	+11.85%	+12.97%
2024	+1.18%	-5.14%

KNOV vs UPSD Drawdown Comparison

The maximum drawdown for KNOV was -15.03%, occurring on Apr 8, 2025. Recovery took 173 trading sessions.

The maximum drawdown for UPSD was -23.85%, occurring on Apr 8, 2025. Recovery took 171 trading sessions.

The current UPSD drawdown is -0.34%.

Rank	KNOV	UPSD
#1	-15.03% Dec 2, 2024 - Aug 13, 2025	-23.85% Dec 4, 2024 - Aug 13, 2025
#2	-5.36% Jan 22, 2026 - Apr 13, 2026	-11.91% Mar 2, 2026 - May 13, 2026
#3	-5.00% Oct 27, 2025 - Dec 4, 2025	-6.19% Oct 27, 2025 - Dec 24, 2025
#4	-2.89% Oct 8, 2025 - Oct 14, 2025	-5.02% Jun 1, 2026 - Jul 6, 2026
#5	-2.24% Nov 11, 2024 - Nov 25, 2024	-3.81% Oct 8, 2025 - Oct 27, 2025
#6	-2.01% Oct 15, 2025 - Oct 24, 2025	-3.39% Jan 12, 2026 - Jan 26, 2026
#7	-1.92% Dec 11, 2025 - Jan 6, 2026	-2.03% Feb 2, 2026 - Feb 6, 2026
#8	-1.76% May 6, 2026 - May 22, 2026	-2.00% Feb 11, 2026 - Feb 24, 2026
#9	-1.66% Sep 18, 2025 - Oct 3, 2025	-1.59% Dec 24, 2025 - Jan 9, 2026
#10	-1.64% Aug 13, 2025 - Aug 22, 2025	-1.53% May 14, 2026 - May 22, 2026
#11	-1.36% May 28, 2026 - Jun 12, 2026	-1.39% Aug 22, 2025 - Sep 4, 2025
#12	-0.80% Aug 28, 2025 - Sep 4, 2025	-1.33% Sep 22, 2025 - Sep 29, 2025
#13	-0.79% Oct 6, 2025 - Oct 8, 2025	-0.99% Aug 13, 2025 - Aug 22, 2025
#14	-0.75% Apr 27, 2026 - Apr 30, 2026	-0.81% Jul 16, 2026 - Jul 20, 2026
#15	-0.73% Jan 16, 2026 - Jan 21, 2026	-0.74% Jan 28, 2026 - Feb 2, 2026