NRO vs BNOV

Comparison between Neuberger Berman Real Estate Securities Income Fund Inc (NRO, ETF) and Innovator U.S. Equity Buffer ETF - November (BNOV, ETF).

5-Year PerformanceBNOV has outperformed NRO, delivering a return of +8.6% compared to +1.5%

NRO vs BNOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NRO(ETF)	BNOV(ETF)
Net Assets	$212M	$212M
Expense Ratio	N/A	0.79%
Max Drawdown	95.78%	24.66%
Sharpe Ratio	0.34	1.21
5Y Beta	0.51	0.63
5Y Dividends CAGR	0.30%	N/A

Net Assets

Winner

NRO

$212M

BNOV

$212M

Expense Ratio

NRO

N/A

BNOV

0.79%

Max Drawdown

NRO

95.78%

Winner

BNOV

24.66%

Sharpe Ratio

NRO

0.34

Winner

BNOV

1.21

5Y Beta

Winner

NRO

0.51

BNOV

0.63

5Y Dividends CAGR

NRO

0.30%

BNOV

N/A

NRO vs BNOV - Historical Returns

Returns include dividend reinvestment.

Period	NRO	BNOV
1 month	+5.18%	+0.66%
3 months	+4.55%	+5.24%
6 months	+7.65%	+7.55%
1 year	+8.04%	+15.00%
5 years(CAGR)	+1.48%	+8.60%
10 years(CAGR)	+4.53%	N/A
Max(CAGR)	+4.12%	+9.75%

Winner

NRO

+5.18%

BNOV

+0.66%

NRO

+4.55%

Winner

BNOV

+5.24%

Winner

NRO

+7.65%

BNOV

+7.55%

NRO

+8.04%

Winner

BNOV

+15.00%

5Y(CAGR)

NRO

+1.48%

Winner

BNOV

+8.60%

10Y(CAGR)

NRO

+4.53%

BNOV

N/A

Max(CAGR)

NRO

+4.12%

Winner

BNOV

+9.75%

NRO vs BNOV - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NRO	BNOV
2026	+7.85%	+8.01%
2025	+1.42%	+13.39%
2024	+21.27%	+12.80%
2023	+11.57%	+17.54%
2022	-34.32%	-9.92%
2021	+43.19%	+11.59%
2020	-10.30%	+11.32%
2019	+50.08%	+3.70%
2018	-16.97%	N/A
2017	+13.72%	N/A
2016	+19.29%	N/A
2015	+1.39%	N/A
2014	+27.95%	N/A
2013	-2.47%	N/A
2012	+30.01%	N/A
2011	-1.57%	N/A
2010	+39.23%	N/A
2009	+79.01%	N/A
2008	-78.32%	N/A
2007	-23.13%	N/A
2006	+45.34%	N/A
2005	+3.24%	N/A
2004	+9.79%	N/A
2003	+0.01%	N/A

NRO vs BNOV Drawdown Comparison

The maximum drawdown for NRO was -92.77%, occurring on Mar 9, 2009. Recovery took 3026 trading sessions.

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

The current NRO drawdown is -4.38%. The current BNOV drawdown is -0.49%.

Rank	NRO	BNOV
#1	-92.77% Jun 4, 2007 - Jun 11, 2019	-24.66% Feb 19, 2020 - Aug 5, 2020
#2	-62.59% Feb 14, 2020 - Aug 31, 2021	-16.27% Jan 4, 2022 - Jun 12, 2023
#3	-42.26% Dec 31, 2021 - Sep 4, 2024	-13.70% Feb 19, 2025 - Jun 24, 2025
#4	-24.77% Sep 24, 2024 - Apr 8, 2025	-10.13% Jul 28, 2023 - Dec 27, 2023
#5	-23.10% Mar 17, 2004 - Oct 6, 2004	-6.57% Jan 27, 2026 - Apr 14, 2026
#6	-11.90% Aug 3, 2005 - Jan 9, 2006	-4.78% Oct 12, 2020 - Nov 9, 2020
#7	-11.77% Feb 7, 2007 - May 9, 2007	-4.14% Sep 2, 2020 - Oct 8, 2020
#8	-11.11% Dec 31, 2004 - Jun 7, 2005	-3.77% Nov 3, 2025 - Dec 23, 2025
#9	-9.17% Mar 17, 2006 - Jul 11, 2006	-2.88% Nov 5, 2021 - Dec 8, 2021
#10	-8.18% Sep 3, 2021 - Dec 27, 2021	-2.72% Jun 1, 2026 - Jul 9, 2026
#11	-5.47% Nov 17, 2003 - Mar 3, 2004	-2.50% Jul 16, 2024 - Aug 14, 2024
#12	-5.27% Jul 30, 2019 - Aug 19, 2019	-2.42% Dec 6, 2024 - Jan 21, 2025
#13	-5.14% Nov 4, 2004 - Nov 16, 2004	-2.12% Jan 20, 2021 - Feb 5, 2021
#14	-4.85% Oct 23, 2019 - Dec 13, 2019	-1.89% Feb 24, 2021 - Mar 9, 2021
#15	-4.18% Oct 27, 2006 - Nov 20, 2006	-1.86% Jun 15, 2023 - Jun 30, 2023