PNOV vs ISCG

Comparison between Innovator U.S. Equity Power Buffer ETF - November (PNOV, ETF) and ISHARES MORNINGSTAR SMALL-CAP GROWTH ETF (ISCG, ETF).

5-Year PerformancePNOV has outperformed ISCG, delivering a return of +7.8% compared to +4.8%

PNOV vs ISCG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNOV(ETF)	ISCG(ETF)
Net Assets	$950M	$947M
Expense Ratio	0.79%	0.06%
Max Drawdown	18.51%	58.03%
Sharpe Ratio	1.48	1.22
5Y Beta	0.46	1.14
P/E Ratio	N/A	66.75
Forward P/E	N/A	20.93
5Y Dividends CAGR	N/A	52.26%
5Y EPS CAGR	N/A	11.25%
Debt to Equity	N/A	17.06%
P/S Ratio	N/A	2.55
P/B Ratio	N/A	3.76

Net Assets

Winner

PNOV

$950M

ISCG

$947M

Expense Ratio

PNOV

0.79%

Winner

ISCG

0.06%

Max Drawdown

Winner

PNOV

18.51%

ISCG

58.03%

Sharpe Ratio

Winner

PNOV

1.48

ISCG

1.22

5Y Beta

Winner

PNOV

0.46

ISCG

1.14

P/E Ratio

PNOV

N/A

ISCG

66.75

Forward P/E

PNOV

N/A

ISCG

20.93

5Y Dividends CAGR

PNOV

N/A

ISCG

52.26%

5Y EPS CAGR

PNOV

N/A

ISCG

11.25%

Debt to Equity

PNOV

N/A

ISCG

17.06%

P/S Ratio

PNOV

N/A

ISCG

2.55

P/B Ratio

PNOV

N/A

ISCG

3.76

PNOV vs ISCG - Historical Returns

Returns include dividend reinvestment.

Period	PNOV	ISCG
1 month	+1.02%	-0.44%
3 months	+4.87%	+6.61%
6 months	+5.23%	+8.69%
1 year	+13.73%	+27.50%
5 years(CAGR)	+7.82%	+4.83%
10 years(CAGR)	N/A	+11.00%
Max(CAGR)	+8.50%	+9.38%

Winner

PNOV

+1.02%

ISCG

-0.44%

PNOV

+4.87%

Winner

ISCG

+6.61%

PNOV

+5.23%

Winner

ISCG

+8.69%

PNOV

+13.73%

Winner

ISCG

+27.50%

5Y(CAGR)

Winner

PNOV

+7.82%

ISCG

+4.83%

10Y(CAGR)

PNOV

N/A

ISCG

+11.00%

Max(CAGR)

PNOV

+8.50%

Winner

ISCG

+9.38%

PNOV vs ISCG - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	PNOV	ISCG
2026	+4.87%	+8.95%
2025	+10.47%	+12.81%
2024	+10.23%	+14.87%
2023	+14.34%	+23.65%
2022	-2.61%	-27.38%
2021	+7.75%	+0.42%
2020	+9.99%	+42.48%
2019	+2.27%	+28.07%
2018	N/A	-7.54%
2017	N/A	+24.76%
2016	N/A	+12.44%
2015	N/A	+1.02%
2014	N/A	+3.78%
2013	N/A	+38.12%
2012	N/A	+13.44%
2011	N/A	-2.86%
2010	N/A	+28.70%
2009	N/A	+29.95%
2008	N/A	-39.16%
2007	N/A	+11.34%
2006	N/A	+7.87%
2005	N/A	+7.65%
2004	N/A	+11.12%

PNOV vs ISCG Drawdown Comparison

The maximum drawdown for PNOV was -18.51%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.

The maximum drawdown for ISCG was -57.72%, occurring on Mar 9, 2009. Recovery took 824 trading sessions.

The current PNOV drawdown is -1.17%. The current ISCG drawdown is -3.18%.

Rank	PNOV	ISCG
#1	-18.51% Feb 19, 2020 - Jul 31, 2020	-57.72% Oct 9, 2007 - Jan 14, 2011
#2	-10.63% Dec 29, 2021 - Nov 30, 2022	-41.47% Feb 9, 2021 - Oct 27, 2025
#3	-10.35% Feb 19, 2025 - Jun 6, 2025	-37.17% Feb 19, 2020 - Jul 15, 2020
#4	-8.55% Sep 14, 2023 - Jan 19, 2024	-28.27% Sep 13, 2018 - Jan 13, 2020
#5	-4.85% Feb 2, 2026 - Apr 14, 2026	-27.73% Jun 23, 2015 - Dec 8, 2016
#6	-4.72% Feb 2, 2023 - Apr 13, 2023	-27.37% Jul 7, 2011 - Sep 6, 2012
#7	-3.79% Dec 1, 2022 - Jan 23, 2023	-18.66% May 5, 2006 - Feb 20, 2007
#8	-2.95% Jul 31, 2023 - Sep 14, 2023	-15.25% Jul 7, 2004 - Nov 3, 2004
#9	-2.37% Nov 12, 2025 - Nov 28, 2025	-13.16% Dec 29, 2004 - Jul 11, 2005
#10	-2.17% Nov 16, 2021 - Dec 23, 2021	-12.93% Mar 4, 2014 - Feb 5, 2015
#11	-1.95% May 1, 2023 - May 18, 2023	-11.43% Jan 22, 2026 - Apr 17, 2026
#12	-1.88% Jan 21, 2021 - Feb 4, 2021	-11.11% Sep 14, 2012 - Jan 7, 2013
#13	-1.84% Jul 31, 2024 - Aug 13, 2024	-9.44% Apr 29, 2011 - Jul 7, 2011
#14	-1.78% Sep 2, 2020 - Oct 7, 2020	-9.21% Jul 13, 2007 - Oct 1, 2007
#15	-1.78% Dec 11, 2024 - Jan 21, 2025	-8.65% Feb 23, 2007 - Apr 13, 2007