PNOV vs VIOG

Comparison between Innovator U.S. Equity Power Buffer ETF - November (PNOV, ETF) and VANGUARD S&P SMALL-CAP 600 GROWTH INDEX FUND ETF SHARES (VIOG, ETF).

5-Year PerformancePNOV has outperformed VIOG, delivering a return of +7.8% compared to +5.3%

PNOV vs VIOG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNOV(ETF)	VIOG(ETF)
Net Assets	$950M	$947M
Expense Ratio	0.79%	0.10%
Max Drawdown	18.51%	42.76%
Sharpe Ratio	1.48	1.18
5Y Beta	0.46	1.04
P/E Ratio	N/A	25.94
Forward P/E	N/A	18.10
5Y Dividends CAGR	N/A	19.66%
5Y EPS CAGR	N/A	21.71%
Debt to Equity	N/A	73.38%
P/S Ratio	N/A	1.49
P/B Ratio	N/A	3.04

Net Assets

Winner

PNOV

$950M

VIOG

$947M

Expense Ratio

PNOV

0.79%

Winner

VIOG

0.10%

Max Drawdown

Winner

PNOV

18.51%

VIOG

42.76%

Sharpe Ratio

Winner

PNOV

1.48

VIOG

1.18

5Y Beta

Winner

PNOV

0.46

VIOG

1.04

P/E Ratio

PNOV

N/A

VIOG

25.94

Forward P/E

PNOV

N/A

VIOG

18.10

5Y Dividends CAGR

PNOV

N/A

VIOG

19.66%

5Y EPS CAGR

PNOV

N/A

VIOG

21.71%

Debt to Equity

PNOV

N/A

VIOG

73.38%

P/S Ratio

PNOV

N/A

VIOG

1.49

P/B Ratio

PNOV

N/A

VIOG

3.04

PNOV vs VIOG - Historical Returns

Returns include dividend reinvestment.

Period	PNOV	VIOG
1 month	+1.02%	-1.46%
3 months	+4.87%	+8.50%
6 months	+5.23%	+13.09%
1 year	+13.73%	+25.63%
5 years(CAGR)	+7.82%	+5.32%
10 years(CAGR)	N/A	+10.63%
Max(CAGR)	+8.50%	+12.57%

Winner

PNOV

+1.02%

VIOG

-1.46%

PNOV

+4.87%

Winner

VIOG

+8.50%

PNOV

+5.23%

Winner

VIOG

+13.09%

PNOV

+13.73%

Winner

VIOG

+25.63%

5Y(CAGR)

Winner

PNOV

+7.82%

VIOG

+5.32%

10Y(CAGR)

PNOV

N/A

VIOG

+10.63%

Max(CAGR)

PNOV

+8.50%

Winner

VIOG

+12.57%

PNOV vs VIOG - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	PNOV	VIOG
2026	+4.87%	+13.42%
2025	+10.47%	+5.17%
2024	+10.23%	+10.20%
2023	+14.34%	+17.57%
2022	-2.61%	-21.60%
2021	+7.75%	+23.43%
2020	+9.99%	+19.32%
2019	+2.27%	+20.96%
2018	N/A	-4.90%
2017	N/A	+14.20%
2016	N/A	+25.61%
2015	N/A	+3.78%
2014	N/A	+5.20%
2013	N/A	+39.40%
2012	N/A	+12.91%
2011	N/A	+2.06%
2010	N/A	+25.04%

PNOV vs VIOG Drawdown Comparison

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

The maximum drawdown for VIOG was -41.74%, occurring on Mar 23, 2020. Recovery took 556 trading sessions.

The current PNOV drawdown is -1.17%. The current VIOG drawdown is -2.14%.

Rank	PNOV	VIOG
#1	-18.51% Feb 19, 2020 - Jul 31, 2020	-41.74% Aug 31, 2018 - Nov 16, 2020
#2	-10.63% Dec 29, 2021 - Nov 30, 2022	-29.16% Nov 8, 2021 - Jul 16, 2024
#3	-10.35% Feb 19, 2025 - Jun 6, 2025	-27.34% Nov 25, 2024 - Jan 15, 2026
#4	-8.55% Sep 14, 2023 - Jan 19, 2024	-26.55% Jul 7, 2011 - Mar 26, 2012
#5	-4.85% Feb 2, 2026 - Apr 14, 2026	-19.62% Jun 23, 2015 - Jul 12, 2016
#6	-4.72% Feb 2, 2023 - Apr 13, 2023	-12.35% Jul 3, 2014 - Dec 22, 2014
#7	-3.79% Dec 1, 2022 - Jan 23, 2023	-11.18% Sep 14, 2012 - Jan 3, 2013
#8	-2.95% Jul 31, 2023 - Sep 14, 2023	-10.77% Mar 26, 2012 - Sep 6, 2012
#9	-2.37% Nov 12, 2025 - Nov 28, 2025	-9.33% Jul 31, 2024 - Oct 16, 2024
#10	-2.17% Nov 16, 2021 - Dec 23, 2021	-9.09% Mar 18, 2014 - Jul 1, 2014
#11	-1.95% May 1, 2023 - May 18, 2023	-9.08% Sep 22, 2016 - Nov 11, 2016
#12	-1.88% Jan 21, 2021 - Feb 4, 2021	-9.03% Feb 26, 2026 - Apr 9, 2026
#13	-1.84% Jul 31, 2024 - Aug 13, 2024	-8.62% Mar 15, 2021 - Aug 27, 2021
#14	-1.78% Sep 2, 2020 - Oct 7, 2020	-8.23% Apr 29, 2011 - Jul 6, 2011
#15	-1.78% Dec 11, 2024 - Jan 21, 2025	-8.21% Jan 26, 2018 - Mar 9, 2018