UNOV vs IQDY

Comparison between Innovator U.S. Equity Ultra Buffer ETF - November (UNOV, ETF) and FLEXSHARES INTERNATIONAL QUALITY DIVIDEND DYNAMIC INDEX FUND (IQDY, ETF).

5-Year PerformanceIQDY has outperformed UNOV, delivering a return of +11.5% compared to +6.5%

UNOV vs IQDY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UNOV(ETF)	IQDY(ETF)
Net Assets	$108M	$107M
Expense Ratio	0.79%	0.47%
Max Drawdown	13.84%	45.35%
Sharpe Ratio	1.45	1.80
5Y Beta	0.39	0.81
5Y Dividends CAGR	N/A	8.87%

Net Assets

Winner

UNOV

$108M

IQDY

$107M

Expense Ratio

UNOV

0.79%

Winner

IQDY

0.47%

Max Drawdown

Winner

UNOV

13.84%

IQDY

45.35%

Sharpe Ratio

UNOV

1.45

Winner

IQDY

1.80

5Y Beta

Winner

UNOV

0.39

IQDY

0.81

5Y Dividends CAGR

UNOV

N/A

IQDY

8.87%

UNOV vs IQDY - Historical Returns

Returns include dividend reinvestment.

Period	UNOV	IQDY
1 month	+0.36%	+2.84%
3 months	+5.81%	+14.50%
6 months	+5.03%	+20.07%
1 year	+12.24%	+37.81%
5 years(CAGR)	+6.47%	+11.46%
10 years(CAGR)	N/A	+11.99%
Max(CAGR)	+6.91%	+8.96%

UNOV

+0.36%

Winner

IQDY

+2.84%

UNOV

+5.81%

Winner

IQDY

+14.50%

UNOV

+5.03%

Winner

IQDY

+20.07%

UNOV

+12.24%

Winner

IQDY

+37.81%

5Y(CAGR)

UNOV

+6.47%

Winner

IQDY

+11.46%

10Y(CAGR)

UNOV

N/A

IQDY

+11.99%

Max(CAGR)

UNOV

+6.91%

Winner

IQDY

+8.96%

UNOV vs IQDY - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	UNOV	IQDY
2026	+4.62%	+16.43%
2025	+9.95%	+38.20%
2024	+9.63%	+7.53%
2023	+14.32%	+22.55%
2022	-6.32%	-16.30%
2021	+4.90%	+11.70%
2020	+8.02%	+8.17%
2019	+1.87%	+27.42%
2018	N/A	-20.44%
2017	N/A	+22.99%
2016	N/A	+14.01%
2015	N/A	-7.19%
2014	N/A	-6.16%
2013	N/A	+15.53%

UNOV vs IQDY Drawdown Comparison

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

The maximum drawdown for IQDY was -39.56%, occurring on Mar 23, 2020. Recovery took 721 trading sessions.

The current UNOV drawdown is -0.79%. The current IQDY drawdown is -0.72%.

Rank	UNOV	IQDY
#1	-13.84% Feb 19, 2020 - Jul 22, 2020	-39.56% Jan 25, 2018 - Dec 4, 2020
#2	-9.10% Feb 19, 2025 - Jun 10, 2025	-32.97% Jun 14, 2021 - Feb 22, 2024
#3	-8.57% Dec 29, 2021 - May 26, 2023	-30.87% Jul 3, 2014 - May 16, 2017
#4	-7.35% Sep 14, 2023 - Dec 13, 2023	-14.77% Sep 26, 2024 - May 2, 2025
#5	-4.52% Jan 28, 2026 - Apr 14, 2026	-11.24% May 20, 2013 - Sep 10, 2013
#6	-2.14% Nov 3, 2025 - Dec 2, 2025	-10.41% Feb 25, 2026 - Apr 14, 2026
#7	-1.99% Aug 28, 2020 - Oct 5, 2020	-9.40% Jul 12, 2024 - Sep 24, 2024
#8	-1.96% Jul 31, 2023 - Aug 30, 2023	-5.39% Oct 28, 2013 - Apr 2, 2014
#9	-1.71% Nov 16, 2021 - Dec 27, 2021	-5.22% Jan 21, 2021 - Feb 11, 2021
#10	-1.69% Jun 2, 2026 - Jun 10, 2026	-4.92% Jun 2, 2026 - Jun 10, 2026
#11	-1.59% Jul 31, 2024 - Aug 13, 2024	-4.89% Nov 12, 2025 - Dec 4, 2025
#12	-1.51% Dec 6, 2024 - Jan 21, 2025	-4.68% Mar 12, 2024 - May 6, 2024
#13	-1.37% Jan 20, 2021 - Mar 11, 2021	-4.52% Jul 23, 2025 - Aug 12, 2025
#14	-1.22% Dec 11, 2025 - Dec 23, 2025	-3.68% May 7, 2021 - Jun 1, 2021
#15	-1.19% Jan 12, 2026 - Jan 27, 2026	-3.62% Oct 6, 2025 - Oct 20, 2025