UNOV vs KDEF

Comparison between Innovator U.S. Equity Ultra Buffer ETF - November (UNOV, ETF) and PLUS KOREA DEFENSE INDUSTRY INDEX ETF (KDEF, ETF).

UNOV vs KDEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UNOV(ETF)	KDEF(ETF)
Net Assets	$108M	$108M
Expense Ratio	0.79%	0.65%
Max Drawdown	13.84%	43.84%
Sharpe Ratio	0.99	0.19
5Y Beta	0.40	0.94

Net Assets

UNOV

$108M

Winner

KDEF

$108M

Expense Ratio

UNOV

0.79%

Winner

KDEF

0.65%

Max Drawdown

Winner

UNOV

13.84%

KDEF

43.84%

Sharpe Ratio

Winner

UNOV

0.99

KDEF

0.19

5Y Beta

Winner

UNOV

0.40

KDEF

0.94

UNOV vs KDEF - Historical Returns

Returns include dividend reinvestment.

Period	UNOV	KDEF
1 month	+0.87%	-6.66%
3 months	+2.59%	-37.12%
6 months	+4.82%	-28.97%
1 year	+9.70%	+1.96%
5 years(CAGR)	+6.59%	N/A
Max(CAGR)	+6.89%	+60.14%

Winner

UNOV

+0.87%

KDEF

-6.66%

Winner

UNOV

+2.59%

KDEF

-37.12%

Winner

UNOV

+4.82%

KDEF

-28.97%

Winner

UNOV

+9.70%

KDEF

+1.96%

5Y(CAGR)

UNOV

+6.59%

KDEF

N/A

Max(CAGR)

UNOV

+6.89%

Winner

KDEF

+60.14%

UNOV vs KDEF - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	UNOV	KDEF
2026	+5.30%	-12.31%
2025	+9.95%	+117.36%
2024	+9.63%	N/A
2023	+14.32%	N/A
2022	-6.32%	N/A
2021	+4.90%	N/A
2020	+8.02%	N/A
2019	+1.87%	N/A

UNOV vs KDEF Drawdown Comparison

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

The maximum drawdown for KDEF was -43.66%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current UNOV drawdown is -0.80%. The current KDEF drawdown is -39.05%.

Rank	UNOV	KDEF
#1	-13.84% Feb 19, 2020 - Jul 22, 2020	-43.66% May 5, 2026 - Jul 20, 2026
#2	-9.10% Feb 19, 2025 - Jun 10, 2025	-22.51% Sep 16, 2025 - Jan 8, 2026
#3	-8.57% Dec 29, 2021 - May 26, 2023	-20.93% Mar 17, 2025 - Apr 22, 2025
#4	-7.35% Sep 14, 2023 - Dec 13, 2023	-20.48% Mar 3, 2026 - Apr 22, 2026
#5	-4.52% Jan 28, 2026 - Apr 14, 2026	-11.81% Jun 23, 2025 - Sep 2, 2025
#6	-2.14% Nov 3, 2025 - Dec 2, 2025	-9.68% Feb 19, 2025 - Mar 5, 2025
#7	-1.99% Aug 28, 2020 - Oct 5, 2020	-7.63% Jan 29, 2026 - Feb 20, 2026
#8	-1.96% Jul 31, 2023 - Aug 30, 2023	-7.26% May 9, 2025 - May 23, 2025
#9	-1.71% Nov 16, 2021 - Dec 27, 2021	-5.40% Mar 7, 2025 - Mar 17, 2025
#10	-1.69% Jun 2, 2026 - Jun 15, 2026	-4.83% Apr 22, 2026 - Apr 30, 2026
#11	-1.59% Jul 31, 2024 - Aug 13, 2024	-3.67% Jun 16, 2025 - Jun 23, 2025
#12	-1.51% Dec 6, 2024 - Jan 21, 2025	-3.09% Jan 21, 2026 - Jan 29, 2026
#13	-1.37% Jan 20, 2021 - Mar 11, 2021	-2.97% Apr 25, 2025 - May 2, 2025
#14	-1.22% Dec 11, 2025 - Dec 23, 2025	-2.70% May 1, 2026 - May 5, 2026
#15	-1.19% Jan 12, 2026 - Jan 27, 2026	-2.56% Feb 20, 2026 - Feb 25, 2026