ZNOV vs ATFV

Comparison between Innovator Equity Defined Protection ETF 1 Yr November (ZNOV, ETF) and ALGER 35 ETF (ATFV, ETF).

ZNOV vs ATFV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZNOV(ETF)	ATFV(ETF)
Net Assets	$141M	$142M
Expense Ratio	0.79%	0.56%
Max Drawdown	3.31%	45.37%
Sharpe Ratio	1.15	1.45
5Y Beta	0.16	1.37
P/E Ratio	N/A	51.13
Forward P/E	N/A	29.23
PEG Ratio	N/A	0.37
5Y EPS CAGR	N/A	41.85%
P/S Ratio	N/A	3.54
P/B Ratio	N/A	8.72

Net Assets

ZNOV

$141M

Winner

ATFV

$142M

Expense Ratio

ZNOV

0.79%

Winner

ATFV

0.56%

Max Drawdown

Winner

ZNOV

3.31%

ATFV

45.37%

Sharpe Ratio

ZNOV

1.15

Winner

ATFV

1.45

5Y Beta

Winner

ZNOV

0.16

ATFV

1.37

P/E Ratio

ZNOV

N/A

ATFV

51.13

Forward P/E

ZNOV

N/A

ATFV

29.23

PEG Ratio

ZNOV

N/A

ATFV

0.37

5Y EPS CAGR

ZNOV

N/A

ATFV

41.85%

P/S Ratio

ZNOV

N/A

ATFV

3.54

P/B Ratio

ZNOV

N/A

ATFV

8.72

ZNOV vs ATFV - Historical Returns

Returns include dividend reinvestment.

Period	ZNOV	ATFV
1 month	+0.52%	+4.33%
3 months	+2.04%	+18.44%
6 months	+2.65%	+11.06%
1 year	+7.07%	+41.54%
5 years(CAGR)	N/A	+14.81%
Max(CAGR)	+5.98%	+14.79%

ZNOV

+0.52%

Winner

ATFV

+4.33%

ZNOV

+2.04%

Winner

ATFV

+18.44%

ZNOV

+2.65%

Winner

ATFV

+11.06%

ZNOV

+7.07%

Winner

ATFV

+41.54%

5Y(CAGR)

ZNOV

N/A

ATFV

+14.81%

Max(CAGR)

ZNOV

+5.98%

Winner

ATFV

+14.79%

ZNOV vs ATFV - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	ZNOV	ATFV
2026	+2.44%	+12.10%
2025	+6.10%	+35.72%
2024	+0.76%	+50.40%
2023	N/A	+34.41%
2022	N/A	-36.08%
2021	N/A	+4.19%

ZNOV vs ATFV Drawdown Comparison

The maximum drawdown for ZNOV was -3.31%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.

The maximum drawdown for ATFV was -45.34%, occurring on Dec 28, 2022. Recovery took 736 trading sessions.

The current ZNOV drawdown is -0.44%. The current ATFV drawdown is -5.80%.

Rank	ZNOV	ATFV
#1	-3.31% Feb 19, 2025 - May 13, 2025	-45.34% Nov 8, 2021 - Oct 14, 2024
#2	-1.64% Feb 10, 2026 - Apr 13, 2026	-29.01% Jan 22, 2025 - Jun 16, 2025
#3	-0.98% Oct 31, 2025 - Dec 10, 2025	-18.29% Oct 29, 2025 - Apr 22, 2026
#4	-0.59% Dec 26, 2024 - Jan 17, 2025	-8.42% Sep 10, 2021 - Oct 19, 2021
#5	-0.54% Dec 11, 2025 - Dec 24, 2025	-6.61% May 4, 2021 - May 26, 2021
#6	-0.53% Dec 6, 2024 - Dec 26, 2024	-5.80% Jun 1, 2026 - Jun 5, 2026
#7	-0.53% May 16, 2025 - Jun 2, 2025	-5.42% Oct 9, 2025 - Oct 27, 2025
#8	-0.50% Jan 9, 2026 - Jan 26, 2026	-5.35% Aug 12, 2025 - Sep 8, 2025
#9	-0.50% Jan 26, 2026 - Feb 10, 2026	-5.07% Dec 16, 2024 - Jan 6, 2025
#10	-0.44% Jun 4, 2026 - Jun 5, 2026	-4.73% Jan 6, 2025 - Jan 21, 2025
#11	-0.41% Jul 28, 2025 - Aug 8, 2025	-4.65% Jul 6, 2021 - Jul 23, 2021
#12	-0.40% Jun 30, 2025 - Jul 16, 2025	-4.52% Jul 23, 2021 - Aug 27, 2021
#13	-0.39% Jan 24, 2025 - Feb 13, 2025	-4.25% May 14, 2026 - May 21, 2026
#14	-0.36% Nov 7, 2024 - Nov 25, 2024	-3.77% Oct 29, 2024 - Nov 6, 2024
#15	-0.34% Aug 18, 2025 - Aug 27, 2025	-3.23% Jun 30, 2025 - Jul 17, 2025