ZNOV vs CRWG

Comparison between Innovator Equity Defined Protection ETF 1 Yr November (ZNOV, ETF) and LEVERAGE SHARES 2X LONG CRWV DAILY ETF (CRWG, ETF).

ZNOV vs CRWG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZNOV(ETF)	CRWG(ETF)
Net Assets	$104M	$104M
Expense Ratio	0.79%	N/A
Max Drawdown	3.31%	94.42%
Sharpe Ratio	0.88	0.32
5Y Beta	0.16	6.79

Net Assets

ZNOV

$104M

Winner

CRWG

$104M

Expense Ratio

ZNOV

0.79%

CRWG

N/A

Max Drawdown

Winner

ZNOV

3.31%

CRWG

94.42%

Sharpe Ratio

Winner

ZNOV

0.88

CRWG

0.32

5Y Beta

Winner

ZNOV

0.16

CRWG

6.79

ZNOV vs CRWG - Historical Returns

Returns include dividend reinvestment.

Period	ZNOV	CRWG
1 month	+0.67%	+2.72%
3 months	+1.52%	-51.44%
6 months	+3.62%	-45.66%
1 year	+6.26%	-67.82%
Max(CAGR)	+6.18%	-87.13%

ZNOV

+0.67%

Winner

CRWG

+2.72%

Winner

ZNOV

+1.52%

CRWG

-51.44%

Winner

ZNOV

+3.62%

CRWG

-45.66%

Winner

ZNOV

+6.26%

CRWG

-67.82%

Max(CAGR)

Winner

ZNOV

+6.18%

CRWG

-87.13%

ZNOV vs CRWG - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ZNOV	CRWG
2026	+4.05%	-40.57%
2025	+6.10%	-83.21%
2024	+0.76%	N/A

ZNOV vs CRWG Drawdown Comparison

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

The maximum drawdown for CRWG was -94.03%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The current ZNOV drawdown is -0.13%. The current CRWG drawdown is -89.14%.

Rank	ZNOV	CRWG
#1	-3.31% Feb 19, 2025 - May 13, 2025	-94.03% Aug 12, 2025 - Jul 29, 2026
#2	-1.64% Feb 10, 2026 - Apr 13, 2026	N/A
#3	-0.98% Oct 31, 2025 - Dec 10, 2025	N/A
#4	-0.63% Jun 4, 2026 - Jun 18, 2026	N/A
#5	-0.59% Dec 26, 2024 - Jan 17, 2025	N/A
#6	-0.54% Dec 11, 2025 - Dec 24, 2025	N/A
#7	-0.53% Dec 6, 2024 - Dec 26, 2024	N/A
#8	-0.53% May 16, 2025 - Jun 2, 2025	N/A
#9	-0.50% Jan 9, 2026 - Jan 26, 2026	N/A
#10	-0.50% Jan 26, 2026 - Feb 10, 2026	N/A
#11	-0.42% Jun 18, 2026 - Jun 30, 2026	N/A
#12	-0.41% Jul 28, 2025 - Aug 8, 2025	N/A
#13	-0.40% Jun 30, 2025 - Jul 16, 2025	N/A
#14	-0.39% Jan 24, 2025 - Feb 13, 2025	N/A
#15	-0.37% Jul 15, 2026 - Jul 31, 2026	N/A

Correlation

Correlation between ZNOV and CRWG is -0.54 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.54

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