ZNOV vs HYGW
Comparison between Innovator Equity Defined Protection ETF 1 Yr November (ZNOV, ETF) and ISHARES HIGH YIELD CORPORATE BOND BUYWRITE STRATEGY ETF (HYGW, ETF).
ZNOV vs HYGW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
ZNOV
$109M
Winner
HYGW
$110M
Expense Ratio
ZNOV
0.79%
Winner
HYGW
0.69%
Max Drawdown
Winner
ZNOV
3.31%
HYGW
27.84%
Sharpe Ratio
Winner
ZNOV
0.74
HYGW
0.57
5Y Beta
ZNOV
0.16
Winner
HYGW
0.16
ZNOV vs HYGW - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ZNOV
+0.57%
HYGW
-0.20%
3M
Winner
ZNOV
+1.38%
HYGW
+1.08%
6M
Winner
ZNOV
+2.71%
HYGW
+1.57%
1Y
Winner
ZNOV
+5.83%
HYGW
+5.50%
Max(CAGR)
Winner
ZNOV
+5.94%
HYGW
+5.67%
ZNOV vs HYGW - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | ZNOV | HYGW |
|---|---|---|
| 2026 | +3.17% | +1.94% |
| 2025 | +6.10% | +6.12% |
| 2024 | +0.76% | +7.01% |
| 2023 | N/A | +7.10% |
| 2022 | N/A | -0.15% |
ZNOV vs HYGW Drawdown Comparison
The maximum drawdown for ZNOV was -3.31%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.
The maximum drawdown for HYGW was -5.49%, occurring on Sep 27, 2022. Recovery took 92 trading sessions.
The current ZNOV drawdown is -0.22%. The current HYGW drawdown is -0.59%.
| Rank | ZNOV | HYGW |
|---|---|---|
| #1 | -3.31% Feb 19, 2025 - May 13, 2025 | -5.49% Aug 25, 2022 - Jan 6, 2023 |
| #2 | -1.64% Feb 10, 2026 - Apr 13, 2026 | -3.65% Jul 31, 2023 - Jan 8, 2024 |
| #3 | -0.98% Oct 31, 2025 - Dec 10, 2025 | -3.41% Feb 28, 2025 - Jun 2, 2025 |
| #4 | -0.63% Jun 4, 2026 - Jun 18, 2026 | -2.90% Feb 2, 2023 - Apr 21, 2023 |
| #5 | -0.59% Dec 26, 2024 - Jan 17, 2025 | -1.82% Feb 19, 2026 - May 1, 2026 |
| #6 | -0.54% Dec 11, 2025 - Dec 24, 2025 | -1.33% Apr 8, 2024 - May 21, 2024 |
| #7 | -0.53% Dec 6, 2024 - Dec 26, 2024 | -0.93% Dec 17, 2024 - Jan 30, 2025 |
| #8 | -0.53% May 16, 2025 - Jun 2, 2025 | -0.92% Aug 1, 2024 - Aug 9, 2024 |
| #9 | -0.50% Jan 9, 2026 - Jan 26, 2026 | -0.92% Jun 30, 2023 - Jul 12, 2023 |
| #10 | -0.50% Jan 26, 2026 - Feb 10, 2026 | -0.90% Oct 1, 2025 - Oct 15, 2025 |
| #11 | -0.42% Jun 18, 2026 - Jun 30, 2026 | -0.90% May 10, 2023 - Jun 2, 2023 |
| #12 | -0.41% Jul 28, 2025 - Aug 8, 2025 | -0.86% Nov 8, 2024 - Dec 5, 2024 |
| #13 | -0.40% Jun 30, 2025 - Jul 16, 2025 | -0.68% Nov 11, 2025 - Nov 28, 2025 |
| #14 | -0.39% Jan 24, 2025 - Feb 13, 2025 | -0.68% Jul 26, 2023 - Jul 31, 2023 |
| #15 | -0.36% Nov 7, 2024 - Nov 25, 2024 | -0.66% Jun 15, 2023 - Jun 28, 2023 |
Correlation
Correlation between ZNOV and HYGW is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Select Stocks to Compare
Popular: ZNOV vs SPYHYGW vs SPY
More Comparisons
Compare with similar stocks