ZNOV Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 1 Yr November
Quote as of Oct 23, 2026 19:58 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 28.09 | Day Range | 28.09 – 28.11 |
| 52-Week Range | 26.35 – 28.18 | Volume | 30.23K |
| Avg Volume | 17.26K | AUM | $106.7M (Oct 26, 2026) |
| Expense Ratio | 0.79% | Yield (TTM) | — |
| NAV | 28.08 | Premium/Discount | +0.02% indicative |
| Inception | Nov 01, 2024 | Holdings | 5 |
| Issuer | Innovator | Exchange | CBOE |
| Category | — | Index Tracked | Not stated in source data |
| CUSIP | 45784N809 | ISIN | US45784N8092 |
| Management | Not stated in source data | ||
About this ETF
ZNOV invests all its assets in FLEX options. The option positions are structured in a way that aims to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over one year. The upside cap and hedge are reset annually, at the beginning of November. Shareholders should note that they will not receive dividends since the objective focuses on potential growth. The specific defined outcome pursued may only be possible if an investor would hold the shares for the entire outcome period. However, there is no guarantee that the defined outcome strategy pursued will be realized by investors. When factoring risks, potential rewards, and the all-in costs for such a strategy, ZNOV is considered an alternative to more expensive fixed indexed annuities, market-linked CDs, holding near-term Treasury, or cash.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.64% | +2.07% | +3.50% | +5.32% | +6.00% | — | — | — | +6.28% |
| Total return | +0.64% | +2.07% | +3.50% | +5.32% | +6.00% | — | — | — | +6.28% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.79% | Annual cost of a $10,000 investment | $79.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 5 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SPY 10/30/2026 6.85 C | — | 104.33% | 1.48K | $111.3M |
| 2 | US BANK MMDA - USBGFS 9 09/01/2037 | — | 0.91% | 968.25K | $968.3K |
| 3 | SPY 10/30/2026 682.09 P | — | 0.03% | 1.48K | $29.7K |
| 4 | Cash & Other | — | -0.74% | -786.30K | -$786.3K |
| 5 | SPY 10/30/2026 728.78 C | — | -4.53% | -1.48K | -$4.8M |
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Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 2.56% / — | Sharpe 1Y / 3Y | 0.802 / — |
| Max drawdown 1Y / 3Y | -1.64% / — | Sortino 1Y | 1.29 |
| Beta vs S&P 500 (3Y) | 0.161 | Correlation vs S&P 500 (1Y) | 0.818 |
| Downside deviation 1Y | 1.59% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 30.23K | Average volume | 17.26K |
| AUM | $106.7M | Premium/Discount | +0.02% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $759.5K | +0.72% | $105.9M → $106.7M |
| 1 Month | $83.8K | +0.08% | $106.2M → $106.7M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for ZNOV
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.