Performance analysis of PNOV (Innovator U.S. Equity Power Buffer ETF - November)
Annual Return
Over the past 3 years, PNOV has had an average annual return of +10.48%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, PNOV has had an average annual return of +8.05%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Nov 1, 2019, PNOV has had an average annual return of +8.67%, underperforming the benchmark SPY, which returned +16.33% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +6.15% | +10.31% | +9.98% | +14.07% | -2.64% | +7.11% | +10.40% | +2.27% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.83% | -0.17% | -2.85% | +5.97% | +2.54% | -0.12% | +6.15% | ||||||
| 2025 | +1.39% | -0.31% | -2.77% | -0.27% | +3.80% | +2.57% | +1.33% | +1.30% | +1.22% | +0.97% | +0.46% | +0.31% | +10.31% |
| 2024 | +0.90% | +1.47% | +0.82% | -0.14% | +1.62% | +0.63% | +0.52% | +0.65% | +0.52% | +0.54% | +2.89% | -0.83% | +9.98% |
| 2023 | +4.47% | -1.62% | +2.48% | +1.32% | +0.34% | +4.89% | +2.01% | -0.24% | -4.20% | -2.36% | +4.75% | +1.85% | +14.07% |
| 2022 | -2.06% | -1.38% | +1.91% | -4.63% | +0.80% | -3.50% | +4.44% | -0.72% | -4.49% | +7.24% | +3.29% | -2.80% | -2.64% |
| 2021 | -1.00% | +1.49% | +2.08% | +1.14% | +0.25% | +0.45% | +0.23% | +0.52% | +0% | +0.33% | -0.70% | +2.17% | +7.11% |
| 2020 | +0.17% | -4.62% | -6.46% | +7.44% | +3.07% | +0.48% | +2.25% | +1.99% | -0.19% | +0.92% | +4.89% | +0.77% | +10.40% |
| 2019 | +1.20% | +1.06% | +2.27% |
Drawdown analysis of PNOV (Innovator U.S. Equity Power Buffer ETF - November)
The maximum drawdown for the PNOV was -18.50%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.
The current PNOV drawdown is -0.16%.
Since Nov 1, 2019 PNOV has experienced the following drawdowns:
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.50% | Feb 19, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -10.63% | Dec 29, 2021 | 117 | Jun 16, 2022 | 115 | Nov 30, 2022 | 232 |
| -10.35% | Feb 19, 2025 | 34 | Apr 8, 2025 | 41 | Jun 6, 2025 | 75 |
| -8.56% | Sep 14, 2023 | 31 | Oct 27, 2023 | 56 | Jan 19, 2024 | 87 |
| -4.85% | Feb 2, 2026 | 39 | Mar 30, 2026 | 10 | Apr 14, 2026 | 49 |
| -4.71% | Feb 2, 2023 | 26 | Mar 13, 2023 | 22 | Apr 13, 2023 | 48 |
| -3.79% | Dec 1, 2022 | 18 | Dec 28, 2022 | 16 | Jan 23, 2023 | 34 |
| -2.95% | Jul 31, 2023 | 14 | Aug 18, 2023 | 18 | Sep 14, 2023 | 32 |
| -2.37% | Nov 12, 2025 | 6 | Nov 20, 2025 | 5 | Nov 28, 2025 | 11 |
| -2.17% | Nov 16, 2021 | 10 | Dec 1, 2021 | 16 | Dec 23, 2021 | 26 |
| -1.96% | May 1, 2023 | 3 | May 4, 2023 | 10 | May 18, 2023 | 13 |
| -1.88% | Jan 21, 2021 | 6 | Jan 29, 2021 | 4 | Feb 4, 2021 | 10 |
| -1.84% | Jul 31, 2024 | 3 | Aug 5, 2024 | 6 | Aug 13, 2024 | 9 |
| -1.78% | Dec 11, 2024 | 5 | Dec 18, 2024 | 20 | Jan 21, 2025 | 25 |
| -1.78% | Sep 2, 2020 | 14 | Sep 23, 2020 | 10 | Oct 7, 2020 | 24 |
| -1.49% | May 18, 2023 | 4 | May 24, 2023 | 2 | May 26, 2023 | 6 |
| -1.42% | Dec 11, 2025 | 4 | Dec 17, 2025 | 3 | Dec 22, 2025 | 7 |
| -1.41% | Apr 19, 2023 | 5 | Apr 26, 2023 | 2 | Apr 28, 2023 | 7 |
| -1.36% | Apr 16, 2021 | 18 | May 12, 2021 | 12 | May 28, 2021 | 30 |
| -1.31% | Oct 27, 2020 | 1 | Oct 28, 2020 | 3 | Nov 2, 2020 | 4 |
| -1.23% | Jan 12, 2026 | 5 | Jan 20, 2026 | 5 | Jan 27, 2026 | 10 |
| -1.22% | Feb 24, 2021 | 6 | Mar 4, 2021 | 3 | Mar 9, 2021 | 9 |
| -1.19% | Jun 15, 2023 | 6 | Jun 26, 2023 | 3 | Jun 29, 2023 | 9 |
| -1.10% | Jul 28, 2025 | 4 | Aug 1, 2025 | 5 | Aug 8, 2025 | 9 |
| -1.07% | Apr 1, 2024 | 14 | Apr 19, 2024 | 10 | May 3, 2024 | 24 |