BNOV vs UFEB
Innovator US Equity Buffer ETF - November vs Innovator US Equity Ultra Buffer ETF - February
Which is better, BNOV or UFEB?
BNOV has been ahead.
BNOV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BNOV | UFEB |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $201M | $171M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | +11.13%Best | +8.01% |
| 1Y Return | +13.58%Best | +11.42% |
| 3Y Return (annualized) | +13.95%Best | +12.51% |
| 5Y Return (annualized) | +8.95%Best | +7.50% |
| Volatility (annualized) | 11.4% | 6.5%Best |
| Max Drawdown | -24.7% | -13.3%Best |
| $10,000 over 5 years | $15,351Best | $14,356 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 1, 2019 | Jan 31, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 3, 2020 to Oct 14, 2026 (6.7 years).
BNOV vs UFEB growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.7 years both funds cover.
BNOV vs UFEB Performance
Innovator US Equity Buffer ETF - November (BNOV) is an ETF from Innovator ETFs Trust and Innovator US Equity Ultra Buffer ETF - February (UFEB) is an ETF from Innovator ETFs Trust. Over the past year BNOV returned +13.58% while UFEB returned +11.42%. Year to date, BNOV is up 11.13% versus a gain of 8.01% for UFEB.
Over three years, BNOV compounded at +13.95% per year against +12.51% for UFEB; over five years the annualized figures are +8.95% and +7.50% respectively. Across the full 7-year window we track, BNOV has the edge at +9.55% annualized vs +7.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BNOV has been the more volatile fund, with annualized monthly volatility of 11.4% compared with 6.5% for UFEB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.7% for BNOV and -13.3% for UFEB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BNOV charges 0.79% per year while UFEB charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, BNOV currently yields 0.00% against 0.00% for UFEB.
You are not choosing between two funds in isolation.
Whichever of BNOV and UFEB you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BNOV or UFEB?
BNOV has an expense ratio of 0.79% while UFEB charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BNOV or UFEB?
Over the past year BNOV returned +13.58% vs +11.42% for UFEB, so BNOV leads on 1-year performance. Over the longest common window we track (7 years), BNOV annualized +9.55% vs +7.41% for UFEB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNOV or UFEB?
BNOV has been the more volatile fund at 11.4% annualized versus 6.5% for UFEB. Worst drawdown: BNOV -24.7% vs UFEB -13.3%.
Should I hold both BNOV and UFEB?
BNOV and UFEB have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BNOV or UFEB?
BNOV yields 0.00% while UFEB yields 0.00%, so UFEB currently pays the higher dividend yield.
Is UFEB better than BNOV?
BNOV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.