BNOV vs XDSQ
Innovator US Equity Buffer ETF - November vs Innovator US Equity Accelerated ETF - Quarterly
Which is better, BNOV or XDSQ?
XDSQ has been ahead.
XDSQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | XDSQ |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $201M | $71M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 21 |
| YTD Return | +11.13%Best | +8.17% |
| 1Y Return | +13.58% | +13.75%Best |
| 3Y Return (annualized) | +13.95% | +17.06%Best |
| 5Y Return (annualized) | +8.95% | +10.19%Best |
| Volatility (annualized) | 10.7%Best | 13.3% |
| Max Drawdown | -16.3%Best | -26.1% |
| $10,000 over 5 years | $15,351 | $16,245Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 1, 2019 | Mar 31, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2021 to Oct 14, 2026 (5.5 years).
BNOV vs XDSQ 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 5.5 years both funds cover.
BNOV vs XDSQ Performance
Innovator US Equity Buffer ETF - November (BNOV) is an ETF from Innovator ETFs Trust and Innovator US Equity Accelerated ETF - Quarterly (XDSQ) is an ETF from Innovator ETFs Trust. Over the past year BNOV returned +13.58% while XDSQ returned +13.75%. Year to date, BNOV is up 11.13% versus a gain of 8.17% for XDSQ.
Over three years, BNOV compounded at +13.95% per year against +17.06% for XDSQ; over five years the annualized figures are +8.95% and +10.19% respectively. Across the full 6-year window we track, XDSQ has the edge at +10.72% annualized vs +8.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XDSQ has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 10.7% for BNOV. 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 -16.3% for BNOV and -26.1% for XDSQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BNOV charges 0.79% per year while XDSQ 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 XDSQ.
You are not choosing between two funds in isolation.
Whichever of BNOV and XDSQ 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 XDSQ?
BNOV has an expense ratio of 0.79% while XDSQ charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BNOV or XDSQ?
Over the past year BNOV returned +13.58% vs +13.75% for XDSQ, so XDSQ leads on 1-year performance. Over the longest common window we track (6 years), BNOV annualized +8.86% vs +10.72% for XDSQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNOV or XDSQ?
XDSQ has been the more volatile fund at 13.3% annualized versus 10.7% for BNOV. Worst drawdown: BNOV -16.3% vs XDSQ -26.1%.
Should I hold both BNOV and XDSQ?
BNOV and XDSQ have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BNOV or XDSQ?
BNOV yields 0.00% while XDSQ yields 0.00%, so XDSQ currently pays the higher dividend yield.
Is XDSQ better than BNOV?
XDSQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.