INOV ETF — Innovator International Developed Power Buffer ETF - November

Innovator International Developed Power Buffer ETF - November (INOV)

Updated October 16, 2026.

INOV is an ETF. its expense ratio is 0.85%. Total return is 46.0% over the past 3 years, 41.3 points behind SPY at 87.3%.

Innovator International Developed Power Buffer ETF - November is an ETF that invests at least 80% of its assets in FLEX Options referencing the iShares MSCI EAFE ETF, an index fund tracking developed international equities. The fund uses a buffered outcome strategy designed to limit downside losses while capping upside gains over a defined outcome period, with an expense ratio of 0.85% and no current distributions. It appeals to investors seeking international equity exposure with defined risk parameters, though the structured strategy and outcome-period mechanics make it suited for those with specific risk tolerance objectives rather than traditional income seekers.

INOV performance versus SPY

Price and return data through 2026-10-16.

Total return is 46.0% over the past 3 years, 41.3 points behind SPY at 87.3%. Over the past year its total return — price change plus distributions reinvested — is 9.6%. Its deepest 1-year drawdown was 7.2%.

INOV key facts

Issuer

Innovator ETFs

Asset type

ETF

Asset class

Equity

Inception date

10/31/2023

Expense ratio

0.85%

Distribution frequency

None

Last close

$36.65 (as of 2026-10-16)

AUM

$35,857,226

Average volume

3343.0

Beta

0.5288

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Innovator ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

INOV risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.2%.

Who may consider INOV — and who may not

It is a weaker fit for investors who need monthly cash flow (INOV does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on INOV

• All tickers starting with I

Tagged: Downside Protection, Options, Target, International.

Frequently asked questions

More securities from Innovator ETFs.