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ZNOV ETF — Innovator Equity Defined Protection ETF - 1 Yr November
Innovator Equity Defined Protection ETF - 1 Yr November (ZNOV)
Updated October 16, 2026.
ZNOV is an ETF. its expense ratio is 0.79%. Total return is 12.6% over the past 2 years, 24.1 points behind SPY at 36.7%.
Innovator Equity Defined Protection ETF - 1 Yr November is an ETF that invests at least 80% of its net assets in FLEX Options referencing the SPDR S&P 500 ETF Trust, designed to provide defined downside protection over a one-year period. The fund does not currently distribute income, and carries an expense ratio of 0.79%. This ETF appeals to investors seeking equity exposure with structured downside protection rather than traditional dividend income.
ZNOV holdings and sector exposure
Holdings are not available for this snapshot.
ZNOV performance versus SPY
Price and return data through 2026-10-16.
Total return is 12.6% over the past 2 years, 24.1 points behind SPY at 36.7%. Over the past year its total return — price change plus distributions reinvested — is 6.2%. Its deepest 1-year drawdown was 1.6%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 0.9% | — |
| 3M | 1.8% | — |
| 6M | 3.7% | — |
| YTD | 5.1% | — |
| 1Y | 6.2% | — |
| Since inception (2 years) | 12.6% | 6.20% |
ZNOV key facts
- Issuer
- Innovator ETFs
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 10/31/2024
- Expense ratio
- 0.79%
- Distribution frequency
- None
- Last close
- $28.04 (as of 2026-10-16)
- AUM
- $105,100,631
- Average volume
- 11216.0
- Beta
- 0.1614
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.
ZNOV risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.6%.
Who may consider ZNOV — and who may not
It is a weaker fit for investors who need monthly cash flow (ZNOV 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 ZNOV
Frequently asked questions
Does ZNOV pay monthly?
No. ZNOV does not currently distribute.
What is ZNOV's expense ratio?
ZNOV's expense ratio is 0.79%.
When does ZNOV pay a dividend?
ZNOV does not currently distribute.
How has ZNOV performed?
Total return is 12.6% over the past 2 years, 24.1 points behind SPY at 36.7%. Over the past year its total return — price change plus distributions reinvested — is 6.2%. Its deepest 1-year drawdown was 1.6%.
More securities from Innovator ETFs.
Tickers
Holdings as-of date unavailable.
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