Innovator ETFs ETF (INOV) Performance
INOV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.1% since Dec 31, 2025
- 1 year
- +8.1% total return
- Since first price
- +44.7% since 2023
INOV trailing returns vs SPY, QQQ, AGG
| Period | INOV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.3% | −2.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.8% | +1.8% | +7.8% | +8.4% | −1.5% |
| YTD | +5.1% | +5.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.1% | +8.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 1, 2023 | +44.7% | +44.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: INOV vs SPY
From Nov 1, 2023: INOV grew to $14,468, SPY to $18,644.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
INOV returns by calendar year
2 of 2 full years positive. Best 2025 (+20.6%), worst 2024 (+5.9%). 2026 is year to date.
INOV annual returns table
| Year | INOV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.1% | −7.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.6% | −8.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.9% | −4.1% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
INOV risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +12.7% |
| Volatility (annualized) | 6.4% |
| Sharpe ratio | 1.23 |
| Sortino ratio | 1.91 |
| Best month | +3.6% |
| Worst month | −4.9% |
| Best 12 months | +21.5% |
| Worst 12 months | +5.9% |
| Positive months | 76% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
INOV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 24 | +5.9% | +13.3% | +21.5% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
INOV performance overview
Innovator ETFs ETF (INOV) returned +8.1% over the past year, with distributions reinvested. Since its first recorded price on Nov 1, 2023 it has returned +44.7%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: INOV chart. See the INOV overview for the latest quote and fund facts.
INOV performance FAQ
What is the INOV return over the past year?
INOV returned +8.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.1%.
How much would $10,000 invested in INOV be worth?
$10,000 invested in INOV at its first recorded close on November 1, 2023 would be worth about $14,468 on October 23, 2026 with distributions reinvested.
What was the worst year for INOV?
The worst calendar year was 2024, with a total return of +5.9%. The best was 2025 at +20.6%.
How volatile is INOV?
Over the past history INOV had an annualized volatility of 6.4% and a Sharpe ratio of 1.23 (excess return over 1–3 month T-bills per unit of risk).