Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
KNOV vs VTWO: how they differ
KNOV and VTWO are measured over different days, and VTWO charges 0.07% against 0.79%.
Innovator U.S. Small Cap Power Buffer ETF - Nov and Vanguard Russell 2000 Index Fund.
| KNOV Innovator U.S. Small Cap Power Buffer ETF - Nov | VTWO Vanguard Russell 2000 Index Fund | |
|---|---|---|
| Where it sits | Buffer ETF | Core index fund |
| Issuer | Innovator | Vanguard |
| What it is | Defined outcome, 15% on IWM | Russell 2000 |
| Total return, 1 year | not published | +21.4% |
| S&P 500 over the same days | not published | +17.5% |
| Gap to the S&P 500 | not available | +3.9 pts |
| Expense ratio | 0.79% | 0.07% |
| Holdings | not filed | 1951 |
KNOV in plain words
From its price on Sep 12, 2026, the fund can gain about 3.2% more before it reaches its cap. The fund's price can fall 12.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, IWM can fall 14.8% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's IWM level. 50 days remained on Sep 12, 2026. On Oct 31, 2026 the period ends and a new cap is set.
VTWO in plain words
VTWO is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1951 positions, with the top ten at 7.8%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which is cheaper, KNOV or VTWO?
- KNOV charges 0.79% a year and VTWO charges 0.07%, so VTWO is cheaper. Fees come from each fund's prospectus.
- Are KNOV and VTWO the same kind of fund?
- No. KNOV is a buffer ETF and VTWO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, KNOV against VTWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/KNOV-VTWO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources