Data as of Oct 28, 2026.

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KNOV vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, KNOV returned +12.3% to VTWO's +14.3%, and VTWO charges 0.06% to KNOV's 0.79%.

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Net assets: $43m on Oct 28, 2026 for Innovator U.S. Small Cap Power Buffer ETF - Nov, and $16.6bn on Sep 30, 2026 for Vanguard Russell 2000 ETF.

At a glance
+12.3%
KNOV total return, 1 year
+14.3%
VTWO total return, 1 year
0.79%
KNOV expense ratio
0.06%
VTWO expense ratio

Pair scorecard

VTWO costs 0.73 points a year less; their one-year returns differ by 2.0 points.

KNOV vs VTWO: Differences, Returns & Fees
MeasureKNOVVTWO
Return
Total return, 1 year+12.3%+14.3%
Drawdown
Below its high7.5%, high on Aug 14, 2026
Index fall to the buffer12.4%
Fund price fall to the buffer12.6%
Benchmark
What it tracksIWMRussell 2000 Index
The outcome period
Room to the cap3.5%
Buffer left, in index points15.0% of 15.0%
Days left in the period3
Period endsOct 31, 2026
Cost and size
Expense ratio0.79%0.06%
Net assets, KNOV as of Oct 28, 2026 and VTWO as of Sep 30, 2026$43m$16.6bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund5.4%

Method

Side by side

KNOV Innovator U.S. Small Cap Power Buffer ETF - Nov VTWO Vanguard Russell 2000 ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 15% on IWM Tracks the Russell 2000
Total return, 1 year +12.3% +14.3%
Its benchmark over the same days +13.0% (IWM) +14.1% (IWM)
Gap to its benchmark −0.7 pts vs IWM +0.2 pts vs IWM
Expense ratio 0.79% 0.06%
Holdings not read by ETFIQ 2002
Net assets, KNOV as of Oct 28, 2026 and VTWO as of Sep 30, 2026 $43m $16.6bn

KNOV and VTWO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
KNOV

From its price on Oct 28, 2026, the fund can gain about 3.5% more before it reaches its cap. The fund's price can fall 12.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, IWM can fall 12.4% 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. 3 days remained on Oct 28, 2026. On Oct 31, 2026 the period ends and a new cap is set.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Are KNOV and VTWO in the same category?
KNOV is a buffer ETF and VTWO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, KNOV or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, KNOV returned +12.3% and VTWO +14.3%.
Which is cheaper, KNOV or VTWO?
VTWO is cheaper, by 0.73 percentage points a year. That is about $73 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, KNOV against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/knov-vs-vtwo

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