{"url":"https://etfiq.com/compare/buffer/nvbw-vs-pnov","section":"compare","title":"NVBW vs PNOV: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 NVBW can gain 11.2% before its cap and PNOV 14.3%. Each can fall 1.4% and 0.9% before its buffer engages, on SPY.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, NVBW or PNOV?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Nov 4, 2026, NVBW can gain about 11.2% before its cap and PNOV about 14.3%, so PNOV has more room left this period."}},{"@type":"Question","name":"Which resets first, NVBW or PNOV?","acceptedAnswer":{"@type":"Answer","text":"NVBW ends its outcome period on Oct 31, 2027 and PNOV on Oct 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, NVBW or PNOV?","acceptedAnswer":{"@type":"Answer","text":"NVBW charges 0.74% a year and PNOV charges 0.79%, so NVBW is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"NVBW vs PNOV","item":"https://etfiq.com/compare/buffer/nvbw-vs-pnov"}]},{"@type":"WebPage","name":"NVBW vs PNOV: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 NVBW can gain 11.2% before its cap and PNOV 14.3%. Each can fall 1.4% and 0.9% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/nvbw-vs-pnov","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 NVBW can fall 1.4% before its buffer engages and PNOV 0.9%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NVBW and PNOV","description":"As of Nov 4, 2026 NVBW can gain 11.2% before its cap and PNOV 14.3%. Each can fall 1.4% and 0.9% before its buffer engages, on SPY.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/nvbw-vs-pnov","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6613,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / NVBW vs PNOV \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n NVBW vs PNOV: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 NVBW can fall 1.4% before its buffer engages and PNOV 0.9%.\n Copy this for sharing \n \n NVBW costs 0.05 points a year less; their one-year returns differ by 0.3 points; PNOV is 8.3 times larger.\n NVBW and PNOV at a glance. As of Nov 4, 2026. Source: ETFIQ. NVBW PNOV \n Expense ratio 0.74% 0.79% \n Net assets, as of Nov 3, 2026 $101m $834m \n Total return, 1 year +11.2% +11.5% \n What it tracks SPY SPY \n Holdings in common ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, NVBW against PNOV, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/nvbw-vs-pnov","a":{"ticker":"NVBW","name":"AllianzIM U.S. Equity Buffer20 ETF - Nov","issuer":"AllianzIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since Nov 1, 2026, NVBW returned 0.7%, against SPY's 1.5% price return. It can gain 11.2% more before its cap.","url":"https://etfiq.com/funds/nvbw","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"11.2%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"1.4%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"361","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$101m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.74%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"}]},"b":{"ticker":"PNOV","name":"Innovator U.S. Equity Power Buffer ETF - Nov","issuer":"Innovator","desk":"buffer","as_of":"2026-11-04","verdict":"Since Oct 31, 2026, PNOV returned 0.9%, against SPY's 1.4% price return. It can gain 14.3% more before its cap.","url":"https://etfiq.com/funds/pnov","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"14.3%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"0.9%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"361","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$857m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/nvbw-vs-pnov"}