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BNOV · Innovator U.S. Equity Buffer ETF - Nov

Innovator · Buffer desk

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From its price on Sep 4, 2026, the fund can gain about 4.7% more before it reaches its cap. The fund's price can fall 11.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 11.4% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 57 days remained on Sep 4, 2026. On Oct 31, 2026 the period ends and a new cap is set.

BNOV (Innovator U.S. Equity Buffer ETF - Nov), buffer desk fields as of Sep 4, 2026. Source: ETFIQ.
Reference indexSPY
Buffer
Outcome periodOct 31, 2025 to Oct 31, 2026
Starting cap+17.6%
SPY return since period start+12.9%
Fund return since period start+11.7%
Band state today (ETFIQ)Open
Can still gain (issuer, fund price)4.7%
Fall before buffer (issuer, fund price)11.1%
Fall to the buffer in index terms (ETFIQ)11.4%
Protection left in index points (ETFIQ)9.0% of 9.0%
Days left in period57
Expense ratio0.79%

Questions people ask

How much can BNOV still gain?
About 4.7% from its price on Sep 4, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +17.6%.
How far can BNOV fall before the buffer helps?
11.1% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms SPY can fall 11.4% from that level before the buffer begins. Losses until that point are the holder's.
How much of the BNOV buffer is left?
9.0% of the 9.0% buffer sat below the SPY level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does BNOV reset?
The outcome period ends on Oct 31, 2026, 57 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.
What does BNOV cost?
The prospectus expense ratio is 0.79% a year.

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.

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BNOV outcome band, ETFIQ

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<p><a href="https://etfiq.com/funds/BNOV.html">BNOV outcome band, updated daily by ETFIQ</a></p>

Cite this page. ETFIQ, BNOV on the buffer desk, data as of Sep 4, 2026. https://etfiq.com/funds/BNOV.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; sort orders and figures are stated arithmetic on published data. Standards · How to read this desk