ZNOV - Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 1 Yr November
ZNOV invests all its assets in FLEX options. The option positions are structured in a way that aims to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over one year. The upside cap and hedge are reset annually, at the beginning of November.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $103.0M
- Beta
- 0.20
- 52-Week Range
- 26.35-28.12
- IPO Date
- Nov 1, 2024
- Exchange
- CBOE
ZNOV Options Snapshot
Options pricing data for ZNOV is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The ZNOV overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
ZNOV fund facts: expense ratio 0.79%, assets under management $105.1M, NAV $28.03 as of the data source's update on Oct 8, 2026, launched Nov 1, 2024, issued by Innovator. See the ZNOV holdings.
Frequently asked ZNOV overview questions
- What is ZNOV?
- ZNOV is the ticker symbol for Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 1 Yr November, an listed exchange-traded fund. ZNOV invests all its assets in FLEX options. The option positions are structured in a way that aims to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over one year. Listed on CBOE. ZNOV is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are ZNOV's key statistics?
- Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 1 Yr November (ZNOV) carries a market capitalization of $103.0M, 52-week range of 26.35-28.12. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does ZNOV belong to?
- Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 1 Yr November operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare ZNOV's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the ZNOV data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for ZNOV, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.