CTMA vs UNOV: Grades, Fees and Holdings Compared

Corgi U.S. Equities 30% Structured Buffer ETF - May Series

CTMADCboe

Innovator U.S. Equity Ultra Buffer ETF

UNOVCCboe

Overlap

0.1%by weight

Expense ratio

CTMA −0.49pt a year

CTMA0.30%UNOV0.79%

Avg volume · 30D

UNOV 3.6×the volume

CTMA1.86KUNOV6.67K

CTMA vs UNOV Performance

Jul 31, 2026 – Oct 30, 2026

+0.8%CTMA+3.0%UNOV

Expense ratio: CTMA 0.30%, better; UNOV 0.79%
Fund size: CTMA $2M; UNOV $104M
1Y total return: CTMA No data; UNOV +10.0%
Holdings: CTMA 4; UNOV 5
Avg volume (30D): CTMA 1.86K sh; UNOV 6.67K sh, better
NAV per share: CTMA $25.79; UNOV $41.58
52W range

ETF.net Grade

Pillar letters and Scores for CTMA, UNOV, with each pillar’s weight
Pillar	CTMA	UNOV
Cost30% weight	C51Higher	C50
Mission25% weight	Not scored	Not scored
Risk15% weight	C41	C48Higher
Tradability15% weight	F2	D32Higher
Holdings10% weight	Not scored	B59
Durability5% weight	F2	D36Higher

Rank among S&P 500 Ultra Buffer 30% funds

How we build Categories ›

Same Category. CTMA and UNOV are both graded against the same 13 S&P 500 Ultra Buffer 30% funds, so their Grades compare head to head.

S&P 500 Ultra Buffer 30%⁠

Category · 13 funds

See all 13 ›

UNOV ranks 12th and CTMA 13th of 13 funds in the S&P 500 Ultra Buffer 30% Category.

Rank 11CUAPRInnovator U.S. Equity Ultra Buffer ETFScore 48
Rank 12CUNOVInnovator U.S. Equity Ultra Buffer ETFScore 46
Rank 13DCTMACorgi U.S. Equities 30% Structured Buffer ETF - May SeriesScore 33

CTMA vs UNOV Holdings

How CTMA and UNOV differ

Overlap by weight

0.1%

Shared holdings make up 6.4% of CTMA and 0.1% of UNOV.

Level by level

Holdings0 in both0.1%
Sector11 Sectors98.0%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in CTMA and UNOV, widest gap first
Sector	More in CTMAMore in UNOV	CTMA	UNOV
Communication	UNOV +1.0 points	8.9%	9.9%
Technology	UNOV +0.8 points	39.3%	40.1%
Consumer Discretionary	CTMA +0.4 points	9.1%	8.7%
Financials	CTMA +0.4 points	11.7%	11.3%
Health Care	CTMA +0.4 points	9.8%	9.4%
Energy	CTMA +0.3 points	3.7%	3.4%
Consumer Staples	CTMA +0.3 points	4.7%	4.4%
Industrials	UNOV +0.1 points	7.5%	7.6%
Utilities	CTMA +0.1 points	2.0%	1.9%
Materials	UNOV +0.1 points	1.5%	1.6%
Real Estate	Same weight	1.7%	1.7%

Country, concentration and asset class

Country by domicile

Country weights in CTMA and UNOV, widest gap first
Country	More in CTMAMore in UNOV	CTMA	UNOV
United States	Same weight	99.5%	99.5%
Switzerland	Same weight	0.3%	0.3%
China	Same weight	0.1%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

CTMA102.4%
UNOV103.2%

Securities held

CTMA3
UNOV4

Asset class

CTMA: Equity
UNOV: Equity

Holdings

Only in CTMA3
In both0
Only in UNOV4

Only in CTMA

3 securities, 96.0% of CTMA by weight

Spy 04/30/2027 144.74 C80.34%
United States Treasury Note/Bond 3.75% 04/30/202713.74%
Spy 04/30/2027 687.52 P1.89%

Only in UNOV

4 securities, 100% of UNOV by weight

Vanguard S&P 500 ETF98.52%
Voo 10/29/2027 660.07 P4.12%
Us Bank Mmda - Usbgfs 9 09/01/20370.31%
Voo 10/29/2027 722.58 C0.14%

Weight gaps

CTMA and UNOV share no securities.

All CTMA holdings⁠All 6 UNOV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CTMA vs UNOV Cost

Overpaying UNOV vs CTMA

$9,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

CTMA 0.30%
$6,149
UNOV 0.79%
$15,174

Amount$10,000

Years30 years

Cost over time

CTMA 0.30%
UNOV 0.79%
Overpaying

Year by year

Year	CTMA	UNOV	Overpaying
10	$545	$1,405	$860
20	$2,113	$5,331	$3,218
30	$6,149	$15,174	$9,025

Expense ratio

0.30%CTMA, cheaper
0.79%UNOV

CTMA0.30%UNOV0.79%

0.30%0.79%

Middle half of S&P 500 Ultra Buffer 30% funds
Median 0.79%

CTMA cheapest of 13 funds

UNOV 2nd cheapest of 13 funds

CTMA vs UNOV Dividends

Last 12 months to Oct 30, 2026

Payout (12M): CTMA None; UNOV None

Distribution history

CTMAAll CTMA payments⁠

No distribution history available.

UNOVAll UNOV payments⁠

No distribution history available.

CTMA vs UNOV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CTMA No dataUNOV 5.5%
Return per unit of riskSharpe ratio, 3 years: CTMA No dataUNOV 1.28
Worst fallMax drawdown, 5 years: CTMA No dataUNOV −9.1%
Market sensitivityBeta, 5 years: CTMA 0.41UNOV 0.45; Market = 1

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