NOCT vs QTOC
Innovator Growth-100 Power Buffer ETF - October vs Innovator Growth Accelerated Plus ETF - October
Which is better, NOCT or QTOC?
Each has led over a different period.
NOCT led over 5Y and the full window, QTOC over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NOCT | QTOC |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $314M | $18M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 15 |
| YTD Return | +10.90% | +14.65%Best |
| 1Y Return | +13.40% | +18.47%Best |
| 3Y Return (annualized) | +14.09% | +18.31%Best |
| 5Y Return (annualized) | +10.19%Best | +9.42% |
| Volatility (annualized) | 9.7%Best | 16.4% |
| Max Drawdown | -16.2%Best | -33.4% |
| $10,000 over 5 years | $16,245Best | $15,685 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 1, 2019 | Oct 1, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2021 to Oct 14, 2026 (5 years).
NOCT vs QTOC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5 years both funds cover.
NOCT vs QTOC Performance
Innovator Growth-100 Power Buffer ETF - October (NOCT) is an ETF from Innovator ETFs Trust and Innovator Growth Accelerated Plus ETF - October (QTOC) is an ETF from Innovator ETFs Trust. Over the past year NOCT returned +13.40% while QTOC returned +18.47%. Year to date, NOCT is up 10.90% versus a gain of 14.65% for QTOC.
Over three years, NOCT compounded at +14.09% per year against +18.31% for QTOC; over five years the annualized figures are +10.19% and +9.42% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTOC has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 9.7% for NOCT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.2% for NOCT and -33.4% for QTOC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NOCT charges 0.79% per year while QTOC charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, NOCT currently yields 0.00% against 0.00% for QTOC.
You are not choosing between two funds in isolation.
Whichever of NOCT and QTOC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NOCT or QTOC?
NOCT has an expense ratio of 0.79% while QTOC charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, NOCT or QTOC?
Over the past year NOCT returned +13.40% vs +18.47% for QTOC, so QTOC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NOCT or QTOC?
QTOC has been the more volatile fund at 16.4% annualized versus 9.7% for NOCT. Worst drawdown: NOCT -16.2% vs QTOC -33.4%.
Should I hold both NOCT and QTOC?
NOCT and QTOC have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, NOCT or QTOC?
NOCT yields 0.00% while QTOC yields 0.00%, so QTOC currently pays the higher dividend yield.
Is QTOC better than NOCT?
NOCT led over 5Y and the full window, QTOC over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.