NOCT vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about Innovator Growth-100 Power Buffer ETF - October (NOCT) and Berkshire Hathaway Inc. (BRK-B).

NOCT is an actively managed fund by Innovator. It was launched on Sep 30, 2019.

Performance

NOCT vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth-100 Power Buffer ETF - October (NOCT) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

NOCT vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NOCT Innovator Growth-100 Power Buffer ETF - October	-1.95%	12.81%	12.10%	30.67%	-13.42%	12.10%	11.64%	5.54%
BRK-B Berkshire Hathaway Inc.	-4.80%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	9.57%

Returns By Period

In the year-to-date period, NOCT achieves a -1.95% return, which is significantly higher than BRK-B's -4.80% return.

NOCT

• 1D: 0.75%
• 1M: -1.75%
• YTD: -1.95%
• 6M: -0.25%
• 1Y: 13.77%
• 3Y*: 13.21%
• 5Y*: 8.89%
• 10Y*: —

BRK-B

• 1D: -0.15%
• 1M: -0.35%
• YTD: -4.80%
• 6M: -3.95%
• 1Y: -10.22%
• 3Y*: 15.72%
• 5Y*: 13.13%
• 10Y*: 12.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NOCT vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOCT

NOCT Risk / Return Rank: 67
NOCT Sharpe Ratio Rank: 59
NOCT Sortino Ratio Rank: 65
NOCT Omega Ratio Rank: 71
NOCT Calmar Ratio Rank: 64
NOCT Martin Ratio Rank: 76

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 16
BRK-B Sortino Ratio Rank: 16
BRK-B Omega Ratio Rank: 16
BRK-B Calmar Ratio Rank: 17
BRK-B Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOCT vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - October (NOCT) and Berkshire Hathaway Inc. (BRK-B). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NOCT	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.10	-0.56	+1.66
Sortino ratio Return per unit of downside risk	1.72	-0.65	+2.37
Omega ratio Gain probability vs. loss probability	1.28	0.91	+0.36
Calmar ratio Return relative to maximum drawdown	1.76	-0.68	+2.44
Martin ratio Return relative to average drawdown	8.81	-1.16	+9.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NOCT vs. BRK-B - Sharpe Ratio Comparison

The current NOCT Sharpe Ratio is 1.10, which is higher than the BRK-B Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of NOCT and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NOCT	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	-0.56	+1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.77	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.48	+0.40

Correlation

The correlation between NOCT and BRK-B is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NOCT vs. BRK-B - Dividend Comparison

Neither NOCT nor BRK-B has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
NOCT Innovator Growth-100 Power Buffer ETF - October	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.07%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NOCT vs. BRK-B - Drawdown Comparison

The maximum NOCT drawdown since its inception was -16.21%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for NOCT and BRK-B.

Drawdown Indicators

	NOCT	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-16.21%	-53.86%	+37.65%
Max Drawdown (1Y) Largest decline over 1 year	-8.08%	-14.95%	+6.87%
Max Drawdown (5Y) Largest decline over 5 years	-16.21%	-26.58%	+10.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-3.32%	-11.36%	+8.04%
Average Drawdown Average peak-to-trough decline	-2.39%	-11.07%	+8.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	8.72%	-7.11%

Volatility

NOCT vs. BRK-B - Volatility Comparison

The current volatility for Innovator Growth-100 Power Buffer ETF - October (NOCT) is 3.77%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.33%. This indicates that NOCT experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NOCT	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	4.33%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	6.50%	11.14%	-4.64%
Volatility (1Y) Calculated over the trailing 1-year period	12.56%	18.30%	-5.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.93%	17.20%	-6.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.29%	19.45%	-8.16%