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NOCT vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

NOCT vs. BRK-B

Last updated Apr 28, 2025

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

NOCT is a passively managed fund by Innovator that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 1, 2019.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOCT or BRK-B.

Correlation

The correlation between NOCT and BRK-B is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

-0.50.00.51.0
Correlation: 0.8

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.
60.00%80.00%100.00%120.00%140.00%160.00%NovemberDecember2025FebruaryMarchApril
62.71%
156.86%
NOCT
BRK-B

Key characteristics

Sharpe Ratio

NOCT:

0.47

BRK-B:

1.58

Sortino Ratio

NOCT:

0.77

BRK-B:

2.22

Omega Ratio

NOCT:

1.13

BRK-B:

1.31

Calmar Ratio

NOCT:

0.45

BRK-B:

3.40

Martin Ratio

NOCT:

2.12

BRK-B:

8.72

Ulcer Index

NOCT:

2.72%

BRK-B:

3.43%

Daily Std Dev

NOCT:

12.37%

BRK-B:

18.92%

Max Drawdown

NOCT:

-16.21%

BRK-B:

-53.86%

Current Drawdown

NOCT:

-5.61%

BRK-B:

-1.26%

Returns By Period

In the year-to-date period, NOCT achieves a -2.86% return, which is significantly lower than BRK-B's 17.14% return.

NOCT

YTD

-2.86%

1M

0.24%

6M

-0.85%

1Y

5.09%

5Y*

9.22%

10Y*

N/A

BRK-B

YTD

17.14%

1M

0.88%

6M

16.95%

1Y

32.05%

5Y*

23.30%

10Y*

14.21%

*Annualized

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Risk-Adjusted Performance

NOCT vs. BRK-B — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NOCT
The Risk-Adjusted Performance Rank of NOCT is 5959
Overall Rank
The Sharpe Ratio Rank of NOCT is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of NOCT is 5656
Sortino Ratio Rank
The Omega Ratio Rank of NOCT is 6464
Omega Ratio Rank
The Calmar Ratio Rank of NOCT is 5959
Calmar Ratio Rank
The Martin Ratio Rank of NOCT is 6262
Martin Ratio Rank
BRK-B
The Risk-Adjusted Performance Rank of BRK-B is 9292
Overall Rank
The Sharpe Ratio Rank of BRK-B is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BRK-B is 8989
Sortino Ratio Rank
The Omega Ratio Rank of BRK-B is 8989
Omega Ratio Rank
The Calmar Ratio Rank of BRK-B is 9797
Calmar Ratio Rank
The Martin Ratio Rank of BRK-B is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NOCT vs. BRK-B - Risk-Adjusted Performance 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.

The chart of Sharpe ratio for NOCT, currently valued at 0.47, compared to the broader market-1.000.001.002.003.004.00
NOCT: 0.47
BRK-B: 1.58
The chart of Sortino ratio for NOCT, currently valued at 0.77, compared to the broader market-2.000.002.004.006.008.00
NOCT: 0.77
BRK-B: 2.22
The chart of Omega ratio for NOCT, currently valued at 1.13, compared to the broader market0.501.001.502.002.50
NOCT: 1.13
BRK-B: 1.31
The chart of Calmar ratio for NOCT, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.0012.00
NOCT: 0.45
BRK-B: 3.40
The chart of Martin ratio for NOCT, currently valued at 2.12, compared to the broader market0.0020.0040.0060.00
NOCT: 2.12
BRK-B: 8.72

The current NOCT Sharpe Ratio is 0.47, which is lower than the BRK-B Sharpe Ratio of 1.58. 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.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.47
1.58
NOCT
BRK-B

Dividends

NOCT vs. BRK-B - Dividend Comparison

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

TTM202420232022202120202019
NOCT
Innovator Growth-100 Power Buffer ETF- October		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%

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. For additional features, visit the drawdowns tool.

-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.61%
-1.26%
NOCT
BRK-B

Volatility

NOCT vs. BRK-B - Volatility Comparison

The current volatility for Innovator Growth-100 Power Buffer ETF- October (NOCT) is 10.12%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 10.99%. 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.

2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
10.12%
10.99%
NOCT
BRK-B