NOCT vs. DIA
Compare and contrast key facts about Innovator Growth-100 Power Buffer ETF - October (NOCT) and SPDR Dow Jones Industrial Average ETF (DIA).
NOCT and DIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NOCT is an actively managed fund by Innovator. It was launched on Sep 30, 2019. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Performance
NOCT vs. DIA - Performance Comparison
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NOCT vs. DIA - 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% |
DIA SPDR Dow Jones Industrial Average ETF | -2.78% | 14.71% | 14.82% | 16.02% | -7.02% | 20.83% | 9.59% | 7.98% |
Returns By Period
In the year-to-date period, NOCT achieves a -1.95% return, which is significantly higher than DIA's -2.78% return.
NOCT
- 1D
- 0.75%
- 1M
- -1.75%
- YTD
- -1.95%
- 6M
- -0.25%
- 1Y
- 13.77%
- 3Y*
- 13.21%
- 5Y*
- 8.89%
- 10Y*
- —
DIA
- 1D
- 0.49%
- 1M
- -4.64%
- YTD
- -2.78%
- 6M
- 1.02%
- 1Y
- 12.67%
- 3Y*
- 13.76%
- 5Y*
- 8.92%
- 10Y*
- 12.28%
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NOCT vs. DIA - Expense Ratio Comparison
NOCT has a 0.79% expense ratio, which is higher than DIA's 0.16% expense ratio.
Return for Risk
NOCT vs. DIA — Risk / Return Rank
NOCT
DIA
NOCT vs. DIA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - October (NOCT) and SPDR Dow Jones Industrial Average ETF (DIA). 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 | DIA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 0.76 | +0.35 |
Sortino ratioReturn per unit of downside risk | 1.72 | 1.19 | +0.53 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.16 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.17 | +0.60 |
Martin ratioReturn relative to average drawdown | 8.81 | 4.26 | +4.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NOCT | DIA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 0.76 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.61 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.47 | +0.41 |
Correlation
The correlation between NOCT and DIA is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NOCT vs. DIA - Dividend Comparison
NOCT has not paid dividends to shareholders, while DIA's dividend yield for the trailing twelve months is around 1.51%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOCT Innovator Growth-100 Power Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% |
DIA SPDR Dow Jones Industrial Average ETF | 1.51% | 1.43% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 1.85% | 2.24% | 1.97% | 2.26% | 2.33% |
Drawdowns
NOCT vs. DIA - Drawdown Comparison
The maximum NOCT drawdown since its inception was -16.21%, smaller than the maximum DIA drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for NOCT and DIA.
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Drawdown Indicators
| NOCT | DIA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.21% | -51.87% | +35.66% |
Max Drawdown (1Y)Largest decline over 1 year | -8.08% | -10.79% | +2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -16.21% | -20.76% | +4.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.70% | — |
Current DrawdownCurrent decline from peak | -3.32% | -6.94% | +3.62% |
Average DrawdownAverage peak-to-trough decline | -2.39% | -7.17% | +4.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.95% | -1.34% |
Volatility
NOCT vs. DIA - Volatility Comparison
The current volatility for Innovator Growth-100 Power Buffer ETF - October (NOCT) is 3.77%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 4.94%. This indicates that NOCT experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOCT | DIA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 4.94% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 6.50% | 9.24% | -2.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.56% | 16.81% | -4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.93% | 14.73% | -3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 17.50% | -6.21% |