NOCT vs. NVDA
Compare and contrast key facts about Innovator Growth-100 Power Buffer ETF- October (NOCT) and NVIDIA Corporation (NVDA).
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 NVDA.
Correlation
The correlation between NOCT and NVDA 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.
Performance
NOCT vs. NVDA - Performance Comparison
Key characteristics
NOCT:
0.47
NVDA:
0.58
NOCT:
0.77
NVDA:
1.16
NOCT:
1.13
NVDA:
1.14
NOCT:
0.45
NVDA:
0.94
NOCT:
2.12
NVDA:
2.47
NOCT:
2.72%
NVDA:
14.07%
NOCT:
12.37%
NVDA:
60.10%
NOCT:
-16.21%
NVDA:
-89.72%
NOCT:
-5.61%
NVDA:
-25.70%
Returns By Period
In the year-to-date period, NOCT achieves a -2.86% return, which is significantly higher than NVDA's -17.33% return.
NOCT
-2.86%
-1.42%
-0.85%
5.72%
9.33%
N/A
NVDA
-17.33%
-2.42%
-21.56%
34.39%
72.99%
70.63%
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Risk-Adjusted Performance
NOCT vs. NVDA — Risk-Adjusted Performance Rank
NOCT
NVDA
NOCT vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF- October (NOCT) and NVIDIA Corporation (NVDA). 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.
Dividends
NOCT vs. NVDA - Dividend Comparison
NOCT has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.04%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOCT Innovator Growth-100 Power Buffer ETF- October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.04% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
NOCT vs. NVDA - Drawdown Comparison
The maximum NOCT drawdown since its inception was -16.21%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for NOCT and NVDA. For additional features, visit the drawdowns tool.
Volatility
NOCT vs. NVDA - Volatility Comparison
The current volatility for Innovator Growth-100 Power Buffer ETF- October (NOCT) is 10.12%, while NVIDIA Corporation (NVDA) has a volatility of 25.54%. This indicates that NOCT experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.