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 0.70, 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.
Performance
NOCT vs. NVDA - Performance Comparison
Key characteristics
NOCT:
2.06
NVDA:
1.62
NOCT:
2.86
NVDA:
2.16
NOCT:
1.44
NVDA:
1.28
NOCT:
4.48
NVDA:
3.39
NOCT:
20.28
NVDA:
9.39
NOCT:
0.62%
NVDA:
9.76%
NOCT:
6.12%
NVDA:
56.78%
NOCT:
-16.21%
NVDA:
-89.73%
NOCT:
0.00%
NVDA:
-6.83%
Returns By Period
In the year-to-date period, NOCT achieves a 2.92% return, which is significantly lower than NVDA's 3.68% return.
NOCT
2.92%
1.65%
6.67%
13.06%
9.97%
N/A
NVDA
3.68%
1.10%
8.37%
100.51%
80.65%
74.59%
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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 0.02%.
| 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 | 0.02% | 0.02% | 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 -89.73%. 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 1.94%, while NVIDIA Corporation (NVDA) has a volatility of 24.21%. 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.