POCT vs. NVDY
Compare and contrast key facts about Innovator U.S. Equity Power Buffer ETF - October (POCT) and YieldMax NVDA Option Income Strategy ETF (NVDY).
POCT and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. POCT is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 15% Buffer Protect October Series Index. It was launched on Oct 1, 2018. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POCT or NVDY.
Key characteristics
| POCT | NVDY | |
|---|---|---|
| YTD Return | 9.63% | 127.59% |
| 1Y Return | 14.15% | 143.29% |
| Sharpe Ratio | 3.46 | 3.46 |
| Sortino Ratio | 5.24 | 3.75 |
| Omega Ratio | 1.86 | 1.54 |
| Calmar Ratio | 7.42 | 6.88 |
| Martin Ratio | 44.24 | 22.90 |
| Ulcer Index | 0.32% | 6.37% |
| Daily Std Dev | 4.11% | 42.08% |
| Max Drawdown | -18.80% | -21.19% |
| Current Drawdown | -0.20% | -0.08% |
Correlation
The correlation between POCT and NVDY is 0.51, 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
POCT vs. NVDY - Performance Comparison
In the year-to-date period, POCT achieves a 9.63% return, which is significantly lower than NVDY's 127.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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POCT vs. NVDY - Expense Ratio Comparison
POCT has a 0.79% expense ratio, which is lower than NVDY's 0.99% expense ratio.
Risk-Adjusted Performance
POCT vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - October (POCT) and YieldMax NVDA Option Income Strategy ETF (NVDY). 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
POCT vs. NVDY - Dividend Comparison
POCT has not paid dividends to shareholders, while NVDY's dividend yield for the trailing twelve months is around 72.55%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
POCT Innovator U.S. Equity Power Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% |
NVDY YieldMax NVDA Option Income Strategy ETF | 72.55% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
POCT vs. NVDY - Drawdown Comparison
The maximum POCT drawdown since its inception was -18.80%, smaller than the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for POCT and NVDY. For additional features, visit the drawdowns tool.
Volatility
POCT vs. NVDY - Volatility Comparison
The current volatility for Innovator U.S. Equity Power Buffer ETF - October (POCT) is 1.95%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 8.62%. This indicates that POCT experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.