NOCT vs QJL: Grades, Fees and Holdings Compared

Innovator Growth-100 Power Buffer ETF

NOCTCCboe

Corgi Growth & Technology 10% Structured Buffer ETF - July Series

QJLCCboe

Overlap

0.0%by weight

Expense ratio

QJL −0.49pt a year

NOCT0.79%QJL0.30%

Avg volume · 30D

NOCT 32.6×the volume

NOCT35.3KQJL1.08K

NOCT vs QJL Performance

Aug 5, 2026 – Nov 5, 2026

−4.8%NOCT−5.2%QJL

Expense ratio: NOCT 0.79%; QJL 0.30%, better
Fund size: NOCT $316M; QJL $1M
1Y total return: NOCT +4.5%; QJL No data
Yield (12M): NOCT 0.00%; QJL No data
Holdings: NOCT 3; QJL 4
Avg volume (30D): NOCT 35.3K sh, better; QJL 1.08K sh
NAV per share: NOCT $62.44; QJL $24.74
52W range

ETF.net Grade

Pillar letters and Scores for NOCT, QJL, with each pillar’s weight
Pillar	NOCT	QJL
Cost30% weight	D39	A87Higher
Mission25% weight	A93	Not scored
Risk15% weight	C52Higher	F24
Tradability15% weight	A79Higher	F14
Holdings10% weight	Not scored	Not scored
Durability5% weight	A91Higher	F9

Rank among Nasdaq-100 Buffer 15% funds

How we build Categories ›

Same Category. NOCT and QJL are both graded against the same 15 Nasdaq-100 Buffer 15% funds, so their Grades compare head to head.

Nasdaq-100 Buffer 15%⁠

Category · 15 funds

See all 15 ›

NOCT ranks 2nd and QJL 8th of 15 funds in the Nasdaq-100 Buffer 15% Category.

Rank 1BQBQFAllianzIM Growth 100 Buffer15 ETFScore 56
Rank 2CNOCTInnovator Growth-100 Power Buffer ETFScore 55
Rank 3CNJANInnovator Growth-100 Power Buffer ETFScore 54
Rank 7CQCJAFT Vest Nasdaq-100 Conservative Buffer ETF - JanuaryScore 42
Rank 8CQJLCorgi Growth & Technology 10% Structured Buffer ETF - July SeriesScore 40
Rank 8CQJNCorgi Growth & Technology 10% Structured Buffer ETF - June SeriesScore 40

Our read on each fund

ETF.net Research

NOCTCInnovator Growth-100 Power Buffer ETF

QJLCCorgi Growth & Technology 10% Structured Buffer ETF - July Series

In short

NOCT Nasdaq-100 exposure with a 15% airbag: over each one-year outcome period starting October 1, the fund absorbs the first 15% of the reference ETF's decline and gives up gains above a cap in return.

QJL No data

Stated mandate

NOCT The Fund uses a defined-outcome strategy based on the Nasdaq-100 exposure of QQQ. It seeks to replicate the underlying ETF’s performance over the outcome period, subject to a capped upside and a 15% downside buffer.

QJL No data

Why people hold it

NOCT The deal is written into the prospectus: a 15% buffer against the reference Nasdaq-100 ETF's losses over each outcome period, paid for with a capped upside, reset every October 1.innovatoretfs.com
Live since October 2019, so the reset-and-cap machinery has years of real market cycles behind it rather than a backtest.
At 0.79%, the fee sits at the median for Nasdaq-100 buffer funds. The defined-outcome plumbing costs no premium versus the cohort.
An October start date makes this the autumn rung for anyone spreading buffer exposure across reset months instead of concentrating on one date.

QJL No data

Worth knowing

NOCT Thinly traded, so spreads and limit orders matter more here than with the big plain-index funds.
0.79% is not the cohort floor: PBQQ runs 0.50% and the Calamos Nasdaq-100 protection funds 0.69%, on different protection terms.
Buffer and cap are measured across the full outcome period. Enter mid-period and your effective buffer and remaining upside differ from the stated terms.innovatoretfs.com

QJL No data

Full NOCT profile⁠

Full QJL profile⁠

NOCT vs QJL Holdings

How NOCT and QJL differ

Overlap by weight

0.0%

Level by level

Holdings0 in both0.0%
Sector10 Sectors95.7%
Asset classStocks100%
Countryby domicile99.9%

Sector

Sector weights in NOCT and QJL, widest gap first
Sector	Gap	NOCT	QJL
Communication	NOCT +3.1 points	14.5%	11.4%
Industrials	QJL +2.7 points	2.6%	5.3%
Technology	QJL +0.9 points	58.0%	58.9%
Consumer Discretionary	NOCT +0.7 points	11.6%	10.9%
Health Care	QJL +0.7 points	3.7%	4.4%
Consumer Staples	NOCT +0.3 points	6.6%	6.3%
Utilities	NOCT +0.1 points	1.2%	1.1%
Financials	Same weight	0.2%	0.2%
Energy	Same weight	0.5%	0.5%
Materials	Same weight	1.0%	1.0%

Country, concentration and asset class

Country by domicile

Country weights in NOCT and QJL, widest gap first
Country	Gap	NOCT	QJL
United States	Same weight	97.3%	97.3%
Canada	QJL +0.1 points	1.0%	1.1%
Netherlands	Same weight	0.8%	0.9%
Brazil	Same weight	0.4%	0.4%
China	Same weight	0.2%	0.2%
United Kingdom	Same weight	0.2%	0.2%

Concentration

Weight in the 10 largest Holdings

NOCT105.8%
QJL104.5%

Securities held

NOCT3
QJL3

Asset class

NOCT: Stocks
QJL: Stocks

Holdings

Only in NOCT3
In both0
Only in QJL3

Only in NOCT

3 securities, 100% of NOCT by weight

Qqq 09/30/2027 7.4 C95.78%
Qqq 09/30/2027 739.77 P9.67%
Us Bank Mmda - Usbgfs 9 09/01/20370.32%

Only in QJL

3 securities, 100% of QJL by weight

Qqq 06/30/2027 145.05 C74.15%
United States Treasury Note/Bond 3.25% 06/30/202719.62%
Qqq 06/30/2027 725.23 P7.62%

Weight gaps

NOCT and QJL share no securities.

All 6 NOCT holdings⁠All QJL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NOCT vs QJL Cost

Overpaying NOCT vs QJL

$9,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

NOCT 0.79%
$15,174
QJL 0.30%
$6,149

Amount$10,000

Years30 years

Cost over time

NOCT 0.79%
QJL 0.30%
Overpaying

Year by year

Year	NOCT	QJL	Overpaying
10	$1,405	$545	$860
20	$5,331	$2,113	$3,218
30	$15,174	$6,149	$9,025

Expense ratio

0.79%NOCT
0.30%QJL, cheaper

QJL0.30%NOCT0.79%

0.30%0.90%

Middle half of Nasdaq-100 Buffer 15% funds
Median 0.79%

QJL cheapest of 15 funds

NOCT 8th cheapest of 15 funds

NOCT vs QJL Dividends

Last 12 months to Nov 5, 2026

Yield (12M): NOCT 0.00%; QJL No data
Payout (12M): NOCT None; QJL None

Distribution history

Per share, 2019, same scale for both

NOCT1 paymentAll NOCT payments⁠

QJLAll QJL payments⁠

No distribution history available.

NOCT vs QJL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: NOCT 7.8%QJL No data
Return per unit of riskSharpe ratio, 3 years: NOCT 1.15QJL No data
Worst fallMax drawdown, 5 years: NOCT −16.2%QJL No data
Market sensitivityBeta, 5 years: NOCT 0.56QJL 1.34; Market = 1

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