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NOCT vs QMFE

Innovator Growth-100 Power Buffer ETF

NOCTCCboe

FT Vest Nasdaq-100 Moderate Buffer ETF - February

QMFEDCboe

Overlap

Expense ratio

NOCT −0.11pt a year

NOCT0.79%QMFE0.90%

Avg volume · 30D

NOCT 7.2×the volume

NOCT35.1KQMFE4.9K

NOCT vs QMFE Performance

Oct 31, 2025 – Oct 30, 2026

+8.0%NOCT+12.2%QMFE

Oct 31, 2025 to Oct 30, 2026. NOCT +8.0%. QMFE +12.2%. Use the arrow keys to read each point.−5%0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
NOCT 0.79%, better
QMFE 0.90%
Fund size
NOCT $315M
QMFE $43M
1Y total return
NOCT +8.0%
QMFE +12.2%, better
Yield (12M)
NOCT 0.00%
QMFE No data
Holdings
NOCT 3
QMFE 3
Avg volume (30D)
NOCT 35.1K sh, better
QMFE 4.9K sh
NAV per share
NOCT $62.35
QMFE $24.63
52W range

ETF.net Grade

NOCT: Cost 39, Risk 48, Mission 93, Tradability 77, Holdings not scored, Durability 91. QMFE: Cost 5, Risk 75, Mission not scored, Tradability 53, Holdings not scored, Durability 56.
Pillar letters and Scores for NOCT, QMFE, with each pillar’s weight
PillarNOCTQMFE
Cost30% weightD39HigherF5
Mission25% weightA93Not scored
Risk15% weightC48A75Higher
Tradability15% weightA77HigherC53
Holdings10% weightNot scoredNot scored
Durability5% weightA91HigherB56

Rank among Nasdaq-100 Buffer 15% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. NOCT and QMFE 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 3rd and QMFE 14th of 15 funds in the Nasdaq-100 Buffer 15% Category.

  1. Rank 1BQBQFAllianzIM Growth 100 Buffer15 ETFScore 58
  2. Rank 2CNJANInnovator Growth-100 Power Buffer ETFScore 54
  3. Rank 3CNOCTInnovator Growth-100 Power Buffer ETFScore 53
  4. Rank 4CNAPRInnovator Nasdaq 100 Power Buffer ETF - AprilScore 52
  5. Rank 8CQQMYCorgi Growth & Technology 15% Structured Buffer ETF - May SeriesScore 40
  6. Rank 14DQMFEFT Vest Nasdaq-100 Moderate Buffer ETF - FebruaryScore 36
  7. Rank 15DQMNVFT Vest Nasdaq-100 Moderate Buffer ETF - NovemberScore 35

Our read on each fund

ETF.net Research

NOCTCInnovator Growth-100 Power Buffer ETF

QMFEDFT Vest Nasdaq-100 Moderate Buffer ETF - February

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.

QMFE 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.

QMFE 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.

QMFE 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

QMFE No data

Full NOCT profile⁠

Full QMFE profile⁠

NOCT vs QMFE 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 QMFE Cost

Overpaying QMFE vs NOCT

$1,866

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

  • NOCT 0.79%

    $15,174

  • QMFE 0.90%

    $17,040

$10,000
30 years

Cost over time

  • NOCT 0.79%
  • QMFE 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QMFE $17,040NOCT $15,174

Year by year

YearNOCTQMFEOverpaying
10$1,405$1,593$188
20$5,331$6,015$684
30$15,174$17,040$1,866

Expense ratio

  • 0.79%NOCT, cheaper
  • 0.90%QMFE
  • Middle half of Nasdaq-100 Buffer 15% funds
  • Median 0.79%

NOCT 8th cheapest of 15 funds

QMFE 13th cheapest of 15 funds

NOCT vs QMFE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NOCT 0.00%
QMFE No data
Payout (12M)
NOCT None
QMFE None

Distribution history

Per share, 2019, same scale for both

NOCT1 paymentAll NOCT payments⁠
One bar per payment. 1 payment in 2019. Nov 19, 2019 $0.35. Use the arrow keys to read each point.$0$0.252019
QMFEAll QMFE payments⁠

No distribution history available.

NOCT vs QMFE 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%QMFE 8.1%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
NOCT 1.15QMFE 1.21since Mar 2025
Worst fallMax drawdown, 5 years
NOCT −16.2%QMFE −11.8%since Feb 2025
Market sensitivityBeta, 5 years
NOCT 0.56QMFE 0.59

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