Which has more room to gain, NNOV or QCOC?

From their prices on Oct 1, 2026, NNOV can gain about 1.7% before its cap and QCOC about 0.3%, so NNOV has more room left this period.

Which resets first, NNOV or QCOC?

NNOV ends its outcome period on Oct 31, 2026 and QCOC on Oct 16, 2026. A new cap is set the day after each.

Which is cheaper, NNOV or QCOC?

NNOV charges 0.79% a year and QCOC charges 0.90%, so NNOV is cheaper. Fees come from each fund's prospectus.

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NNOV vs QCOC: which one stands where?

As of Oct 1, 2026 NNOV can fall 12.4% before its buffer engages and QCOC 10.9%, and QCOC resets 15 days sooner. Innovator Growth-100 Power Buffer ETF - Nov and FT Vest Nasdaq-100® Conservative Buffer ETF - October.

12.4%

NNOV can fall this far before its buffer

10.9%

QCOC can fall this far before its buffer

1.7%

NNOV can still gain

0.3%

QCOC can still gain

NNOVAt its cap

NNOV: reference +17.6% since period start, fund +13.2%; buffer 0 to −15; cap +15.9%; At its cap.

QCOCAt its cap

QCOC: reference +22.5% since period start, fund +11.2%; buffer 0 to −20; cap +12.4%; At its cap.

ETFIQ Downside Cover Score · QCOC scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

NNOV 7.3

QCOC 19.3

0.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Both are already at their cap, so neither gains from more rise in the index before the period ends.

Where each one stands today

QCOC resets first, on Oct 16, 2026, 16 days from now; NNOV runs to Oct 31, 2026, 31 days. NNOV can still gain 1.7% before its cap, QCOC 0.3%. A fall from here reaches NNOV’s buffer after 12.4% and QCOC’s after 10.9%. Both track QQQ, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	NNOV	QCOC	NNOV	QCOC
3 months	+3.9%	+2.8%	+1.8 pts	+0.7 pts
6 months	+16.0%	+11.1%	−10.8 pts	−15.8 pts
1 year	+14.2%	+11.5%	−9.6 pts	−12.3 pts

NNOV and QCOC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NNOV

Innovator Growth-100 Power Buffer ETF - Nov · Absorbs the first 15% of loss on QQQ and caps the gain at 15.9%, over a period ending Oct 31, 2026

QCOC

FT Vest Nasdaq-100® Conservative Buffer ETF - October · Absorbs the first 20% of loss on QQQ and caps the gain at 12.4%, over a period ending Oct 16, 2026

Issuer Innovator First Trust

Reference index QQQ QQQ

Buffer 15% 20%

Outcome period Oct 31, 2025 to Oct 31, 2026 Oct 20, 2025 to Oct 16, 2026

Days left 31 16

Starting cap +15.9% +12.4%

Can still gain 1.7% 0.3%

Fall before buffer 12.4% 10.9%

Protection left, index points 15.0% of 15.0% 20.0% of 20.0%

Index return this period +17.6% +22.5%

Fund return this period +13.2% +11.2%

State today At cap At cap

Expense ratio 0.79% 0.90%

Net assets $80m $64m

NNOV and QCOC on the same fields, as of Oct 1, 2026. Source: ETFIQ.

NNOV in plain words

QQQ had already risen past this fund's cap of +15.9% for the period on Oct 1, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 1.7% as the period runs out. The fund's price can fall 12.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 15.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's QQQ level. 31 days remained on Oct 1, 2026. On Oct 31, 2026 the period ends and a new cap is set.

QCOC in plain words

QQQ had already risen past this fund's cap of +12.4% for the period on Oct 1, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 0.3% as the period runs out. The fund's price can fall 10.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 18.4% from today's level to the point where the buffer begins. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's QQQ level. 16 days remained on Oct 1, 2026. On Oct 16, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, NNOV or QCOC?: From their prices on Oct 1, 2026, NNOV can gain about 1.7% before its cap and QCOC about 0.3%, so NNOV has more room left this period.
Which resets first, NNOV or QCOC?: NNOV ends its outcome period on Oct 31, 2026 and QCOC on Oct 16, 2026. A new cap is set the day after each.
Which is cheaper, NNOV or QCOC?: NNOV charges 0.79% a year and QCOC charges 0.90%, so NNOV is cheaper. Fees come from each fund's prospectus.

Other comparisons

QQQ →NNOV on its own →QCOC on its own →How every figure is computed →Standards and sources →

Where these figures came from

NNOV filings on SEC EDGAR ↗Innovator page for NNOV ↗QCOC filings on SEC EDGAR ↗First Trust page for QCOC ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, NNOV against QCOC, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/nnov-vs-qcoc

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.