Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

NOCT vs QBQF: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 NOCT can fall 0.0% before its buffer engages and QBQF 0.0%, and QBQF resets 273 days sooner.

askIQ about this page

askIQ about NOCT and QBQF

Net assets: $316m on Nov 4, 2026 for Innovator Growth-100 Power Buffer ETF - Oct, and $13m on Nov 3, 2026 for AllianzIM Growth-100 Buffer15 ETF - Jan.

At a glance
0.0%
NOCT can fall this far before its buffer
0.0%
QBQF can fall this far before its buffer
22.4%
NOCT can still gain
4.6%
QBQF can still gain
NOCT Buffer working
Buffer workingNOCT: reference −6.5% since period start, fund −3.1%; buffer 0 to −15; cap +18.7%; Buffer working. Data to Nov 4, 2026.8.5 of 15 pts left+18.7% more to the cap−15.0% floor0% period start+18.7% capTODAY · QQQ −6.5%Buffer workingNOCT: reference −6.5% since period start, fund −3.1%; buffer 0 to −15; cap +18.7%; Buffer working. Data to Nov 4, 2026.+18.7% to cap−15.0% floor0% start+18.7% cap8.5 of 15 pts of buffer leftTODAY · QQQ −6.5%

NOCT: reference −6.5% since period start, fund −3.1%; buffer 0 to −15; cap +18.7%; Buffer working. Data to Nov 4, 2026.

NOCT: reference −6.5% since period start, fund −3.1%; buffer 0 to −15; cap +18.7%; Buffer working. Data to Nov 4, 2026.
QBQF Buffer working
Buffer workingQBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; Buffer working. Data to Nov 4, 2026.8.5 of 15 pts left−15.0% floor0% period start+3.6% cap+3.6% more to the capTODAY · QQQ −6.5%Buffer workingQBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; Buffer working. Data to Nov 4, 2026.−15.0% floor0% start+3.6% cap8.5 of 15 pts of buffer left+3.6% more to the capTODAY · QQQ −6.5%

QBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; Buffer working. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QBQF costs 0.05 points a year less; NOCT is far larger, $314m against $13m.

Points (pts) are percentage points.

NOCT vs QBQF: Cap, Buffer & Days Left
MeasureNOCTQBQF
Return
Total return, 1 year+9.0%not published
Benchmark
What it tracksQQQQQQ
Cost and size
Expense ratio0.79%0.74%
Net assets, as of Nov 3, 2026$314m$13m
Holdings
Holdings in commonnot published
ETFIQ Downside Cover Score · QBQF scores higher If the market falls into a bear market from here, how much does the buffer absorb?
IQ Buffer Score14.6NOCT14.9QBQF

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it →

Method

Window by window

Window by window: NOCT vs QBQF: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowNOCTQBQFNOCTQBQF
3 months−1.0%−1.1%+2.6 pts+2.4 pts
6 months+1.9%−0.2%+2.4 pts+0.3 pts
1 year+9.0%–−2.7 pts–
3 years+44.2%–−44.0 pts–
Since launchNot the same days: NOCT Oct 2019 · QBQF Apr 2026+103.9%+2.4%−165.6 pts−16.1 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

NOCT Innovator Growth-100 Power Buffer ETF - Oct · Absorbs the first 15% of loss on QQQ and caps the gain at 18.7%, over a period ending Sep 30, 2027 QBQF AllianzIM Growth-100 Buffer15 ETF - Jan · Absorbs the first 15% of loss on QQQ and caps the gain at 3.6%, over a period ending Dec 31, 2026
Reference index QQQ QQQ
Buffer 15% 15%
Outcome period Sep 30, 2026 to Sep 30, 2027 Oct 1, 2026 to Dec 31, 2026
Days left 330 57
Starting cap +18.7% +3.6%
Can still gain 22.4% 4.6%
Fall before buffer 0.0% 0.0%
Protection left, index points 8.5% of 15.0% 8.5% of 15.0%
Index return this period −6.5% −6.5%
Fund return this period −3.1% −1.1%
State today Buffer working Buffer working
Expense ratio 0.79% 0.74%
Net assets, NOCT as of Nov 4, 2026 and QBQF as of Nov 3, 2026 $316m $13m

As of Nov 4, 2026. Source: ETFIQ.

They do not reset together. QBQF has 57 days of its period left and NOCT has 330, so the two are not the same bet on the same months.

Where each one stands today

QBQF resets first, on Dec 31, 2026, 57 days from now; NOCT runs to Sep 30, 2027, 330 days. NOCT can still gain 22.4% before its cap, QBQF 4.6%. A fall from here reaches NOCT’s buffer after 0.0% and QBQF’s after 0.0%. Both track QQQ, so what separates them is where each is in its own period.

Alert

NOCT flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
NOCT

From its price on Nov 4, 2026, the fund can gain about 22.4% more before it reaches its cap. Protection left, in index points: 8.5% of the 15.0% buffer still sits below today's QQQ level. 330 days remained on Nov 4, 2026. On Sep 30, 2027 the period ends and a new cap is set.

QBQF

From its price on Nov 4, 2026, the fund can gain about 4.6% more before it reaches its cap. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, NOCT or QBQF?
From their prices on Nov 4, 2026, NOCT can gain about 22.4% before its cap and QBQF about 4.6%, so NOCT has more room left this period.
Which resets first, NOCT or QBQF?
NOCT ends its outcome period on Sep 30, 2027 and QBQF on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, NOCT or QBQF?
NOCT charges 0.79% a year and QBQF charges 0.74%, so QBQF is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, NOCT against QBQF, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/noct-vs-qbqf

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.