Which has more room to gain, NOCT or QBQV?

From their prices on Nov 4, 2026, NOCT can gain about 22.4% before its cap and QBQV about 11.4%, so NOCT has more room left this period.

Which resets first, NOCT or QBQV?

NOCT ends its outcome period on Sep 30, 2027 and QBQV on Dec 31, 2026. A new cap is set the day after each.

Which is cheaper, NOCT or QBQV?

NOCT charges 0.79% a year and QBQV charges 0.74%, so QBQV is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

NOCT vs QBQV: Cap, Buffer & Days Left

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

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Net assets: $316m on Nov 4, 2026 for Innovator Growth-100 Power Buffer ETF - Oct, and $52m on Nov 3, 2026 for AllianzIM Growth-100 Buffer5 ETF - Jan.

NOCT on its own →QBQV on its own →

At a glance

0.0%

NOCT can fall this far before its buffer

0.0%

QBQV can fall this far before its buffer

22.4%

NOCT can still gain

11.4%

QBQV can still gain

NOCT Buffer working

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

QBQV Buffer exhausted

QBQV: reference −6.5% since period start, fund −3.6%; buffer 0 to −5; cap +7.6%; Buffer exhausted. Data to Nov 4, 2026.

Pair scorecard

QBQV costs 0.05 points a year less; NOCT is 6.0 times larger.

Points (pts) are percentage points.

NOCT vs QBQV: Cap, Buffer & Days Left
Measure	NOCT	QBQV
Return
Measure	NOCT	QBQV
Total return, 1 year	+9.0%	not published
Benchmark
Measure	NOCT	QBQV
What it tracks	QQQ	QQQ
Cost and size
Measure	NOCT	QBQV
Expense ratio	0.79%	0.74%
Net assets, as of Nov 3, 2026	$314m	$52m
Holdings
Measure	NOCT	QBQV
Holdings in common	not published

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

IQ Buffer Score14.6NOCT0.3QBQV

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

NOCT 14.6

QBQV 0.3

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 QBQV: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	NOCT	QBQV	NOCT	QBQV
3 months	−1.0%	−2.8%	+2.6 pts	+0.7 pts
6 months	+1.9%	−2.3%	+2.4 pts	−1.7 pts
1 year	+9.0%	–	−2.7 pts	–
3 years	+44.2%	–	−44.0 pts	–
Since launchNot the same days: NOCT Oct 2019 · QBQV Apr 2026	+103.9%	+3.5%	−165.6 pts	−14.9 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 QBQV AllianzIM Growth-100 Buffer5 ETF - Jan · Absorbs the first 5% of loss on QQQ and caps the gain at 7.6%, over a period ending Dec 31, 2026

Issuer Innovator AllianzIM

Reference index QQQ QQQ

Buffer 15% 5%

Outcome period Sep 30, 2026 to Sep 30, 2027 Oct 1, 2026 to Dec 31, 2026

Days left 330 57

Starting cap +18.7% +7.6%

Can still gain 22.4% 11.4%

Fall before buffer 0.0% 0.0%

Protection left, index points 8.5% of 15.0% 0.0% of 5.0%

Index return this period −6.5% −6.5%

Fund return this period −3.1% −3.6%

State today Buffer working Buffer exhausted

Expense ratio 0.79% 0.74%

Net assets, NOCT as of Nov 4, 2026 and QBQV as of Nov 3, 2026 $316m $52m

As of Nov 4, 2026. Source: ETFIQ.

They do not reset together. QBQV 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

QBQV 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, QBQV 11.4%. A fall from here reaches NOCT’s buffer after 0.0% and QBQV’s after 0.0%. Both track QQQ, so what separates them is where each is in its own period.

Alert

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.

QBQV

From its price on Nov 4, 2026, the fund can gain about 11.4% more before it reaches its cap. Protection left, in index points: 0.0% of the 5.0% buffer still sits below today's QQQ level. 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 QBQV?: From their prices on Nov 4, 2026, NOCT can gain about 22.4% before its cap and QBQV about 11.4%, so NOCT has more room left this period.
Which resets first, NOCT or QBQV?: NOCT ends its outcome period on Sep 30, 2027 and QBQV on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, NOCT or QBQV?: NOCT charges 0.79% a year and QBQV charges 0.74%, so QBQV is cheaper. Fees come from each fund's prospectus.

Other comparisons

NOCT vs QBQF NOCT vs QBUF NOCT vs QSPT NOCT vs CPNS QBQV vs NJAN QBQV vs QBUF QBQV vs QDEC QBQV vs QSPT

Where to next

QQQ →NOCT on its own →QBQV on its own →Method →Standards and sources →

Sources and dates

NOCT filings on SEC EDGAR ↗

Innovator page for NOCT ↗

QBQV filings on SEC EDGAR ↗

AllianzIM page for QBQV ↗

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.

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

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