NOCT vs PIE

Comparison between Innovator Growth-100 Power Buffer ETF- October (NOCT, ETF) and INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF (PIE, ETF).

5-Year PerformanceNOCT has outperformed PIE, delivering a return of +10.2% compared to +7.0%

NOCT vs PIE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOCT(ETF)	PIE(ETF)
Net Assets	$239M	$238M
Expense Ratio	0.79%	0.90%
Max Drawdown	16.21%	73.06%
Sharpe Ratio	1.51	2.10
5Y Beta	0.59	0.85
5Y Dividends CAGR	N/A	12.90%

Net Assets

Winner

NOCT

$239M

PIE

$238M

Expense Ratio

Winner

NOCT

0.79%

PIE

0.90%

Max Drawdown

Winner

NOCT

16.21%

PIE

73.06%

Sharpe Ratio

NOCT

1.51

Winner

PIE

2.10

5Y Beta

Winner

NOCT

0.59

PIE

0.85

5Y Dividends CAGR

NOCT

N/A

PIE

12.90%

NOCT vs PIE - Historical Returns

Returns include dividend reinvestment.

Period	NOCT	PIE
1 month	+0.64%	+4.66%
3 months	+8.36%	+25.82%
6 months	+7.84%	+34.87%
1 year	+16.07%	+61.25%
5 years(CAGR)	+10.20%	+7.00%
10 years(CAGR)	N/A	+10.31%
Max(CAGR)	+11.10%	+2.92%

NOCT

+0.64%

Winner

PIE

+4.66%

NOCT

+8.36%

Winner

PIE

+25.82%

NOCT

+7.84%

Winner

PIE

+34.87%

NOCT

+16.07%

Winner

PIE

+61.25%

5Y(CAGR)

Winner

NOCT

+10.20%

PIE

+7.00%

10Y(CAGR)

NOCT

N/A

PIE

+10.31%

Max(CAGR)

Winner

NOCT

+11.10%

PIE

+2.92%

NOCT vs PIE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	NOCT	PIE
2026	+7.28%	+35.96%
2025	+12.87%	+25.76%
2024	+12.80%	+1.38%
2023	+31.10%	+12.56%
2022	-13.74%	-28.77%
2021	+13.11%	+12.85%
2020	+11.10%	+18.03%
2019	+5.54%	+25.13%
2018	N/A	-22.83%
2017	N/A	+41.02%
2016	N/A	+2.26%
2015	N/A	-13.21%
2014	N/A	-0.27%
2013	N/A	-2.46%
2012	N/A	+14.98%
2011	N/A	-13.39%
2010	N/A	+21.08%
2009	N/A	+53.15%
2008	N/A	-62.20%
2007	N/A	+0.56%

NOCT vs PIE Drawdown Comparison

The maximum drawdown for NOCT was -16.21%, occurring on Oct 14, 2022. Recovery took 351 trading sessions.

The maximum drawdown for PIE was -72.98%, occurring on Mar 2, 2009. Recovery took 3259 trading sessions.

The current NOCT drawdown is -0.64%. The current PIE drawdown is -1.96%.

Rank	NOCT	PIE
#1	-16.21% Jan 3, 2022 - May 26, 2023	-72.98% Jan 10, 2008 - Dec 18, 2020
#2	-13.59% Feb 13, 2020 - May 20, 2020	-40.31% Jul 15, 2021 - Jan 6, 2026
#3	-12.70% Feb 19, 2025 - Jun 2, 2025	-12.87% Feb 17, 2021 - Jun 1, 2021
#4	-5.84% Jan 27, 2026 - Apr 14, 2026	-9.87% Feb 27, 2026 - Apr 10, 2026
#5	-4.22% Oct 13, 2020 - Nov 5, 2020	-7.85% May 26, 2026 - Jun 5, 2026
#6	-3.90% Oct 11, 2023 - Nov 3, 2023	-6.90% May 11, 2026 - May 26, 2026
#7	-3.53% Oct 29, 2025 - Dec 23, 2025	-5.39% Jan 25, 2021 - Feb 2, 2021
#8	-3.29% Feb 12, 2021 - Apr 1, 2021	-4.89% Jan 28, 2026 - Feb 11, 2026
#9	-2.81% Jul 15, 2024 - Aug 14, 2024	-2.18% Apr 22, 2026 - Apr 24, 2026
#10	-2.39% Apr 15, 2021 - May 28, 2021	-1.92% Jun 1, 2021 - Jun 21, 2021
#11	-2.39% Nov 18, 2021 - Jan 3, 2022	-1.86% Jan 14, 2021 - Jan 19, 2021
#12	-2.18% Apr 11, 2024 - May 3, 2024	-1.85% Jul 7, 2021 - Jul 15, 2021
#13	-1.86% Dec 16, 2024 - Jan 21, 2025	-1.46% Dec 31, 2007 - Jan 7, 2008
#14	-1.80% Oct 8, 2025 - Oct 20, 2025	-1.37% May 6, 2026 - May 11, 2026
#15	-1.75% Jun 1, 2026 - Jun 10, 2026	-1.33% Jan 8, 2021 - Jan 14, 2021

Correlation

Correlation between NOCT and PIE is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68

-101

Dividend Comparison (2008 - 2026)

NOCT vs PIE dividend yield comparison.

Year	NOCT	PIE
2026	0.00%	0.08%
2025	0.00%	2.28%
2024	0.00%	2.33%
2023	0.00%	2.59%
2022	0.00%	3.45%
2021	0.00%	1.28%
2020	0.00%	1.32%
2019	1.07%	2.29%
2018	0.00%	3.32%
2017	0.00%	1.63%
2016	0.00%	1.48%
2015	0.00%	0.80%
2014	0.00%	0.53%
2013	0.00%	1.23%
2012	0.00%	0.68%
2011	0.00%	0.80%
2010	0.00%	0.34%
2009	0.00%	0.71%
2008	0.00%	0.67%