NOCT vs SMLV

Comparison between Innovator Growth-100 Power Buffer ETF- October (NOCT, ETF) and STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF (SMLV, ETF).

5-Year PerformanceNOCT has outperformed SMLV, delivering a return of +10.2% compared to +8.1%

NOCT vs SMLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOCT(ETF)	SMLV(ETF)
Net Assets	$237M	$237M
Expense Ratio	0.79%	0.12%
Max Drawdown	16.21%	42.87%
Sharpe Ratio	1.48	1.24
5Y Beta	0.59	0.75
P/E Ratio	N/A	25.55
Forward P/E	N/A	13.85
5Y Dividends CAGR	N/A	12.83%
5Y EPS CAGR	N/A	6.97%
Debt to Equity	N/A	61.67%
P/S Ratio	N/A	1.47
P/B Ratio	N/A	1.63

Net Assets

Winner

NOCT

$237M

SMLV

$237M

Expense Ratio

NOCT

0.79%

Winner

SMLV

0.12%

Max Drawdown

Winner

NOCT

16.21%

SMLV

42.87%

Sharpe Ratio

Winner

NOCT

1.48

SMLV

1.24

5Y Beta

Winner

NOCT

0.59

SMLV

0.75

P/E Ratio

NOCT

N/A

SMLV

25.55

Forward P/E

NOCT

N/A

SMLV

13.85

5Y Dividends CAGR

NOCT

N/A

SMLV

12.83%

5Y EPS CAGR

NOCT

N/A

SMLV

6.97%

Debt to Equity

NOCT

N/A

SMLV

61.67%

P/S Ratio

NOCT

N/A

SMLV

1.47

P/B Ratio

NOCT

N/A

SMLV

1.63

NOCT vs SMLV - Historical Returns

Returns include dividend reinvestment.

Period	NOCT	SMLV
1 month	+1.04%	+1.85%
3 months	+6.58%	+7.14%
6 months	+6.62%	+15.01%
1 year	+16.45%	+24.52%
5 years(CAGR)	+10.22%	+8.07%
10 years(CAGR)	N/A	+10.15%
Max(CAGR)	+11.04%	+10.67%

NOCT

+1.04%

Winner

SMLV

+1.85%

NOCT

+6.58%

Winner

SMLV

+7.14%

NOCT

+6.62%

Winner

SMLV

+15.01%

NOCT

+16.45%

Winner

SMLV

+24.52%

5Y(CAGR)

Winner

NOCT

+10.22%

SMLV

+8.07%

10Y(CAGR)

NOCT

N/A

SMLV

+10.15%

Max(CAGR)

Winner

NOCT

+11.04%

SMLV

+10.67%

NOCT vs SMLV - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	NOCT	SMLV
2026	+6.67%	+14.52%
2025	+12.87%	+6.66%
2024	+12.80%	+17.20%
2023	+31.10%	+7.45%
2022	-13.74%	-8.11%
2021	+13.11%	+29.84%
2020	+11.10%	-1.27%
2019	+5.54%	+23.87%
2018	N/A	-6.82%
2017	N/A	+4.97%
2016	N/A	+33.71%
2015	N/A	-0.90%
2014	N/A	+15.16%
2013	N/A	+23.62%

NOCT vs SMLV Drawdown Comparison

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

The maximum drawdown for SMLV was -42.43%, occurring on Mar 23, 2020. Recovery took 245 trading sessions.

The current NOCT drawdown is -1.21%.

Rank	NOCT	SMLV
#1	-16.21% Jan 3, 2022 - May 26, 2023	-42.43% Jan 16, 2020 - Jan 6, 2021
#2	-13.59% Feb 13, 2020 - May 20, 2020	-20.42% Nov 25, 2024 - Jan 12, 2026
#3	-12.70% Feb 19, 2025 - Jun 2, 2025	-18.95% Jan 4, 2022 - Jul 11, 2024
#4	-5.84% Jan 27, 2026 - Apr 14, 2026	-18.82% Aug 31, 2018 - Sep 13, 2019
#5	-4.22% Oct 13, 2020 - Nov 5, 2020	-14.30% Dec 1, 2015 - Apr 27, 2016
#6	-3.90% Oct 11, 2023 - Nov 3, 2023	-9.84% Apr 2, 2015 - Nov 27, 2015
#7	-3.53% Oct 29, 2025 - Dec 23, 2025	-8.94% Jul 26, 2024 - Sep 19, 2024
#8	-3.29% Feb 12, 2021 - Apr 1, 2021	-8.39% Nov 29, 2017 - May 25, 2018
#9	-2.81% Jul 15, 2024 - Aug 14, 2024	-7.34% Feb 6, 2026 - Apr 9, 2026
#10	-2.39% Apr 15, 2021 - May 28, 2021	-7.13% Sep 3, 2014 - Oct 29, 2014
#11	-2.39% Nov 18, 2021 - Jan 3, 2022	-7.06% Nov 5, 2021 - Jan 4, 2022
#12	-2.18% Apr 11, 2024 - May 3, 2024	-6.76% Mar 12, 2021 - Jun 8, 2021
#13	-1.86% Dec 16, 2024 - Jan 21, 2025	-6.75% Jun 8, 2021 - Oct 20, 2021
#14	-1.80% Oct 8, 2025 - Oct 20, 2025	-6.43% Jun 8, 2016 - Jul 11, 2016
#15	-1.73% Jan 26, 2021 - Feb 2, 2021	-6.29% Jan 4, 2017 - Apr 26, 2017

Correlation

Correlation between NOCT and SMLV is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2013 - 2026)

NOCT vs SMLV dividend yield comparison.

Year	NOCT	SMLV
2026	0.00%	0.48%
2025	0.00%	2.74%
2024	0.00%	2.68%
2023	0.00%	2.68%
2022	0.00%	2.40%
2021	0.00%	2.12%
2020	0.00%	2.47%
2019	1.07%	2.62%
2018	0.00%	3.15%
2017	0.00%	7.92%
2016	0.00%	3.04%
2015	0.00%	2.63%
2014	0.00%	2.76%
2013	0.00%	3.68%