- ISIN
- US45782C7719
- CUSIP
- 45782C771
- Issuer
- Innovator
- Inception Date
- Sep 28, 2018
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Price Return Index
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $300M
Share Price Chart
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Performance
BOCT Performance Chart
Innovator U.S. Equity Buffer ETF October (BOCT) is up 7.3% since the beginning of the year. BOCT is currently trading at $53 per share. Investors who bought $1,000 worth of BOCT shares 5 years ago would now be looking at an investment worth $1,660.
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Returns By Period
Innovator U.S. Equity Buffer ETF October (BOCT) has returned 7.34% so far this year and 20.96% over the past 12 months.
Innovator U.S. Equity Buffer ETF October
- 1D
- 0.04%
- 1M
- 2.79%
- YTD
- 7.34%
- 6M
- 8.06%
- 1Y
- 20.96%
- 3Y*
- 14.64%
- 5Y*
- 10.67%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
BOCT Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2018, BOCT's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 71% of months were positive and 29% were negative. The best month was Apr 2020 with a return of +9.5%, while the worst month was Mar 2020 at -8.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, BOCT closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +7.0%, while the worst single day was Mar 16, 2020 at -11.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.93% | -0.39% | -3.43% | 7.37% | 2.81% | 0.15% | 7.34% | ||||||
| 2025 | 1.88% | -0.67% | -3.90% | -0.45% | 4.57% | 3.86% | 1.72% | 1.78% | 2.91% | 1.03% | 0.44% | 0.59% | 14.34% |
| 2024 | 1.28% | 2.49% | 1.35% | -0.95% | 2.56% | 1.12% | 0.62% | 0.89% | 0.58% | -0.57% | 3.72% | -1.27% | 12.36% |
| 2023 | 5.10% | -1.58% | 2.91% | 1.37% | 0.72% | 5.42% | 2.00% | 0.02% | -4.37% | -1.48% | 6.80% | 3.00% | 21.13% |
| 2022 | -2.43% | -1.55% | 2.52% | -6.26% | 0.58% | -5.17% | 5.73% | -1.40% | -5.77% | 5.23% | 4.15% | -3.08% | -8.14% |
| 2021 | -1.19% | 1.91% | 3.10% | 1.65% | 0.84% | 0.84% | 0.42% | 0.48% | 0.34% | 3.98% | -0.86% | 2.67% | 14.97% |
Benchmark Metrics
Innovator U.S. Equity Buffer ETF October has an annualized alpha of 1.43%, beta of 0.67, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since October 02, 2018.
- This ETF participated in 63.96% of S&P 500 Index downside but only 61.54% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.67 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.43%
- Beta
- 0.67
- R²
- 0.91
- Upside Capture
- 61.54%
- Downside Capture
- 63.96%
Expense Ratio
BOCT has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BOCT ranks 77 for risk / return — better than 77% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF October (BOCT) and compare them to S&P 500 Index.
| BOCT | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.57 | 2.39 | +0.19 |
Sortino ratioReturn per unit of downside risk | 3.61 | 3.25 | +0.35 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.43 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 3.46 | 3.11 | +0.34 |
Martin ratioReturn relative to average drawdown | 16.62 | 14.38 | +2.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Innovator U.S. Equity Buffer ETF October provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Innovator U.S. Equity Buffer ETF October. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator U.S. Equity Buffer ETF October. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator U.S. Equity Buffer ETF October was 24.54%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -24.54%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -14.29%Jun 2022 | 5mo 12d | 11mo 14d | 1y 4moJan 2022 - May 2023 |
2025 selloff2025 | -13.61%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -13.60%Dec 2018 | 2mo 22d | 3mo 19d | 6mo 11dOct 2018 - Apr 2019 |
2023 pullback2023 | -7.44%Oct 2023 | 1mo 12d | 26d | 2mo 8dSep 2023 - Nov 2023 |
Drawdown Indicators
| BOCT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.54% | -56.78% | +32.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -9.10% | +3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -13.61% | -18.90% | +5.29% |
Max Drawdown (5Y)Largest decline over 5 years | -14.29% | -25.43% | +11.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.60% | -10.72% | +8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 1.97% | -0.71% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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