Innovator U.S. Equity Buffer ETF October (BOCT) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BOCT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BOCT
BOCT charges 0.79% annually. There are 89 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | BOCT vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | BOCT vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | BOCT vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | BOCT vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | BOCT vs FBUF |
Best Risk-Adjusted Alternatives to BOCT
BOCT has a PortfoliosLab risk / return rank of 74. There are 160 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | BOCT vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | BOCT vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | BOCT vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | BOCT vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | BOCT vs XBAP |
Top Performing BOCT Alternatives (YTD)
BOCT is at 6.25% YTD. There are 66 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | BOCT vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.02% | — | Jan 2025 | BOCT vs KFEB | |
| FT Vest Emerging Markets Buffer ETF - March | 12.46% | — | Mar 2025 | BOCT vs TMAR | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.34% | 216.78M | Mar 2020 | BOCT vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 11.40% | 563.55M | Mar 2021 | BOCT vs QMAR |
Lowest Volatility Alternatives to BOCT
BOCT has 8.40% 1-year volatility. There are 221 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | BOCT vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.22% | — | Apr 2025 | BOCT vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | BOCT vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | BOCT vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.43% | — | Mar 2025 | BOCT vs MMAX |
Lowest Drawdown Alternatives to BOCT
BOCT has a 1-year max drawdown of -6.09%. There are 184 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | BOCT vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | BOCT vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | BOCT vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | BOCT vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | BOCT vs CPSM |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 5 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 94 | 2.21% | 2.53B | Jun 2021 | BOCT vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.94% | 89.40M | Apr 2015 | BOCT vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 85 | 4.91% | 869.51M | Oct 2016 | BOCT vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 49 | 3.43% | 2.04B | Nov 2022 | BOCT vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 60 | 21.99% | 214.23M | Jul 2018 | BOCT vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 77 | 4.57% | 1.48B | Jan 2019 | BOCT vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.04% | 404.13M | Mar 2019 | BOCT vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 90 | 4.80% | 997.06M | Aug 2018 | BOCT vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 54 | 3.27% | 524.53M | Jan 2024 | BOCT vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 74 | 4.83% | 969.70M | Sep 2018 | BOCT vs POCT |
Often Compared With BOCT
Investors most often compare BOCT with SPY, IVW, SCHG. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare BOCT with Any Fund or Stock
Compare BOCT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BOCT with funds that move differently
Innovator U.S. Equity Buffer ETF October alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BOCT.
Explore BOCT Diversifiers