- Issuer
- Innovator
- Inception Date
- Sep 29, 2023
- Category
- Options Trading
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Assets Under Management
- $11M
Share Price Chart
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Performance
LOCT Performance Chart
Innovator Premium Income 15 Buffer ETF - October (LOCT) is up 2.6% since the beginning of the year. LOCT is currently trading at $24 per share.
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Returns By Period
Innovator Premium Income 15 Buffer ETF - October (LOCT) has returned 2.55% so far this year and 5.80% over the past 12 months.
Innovator Premium Income 15 Buffer ETF - October
- 1D
- 0.00%
- 1M
- 0.39%
- YTD
- 2.55%
- 6M
- 2.56%
- 1Y
- 5.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
LOCT Monthly Returns History
Based on dividend-adjusted daily data since Oct 2, 2023, LOCT's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, an investment would double in approximately 12.1 years.
Historically, 91% of months were positive and 9% were negative. The best month was Nov 2023 with a return of +2.0%, while the worst month was Mar 2026 at -0.5%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 1 months.
On a daily basis, LOCT closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +3.5%, while the worst single day was Apr 4, 2025 at -2.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.35% | 0.12% | -0.47% | 1.73% | 0.62% | 0.19% | 2.55% | ||||||
| 2025 | 0.57% | 0.09% | 0.04% | -0.11% | 1.36% | 0.73% | 0.43% | 0.38% | 0.38% | 0.36% | 0.49% | 0.70% | 5.56% |
| 2024 | 0.46% | 0.30% | 0.45% | 0.36% | 0.51% | 0.41% | 0.45% | 0.39% | 0.47% | -0.18% | 1.33% | 0.16% | 5.21% |
| 2023 | 0.20% | 1.97% | 0.67% | 2.86% |
Benchmark Metrics
Innovator Premium Income 15 Buffer ETF - October has an annualized alpha of 1.95%, beta of 0.18, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since October 02, 2023.
- This ETF captured 15.00% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -4.90%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.18 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
- 1.95%
- Beta
- 0.18
- R²
- 0.62
- Upside Capture
- 15.00%
- Downside Capture
- -4.90%
Expense Ratio
LOCT has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
LOCT ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator Premium Income 15 Buffer ETF - October (LOCT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LOCT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.37 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 4.74 | 2.78 | +1.96 |
| Martin ratioReturn relative to average drawdown | 25.31 | 12.44 | +12.87 |
Dividends
Dividend History
Innovator Premium Income 15 Buffer ETF - October provided a 5.13% dividend yield over the last twelve months, with an annual payout of $1.23 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.23 | $1.22 | $1.49 | $0.40 |
Dividend yield | 5.13% | 5.12% | 6.27% | 1.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Innovator Premium Income 15 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 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.00 | $0.51 | ||||||
| 2025 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.22 |
| 2024 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.10 | $0.10 | $0.10 | $1.49 |
| 2023 | $0.13 | $0.13 | $0.13 | $0.40 |
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 Premium Income 15 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 Premium Income 15 Buffer ETF - October was 4.69%, occurring on Apr 8, 2025. Recovery took 22 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -4.69%Apr 2025 | 13d | 1mo 1d | 1mo 14dMar 2025 - May 2025 |
2026 pullback2026 | -1.23%Mar 2026 | 1mo 2d | 9d | 1mo 11dFeb 2026 - Apr 2026 |
2025 selloff2025 | -0.95%Mar 2025 | 19d | 13d | 1mo 2dFeb 2025 - Mar 2025 |
2025 pullback2025 | -0.93%Nov 2025 | 23d | 6d | 29dOct 2025 - Nov 2025 |
2023 pullback2023 | -0.74%Oct 2023 | 15d | 5d | 20dOct 2023 - Nov 2023 |
Drawdown Indicators
| LOCT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.69% | -56.78% | +52.09% |
Max Drawdown (1Y)Largest decline over 1 year | -1.23% | -9.10% | +7.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -0.14% | -10.71% | +10.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 2.03% | -1.80% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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