Innovator Premium Income 15 Buffer ETF - October (LOCT) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LOCT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LOCT
LOCT charges 0.79% annually. There are 54 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 140.25M | Oct 2023 | LOCT vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.58M | Jul 2025 | LOCT vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | LOCT vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.25M | Jan 2021 | LOCT vs ISWN | |
| PGIM US Large-Cap Buffer 12 ETF - February | 0.50% | — | Jan 2024 | LOCT vs FEBP |
Best Risk-Adjusted Alternatives to LOCT
LOCT has a PortfoliosLab risk / return rank of 94. There are 15 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | LOCT vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.26M | Mar 2023 | LOCT vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 190.94M | May 2020 | LOCT vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | LOCT vs PBAP | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 156.53M | Mar 2023 | LOCT vs XMAR |
Top Performing LOCT Alternatives (YTD)
LOCT is at 2.86% YTD. There are 127 ETFs in the Options Trading category with higher YTD returns, going as high as 97.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | LOCT vs AMDY | |
| Defiance R2000 Weekly Distribution ETF | 14.82% | 98.05M | Oct 2023 | LOCT vs IWMY | |
| YieldMax AAPL Option Income Strategy ETF | 14.78% | 124.97M | Apr 2023 | LOCT vs APLY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 14.37% | 190.88M | Sep 2023 | LOCT vs QQQY | |
| REX NVIDIA Growth & Income ETF | 13.29% | 106.68M | May 2025 | LOCT vs NVII |
Lowest Volatility Alternatives to LOCT
LOCT has 2.13% 1-year volatility. There are 5 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.27% | — | Mar 2024 | LOCT vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.55% | 668.40M | Aug 2013 | LOCT vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - April | 1.55% | 32.26M | Mar 2023 | LOCT vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | 1.57% | 13.64M | Jun 2023 | LOCT vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | LOCT vs XIMR |
Lowest Drawdown Alternatives to LOCT
LOCT has a 1-year max drawdown of -1.23%. There are 9 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | LOCT vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.26M | Mar 2023 | LOCT vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.64M | Jun 2023 | LOCT vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | LOCT vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 190.94M | May 2020 | LOCT vs APRW |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 6 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 | 96 | 2.78% | 2.68B | Jun 2021 | LOCT vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 20 | 10.34% | 89.40M | Apr 2015 | LOCT vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 89 | 6.20% | 891.58M | Oct 2016 | LOCT vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 55 | 5.31% | 2.12B | Nov 2022 | LOCT vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 50 | 17.46% | 221.95M | Jul 2018 | LOCT vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 83 | 5.95% | 1.47B | Jan 2019 | LOCT vs PJAN | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 11.99% | 22.82M | Apr 2021 | LOCT vs XTAP | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 11.52% | 404.39M | Mar 2019 | LOCT vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 5.43% | 1.12B | Aug 2018 | LOCT vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 48 | 3.53% | 543.68M | Jan 2024 | LOCT vs QFLR |
Often Compared With LOCT
Investors most often compare LOCT with KLIP, AAPR, QBUL. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LOCT with Any Fund or Stock
Compare LOCT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LOCT with funds that move differently
Innovator Premium Income 15 Buffer ETF - October alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LOCT.
Explore LOCT Diversifiers