Innovator Premium Income 40 Barrier ETF - October (OCTQ) 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 OCTQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OCTQ
OCTQ charges 0.79% annually. There are 53 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% | 137.24M | Oct 2023 | OCTQ vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | OCTQ vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | OCTQ vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - April | 0.50% | — | Mar 2024 | OCTQ vs PBAP | |
| JPMorgan Hedged Equity Laddered Overlay ETF | 0.50% | 4.13B | Sep 2023 | OCTQ vs HELO |
Best Risk-Adjusted Alternatives to OCTQ
Among 141 ETFs in the Options Trading category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | OCTQ vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | OCTQ vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | OCTQ vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | OCTQ vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | OCTQ vs APRP |
Top Performing OCTQ Alternatives (YTD)
Among 146 ETFs in the Options Trading category with YTD return data, the top-performing alternatives shown here go as high as 110.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 110.49% | 367.33M | Sep 2023 | OCTQ vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.07% | 189.73M | Sep 2023 | OCTQ vs QQQY | |
| LHA Market State Tactical Q ETF | 17.40% | 32.01M | Mar 2022 | OCTQ vs MSTQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 16.58% | 880.92M | Mar 2024 | OCTQ vs QDTE | |
| YieldMax NVDA Option Income Strategy ETF | 13.06% | 1.45B | May 2023 | OCTQ vs NVDY |
Lowest Volatility Alternatives to OCTQ
OCTQ has 0.00% 1-year volatility. No ETFs in the Options Trading category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | OCTQ vs XDOC | |
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | OCTQ vs APRD | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | OCTQ vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | OCTQ vs APRQ | |
| Innovator Premium Income 40 Barrier ETF - July | 0.00% | 6.82M | Jun 2023 | OCTQ vs JULQ |
Lowest Drawdown Alternatives to OCTQ
Among 141 ETFs in the Options Trading category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | OCTQ vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | OCTQ vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | OCTQ vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | OCTQ vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | OCTQ vs APRW |
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 $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 92 | 1.91% | 2.46B | Jun 2021 | OCTQ vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.11% | 89.40M | Apr 2015 | OCTQ vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 86 | 5.42% | 869.87M | Oct 2016 | OCTQ vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 64 | 5.55% | 2.00B | Nov 2022 | OCTQ vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 71 | 28.21% | 219.47M | Jul 2018 | OCTQ vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 79 | 5.13% | 1.52B | Jan 2019 | OCTQ vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.81% | 401.85M | Mar 2019 | OCTQ vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 4.74% | 1.00B | Aug 2018 | OCTQ vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 74 | 6.90% | 527.81M | Jan 2024 | OCTQ vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 5.33% | 1.02B | Sep 2018 | OCTQ vs POCT |
Often Compared With OCTQ
Investors most often compare OCTQ with DECW, DMAR, BSTP. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare OCTQ with Any Fund or Stock
Compare OCTQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OCTQ with funds that move differently
Innovator Premium Income 40 Barrier ETF - October alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OCTQ.
Explore OCTQ Diversifiers