AllianzIM U.S. Equity Buffer20 Oct ETF (OCTW) 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 OCTW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OCTW
OCTW charges 0.74% annually. There are 74 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | OCTW vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | OCTW vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | OCTW vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | OCTW vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | OCTW vs FBUF |
Best Risk-Adjusted Alternatives to OCTW
OCTW has a PortfoliosLab risk / return rank of 86. There are 131 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 | OCTW vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | OCTW vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | OCTW vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | OCTW vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | OCTW vs CPRA |
Top Performing OCTW Alternatives (YTD)
OCTW is at 5.74% YTD. There are 157 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 | OCTW vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 13.84% | 2.87M | Jun 2025 | OCTW vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.73% | — | Jan 2025 | OCTW vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.09% | 214.27M | Mar 2020 | OCTW vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 11.91% | 403.09M | Mar 2019 | OCTW vs BAPR |
Lowest Volatility Alternatives to OCTW
OCTW has 5.00% 1-year volatility. There are 93 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 | OCTW vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.33% | — | Apr 2025 | OCTW vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | OCTW vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | OCTW vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | OCTW vs MMAX |
Lowest Drawdown Alternatives to OCTW
OCTW has a 1-year max drawdown of -3.65%. There are 104 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 | OCTW vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | OCTW vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | OCTW vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | OCTW vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | OCTW vs CPSM |
Other ETFs from Allianz
The 10 most viewed Allianz ETFs shown here include APRW, APRT, AIOO and span 2 categories. AUM among these funds goes as high as $346M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | Options Trading | 98 | 7.14% | 199.47M | May 2020 | OCTW vs APRW | |
| AllianzIM U.S. Large Cap Buffer10 Apr ETF | Options Trading | 97 | 10.93% | 46.00M | May 2020 | OCTW vs APRT | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | Defined Outcome | 93 | 2.41% | — | Jun 2025 | OCTW vs AIOO | |
| Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ET... | Options Trading | 89 | 5.93% | 8.45M | Jan 2024 | OCTW vs FLJJ | |
| AllianzIM U.S. Large Cap Buffer20 Jan ETF | Options Trading | 88 | 5.25% | 346.48M | Dec 2020 | OCTW vs JANW | |
| Allianzim U.S. Equity Buffer15 Uncapped Apr ETF | Options Trading | 41 | 5.07% | — | Mar 2024 | OCTW vs ARLU | |
| Allianzim U.S. Large Cap Buffer10 Mar ETF | Options Trading | 89 | 8.98% | 30.44M | Feb 2023 | OCTW vs MART | |
| AllianzIM U.S. Large Cap Buffer10 Aug ETF | Options Trading | 84 | 7.98% | 29.82M | Jul 2023 | OCTW vs AUGT | |
| Allianzim U.S. Large Cap Buffer10 Nov ETF | Options Trading | 74 | 8.04% | 29.64M | Oct 2022 | OCTW vs NVBT | |
| Allianzim U.S. Large Cap Buffer10 Feb ETF | Options Trading | 84 | 8.57% | 158.42M | Feb 2023 | OCTW vs FEBT |
Often Compared With OCTW
Investors most often compare OCTW with PSEP, HELO, POCT. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare OCTW with Any Fund or Stock
Compare OCTW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OCTW with funds that move differently
AllianzIM U.S. Equity Buffer20 Oct ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OCTW.
Explore OCTW Diversifiers