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ISIN
US45782C8212
CUSIP
45782C821
Issuer
Innovator
Inception Date
Sep 28, 2018
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
S&P 500 Index
Domicile
United States
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$178M

Share Price Chart


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Performance

UOCT Performance Chart

Innovator U.S. Equity Ultra Buffer ETF October (UOCT) is up 5.1% since the beginning of the year. UOCT is currently trading at $41 per share. Investors who bought $1,000 worth of UOCT shares 5 years ago would now be looking at an investment worth $1,484.


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S&P 500 Index

Returns By Period

Innovator U.S. Equity Ultra Buffer ETF October (UOCT) has returned 5.12% so far this year and 14.04% over the past 12 months.


Innovator U.S. Equity Ultra Buffer ETF October

1D
0.00%
1M
0.61%
YTD
5.12%
6M
5.12%
1Y
14.04%
3Y*
11.35%
5Y*
8.22%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UOCT Monthly Returns History

Based on dividend-adjusted daily data since Oct 1, 2018, UOCT's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +5.3%, while the worst month was Mar 2020 at -5.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, UOCT closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +4.1%, while the worst single day was Mar 16, 2020 at -4.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.71%-0.18%-2.56%5.18%2.09%-0.05%5.12%
20251.48%-0.48%-3.03%-0.14%3.65%2.86%1.63%1.37%1.43%0.75%0.26%0.57%10.67%
20240.90%1.87%0.97%-0.49%1.71%0.75%0.58%0.65%0.37%-0.20%2.39%-0.82%8.98%
20233.48%-0.73%1.79%1.28%1.02%2.35%0.86%0.68%0.63%-1.02%5.03%2.02%18.66%
2022-1.07%-0.97%1.32%-3.28%-0.01%-3.64%2.76%-2.29%-0.85%2.82%2.52%-1.45%-4.33%
2021-1.04%0.73%1.56%0.64%0.31%0.67%0.09%0.36%-0.25%1.94%-0.55%1.24%5.83%

Benchmark Metrics

Innovator U.S. Equity Ultra Buffer ETF October has an annualized alpha of 2.25%, beta of 0.35, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since October 01, 2018.

  • This ETF participated in 37.45% of S&P 500 Index downside but only 35.97% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF generated an annualized alpha of 2.25% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • Beta of 0.35 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
2.25%
Beta
0.35
0.84
Upside Capture
35.97%
Downside Capture
37.45%

Expense Ratio

UOCT has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

UOCT ranks 80 for risk / return — in the top 80% 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.


UOCT Risk / Return Rank: 8080
Overall Rank
UOCT Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
UOCT Sortino Ratio Rank: 8383
Sortino Ratio Rank
UOCT Omega Ratio Rank: 8585
Omega Ratio Rank
UOCT Calmar Ratio Rank: 6969
Calmar Ratio Rank
UOCT Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF October (UOCT) 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.


UOCTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.46

Sortino ratioReturn per unit of downside risk

+0.74

Omega ratioGain probability vs. loss probability

1.49

1.37

+0.12

Calmar ratioReturn relative to maximum drawdown

3.33

2.78

+0.54

Martin ratioReturn relative to average drawdown

16.21

12.44

+3.77

Dividends

Dividend History

Innovator U.S. Equity Ultra Buffer ETF October provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.602019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
Dividend$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.58

Dividend yield

0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.33%

Monthly Dividends

The table displays the monthly dividend distributions for Innovator U.S. Equity Ultra Buffer ETF October. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

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 U.S. Equity Ultra 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 U.S. Equity Ultra Buffer ETF October was 13.68%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.

The current Innovator U.S. Equity Ultra Buffer ETF October drawdown is 0.21%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-13.68%Mar 2020
1mo 2d3mo 29d
5mo 1dFeb 2020 - Jul 2020
2025 selloff2025
-9.21%Apr 2025
1mo 17d2mo 3d
3mo 20dFeb 2025 - Jun 2025
Bear market2022
-8.67%Oct 2022
9mo 10d5mo 23d
1y 2moJan 2022 - Apr 2023
Rate-hike selloffLate 2018
-7.72%Dec 2018
2mo 22d3mo 19d
6mo 11dOct 2018 - Apr 2019
2019 pullback2019
-5.05%Aug 2019
25d3mo 6d
4mo 1dJul 2019 - Nov 2019

Drawdown Indicators


UOCTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-13.68%

-56.78%

+43.10%

Max Drawdown (1Y)

Largest decline over 1 year

-4.24%

-9.10%

+4.86%

Max Drawdown (3Y)

Largest decline over 3 years

-9.21%

-18.90%

+9.69%

Max Drawdown (5Y)

Largest decline over 5 years

-9.21%

-25.43%

+16.22%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.21%

-1.80%

+1.59%

Average Drawdown

Average peak-to-trough decline

-1.52%

-10.71%

+9.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.87%

2.03%

-1.16%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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