- ISIN
- US45782C8212
- CUSIP
- 45782C821
- Issuer
- Innovator
- Inception Date
- Sep 28, 2018
- Region
- North America (U.S.)
- Category
- Defined Outcome
- 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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.71% | -0.18% | -2.56% | 5.18% | 2.09% | -0.05% | 5.12% | ||||||
| 2025 | 1.48% | -0.48% | -3.03% | -0.14% | 3.65% | 2.86% | 1.63% | 1.37% | 1.43% | 0.75% | 0.26% | 0.57% | 10.67% |
| 2024 | 0.90% | 1.87% | 0.97% | -0.49% | 1.71% | 0.75% | 0.58% | 0.65% | 0.37% | -0.20% | 2.39% | -0.82% | 8.98% |
| 2023 | 3.48% | -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
- R²
- 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.
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.
| UOCT | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 |
2025 selloff2025 | -9.21%Apr 2025 | 1mo 17d | 2mo 3d | 3mo 20dFeb 2025 - Jun 2025 |
Bear market2022 | -8.67%Oct 2022 | 9mo 10d | 5mo 23d | 1y 2moJan 2022 - Apr 2023 |
Rate-hike selloffLate 2018 | -7.72%Dec 2018 | 2mo 22d | 3mo 19d | 6mo 11dOct 2018 - Apr 2019 |
2019 pullback2019 | -5.05%Aug 2019 | 25d | 3mo 6d | 4mo 1dJul 2019 - Nov 2019 |
Drawdown Indicators
| UOCT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.21% | -1.80% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -1.52% | -10.71% | +9.19% |
Ulcer IndexDepth 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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