Innovator U.S. Equity Ultra Buffer ETF October (UOCT) 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 UOCT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UOCT
UOCT charges 0.79% annually. There are 89 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | UOCT vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | UOCT vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | UOCT vs JANB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | UOCT vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | UOCT vs FBUF |
Best Risk-Adjusted Alternatives to UOCT
UOCT has a PortfoliosLab risk / return rank of 80. There are 147 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 | UOCT vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | UOCT vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | UOCT vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | UOCT vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | UOCT vs XBAP |
Top Performing UOCT Alternatives (YTD)
UOCT is at 5.12% YTD. There are 141 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 | UOCT vs NVDO | |
| FT Vest Emerging Markets Buffer ETF - March | 15.63% | — | Mar 2025 | UOCT vs TMAR | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.48% | — | Jan 2025 | UOCT vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.76% | 216.78M | Mar 2020 | UOCT vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.60% | 563.55M | Mar 2021 | UOCT vs QMAR |
Lowest Volatility Alternatives to UOCT
UOCT has 5.68% 1-year volatility. There are 122 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 | UOCT vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.21% | — | Apr 2025 | UOCT vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.29% | — | Apr 2025 | UOCT vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.37% | 19.60M | Apr 2025 | UOCT vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | UOCT vs MMAX |
Lowest Drawdown Alternatives to UOCT
UOCT has a 1-year max drawdown of -4.24%. There are 118 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 | UOCT vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | UOCT vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | UOCT vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | UOCT vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | UOCT vs CPSM |
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 $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 94 | 2.21% | 2.53B | Jun 2021 | UOCT vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 35 | 26.26% | 89.40M | Apr 2015 | UOCT vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 89 | 5.42% | 869.51M | Oct 2016 | UOCT vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 55 | 4.46% | 2.04B | Nov 2022 | UOCT vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 66 | 26.49% | 214.23M | Jul 2018 | UOCT vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 81 | 5.06% | 1.48B | Jan 2019 | UOCT vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.78% | 404.13M | Mar 2019 | UOCT vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 91 | 4.80% | 997.06M | Aug 2018 | UOCT vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 65 | 6.21% | 524.53M | Jan 2024 | UOCT vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 79 | 5.35% | 969.70M | Sep 2018 | UOCT vs POCT |
Often Compared With UOCT
Investors most often compare UOCT with PSFD, VOO, XMU.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare UOCT with Any Fund or Stock
Compare UOCT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UOCT with funds that move differently
Innovator U.S. Equity Ultra Buffer ETF October alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UOCT.
Explore UOCT Diversifiers