APRQ vs. HOCT

Last updated Jun 3, 2026

APRQ (Innovator Premium Income 40 Barrier ETF - April) and HOCT (Innovator Premium Income 9 Buffer ETF - October) are both Options Trading funds from Innovator. Both are actively managed. Both charge a 0.79% expense ratio.

Performance

APRQ vs. HOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 40 Barrier ETF - April (APRQ) and Innovator Premium Income 9 Buffer ETF - October (HOCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

APRQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOCT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APRQ vs. HOCT - Yearly Performance Comparison

	2026 (YTD)
APRQ Innovator Premium Income 40 Barrier ETF - April	0.00%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%

Return for Risk

APRQ vs. HOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - April (APRQ) and Innovator Premium Income 9 Buffer ETF - October (HOCT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

APRQ vs. HOCT - Drawdown Comparison

The maximum APRQ drawdown since its inception was 0.00%, which is greater than HOCT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for APRQ and HOCT.

Drawdown Indicators

	APRQ	HOCT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	0.00%	0.00%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	0.00%	0.00%

Volatility

Volatility by Period

	APRQ	HOCT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	0.00%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	0.00%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	0.00%	0.00%

APRQ vs. HOCT - Expense Ratio Comparison

Both APRQ and HOCT have an expense ratio of 0.79%.

Dividends

APRQ vs. HOCT - Dividend Comparison

Neither APRQ nor HOCT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, APRQ or HOCT?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APRQ or HOCT?

APRQ and HOCT have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, APRQ or HOCT?

APRQ and HOCT have nearly identical dividend yields, around 0.00%.