AUGU vs. OCTQ

Last updated Jun 4, 2026

AUGU (AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF) and OCTQ (Innovator Premium Income 40 Barrier ETF - October) are both Options Trading funds. Both are actively managed. AUGU charges 0.74%/yr vs 0.79%/yr for OCTQ.

Performance

AUGU vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (AUGU) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AUGU

• 1D: -0.65%
• 1M: 4.64%
• YTD: 8.60%
• 6M: 8.31%
• 1Y: 21.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OCTQ

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

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

AUGU vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
AUGU AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF	7.67%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

Return for Risk

AUGU vs. OCTQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AUGU

AUGU Risk / Return Rank: 71
AUGU Sharpe Ratio Rank: 72
AUGU Sortino Ratio Rank: 74
AUGU Omega Ratio Rank: 70
AUGU Calmar Ratio Rank: 66
AUGU Martin Ratio Rank: 71

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.

AUGU vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (AUGU) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). 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.

	AUGU	OCTQ	Difference
Sharpe ratio: Return per unit of total volatility	2.32	—	—
Sortino ratio: Return per unit of downside risk	3.29	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.23	—	—
Martin ratio: Return relative to average drawdown	13.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AUGU	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.36	—	—

Drawdowns

AUGU vs. OCTQ - Drawdown Comparison

The maximum AUGU drawdown since its inception was -12.17%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AUGU and OCTQ.

Drawdown Indicators

	AUGU	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-12.17%	0.00%	-12.17%
Max Drawdown (1Y) Largest decline over 1 year	-6.72%	—	—
Current Drawdown Current decline from peak	-0.65%	0.00%	-0.65%
Average Drawdown Average peak-to-trough decline	-1.80%	0.00%	-1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	—	—

Volatility

Volatility by Period

	AUGU	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.36%	0.00%	+9.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.06%	0.00%	+11.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.06%	0.00%	+11.06%

AUGU vs. OCTQ - Expense Ratio Comparison

AUGU has a 0.74% expense ratio, which is lower than OCTQ's 0.79% expense ratio.

Dividends

AUGU vs. OCTQ - Dividend Comparison

Neither AUGU nor OCTQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, AUGU or OCTQ?

On fees, AUGU is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUGU or OCTQ?

AUGU is cheaper with a 0.74% expense ratio, compared with 0.79% for OCTQ.

Which ETF pays a higher dividend yield, AUGU or OCTQ?

AUGU and OCTQ have nearly identical dividend yields, around 0.00%.

What is the main difference between AUGU and OCTQ?

They also come from different issuers: Allianz and Innovator. Their fees differ too: 0.74% for AUGU and 0.79% for OCTQ.