AUGW vs. OCTQ

Last updated Jun 5, 2026

AUGW (AllianzIM U.S. Large Cap Buffer20 Aug ETF) and OCTQ (Innovator Premium Income 40 Barrier ETF - October) are both Options Trading funds. Both are actively managed. AUGW charges 0.74%/yr vs 0.79%/yr for OCTQ.

Performance

AUGW vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AUGW

• 1D: 0.09%
• 1M: 1.25%
• YTD: 4.26%
• 6M: 4.69%
• 1Y: 13.10%
• 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)

AUGW vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
AUGW AllianzIM U.S. Large Cap Buffer20 Aug ETF	3.56%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

AUGW vs. OCTQ - Sectors Allocation Comparison

Sectors	AUGW	OCTQ
Technology	36.2%	35.3%
Financial Services	11.9%	13.4%
Communication Services	10.9%	9.9%
Consumer Cyclical	10.1%	10.6%
Healthcare	8.4%	8.8%
Industrials	8.1%	7.8%
Consumer Defensive	4.9%	5.2%
Energy	3.5%	3.0%
Utilities	2.3%	2.5%
Real Estate	1.9%	2.0%
Basic Materials	1.8%	1.6%

Return for Risk

AUGW vs. OCTQ — Risk / Return Rank

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

AUGW

AUGW Risk / Return Rank: 88
AUGW Sharpe Ratio Rank: 86
AUGW Sortino Ratio Rank: 91
AUGW Omega Ratio Rank: 91
AUGW Calmar Ratio Rank: 80
AUGW Martin Ratio Rank: 92

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.

AUGW vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) 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.

	AUGW	OCTQ	Difference
Sharpe ratio: Return per unit of total volatility	2.81	—	—
Sortino ratio: Return per unit of downside risk	4.24	—	—
Omega ratio: Gain probability vs. loss probability	1.59	—	—
Calmar ratio: Return relative to maximum drawdown	4.11	—	—
Martin ratio: Return relative to average drawdown	22.30	—	—
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

	AUGW	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.68	—	—

Drawdowns

AUGW vs. OCTQ - Drawdown Comparison

The maximum AUGW drawdown since its inception was -8.76%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AUGW and OCTQ.

Drawdown Indicators

	AUGW	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-8.76%	0.00%	-8.76%
Max Drawdown (1Y) Largest decline over 1 year	-3.20%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.74%	0.00%	-0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.59%	—	—

Volatility

Volatility by Period

	AUGW	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.69%	0.00%	+4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.76%	0.00%	+6.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.76%	0.00%	+6.76%

AUGW vs. OCTQ - Expense Ratio Comparison

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

Dividends

AUGW vs. OCTQ - Dividend Comparison

Neither AUGW nor OCTQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, AUGW or OCTQ?

On fees, AUGW 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, AUGW or OCTQ?

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

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

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

What is the main difference between AUGW and OCTQ?

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