BMAR vs. POCT

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - March (BMAR) and Innovator U.S. Equity Power Buffer ETF October (POCT).

BMAR and POCT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMAR is a passively managed fund by Innovator that tracks the performance of the S&P 500 Price Return Index. It was launched on Feb 28, 2020. POCT is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 15% Buffer Protect October Series Index. It was launched on Sep 28, 2018. Both BMAR and POCT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BMAR vs. POCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Buffer ETF - March (BMAR) and Innovator U.S. Equity Power Buffer ETF October (POCT). The values are adjusted to include any dividend payments, if applicable.

BMAR vs. POCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BMAR Innovator U.S. Equity Buffer ETF - March	-1.06%	14.97%	16.49%	23.09%	-7.06%	16.79%	10.88%
POCT Innovator U.S. Equity Power Buffer ETF October	-1.84%	11.00%	9.54%	20.12%	-1.26%	9.46%	11.86%

Returns By Period

In the year-to-date period, BMAR achieves a -1.06% return, which is significantly higher than POCT's -1.84% return.

BMAR

• 1D: 2.26%
• 1M: -3.51%
• YTD: -1.06%
• 6M: 1.73%
• 1Y: 15.27%
• 3Y*: 14.84%
• 5Y*: 10.86%
• 10Y*: —

POCT

• 1D: 1.72%
• 1M: -2.33%
• YTD: -1.84%
• 6M: 0.02%
• 1Y: 10.97%
• 3Y*: 10.87%
• 5Y*: 8.58%
• 10Y*: —

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

BMAR vs. POCT - Expense Ratio Comparison

Both BMAR and POCT have an expense ratio of 0.79%.

BMAR

Innovator U.S. Equity Buffer ETF - March

POCT

Innovator U.S. Equity Power Buffer ETF October

Return for Risk

BMAR vs. POCT — Risk / Return Rank

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

BMAR

BMAR Risk / Return Rank: 73
BMAR Sharpe Ratio Rank: 67
BMAR Sortino Ratio Rank: 71
BMAR Omega Ratio Rank: 79
BMAR Calmar Ratio Rank: 66
BMAR Martin Ratio Rank: 83

POCT

POCT Risk / Return Rank: 68
POCT Sharpe Ratio Rank: 62
POCT Sortino Ratio Rank: 64
POCT Omega Ratio Rank: 71
POCT Calmar Ratio Rank: 63
POCT Martin Ratio Rank: 79

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.

BMAR vs. POCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - March (BMAR) and Innovator U.S. Equity Power Buffer ETF October (POCT). 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.

	BMAR	POCT	Difference
Sharpe ratio Return per unit of total volatility	1.18	1.06	+0.12
Sortino ratio Return per unit of downside risk	1.78	1.61	+0.18
Omega ratio Gain probability vs. loss probability	1.30	1.26	+0.04
Calmar ratio Return relative to maximum drawdown	1.66	1.58	+0.08
Martin ratio Return relative to average drawdown	9.38	8.51	+0.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BMAR vs. POCT - Sharpe Ratio Comparison

The current BMAR Sharpe Ratio is 1.18, which is comparable to the POCT Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of BMAR and POCT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BMAR	POCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	1.06	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	1.09	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.79	+0.06

Correlation

The correlation between BMAR and POCT is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BMAR vs. POCT - Dividend Comparison

Neither BMAR nor POCT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
BMAR Innovator U.S. Equity Buffer ETF - March	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
POCT Innovator U.S. Equity Power Buffer ETF October	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.21%

Drawdowns

BMAR vs. POCT - Drawdown Comparison

The maximum BMAR drawdown since its inception was -21.43%, which is greater than POCT's maximum drawdown of -18.80%. Use the drawdown chart below to compare losses from any high point for BMAR and POCT.

Drawdown Indicators

	BMAR	POCT	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-18.80%	-2.63%
Max Drawdown (1Y) Largest decline over 1 year	-9.47%	-7.20%	-2.27%
Max Drawdown (5Y) Largest decline over 5 years	-15.02%	-10.22%	-4.80%
Current Drawdown Current decline from peak	-3.51%	-2.75%	-0.76%
Average Drawdown Average peak-to-trough decline	-2.40%	-1.53%	-0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	1.33%	+0.34%

Volatility

BMAR vs. POCT - Volatility Comparison

Innovator U.S. Equity Buffer ETF - March (BMAR) has a higher volatility of 4.15% compared to Innovator U.S. Equity Power Buffer ETF October (POCT) at 3.28%. This indicates that BMAR's price experiences larger fluctuations and is considered to be riskier than POCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMAR	POCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	3.28%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	5.88%	5.13%	+0.75%
Volatility (1Y) Calculated over the trailing 1-year period	12.98%	10.35%	+2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.32%	7.90%	+3.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.81%	10.31%	+3.50%