PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BOCT vs. IVW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BOCTIVW
YTD Return12.84%35.04%
1Y Return19.39%43.79%
3Y Return (Ann)8.27%8.03%
5Y Return (Ann)11.22%17.95%
Sharpe Ratio3.462.60
Sortino Ratio5.173.34
Omega Ratio1.841.48
Calmar Ratio7.172.88
Martin Ratio39.0213.68
Ulcer Index0.50%3.20%
Daily Std Dev5.60%16.88%
Max Drawdown-24.54%-57.35%
Current Drawdown-0.25%-0.06%

Correlation

-0.50.00.51.00.9

The correlation between BOCT and IVW is 0.89, 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.

Performance

BOCT vs. IVW - Performance Comparison

In the year-to-date period, BOCT achieves a 12.84% return, which is significantly lower than IVW's 35.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.14%
18.83%
BOCT
IVW

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BOCT vs. IVW - Expense Ratio Comparison

BOCT has a 0.79% expense ratio, which is higher than IVW's 0.18% expense ratio.


BOCT
Innovator U.S. Equity Buffer ETF - October
Expense ratio chart for BOCT: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for IVW: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

BOCT vs. IVW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - October (BOCT) and iShares S&P 500 Growth ETF (IVW). 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.


BOCT
Sharpe ratio
The chart of Sharpe ratio for BOCT, currently valued at 3.46, compared to the broader market-2.000.002.004.006.003.46
Sortino ratio
The chart of Sortino ratio for BOCT, currently valued at 5.17, compared to the broader market-2.000.002.004.006.008.0010.0012.005.17
Omega ratio
The chart of Omega ratio for BOCT, currently valued at 1.84, compared to the broader market1.001.502.002.503.001.84
Calmar ratio
The chart of Calmar ratio for BOCT, currently valued at 7.17, compared to the broader market0.005.0010.0015.007.17
Martin ratio
The chart of Martin ratio for BOCT, currently valued at 39.02, compared to the broader market0.0020.0040.0060.0080.00100.0039.02
IVW
Sharpe ratio
The chart of Sharpe ratio for IVW, currently valued at 2.60, compared to the broader market-2.000.002.004.006.002.60
Sortino ratio
The chart of Sortino ratio for IVW, currently valued at 3.34, compared to the broader market-2.000.002.004.006.008.0010.0012.003.34
Omega ratio
The chart of Omega ratio for IVW, currently valued at 1.48, compared to the broader market1.001.502.002.503.001.48
Calmar ratio
The chart of Calmar ratio for IVW, currently valued at 2.88, compared to the broader market0.005.0010.0015.002.88
Martin ratio
The chart of Martin ratio for IVW, currently valued at 13.68, compared to the broader market0.0020.0040.0060.0080.00100.0013.68

BOCT vs. IVW - Sharpe Ratio Comparison

The current BOCT Sharpe Ratio is 3.46, which is higher than the IVW Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of BOCT and IVW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.004.50JuneJulyAugustSeptemberOctoberNovember
3.46
2.60
BOCT
IVW

Dividends

BOCT vs. IVW - Dividend Comparison

BOCT has not paid dividends to shareholders, while IVW's dividend yield for the trailing twelve months is around 0.51%.


TTM20232022202120202019201820172016201520142013
BOCT
Innovator U.S. Equity Buffer ETF - October
0.00%0.00%0.00%0.00%0.00%0.20%0.00%0.00%0.00%0.00%0.00%0.00%
IVW
iShares S&P 500 Growth ETF
0.51%1.03%0.89%0.46%0.82%1.63%1.28%1.30%1.51%1.51%1.37%1.45%

Drawdowns

BOCT vs. IVW - Drawdown Comparison

The maximum BOCT drawdown since its inception was -24.54%, smaller than the maximum IVW drawdown of -57.35%. Use the drawdown chart below to compare losses from any high point for BOCT and IVW. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.25%
-0.06%
BOCT
IVW

Volatility

BOCT vs. IVW - Volatility Comparison

The current volatility for Innovator U.S. Equity Buffer ETF - October (BOCT) is 2.60%, while iShares S&P 500 Growth ETF (IVW) has a volatility of 5.14%. This indicates that BOCT experiences smaller price fluctuations and is considered to be less risky than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.60%
5.14%
BOCT
IVW