DECW vs. XDOC

Last updated Jun 3, 2026

DECW (Allianzim U.S. Large Cap Buffer20 Dec ETF) and XDOC (Innovator U.S. Equity Accelerated ETF - October) are both Options Trading funds. Both are actively managed. DECW charges 0.74%/yr vs 0.79%/yr for XDOC.

Performance

DECW vs. XDOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allianzim U.S. Large Cap Buffer20 Dec ETF (DECW) and Innovator U.S. Equity Accelerated ETF - October (XDOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DECW

• 1D: 0.05%
• 1M: 1.80%
• YTD: 5.07%
• 6M: 5.78%
• 1Y: 15.70%
• 3Y*: 11.23%
• 5Y*: —
• 10Y*: —

XDOC

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

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

DECW vs. XDOC - Yearly Performance Comparison

	2026 (YTD)
DECW Allianzim U.S. Large Cap Buffer20 Dec ETF	4.36%
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%

DECW vs. XDOC - Sectors Allocation Comparison

Sectors	DECW	XDOC
Technology	36.2%	35.4%
Financial Services	11.9%	13.3%
Communication Services	10.9%	10.6%
Consumer Cyclical	10.1%	10.7%
Healthcare	8.4%	8.7%
Industrials	8.1%	7.5%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.0%
Utilities	2.3%	2.4%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.6%

Return for Risk

DECW vs. XDOC — Risk / Return Rank

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

DECW

DECW Risk / Return Rank: 86
DECW Sharpe Ratio Rank: 84
DECW Sortino Ratio Rank: 90
DECW Omega Ratio Rank: 89
DECW Calmar Ratio Rank: 79
DECW Martin Ratio Rank: 90

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.

DECW vs. XDOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allianzim U.S. Large Cap Buffer20 Dec ETF (DECW) and Innovator U.S. Equity Accelerated ETF - October (XDOC). 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.

	DECW	XDOC	Difference
Sharpe ratio Return per unit of total volatility	2.83	—	—
Sortino ratio Return per unit of downside risk	4.22	—	—
Omega ratio Gain probability vs. loss probability	1.58	—	—
Calmar ratio Return relative to maximum drawdown	4.11	—	—
Martin ratio Return relative to average drawdown	21.01	—	—
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

	DECW	XDOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	—	—

Drawdowns

DECW vs. XDOC - Drawdown Comparison

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

Drawdown Indicators

	DECW	XDOC	Difference
Max Drawdown Largest peak-to-trough decline	-8.76%	0.00%	-8.76%
Max Drawdown (1Y) Largest decline over 1 year	-3.86%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.76%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.87%	0.00%	-0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	—	—

Volatility

Volatility by Period

	DECW	XDOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	0.00%	+5.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.12%	0.00%	+7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.12%	0.00%	+7.12%

DECW vs. XDOC - Expense Ratio Comparison

DECW has a 0.74% expense ratio, which is lower than XDOC's 0.79% expense ratio.

Dividends

DECW vs. XDOC - Dividend Comparison

Neither DECW nor XDOC has paid dividends to shareholders.

Position	TTM	2025	2024
DECW Allianzim U.S. Large Cap Buffer20 Dec ETF	0.00%	0.00%	1.17%
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DECW or XDOC?

On fees, DECW 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, DECW or XDOC?

DECW is cheaper with a 0.74% expense ratio, compared with 0.79% for XDOC.

Which ETF pays a higher dividend yield, DECW or XDOC?

DECW and XDOC have nearly identical dividend yields, around 0.00%.

What is the main difference between DECW and XDOC?

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