FJUL vs. OCTQ

Last updated Jun 3, 2026

FJUL (FT Cboe Vest U.S. Equity Buffer ETF - July) and OCTQ (Innovator Premium Income 40 Barrier ETF - October) are both Options Trading funds. FJUL is passively managed, while OCTQ is actively managed. FJUL charges 0.85%/yr vs 0.79%/yr for OCTQ.

Performance

FJUL vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FJUL

• 1D: 0.01%
• 1M: 1.82%
• YTD: 5.89%
• 6M: 6.81%
• 1Y: 19.13%
• 3Y*: 16.43%
• 5Y*: 11.43%
• 10Y*: —

OCTQ

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

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

FJUL vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
FJUL FT Cboe Vest U.S. Equity Buffer ETF - July	5.00%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

FJUL vs. OCTQ - Sectors Allocation Comparison

Sectors	FJUL	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

FJUL vs. OCTQ — Risk / Return Rank

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

FJUL

FJUL Risk / Return Rank: 83
FJUL Sharpe Ratio Rank: 82
FJUL Sortino Ratio Rank: 85
FJUL Omega Ratio Rank: 86
FJUL Calmar Ratio Rank: 74
FJUL Martin Ratio Rank: 88

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.

FJUL vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL) 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.

	FJUL	OCTQ	Difference
Sharpe ratio Return per unit of total volatility	2.71	—	—
Sortino ratio Return per unit of downside risk	3.93	—	—
Omega ratio Gain probability vs. loss probability	1.54	—	—
Calmar ratio Return relative to maximum drawdown	3.80	—	—
Martin ratio Return relative to average drawdown	19.98	—	—
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

	FJUL	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	—	—

Drawdowns

FJUL vs. OCTQ - Drawdown Comparison

The maximum FJUL drawdown since its inception was -13.08%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FJUL and OCTQ.

Drawdown Indicators

	FJUL	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-13.08%	0.00%	-13.08%
Max Drawdown (1Y) Largest decline over 1 year	-5.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.08%	—	—
Current Drawdown Current decline from peak	-0.01%	0.00%	-0.01%
Average Drawdown Average peak-to-trough decline	-1.88%	0.00%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	—	—

Volatility

Volatility by Period

	FJUL	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.10%	0.00%	+7.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.95%	0.00%	+10.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.57%	0.00%	+10.57%

FJUL vs. OCTQ - Expense Ratio Comparison

FJUL has a 0.85% expense ratio, which is higher than OCTQ's 0.79% expense ratio.

Dividends

FJUL vs. OCTQ - Dividend Comparison

Neither FJUL nor OCTQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, FJUL or OCTQ?

On fees, OCTQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FJUL or OCTQ?

OCTQ is cheaper with a 0.79% expense ratio, compared with 0.85% for FJUL.

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

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

What is the main difference between FJUL and OCTQ?

They also come from different issuers: FT Vest and Innovator. Their fees differ too: 0.85% for FJUL and 0.79% for OCTQ.