HOCT vs. APRJ
HOCT (Innovator Premium Income 9 Buffer ETF - October) and APRJ (Innovator Premium Income 30 Barrier ETF - April) are both Options Trading funds from Innovator. Both are actively managed. Both charge a 0.79% expense ratio.
Performance
HOCT vs. APRJ - Performance Comparison
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Returns By Period
HOCT
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APRJ
- 1D
- -0.10%
- 1M
- 0.70%
- YTD
- 3.18%
- 6M
- 3.64%
- 1Y
- 6.91%
- 3Y*
- 6.35%
- 5Y*
- —
- 10Y*
- —
HOCT vs. APRJ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HOCT Innovator Premium Income 9 Buffer ETF - October | 0.00% |
APRJ Innovator Premium Income 30 Barrier ETF - April | 2.88% |
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Return for Risk
HOCT vs. APRJ — Risk / Return Rank
HOCT
APRJ
HOCT vs. APRJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 9 Buffer ETF - October (HOCT) and Innovator Premium Income 30 Barrier ETF - April (APRJ). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| HOCT | APRJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 4.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 1.80 | — |
Drawdowns
HOCT vs. APRJ - Drawdown Comparison
The maximum HOCT drawdown since its inception was 0.00%, smaller than the maximum APRJ drawdown of -4.68%. Use the drawdown chart below to compare losses from any high point for HOCT and APRJ.
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Drawdown Indicators
| HOCT | APRJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -4.68% | +4.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.20% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.68% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.12% | +0.12% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -0.12% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.07% | — |
Volatility
HOCT vs. APRJ - Volatility Comparison
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Volatility by Period
| HOCT | APRJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 1.50% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 3.63% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 3.63% | -3.63% |
HOCT vs. APRJ - Expense Ratio Comparison
Both HOCT and APRJ have an expense ratio of 0.79%.
Dividends
HOCT vs. APRJ - Dividend Comparison
HOCT has not paid dividends to shareholders, while APRJ's dividend yield for the trailing twelve months is around 5.27%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
APRJ Innovator Premium Income 30 Barrier ETF - April | 5.27% | 5.46% | 5.88% | 4.88% |
HOCT Innovator Premium Income 9 Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
HOCT and APRJ have the same expense ratio: 0.79% per year.
APRJ has the higher dividend yield at 5.27%, compared with 0.00% for HOCT.
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