HOCT vs. DJUL

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Premium Income 9 Buffer ETF - October (HOCT) and FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL).

HOCT and DJUL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOCT is an actively managed fund by Innovator. It was launched on Sep 29, 2023. DJUL is a passively managed fund by FT Vest that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect July Series Index. It was launched on Jul 16, 2020.

Performance

HOCT vs. DJUL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 9 Buffer ETF - October (HOCT) and FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL). The values are adjusted to include any dividend payments, if applicable.

HOCT vs. DJUL - Yearly Performance Comparison

	2026 (YTD)
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%
DJUL FT Cboe Vest U.S. Equity Deep Buffer ETF - July	-2.51%

Returns By Period

HOCT

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

DJUL

• 1D: 1.53%
• 1M: -2.40%
• YTD: -1.74%
• 6M: 0.10%
• 1Y: 14.28%
• 3Y*: 13.06%
• 5Y*: 7.68%
• 10Y*: —

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

HOCT vs. DJUL - Expense Ratio Comparison

HOCT has a 0.79% expense ratio, which is lower than DJUL's 0.85% expense ratio.

DJUL

FT Cboe Vest U.S. Equity Deep Buffer ETF - July

HOCT

Innovator Premium Income 9 Buffer ETF - October

Return for Risk

HOCT vs. DJUL — Risk / Return Rank

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

DJUL

DJUL Risk / Return Rank: 81
DJUL Sharpe Ratio Rank: 76
DJUL Sortino Ratio Rank: 80
DJUL Omega Ratio Rank: 86
DJUL Calmar Ratio Rank: 76
DJUL Martin Ratio Rank: 87

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.

HOCT vs. DJUL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 9 Buffer ETF - October (HOCT) and FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL). 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.

Sharpe Ratios by Period

	HOCT	DJUL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.98	—

Dividends

HOCT vs. DJUL - Dividend Comparison

Neither HOCT nor DJUL has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

HOCT vs. DJUL - Drawdown Comparison

The maximum HOCT drawdown since its inception was 0.00%, smaller than the maximum DJUL drawdown of -12.54%. Use the drawdown chart below to compare losses from any high point for HOCT and DJUL.

Drawdown Indicators

	HOCT	DJUL	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-12.54%	+12.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.54%	—
Current Drawdown Current decline from peak	0.00%	-2.79%	+2.79%
Average Drawdown Average peak-to-trough decline	0.00%	-2.05%	+2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.36%	—

Volatility

Volatility by Period

	HOCT	DJUL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	10.00%	-10.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	8.35%	-8.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	8.02%	-8.02%