HOCT vs. IVVB

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Premium Income 9 Buffer ETF - October (HOCT) and iShares Large Cap Deep Buffer ETF (IVVB).

HOCT and IVVB 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. IVVB is an actively managed fund by iShares. It was launched on Jun 28, 2023.

Performance

HOCT vs. IVVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 9 Buffer ETF - October (HOCT) and iShares Large Cap Deep Buffer ETF (IVVB). The values are adjusted to include any dividend payments, if applicable.

HOCT vs. IVVB - Yearly Performance Comparison

	2026 (YTD)
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%
IVVB iShares Large Cap Deep Buffer ETF	-4.42%

Returns By Period

HOCT

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

IVVB

• 1D: 1.06%
• 1M: -3.96%
• YTD: -3.11%
• 6M: -0.88%
• 1Y: 10.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOCT vs. IVVB - Expense Ratio Comparison

HOCT has a 0.79% expense ratio, which is higher than IVVB's 0.50% expense ratio.

HOCT

Innovator Premium Income 9 Buffer ETF - October

IVVB

iShares Large Cap Deep Buffer ETF

Return for Risk

HOCT vs. IVVB — Risk / Return Rank

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

IVVB

IVVB Risk / Return Rank: 63
IVVB Sharpe Ratio Rank: 59
IVVB Sortino Ratio Rank: 60
IVVB Omega Ratio Rank: 62
IVVB Calmar Ratio Rank: 64
IVVB Martin Ratio Rank: 72

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. IVVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 9 Buffer ETF - October (HOCT) and iShares Large Cap Deep Buffer ETF (IVVB). 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	IVVB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.04	—

Dividends

HOCT vs. IVVB - Dividend Comparison

HOCT has not paid dividends to shareholders, while IVVB's dividend yield for the trailing twelve months is around 1.26%.

	TTM	2025	2024
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%	0.00%	0.00%
IVVB iShares Large Cap Deep Buffer ETF	1.26%	1.22%	0.87%

Drawdowns

HOCT vs. IVVB - Drawdown Comparison

The maximum HOCT drawdown since its inception was 0.00%, smaller than the maximum IVVB drawdown of -13.08%. Use the drawdown chart below to compare losses from any high point for HOCT and IVVB.

Drawdown Indicators

	HOCT	IVVB	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-13.08%	+13.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.90%	—
Current Drawdown Current decline from peak	0.00%	-4.75%	+4.75%
Average Drawdown Average peak-to-trough decline	0.00%	-1.66%	+1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.51%	—

Volatility

Volatility by Period

	HOCT	IVVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	10.63%	-10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	9.47%	-9.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	9.47%	-9.47%