HOCT vs. QFLR

Last updated Jun 4, 2026

HOCT (Innovator Premium Income 9 Buffer ETF - October) and QFLR (Innovator Nasdaq-100 Managed Floor ETF) are both exchange-traded funds - HOCT is a Options Trading fund actively managed by Innovator, while QFLR is a Nasdaq-100 fund actively managed by Innovator. Both are actively managed. HOCT charges 0.79%/yr vs 0.89%/yr for QFLR.

Performance

HOCT vs. QFLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 9 Buffer ETF - October (HOCT) and Innovator Nasdaq-100 Managed Floor ETF (QFLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HOCT

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

QFLR

• 1D: 0.01%
• 1M: 3.99%
• YTD: 6.90%
• 6M: 5.88%
• 1Y: 26.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOCT vs. QFLR - Yearly Performance Comparison

	2026 (YTD)
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%
QFLR Innovator Nasdaq-100 Managed Floor ETF	6.00%

Return for Risk

HOCT vs. QFLR — Risk / Return Rank

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

QFLR

QFLR Risk / Return Rank: 74
QFLR Sharpe Ratio Rank: 73
QFLR Sortino Ratio Rank: 71
QFLR Omega Ratio Rank: 74
QFLR Calmar Ratio Rank: 71
QFLR Martin Ratio Rank: 78

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. QFLR - 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 Nasdaq-100 Managed Floor ETF (QFLR). 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	QFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.40	—

Drawdowns

HOCT vs. QFLR - Drawdown Comparison

The maximum HOCT drawdown since its inception was 0.00%, smaller than the maximum QFLR drawdown of -13.97%. Use the drawdown chart below to compare losses from any high point for HOCT and QFLR.

Drawdown Indicators

	HOCT	QFLR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-13.97%	+13.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.61%	—
Current Drawdown Current decline from peak	0.00%	-0.48%	+0.48%
Average Drawdown Average peak-to-trough decline	0.00%	-2.50%	+2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.78%	—

Volatility

Volatility by Period

	HOCT	QFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	11.28%	-11.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	12.62%	-12.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	12.62%	-12.62%

HOCT vs. QFLR - Expense Ratio Comparison

HOCT has a 0.79% expense ratio, which is lower than QFLR's 0.89% expense ratio.

Dividends

HOCT vs. QFLR - Dividend Comparison

Neither HOCT nor QFLR has paid dividends to shareholders.

Position	TTM	2025	2024
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%	0.00%	0.00%
QFLR Innovator Nasdaq-100 Managed Floor ETF	0.00%	0.02%	0.03%

Frequently Asked Questions

Which ETF is better, HOCT or QFLR?

On fees, HOCT 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, HOCT or QFLR?

HOCT is cheaper with a 0.79% expense ratio, compared with 0.89% for QFLR.

Which ETF pays a higher dividend yield, HOCT or QFLR?

HOCT and QFLR have nearly identical dividend yields, around 0.00%.

What is the main difference between HOCT and QFLR?

HOCT is categorized as Options Trading, while QFLR is Nasdaq-100. Their fees differ too: 0.79% for HOCT and 0.89% for QFLR.