HOCT vs. SMYY

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Premium Income 9 Buffer ETF - October (HOCT) and GraniteShares YieldBOOST SMCI ETF (SMYY).

HOCT and SMYY 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. SMYY is managed by GraniteShares.

Performance

HOCT vs. SMYY - Performance Comparison

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

HOCT vs. SMYY - Yearly Performance Comparison

	2026 (YTD)
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%
SMYY GraniteShares YieldBOOST SMCI ETF	-8.74%

Returns By Period

HOCT

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

SMYY

• 1D: 2.49%
• 1M: -5.82%
• YTD: -3.06%
• 6M: -29.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOCT vs. SMYY - Expense Ratio Comparison

HOCT has a 0.79% expense ratio, which is lower than SMYY's 1.07% expense ratio.

SMYY

GraniteShares YieldBOOST SMCI ETF

HOCT

Innovator Premium Income 9 Buffer ETF - October

Return for Risk

HOCT vs. SMYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 9 Buffer ETF - October (HOCT) and GraniteShares YieldBOOST SMCI ETF (SMYY). 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	SMYY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-1.45	—

Dividends

HOCT vs. SMYY - Dividend Comparison

HOCT has not paid dividends to shareholders, while SMYY's dividend yield for the trailing twelve months is around 117.41%.

	TTM	2025
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%	0.00%
SMYY GraniteShares YieldBOOST SMCI ETF	117.41%	53.33%

Drawdowns

HOCT vs. SMYY - Drawdown Comparison

The maximum HOCT drawdown since its inception was 0.00%, smaller than the maximum SMYY drawdown of -36.84%. Use the drawdown chart below to compare losses from any high point for HOCT and SMYY.

Drawdown Indicators

	HOCT	SMYY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-36.84%	+36.84%
Current Drawdown Current decline from peak	0.00%	-35.26%	+35.26%
Average Drawdown Average peak-to-trough decline	0.00%	-23.05%	+23.05%

Volatility

Volatility by Period

	HOCT	SMYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	35.19%	-35.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	35.19%	-35.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	35.19%	-35.19%