IOCT vs. SFLR

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator International Developed Power Buffer ETF- October (IOCT) and Innovator Equity Managed Floor ETF (SFLR).

IOCT and SFLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IOCT is an actively managed fund by Innovator. It was launched on Sep 30, 2021. SFLR is an actively managed fund by Innovator. It was launched on Nov 8, 2022.

Performance

IOCT vs. SFLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Power Buffer ETF- October (IOCT) and Innovator Equity Managed Floor ETF (SFLR). The values are adjusted to include any dividend payments, if applicable.

IOCT vs. SFLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IOCT Innovator International Developed Power Buffer ETF- October	0.55%	18.96%	4.88%	17.54%	5.13%
SFLR Innovator Equity Managed Floor ETF	-3.85%	13.29%	19.99%	21.20%	1.38%

Returns By Period

In the year-to-date period, IOCT achieves a 0.55% return, which is significantly higher than SFLR's -3.85% return.

IOCT

• 1D: 1.79%
• 1M: -3.76%
• YTD: 0.55%
• 6M: 2.58%
• 1Y: 14.36%
• 3Y*: 11.57%
• 5Y*: —
• 10Y*: —

SFLR

• 1D: 1.67%
• 1M: -3.82%
• YTD: -3.85%
• 6M: -1.57%
• 1Y: 13.21%
• 3Y*: 14.18%
• 5Y*: —
• 10Y*: —

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

IOCT vs. SFLR - Expense Ratio Comparison

IOCT has a 0.85% expense ratio, which is lower than SFLR's 0.89% expense ratio.

SFLR

Innovator Equity Managed Floor ETF

IOCT

Innovator International Developed Power Buffer ETF- October

Return for Risk

IOCT vs. SFLR — Risk / Return Rank

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

IOCT

IOCT Risk / Return Rank: 77
IOCT Sharpe Ratio Rank: 76
IOCT Sortino Ratio Rank: 77
IOCT Omega Ratio Rank: 72
IOCT Calmar Ratio Rank: 82
IOCT Martin Ratio Rank: 78

SFLR

SFLR Risk / Return Rank: 72
SFLR Sharpe Ratio Rank: 71
SFLR Sortino Ratio Rank: 69
SFLR Omega Ratio Rank: 69
SFLR Calmar Ratio Rank: 77
SFLR Martin Ratio Rank: 76

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.

IOCT vs. SFLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Power Buffer ETF- October (IOCT) and Innovator Equity Managed Floor ETF (SFLR). 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.

	IOCT	SFLR	Difference
Sharpe ratio Return per unit of total volatility	1.41	1.23	+0.19
Sortino ratio Return per unit of downside risk	2.02	1.71	+0.31
Omega ratio Gain probability vs. loss probability	1.27	1.25	+0.02
Calmar ratio Return relative to maximum drawdown	2.38	1.99	+0.39
Martin ratio Return relative to average drawdown	8.65	7.91	+0.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IOCT vs. SFLR - Sharpe Ratio Comparison

The current IOCT Sharpe Ratio is 1.41, which is comparable to the SFLR Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of IOCT and SFLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IOCT	SFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	1.23	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.47	-0.64

Correlation

The correlation between IOCT and SFLR is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IOCT vs. SFLR - Dividend Comparison

IOCT has not paid dividends to shareholders, while SFLR's dividend yield for the trailing twelve months is around 0.35%.

	TTM	2025	2024	2023	2022
IOCT Innovator International Developed Power Buffer ETF- October	0.00%	0.00%	0.00%	0.00%	0.00%
SFLR Innovator Equity Managed Floor ETF	0.35%	0.33%	0.42%	1.16%	0.06%

Drawdowns

IOCT vs. SFLR - Drawdown Comparison

The maximum IOCT drawdown since its inception was -16.94%, which is greater than SFLR's maximum drawdown of -12.13%. Use the drawdown chart below to compare losses from any high point for IOCT and SFLR.

Drawdown Indicators

	IOCT	SFLR	Difference
Max Drawdown Largest peak-to-trough decline	-16.94%	-12.13%	-4.81%
Max Drawdown (1Y) Largest decline over 1 year	-5.84%	-6.79%	+0.95%
Current Drawdown Current decline from peak	-3.97%	-5.24%	+1.27%
Average Drawdown Average peak-to-trough decline	-2.73%	-1.76%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	1.71%	-0.10%

Volatility

IOCT vs. SFLR - Volatility Comparison

Innovator International Developed Power Buffer ETF- October (IOCT) has a higher volatility of 4.41% compared to Innovator Equity Managed Floor ETF (SFLR) at 3.72%. This indicates that IOCT's price experiences larger fluctuations and is considered to be riskier than SFLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IOCT	SFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	3.72%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	6.00%	7.42%	-1.42%
Volatility (1Y) Calculated over the trailing 1-year period	10.21%	10.83%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.38%	10.30%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.38%	10.30%	-0.92%