JULH vs. OCTQ

Last updated Jun 6, 2026

JULH (Innovator Premium Income 20 Barrier ETF - July) and OCTQ (Innovator Premium Income 40 Barrier ETF - October) are both Options Trading funds from Innovator. Both are actively managed. Both charge a 0.79% expense ratio.

Performance

JULH vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 20 Barrier ETF - July (JULH) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JULH

• 1D: -0.04%
• 1M: 0.32%
• YTD: 2.22%
• 6M: 1.10%
• 1Y: 5.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OCTQ

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

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

JULH vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
JULH Innovator Premium Income 20 Barrier ETF - July	1.73%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

JULH vs. OCTQ - Sectors Allocation Comparison

Sectors	JULH	OCTQ
Technology	33.6%	35.3%
Financial Services	12.4%	13.4%
Communication Services	10.5%	9.9%
Consumer Cyclical	10.0%	10.6%
Healthcare	9.5%	8.8%
Industrials	8.5%	7.8%
Consumer Defensive	5.3%	5.2%
Energy	4.0%	3.0%
Utilities	2.5%	2.5%
Real Estate	2.0%	2.0%
Basic Materials	1.9%	1.6%

Return for Risk

JULH vs. OCTQ — Risk / Return Rank

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

JULH

JULH Risk / Return Rank: 61
JULH Sharpe Ratio Rank: 58
JULH Sortino Ratio Rank: 52
JULH Omega Ratio Rank: 83
JULH Calmar Ratio Rank: 64
JULH Martin Ratio Rank: 48

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.

JULH vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 20 Barrier ETF - July (JULH) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). 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.

	JULH	OCTQ	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	2.95	—	—
Martin ratio: Return relative to average drawdown	7.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JULH	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	—	—

Drawdowns

JULH vs. OCTQ - Drawdown Comparison

The maximum JULH drawdown since its inception was -5.51%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JULH and OCTQ.

Drawdown Indicators

	JULH	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-5.51%	0.00%	-5.51%
Max Drawdown (1Y) Largest decline over 1 year	-1.72%	—	—
Current Drawdown Current decline from peak	-0.04%	0.00%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.28%	0.00%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	—	—

Volatility

Volatility by Period

	JULH	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.80%	0.00%	+2.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.75%	0.00%	+4.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.75%	0.00%	+4.75%

JULH vs. OCTQ - Expense Ratio Comparison

Both JULH and OCTQ have an expense ratio of 0.79%.

Dividends

JULH vs. OCTQ - Dividend Comparison

JULH's dividend yield for the trailing twelve months is around 5.28%, while OCTQ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
JULH Innovator Premium Income 20 Barrier ETF - July	5.28%	5.31%	6.89%	3.67%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, JULH or OCTQ?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JULH or OCTQ?

JULH and OCTQ have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, JULH or OCTQ?

JULH has the higher dividend yield at 5.28%, compared with 0.00% for OCTQ.