JULJ vs. HOCT

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Premium Income 30 Barrier ETF - July (JULJ) and Innovator Premium Income 9 Buffer ETF - October (HOCT).

JULJ and HOCT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JULJ is an actively managed fund by Innovator. It was launched on Jun 30, 2023. HOCT is an actively managed fund by Innovator. It was launched on Sep 29, 2023.

Performance

JULJ vs. HOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 30 Barrier ETF - July (JULJ) and Innovator Premium Income 9 Buffer ETF - October (HOCT). The values are adjusted to include any dividend payments, if applicable.

JULJ vs. HOCT - Yearly Performance Comparison

	2026 (YTD)
JULJ Innovator Premium Income 30 Barrier ETF - July	0.35%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%

Returns By Period

JULJ

• 1D: 0.38%
• 1M: 0.21%
• YTD: 0.74%
• 6M: 2.17%
• 1Y: 5.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOCT

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

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

JULJ vs. HOCT - Expense Ratio Comparison

Both JULJ and HOCT have an expense ratio of 0.79%.

JULJ

Innovator Premium Income 30 Barrier ETF - July

HOCT

Innovator Premium Income 9 Buffer ETF - October

Return for Risk

JULJ vs. HOCT — Risk / Return Rank

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

JULJ

JULJ Risk / Return Rank: 79
JULJ Sharpe Ratio Rank: 69
JULJ Sortino Ratio Rank: 79
JULJ Omega Ratio Rank: 95
JULJ Calmar Ratio Rank: 58
JULJ Martin Ratio Rank: 95

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.

JULJ vs. HOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 30 Barrier ETF - July (JULJ) and Innovator Premium Income 9 Buffer ETF - October (HOCT). 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.

	JULJ	HOCT	Difference
Sharpe ratio Return per unit of total volatility	1.26	—	—
Sortino ratio Return per unit of downside risk	2.10	—	—
Omega ratio Gain probability vs. loss probability	1.48	—	—
Calmar ratio Return relative to maximum drawdown	1.52	—	—
Martin ratio Return relative to average drawdown	15.42	—	—
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

	JULJ	HOCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.90	—	—

Dividends

JULJ vs. HOCT - Dividend Comparison

JULJ's dividend yield for the trailing twelve months is around 5.73%, while HOCT has not paid dividends to shareholders.

	TTM	2025	2024	2023
JULJ Innovator Premium Income 30 Barrier ETF - July	5.73%	5.76%	5.96%	3.21%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%	0.00%	0.00%	0.00%

Drawdowns

JULJ vs. HOCT - Drawdown Comparison

The maximum JULJ drawdown since its inception was -3.62%, which is greater than HOCT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JULJ and HOCT.

Drawdown Indicators

	JULJ	HOCT	Difference
Max Drawdown Largest peak-to-trough decline	-3.62%	0.00%	-3.62%
Max Drawdown (1Y) Largest decline over 1 year	-3.62%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.11%	0.00%	-0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	—	—

Volatility

Volatility by Period

	JULJ	HOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.40%	0.00%	+4.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.17%	0.00%	+3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.17%	0.00%	+3.17%