JULJ vs. IOCT

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Premium Income 30 Barrier ETF - July (JULJ) and Innovator International Developed Power Buffer ETF- October (IOCT).

JULJ and IOCT 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. IOCT is an actively managed fund by Innovator. It was launched on Sep 30, 2021.

Performance

JULJ vs. IOCT - 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 International Developed Power Buffer ETF- October (IOCT). The values are adjusted to include any dividend payments, if applicable.

JULJ vs. IOCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JULJ Innovator Premium Income 30 Barrier ETF - July	0.74%	5.91%	6.17%	3.54%
IOCT Innovator International Developed Power Buffer ETF- October	0.55%	18.96%	4.88%	7.07%

Returns By Period

In the year-to-date period, JULJ achieves a 0.74% return, which is significantly higher than IOCT's 0.55% return.

JULJ

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

IOCT

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

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

JULJ vs. IOCT - Expense Ratio Comparison

JULJ has a 0.79% expense ratio, which is lower than IOCT's 0.85% expense ratio.

IOCT

Innovator International Developed Power Buffer ETF- October

JULJ

Innovator Premium Income 30 Barrier ETF - July

Return for Risk

JULJ vs. IOCT — 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

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

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. IOCT - 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 International Developed Power Buffer ETF- October (IOCT). 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	IOCT	Difference
Sharpe ratio Return per unit of total volatility	1.26	1.41	-0.15
Sortino ratio Return per unit of downside risk	2.10	2.02	+0.08
Omega ratio Gain probability vs. loss probability	1.48	1.27	+0.20
Calmar ratio Return relative to maximum drawdown	1.52	2.38	-0.86
Martin ratio Return relative to average drawdown	15.42	8.65	+6.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JULJ vs. IOCT - Sharpe Ratio Comparison

The current JULJ Sharpe Ratio is 1.26, which is comparable to the IOCT Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of JULJ and IOCT, 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

	JULJ	IOCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	1.41	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	1.90	0.82	+1.08

Correlation

The correlation between JULJ and IOCT is 0.55, 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

JULJ vs. IOCT - Dividend Comparison

JULJ's dividend yield for the trailing twelve months is around 5.73%, while IOCT 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%
IOCT Innovator International Developed Power Buffer ETF- October	0.00%	0.00%	0.00%	0.00%

Drawdowns

JULJ vs. IOCT - Drawdown Comparison

The maximum JULJ drawdown since its inception was -3.62%, smaller than the maximum IOCT drawdown of -16.94%. Use the drawdown chart below to compare losses from any high point for JULJ and IOCT.

Drawdown Indicators

	JULJ	IOCT	Difference
Max Drawdown Largest peak-to-trough decline	-3.62%	-16.94%	+13.32%
Max Drawdown (1Y) Largest decline over 1 year	-3.62%	-5.84%	+2.22%
Current Drawdown Current decline from peak	0.00%	-3.97%	+3.97%
Average Drawdown Average peak-to-trough decline	-0.11%	-2.73%	+2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	1.61%	-1.25%

Volatility

JULJ vs. IOCT - Volatility Comparison

The current volatility for Innovator Premium Income 30 Barrier ETF - July (JULJ) is 0.68%, while Innovator International Developed Power Buffer ETF- October (IOCT) has a volatility of 4.41%. This indicates that JULJ experiences smaller price fluctuations and is considered to be less risky than IOCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JULJ	IOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	4.41%	-3.73%
Volatility (6M) Calculated over the trailing 6-month period	1.27%	6.00%	-4.73%
Volatility (1Y) Calculated over the trailing 1-year period	4.40%	10.21%	-5.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.17%	9.38%	-6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.17%	9.38%	-6.21%