JULJ vs. OCTQ

Last updated Jun 5, 2026

JULJ (Innovator Premium Income 30 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

JULJ vs. OCTQ - 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 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JULJ

• 1D: 0.02%
• 1M: 0.26%
• YTD: 1.84%
• 6M: 2.34%
• 1Y: 5.54%
• 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)

JULJ vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
JULJ Innovator Premium Income 30 Barrier ETF - July	1.45%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

JULJ vs. OCTQ - Sectors Allocation Comparison

Sectors	JULJ	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

JULJ vs. OCTQ — Risk / Return Rank

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

JULJ

JULJ Risk / Return Rank: 96
JULJ Sharpe Ratio Rank: 94
JULJ Sortino Ratio Rank: 97
JULJ Omega Ratio Rank: 97
JULJ Calmar Ratio Rank: 96
JULJ Martin Ratio Rank: 97

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. OCTQ - 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 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.

	JULJ	OCTQ	Difference
Sharpe ratio: Return per unit of total volatility	3.61	—	—
Sortino ratio: Return per unit of downside risk	6.02	—	—
Omega ratio: Gain probability vs. loss probability	1.87	—	—
Calmar ratio: Return relative to maximum drawdown	9.17	—	—
Martin ratio: Return relative to average drawdown	47.60	—	—
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	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.96	—	—

Drawdowns

JULJ vs. OCTQ - Drawdown Comparison

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

Drawdown Indicators

	JULJ	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.62%	0.00%	-3.62%
Max Drawdown (1Y) Largest decline over 1 year	-0.61%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.10%	0.00%	-0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.12%	—	—

Volatility

Volatility by Period

	JULJ	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.54%	0.00%	+1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.08%	0.00%	+3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.08%	0.00%	+3.08%

JULJ vs. OCTQ - Expense Ratio Comparison

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

Dividends

JULJ vs. OCTQ - Dividend Comparison

JULJ's dividend yield for the trailing twelve months is around 5.66%, while OCTQ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
JULJ Innovator Premium Income 30 Barrier ETF - July	5.66%	5.76%	5.96%	3.21%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, JULJ 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, JULJ or OCTQ?

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

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

JULJ has the higher dividend yield at 5.66%, compared with 0.00% for OCTQ.