KOCT vs. FFTY

Last updated Aug 2, 2026

KOCT (Innovator U.S. Small Cap Power Buffer ETF - October) and FFTY (CapForce IBD 50 ETF) are both exchange-traded funds - KOCT is a Defined Outcome fund tracking the Russell 2000 Price Return Index, while FFTY is a Mid Cap Growth Equities fund tracking the IBD 50 Index. Both are passively managed. Over the past 5 years, KOCT returned 6.87%/yr vs -2.78%/yr for FFTY. Their 0.67 correlation means they have sometimes moved together and sometimes differently. KOCT charges 0.79%/yr vs 0.80%/yr for FFTY.

Performance

KOCT vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Small Cap Power Buffer ETF - October (KOCT) and CapForce IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KOCT achieves a 11.23% return, which is significantly higher than FFTY's 6.26% return.

KOCT

• 1D: 0.00%
• 1M: 0.39%
• 6M: 8.57%
• YTD: 11.23%
• 1Y: 23.07%
• 3Y*: 9.89%
• 5Y*: 6.87%
• 10Y*: —
• ALL TIME*: 6.51%

FFTY

• 1D: -0.91%
• 1M: -9.03%
• 6M: 3.47%
• YTD: 6.26%
• 1Y: 13.28%
• 3Y*: 13.48%
• 5Y*: -2.78%
• 10Y*: 5.57%
• ALL TIME*: 4.04%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FFTY CapForce IBD 50 ETF	$863.41K	$1.19M	$1.59M
KOCT Innovator U.S. Small Cap Power Buffer ETF - October	$1.75M	$948.54K	$494.45K

KOCT vs. FFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
KOCT Innovator U.S. Small Cap Power Buffer ETF - October	11.23%	10.14%	11.08%	9.02%	-7.87%	5.67%	2.57%	3.85%
FFTY CapForce IBD 50 ETF	6.26%	23.38%	18.36%	12.40%	-51.08%	11.92%	18.20%	7.62%

Correlation

The correlation between KOCT and FFTY is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (All Time) Calculated using the full available price history since Oct 1, 2019	0.67

The correlation between KOCT and FFTY has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.

KOCT vs. FFTY - Sectors Allocation Comparison

Sectors	KOCT	FFTY
Healthcare	20.3%	43.7%
Financial Services	17.6%	20.9%
Technology	14.5%	18.5%
Industrials	14.1%	5.7%
Consumer Cyclical	9.2%	3.6%
Real Estate	6.7%	0.5%
Energy	5.5%	2.6%
Basic Materials	4.4%	3.6%
Utilities	2.8%	2.1%
Consumer Defensive	2.6%	1.0%
Communication Services	2.2%	0.9%

Return for Risk

KOCT vs. FFTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KOCT

KOCT Risk / Return Rank: 91
KOCT Sharpe Ratio Rank: 89
KOCT Sortino Ratio Rank: 91
KOCT Omega Ratio Rank: 89
KOCT Calmar Ratio Rank: 93
KOCT Martin Ratio Rank: 93

FFTY

FFTY Risk / Return Rank: 18
FFTY Sharpe Ratio Rank: 17
FFTY Sortino Ratio Rank: 18
FFTY Omega Ratio Rank: 18
FFTY Calmar Ratio Rank: 18
FFTY Martin Ratio Rank: 18

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KOCT vs. FFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Small Cap Power Buffer ETF - October (KOCT) and CapForce IBD 50 ETF (FFTY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KOCT	FFTY	Difference
Sharpe ratio: Return per unit of total volatility	2.17	0.26	+1.91
Sortino ratio: Return per unit of downside risk	3.31	0.59	+2.73
Omega ratio: Gain probability vs. loss probability	1.40	1.07	+0.33
Calmar ratio: Return relative to maximum drawdown	4.45	0.41	+4.04
Martin ratio: Return relative to average drawdown	16.72	1.00	+15.71

KOCT vs. FFTY - Sharpe Ratio Comparison

The current KOCT Sharpe Ratio is 2.17, which is higher than the FFTY Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of KOCT and FFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KOCT vs. FFTY - Drawdown Comparison

The maximum KOCT drawdown since its inception was -28.22%, smaller than the maximum FFTY drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for KOCT and FFTY.

Drawdown Indicators

	KOCT	FFTY	Difference
Max Drawdown Largest peak-to-trough decline	-28.22%	-59.46%	+31.24%
Max Drawdown (1Y) Largest decline over 1 year	-4.95%	-23.29%	+18.34%
Max Drawdown (3Y) Largest decline over 3 years	-15.03%	-29.60%	+14.57%
Max Drawdown (5Y) Largest decline over 5 years	-16.63%	-59.46%	+42.83%
Max Drawdown (10Y) Largest decline over 10 years	—	-59.46%	—
Current Drawdown Current decline from peak	-0.11%	-25.10%	+24.99%
Average Drawdown Average peak-to-trough decline	-4.15%	-22.32%	+18.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	9.51%	-8.19%

Volatility

KOCT vs. FFTY - Volatility Comparison

The current volatility for Innovator U.S. Small Cap Power Buffer ETF - October (KOCT) is 1.35%, while CapForce IBD 50 ETF (FFTY) has a volatility of 8.45%. This indicates that KOCT experiences smaller price fluctuations and is considered to be less risky than FFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOCT	FFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	8.45%	-7.10%
Volatility (6M) Calculated over the trailing 6-month period	6.51%	29.16%	-22.65%
Volatility (1Y) Calculated over the trailing 1-year period	10.18%	36.53%	-26.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.29%	29.75%	-17.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.46%	27.79%	-13.33%

KOCT vs. FFTY - Expense Ratio Comparison

KOCT has a 0.79% expense ratio, which is lower than FFTY's 0.80% expense ratio.

Dividends

KOCT vs. FFTY - Dividend Comparison

KOCT has not paid dividends to shareholders, while FFTY's dividend yield for the trailing twelve months is around 1.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFTY CapForce IBD 50 ETF	1.27%	1.35%	0.91%	0.65%	2.75%	0.22%	0.00%	0.00%	0.00%	0.17%
KOCT Innovator U.S. Small Cap Power Buffer ETF - October	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KOCT and FFTY in my portfolio?

KOCT and FFTY have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KOCT or FFTY?

FFTY has higher volatility (8.45%) compared to KOCT (1.35%). In terms of maximum drawdown, KOCT dropped -28.22% vs FFTY's -59.46%.

Which ETF is better, KOCT or FFTY?

On 5-year performance, KOCT leads with 6.87% vs -2.78% for FFTY. On fees, KOCT is cheaper at 0.79% per year. On volatility, KOCT has been the lower-risk option at 1.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOCT or FFTY?

Over the 5-year period, KOCT has performed better with a 6.87% return vs -2.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOCT or FFTY?

KOCT is cheaper with a 0.79% expense ratio, compared with 0.80% for FFTY.

Which ETF pays a higher dividend yield, KOCT or FFTY?

FFTY has the higher dividend yield at 1.27%, compared with 0.00% for KOCT.

What is the main difference between KOCT and FFTY?

KOCT is categorized as Defined Outcome, while FFTY is Mid Cap Growth Equities. KOCT tracks Russell 2000 Price Return Index, while FFTY tracks IBD 50 Index. They also come from different issuers: Innovator and CapForce. Their fees differ too: 0.79% for KOCT and 0.80% for FFTY.

Which has better risk-adjusted returns?

KOCT currently has the higher Sharpe Ratio (2.17 vs 0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.