OCTH vs. JULQ

Last updated Jun 4, 2026

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

Performance

OCTH vs. JULQ - Performance Comparison

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

Returns By Period

OCTH

• 1D: -0.21%
• 1M: 0.64%
• YTD: 2.88%
• 6M: 3.64%
• 1Y: 7.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULQ

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

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

OCTH vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
OCTH Innovator Premium Income 20 Barrier ETF - October	2.31%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

OCTH vs. JULQ - Sectors Allocation Comparison

Sectors	OCTH	JULQ
Technology	33.6%	31.7%
Financial Services	12.4%	14.0%
Communication Services	10.5%	9.5%
Consumer Cyclical	10.0%	10.4%
Healthcare	9.5%	10.9%
Industrials	8.5%	7.7%
Consumer Defensive	5.3%	6.2%
Energy	4.0%	3.2%
Utilities	2.5%	2.6%
Real Estate	2.0%	2.3%
Basic Materials	1.9%	1.8%

Return for Risk

OCTH vs. JULQ — Risk / Return Rank

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

OCTH

OCTH Risk / Return Rank: 67
OCTH Sharpe Ratio Rank: 58
OCTH Sortino Ratio Rank: 63
OCTH Omega Ratio Rank: 71
OCTH Calmar Ratio Rank: 63
OCTH Martin Ratio Rank: 80

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.

OCTH vs. JULQ - Risk-Adjusted Trends Comparison

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

	OCTH	JULQ	Difference
Sharpe ratio Return per unit of total volatility	1.91	—	—
Sortino ratio Return per unit of downside risk	2.90	—	—
Omega ratio Gain probability vs. loss probability	1.42	—	—
Calmar ratio Return relative to maximum drawdown	3.11	—	—
Martin ratio Return relative to average drawdown	15.44	—	—
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

	OCTH	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.23	—	—

Drawdowns

OCTH vs. JULQ - Drawdown Comparison

The maximum OCTH drawdown since its inception was -7.71%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for OCTH and JULQ.

Drawdown Indicators

	OCTH	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	0.00%	-7.71%
Max Drawdown (1Y) Largest decline over 1 year	-2.28%	—	—
Current Drawdown Current decline from peak	-0.21%	0.00%	-0.21%
Average Drawdown Average peak-to-trough decline	-0.27%	0.00%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	—	—

Volatility

Volatility by Period

	OCTH	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.72%	0.00%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.06%	0.00%	+6.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.06%	0.00%	+6.06%

OCTH vs. JULQ - Expense Ratio Comparison

Both OCTH and JULQ have an expense ratio of 0.79%.

Dividends

OCTH vs. JULQ - Dividend Comparison

OCTH's dividend yield for the trailing twelve months is around 6.31%, while JULQ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%	0.00%	0.00%	0.00%
OCTH Innovator Premium Income 20 Barrier ETF - October	6.31%	6.33%	7.43%	1.93%

Frequently Asked Questions

Which ETF is better, OCTH or JULQ?

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, OCTH or JULQ?

OCTH and JULQ have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, OCTH or JULQ?

OCTH has the higher dividend yield at 6.31%, compared with 0.00% for JULQ.