OCTQ vs. AMDY

Last updated Jun 4, 2026

OCTQ (Innovator Premium Income 40 Barrier ETF - October) and AMDY (YieldMax AMD Option Income Strategy ETF) are both Options Trading funds. Both are actively managed. OCTQ charges 0.79%/yr vs 0.99%/yr for AMDY.

Performance

OCTQ vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 40 Barrier ETF - October (OCTQ) and YieldMax AMD Option Income Strategy ETF (AMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OCTQ

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

AMDY

• 1D: 3.39%
• 1M: 46.76%
• YTD: 110.49%
• 6M: 111.80%
• 1Y: 240.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OCTQ vs. AMDY - Yearly Performance Comparison

	2026 (YTD)
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%
AMDY YieldMax AMD Option Income Strategy ETF	130.40%

Return for Risk

OCTQ vs. AMDY — Risk / Return Rank

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

AMDY

AMDY Risk / Return Rank: 93
AMDY Sharpe Ratio Rank: 97
AMDY Sortino Ratio Rank: 92
AMDY Omega Ratio Rank: 92
AMDY Calmar Ratio Rank: 96
AMDY Martin Ratio Rank: 88

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.

OCTQ vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - October (OCTQ) and YieldMax AMD Option Income Strategy ETF (AMDY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OCTQ	AMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.25	—

Drawdowns

OCTQ vs. AMDY - Drawdown Comparison

The maximum OCTQ drawdown since its inception was 0.00%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for OCTQ and AMDY.

Drawdown Indicators

	OCTQ	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-53.92%	+53.92%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.59%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-18.02%	+18.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.22%	—

Volatility

Volatility by Period

	OCTQ	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	53.40%	-53.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	46.01%	-46.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	46.01%	-46.01%

OCTQ vs. AMDY - Expense Ratio Comparison

OCTQ has a 0.79% expense ratio, which is lower than AMDY's 0.99% expense ratio.

Dividends

OCTQ vs. AMDY - Dividend Comparison

OCTQ has not paid dividends to shareholders, while AMDY's dividend yield for the trailing twelve months is around 54.91%.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	54.91%	80.68%	109.98%	6.68%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, OCTQ or AMDY?

On fees, OCTQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OCTQ or AMDY?

OCTQ is cheaper with a 0.79% expense ratio, compared with 0.99% for AMDY.

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

AMDY has the higher dividend yield at 54.91%, compared with 0.00% for OCTQ.

What is the main difference between OCTQ and AMDY?

They also come from different issuers: Innovator and YieldMax. Their fees differ too: 0.79% for OCTQ and 0.99% for AMDY.