POCT vs. BUFR
Compare and contrast key facts about Innovator U.S. Equity Power Buffer ETF - October (POCT) and FT Cboe Vest Fund of Buffer ETFs (BUFR).
POCT and BUFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. POCT is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 15% Buffer Protect October Series Index. It was launched on Oct 1, 2018. BUFR is an actively managed fund by First Trust. It was launched on Aug 10, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POCT or BUFR.
Key characteristics
| POCT | BUFR | |
|---|---|---|
| YTD Return | 9.63% | 14.60% |
| 1Y Return | 14.15% | 21.51% |
| 3Y Return (Ann) | 9.42% | 8.60% |
| Sharpe Ratio | 3.46 | 3.44 |
| Sortino Ratio | 5.24 | 4.90 |
| Omega Ratio | 1.86 | 1.76 |
| Calmar Ratio | 7.42 | 5.24 |
| Martin Ratio | 44.24 | 30.38 |
| Ulcer Index | 0.32% | 0.71% |
| Daily Std Dev | 4.11% | 6.24% |
| Max Drawdown | -18.80% | -13.73% |
| Current Drawdown | -0.20% | -0.13% |
Correlation
The correlation between POCT and BUFR is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
POCT vs. BUFR - Performance Comparison
In the year-to-date period, POCT achieves a 9.63% return, which is significantly lower than BUFR's 14.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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POCT vs. BUFR - Expense Ratio Comparison
POCT has a 0.79% expense ratio, which is lower than BUFR's 1.05% expense ratio.
Risk-Adjusted Performance
POCT vs. BUFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - October (POCT) and FT Cboe Vest Fund of Buffer ETFs (BUFR). 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.
Dividends
POCT vs. BUFR - Dividend Comparison
Neither POCT nor BUFR has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
POCT Innovator U.S. Equity Power Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% |
BUFR FT Cboe Vest Fund of Buffer ETFs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
POCT vs. BUFR - Drawdown Comparison
The maximum POCT drawdown since its inception was -18.80%, which is greater than BUFR's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for POCT and BUFR. For additional features, visit the drawdowns tool.
Volatility
POCT vs. BUFR - Volatility Comparison
Innovator U.S. Equity Power Buffer ETF - October (POCT) has a higher volatility of 1.95% compared to FT Cboe Vest Fund of Buffer ETFs (BUFR) at 1.77%. This indicates that POCT's price experiences larger fluctuations and is considered to be riskier than BUFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.