POCT vs. XXXX
Compare and contrast key facts about Innovator U.S. Equity Power Buffer ETF - October (POCT) and MAX S&P 500 4X Leveraged ETN (XXXX).
POCT and XXXX 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. XXXX is a passively managed fund by Max that tracks the performance of the S&P 500. It was launched on Dec 4, 2023. Both POCT and XXXX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POCT or XXXX.
Correlation
The correlation between POCT and XXXX is 0.84, 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. XXXX - Performance Comparison
Key characteristics
POCT:
1.34
XXXX:
0.30
POCT:
1.87
XXXX:
0.74
POCT:
1.28
XXXX:
1.10
POCT:
2.43
XXXX:
0.48
POCT:
12.02
XXXX:
1.53
POCT:
0.55%
XXXX:
10.14%
POCT:
4.93%
XXXX:
51.48%
POCT:
-18.80%
XXXX:
-31.99%
POCT:
-2.06%
XXXX:
-25.70%
Returns By Period
In the year-to-date period, POCT achieves a 0.22% return, which is significantly higher than XXXX's -12.52% return.
POCT
0.22%
-0.86%
2.26%
6.86%
10.23%
N/A
XXXX
-12.52%
-16.21%
1.24%
16.73%
N/A
N/A
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POCT vs. XXXX - Expense Ratio Comparison
POCT has a 0.79% expense ratio, which is lower than XXXX's 2.95% expense ratio.
Risk-Adjusted Performance
POCT vs. XXXX — Risk-Adjusted Performance Rank
POCT
XXXX
POCT vs. XXXX - 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 MAX S&P 500 4X Leveraged ETN (XXXX). 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. XXXX - Dividend Comparison
Neither POCT nor XXXX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
POCT Innovator U.S. Equity Power Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% |
XXXX MAX S&P 500 4X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
POCT vs. XXXX - Drawdown Comparison
The maximum POCT drawdown since its inception was -18.80%, smaller than the maximum XXXX drawdown of -31.99%. Use the drawdown chart below to compare losses from any high point for POCT and XXXX. For additional features, visit the drawdowns tool.
Volatility
POCT vs. XXXX - Volatility Comparison
The current volatility for Innovator U.S. Equity Power Buffer ETF - October (POCT) is 2.06%, while MAX S&P 500 4X Leveraged ETN (XXXX) has a volatility of 16.21%. This indicates that POCT experiences smaller price fluctuations and is considered to be less risky than XXXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.