QBER vs. HOCT

Last updated Jun 4, 2026

QBER (TrueShares Quarterly Bear Hedge ETF) and HOCT (Innovator Premium Income 9 Buffer ETF - October) are both Options Trading funds. Both are actively managed. Both charge a 0.79% expense ratio.

Performance

QBER vs. HOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Quarterly Bear Hedge ETF (QBER) and Innovator Premium Income 9 Buffer ETF - October (HOCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QBER

• 1D: -0.13%
• 1M: -0.38%
• YTD: -0.96%
• 6M: -0.37%
• 1Y: -0.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOCT

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

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

QBER vs. HOCT - Yearly Performance Comparison

	2026 (YTD)
QBER TrueShares Quarterly Bear Hedge ETF	-0.59%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%

Return for Risk

QBER vs. HOCT — Risk / Return Rank

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

QBER

QBER Risk / Return Rank: 6
QBER Sharpe Ratio Rank: 7
QBER Sortino Ratio Rank: 6
QBER Omega Ratio Rank: 6
QBER Calmar Ratio Rank: 6
QBER Martin Ratio Rank: 5

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.

QBER vs. HOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Quarterly Bear Hedge ETF (QBER) and Innovator Premium Income 9 Buffer ETF - October (HOCT). 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.

	QBER	HOCT	Difference
Sharpe ratio: Return per unit of total volatility	-0.23	—	—
Sortino ratio: Return per unit of downside risk	-0.31	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.36	—	—
Martin ratio: Return relative to average drawdown	-0.88	—	—
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

	QBER	HOCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	—	—

Drawdowns

QBER vs. HOCT - Drawdown Comparison

The maximum QBER drawdown since its inception was -5.72%, which is greater than HOCT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QBER and HOCT.

Drawdown Indicators

	QBER	HOCT	Difference
Max Drawdown Largest peak-to-trough decline	-5.72%	0.00%	-5.72%
Max Drawdown (1Y) Largest decline over 1 year	-2.35%	—	—
Current Drawdown Current decline from peak	-5.68%	0.00%	-5.68%
Average Drawdown Average peak-to-trough decline	-4.72%	0.00%	-4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	—	—

Volatility

Volatility by Period

	QBER	HOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.64%	0.00%	+3.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.40%	0.00%	+6.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.40%	0.00%	+6.40%

QBER vs. HOCT - Expense Ratio Comparison

Both QBER and HOCT have an expense ratio of 0.79%.

Dividends

QBER vs. HOCT - Dividend Comparison

QBER's dividend yield for the trailing twelve months is around 3.29%, while HOCT has not paid dividends to shareholders.

Position	TTM	2025	2024
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%	0.00%	0.00%
QBER TrueShares Quarterly Bear Hedge ETF	3.29%	3.26%	1.35%

Frequently Asked Questions

Which ETF is better, QBER or HOCT?

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, QBER or HOCT?

QBER and HOCT have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, QBER or HOCT?

QBER has the higher dividend yield at 3.29%, compared with 0.00% for HOCT.

What is the main difference between QBER and HOCT?

They also come from different issuers: TrueShares and Innovator.