QFLR vs. HOCT

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Premium Income 9 Buffer ETF - October (HOCT).

QFLR and HOCT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QFLR is an actively managed fund by Innovator. It was launched on Jan 24, 2024. HOCT is an actively managed fund by Innovator. It was launched on Sep 29, 2023.

Performance

QFLR vs. HOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Premium Income 9 Buffer ETF - October (HOCT). The values are adjusted to include any dividend payments, if applicable.

QFLR vs. HOCT - Yearly Performance Comparison

	2026 (YTD)
QFLR Innovator Nasdaq-100 Managed Floor ETF	-3.67%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%

Returns By Period

QFLR

• 1D: 2.40%
• 1M: -3.49%
• YTD: -2.86%
• 6M: 0.45%
• 1Y: 23.29%
• 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)

QFLR vs. HOCT - Expense Ratio Comparison

QFLR has a 0.89% expense ratio, which is higher than HOCT's 0.79% expense ratio.

QFLR

Innovator Nasdaq-100 Managed Floor ETF

HOCT

Innovator Premium Income 9 Buffer ETF - October

Return for Risk

QFLR vs. HOCT — Risk / Return Rank

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

QFLR

QFLR Risk / Return Rank: 90
QFLR Sharpe Ratio Rank: 89
QFLR Sortino Ratio Rank: 91
QFLR Omega Ratio Rank: 88
QFLR Calmar Ratio Rank: 90
QFLR Martin Ratio Rank: 93

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.

QFLR vs. HOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Nasdaq-100 Managed Floor ETF (QFLR) 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.

	QFLR	HOCT	Difference
Sharpe ratio Return per unit of total volatility	1.90	—	—
Sortino ratio Return per unit of downside risk	2.61	—	—
Omega ratio Gain probability vs. loss probability	1.36	—	—
Calmar ratio Return relative to maximum drawdown	3.03	—	—
Martin ratio Return relative to average drawdown	13.18	—	—
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

	QFLR	HOCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	—	—

Dividends

QFLR vs. HOCT - Dividend Comparison

Neither QFLR nor HOCT has paid dividends to shareholders.

	TTM	2025	2024
QFLR Innovator Nasdaq-100 Managed Floor ETF	0.00%	0.02%	0.03%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%	0.00%	0.00%

Drawdowns

QFLR vs. HOCT - Drawdown Comparison

The maximum QFLR drawdown since its inception was -13.97%, which is greater than HOCT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QFLR and HOCT.

Drawdown Indicators

	QFLR	HOCT	Difference
Max Drawdown Largest peak-to-trough decline	-13.97%	0.00%	-13.97%
Max Drawdown (1Y) Largest decline over 1 year	-7.61%	—	—
Current Drawdown Current decline from peak	-5.40%	0.00%	-5.40%
Average Drawdown Average peak-to-trough decline	-2.61%	0.00%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	QFLR	HOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	0.00%	+12.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	0.00%	+12.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	0.00%	+12.90%