QTJA vs. OCTQ

Last updated Jun 3, 2026

QTJA (Innovator Growth Accelerated Plus ETF - January) and OCTQ (Innovator Premium Income 40 Barrier ETF - October) are both Options Trading funds from Innovator. Both are actively managed. Both charge a 0.79% expense ratio.

Performance

QTJA vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth Accelerated Plus ETF - January (QTJA) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QTJA

• 1D: -0.00%
• 1M: 3.65%
• YTD: 10.80%
• 6M: 11.65%
• 1Y: 26.80%
• 3Y*: 18.11%
• 5Y*: —
• 10Y*: —

OCTQ

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

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

QTJA vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
QTJA Innovator Growth Accelerated Plus ETF - January	11.30%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

QTJA vs. OCTQ - Sectors Allocation Comparison

Sectors	QTJA	OCTQ
Technology	54.2%	35.3%
Communication Services	15.5%	9.9%
Consumer Cyclical	12.2%	10.6%
Consumer Defensive	7.6%	5.2%
Healthcare	4.2%	8.8%
Industrials	2.8%	7.8%
Utilities	1.4%	2.5%
Basic Materials	1.2%	1.6%
Energy	0.6%	3.0%
Financial Services	0.2%	13.4%
Real Estate	0.1%	2.0%

Return for Risk

QTJA vs. OCTQ — Risk / Return Rank

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

QTJA

QTJA Risk / Return Rank: 74
QTJA Sharpe Ratio Rank: 75
QTJA Sortino Ratio Rank: 77
QTJA Omega Ratio Rank: 85
QTJA Calmar Ratio Rank: 56
QTJA Martin Ratio Rank: 76

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.

QTJA vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - January (QTJA) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). 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.

	QTJA	OCTQ	Difference
Sharpe ratio Return per unit of total volatility	2.51	—	—
Sortino ratio Return per unit of downside risk	3.55	—	—
Omega ratio Gain probability vs. loss probability	1.53	—	—
Calmar ratio Return relative to maximum drawdown	2.81	—	—
Martin ratio Return relative to average drawdown	14.80	—	—
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

	QTJA	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	—	—

Drawdowns

QTJA vs. OCTQ - Drawdown Comparison

The maximum QTJA drawdown since its inception was -36.07%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QTJA and OCTQ.

Drawdown Indicators

	QTJA	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-36.07%	0.00%	-36.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.73%	—	—
Current Drawdown Current decline from peak	-0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.30%	0.00%	-13.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	—	—

Volatility

Volatility by Period

	QTJA	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.73%	0.00%	+10.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.45%	0.00%	+20.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.45%	0.00%	+20.45%

QTJA vs. OCTQ - Expense Ratio Comparison

Both QTJA and OCTQ have an expense ratio of 0.79%.

Dividends

QTJA vs. OCTQ - Dividend Comparison

Neither QTJA nor OCTQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, QTJA or OCTQ?

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, QTJA or OCTQ?

QTJA and OCTQ have the same expense ratio: 0.79% per year.

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

QTJA and OCTQ have nearly identical dividend yields, around 0.00%.