QTOC vs. IVVM

Last updated Jun 4, 2026

QTOC (Innovator Growth Accelerated Plus ETF - October) and IVVM (iShares Large Cap Moderate Buffer ETF) are both Options Trading funds. Both are actively managed. Over the past year, QTOC returned 22.99% vs 16.27% for IVVM. A 0.78 correlation means they provide meaningful diversification when combined. QTOC charges 0.79%/yr vs 0.50%/yr for IVVM.

Performance

QTOC vs. IVVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth Accelerated Plus ETF - October (QTOC) and iShares Large Cap Moderate Buffer ETF (IVVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QTOC achieves a 10.79% return, which is significantly higher than IVVM's 5.95% return.

QTOC

• 1D: -0.08%
• 1M: 3.29%
• YTD: 10.79%
• 6M: 10.99%
• 1Y: 22.99%
• 3Y*: 19.15%
• 5Y*: —
• 10Y*: —

IVVM

• 1D: -0.22%
• 1M: 1.95%
• YTD: 5.95%
• 6M: 6.15%
• 1Y: 16.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QTOC vs. IVVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QTOC Innovator Growth Accelerated Plus ETF - October	10.79%	16.79%	14.90%	12.35%
IVVM iShares Large Cap Moderate Buffer ETF	5.95%	14.24%	16.08%	5.17%

Correlation

The correlation between QTOC and IVVM is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jul 3, 2023	0.78

The correlation between QTOC and IVVM has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.

QTOC vs. IVVM - Sectors Allocation Comparison

Sectors	QTOC	IVVM
Technology	54.2%	36.2%
Communication Services	15.5%	10.9%
Consumer Cyclical	12.2%	10.1%
Consumer Defensive	7.6%	4.9%
Healthcare	4.2%	8.4%
Industrials	2.8%	8.1%
Utilities	1.4%	2.3%
Basic Materials	1.2%	1.8%
Energy	0.6%	3.5%
Financial Services	0.2%	11.9%
Real Estate	0.1%	1.9%

Return for Risk

QTOC vs. IVVM — Risk / Return Rank

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

QTOC

QTOC Risk / Return Rank: 58
QTOC Sharpe Ratio Rank: 55
QTOC Sortino Ratio Rank: 56
QTOC Omega Ratio Rank: 65
QTOC Calmar Ratio Rank: 49
QTOC Martin Ratio Rank: 65

IVVM

IVVM Risk / Return Rank: 72
IVVM Sharpe Ratio Rank: 70
IVVM Sortino Ratio Rank: 73
IVVM Omega Ratio Rank: 79
IVVM Calmar Ratio Rank: 62
IVVM Martin Ratio Rank: 78

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.

QTOC vs. IVVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - October (QTOC) and iShares Large Cap Moderate Buffer ETF (IVVM). 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.

	QTOC	IVVM	Difference
Sharpe ratio: Return per unit of total volatility	1.85	2.32	-0.47
Sortino ratio: Return per unit of downside risk	2.66	3.33	-0.67
Omega ratio: Gain probability vs. loss probability	1.39	1.48	-0.09
Calmar ratio: Return relative to maximum drawdown	2.40	3.08	-0.68
Martin ratio: Return relative to average drawdown	11.68	15.34	-3.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTOC vs. IVVM - Sharpe Ratio Comparison

The current QTOC Sharpe Ratio is 1.85, which is comparable to the IVVM Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of QTOC and IVVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QTOC	IVVM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	2.32	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.49	-1.00

Drawdowns

QTOC vs. IVVM - Drawdown Comparison

The maximum QTOC drawdown since its inception was -33.43%, which is greater than IVVM's maximum drawdown of -11.62%. Use the drawdown chart below to compare losses from any high point for QTOC and IVVM.

Drawdown Indicators

	QTOC	IVVM	Difference
Max Drawdown Largest peak-to-trough decline	-33.43%	-11.62%	-21.81%
Max Drawdown (1Y) Largest decline over 1 year	-9.63%	-5.31%	-4.32%
Max Drawdown (3Y) Largest decline over 3 years	-21.24%	—	—
Current Drawdown Current decline from peak	-0.16%	-0.22%	+0.06%
Average Drawdown Average peak-to-trough decline	-8.50%	-0.92%	-7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	1.06%	+0.91%

Volatility

QTOC vs. IVVM - Volatility Comparison

Innovator Growth Accelerated Plus ETF - October (QTOC) has a higher volatility of 1.26% compared to iShares Large Cap Moderate Buffer ETF (IVVM) at 0.76%. This indicates that QTOC's price experiences larger fluctuations and is considered to be riskier than IVVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTOC	IVVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	0.76%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	10.34%	5.62%	+4.72%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	7.04%	+5.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.77%	9.62%	+10.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	9.62%	+10.15%

QTOC vs. IVVM - Expense Ratio Comparison

QTOC has a 0.79% expense ratio, which is higher than IVVM's 0.50% expense ratio.

Dividends

QTOC vs. IVVM - Dividend Comparison

QTOC has not paid dividends to shareholders, while IVVM's dividend yield for the trailing twelve months is around 0.65%.

Position	TTM	2025	2024
IVVM iShares Large Cap Moderate Buffer ETF	0.65%	0.68%	0.62%
QTOC Innovator Growth Accelerated Plus ETF - October	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QTOC and IVVM in my portfolio?

QTOC and IVVM have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTOC or IVVM?

QTOC has higher volatility (1.26%) compared to IVVM (0.76%). In terms of maximum drawdown, QTOC dropped -33.43% vs IVVM's -11.62%.

Which ETF is better, QTOC or IVVM?

On 1-year performance, QTOC leads with 22.99% vs 16.27% for IVVM. On fees, IVVM is cheaper at 0.50% per year. On volatility, IVVM has been the lower-risk option at 0.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTOC or IVVM?

Over the 1-year period, QTOC has performed better with a 22.99% return vs 16.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTOC or IVVM?

IVVM is cheaper with a 0.50% expense ratio, compared with 0.79% for QTOC.

Which ETF pays a higher dividend yield, QTOC or IVVM?

IVVM has the higher dividend yield at 0.65%, compared with 0.00% for QTOC.

What is the main difference between QTOC and IVVM?

They also come from different issuers: Innovator and iShares. Their fees differ too: 0.79% for QTOC and 0.50% for IVVM.

Which has better risk-adjusted returns?

IVVM currently has the higher Sharpe Ratio (2.32 vs 1.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.