SIXJ vs. HOCT

Last updated Jun 4, 2026

SIXJ (AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF) and HOCT (Innovator Premium Income 9 Buffer ETF - October) are both Options Trading funds. SIXJ is passively managed, while HOCT is actively managed. SIXJ charges 0.74%/yr vs 0.79%/yr for HOCT.

Performance

SIXJ vs. HOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (SIXJ) and Innovator Premium Income 9 Buffer ETF - October (HOCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SIXJ

• 1D: -0.00%
• 1M: 2.04%
• YTD: 5.77%
• 6M: 6.85%
• 1Y: 16.93%
• 3Y*: 13.88%
• 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)

SIXJ vs. HOCT - Yearly Performance Comparison

	2026 (YTD)
SIXJ AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF	4.98%
HOCT Innovator Premium Income 9 Buffer ETF - October	0.00%

Return for Risk

SIXJ vs. HOCT — Risk / Return Rank

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

SIXJ

SIXJ Risk / Return Rank: 87
SIXJ Sharpe Ratio Rank: 87
SIXJ Sortino Ratio Rank: 91
SIXJ Omega Ratio Rank: 92
SIXJ Calmar Ratio Rank: 75
SIXJ Martin Ratio Rank: 90

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.

SIXJ vs. HOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (SIXJ) 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.

	SIXJ	HOCT	Difference
Sharpe ratio: Return per unit of total volatility	2.91	—	—
Sortino ratio: Return per unit of downside risk	4.27	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	3.75	—	—
Martin ratio: Return relative to average drawdown	20.41	—	—
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

	SIXJ	HOCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	—	—

Drawdowns

SIXJ vs. HOCT - Drawdown Comparison

The maximum SIXJ drawdown since its inception was -14.07%, which is greater than HOCT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SIXJ and HOCT.

Drawdown Indicators

	SIXJ	HOCT	Difference
Max Drawdown Largest peak-to-trough decline	-14.07%	0.00%	-14.07%
Max Drawdown (1Y) Largest decline over 1 year	-4.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.89%	—	—
Current Drawdown Current decline from peak	-0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.87%	0.00%	-2.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	—	—

Volatility

Volatility by Period

	SIXJ	HOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.84%	0.00%	+5.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.02%	0.00%	+10.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.02%	0.00%	+10.02%

SIXJ vs. HOCT - Expense Ratio Comparison

SIXJ has a 0.74% expense ratio, which is lower than HOCT's 0.79% expense ratio.

Dividends

SIXJ vs. HOCT - Dividend Comparison

Neither SIXJ nor HOCT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, SIXJ or HOCT?

On fees, SIXJ is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SIXJ or HOCT?

SIXJ is cheaper with a 0.74% expense ratio, compared with 0.79% for HOCT.

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

SIXJ and HOCT have nearly identical dividend yields, around 0.00%.

What is the main difference between SIXJ and HOCT?

They also come from different issuers: Allianz and Innovator. Their fees differ too: 0.74% for SIXJ and 0.79% for HOCT.