UOCT vs. PSFD
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - October (UOCT) and Pacer Swan SOS Flex (December) ETF (PSFD).
UOCT and PSFD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UOCT is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect October Series Index. It was launched on Oct 1, 2018. PSFD is an actively managed fund by Pacer Advisors. It was launched on Dec 22, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UOCT or PSFD.
Key characteristics
| UOCT | PSFD | |
|---|---|---|
| YTD Return | 9.42% | 13.62% |
| 1Y Return | 14.05% | 20.79% |
| 3Y Return (Ann) | 7.65% | 11.07% |
| Sharpe Ratio | 3.72 | 3.43 |
| Sortino Ratio | 5.84 | 4.88 |
| Omega Ratio | 1.95 | 1.74 |
| Calmar Ratio | 8.20 | 5.22 |
| Martin Ratio | 46.89 | 28.76 |
| Ulcer Index | 0.30% | 0.72% |
| Daily Std Dev | 3.77% | 6.03% |
| Max Drawdown | -13.68% | -14.94% |
| Current Drawdown | 0.00% | -0.09% |
Correlation
The correlation between UOCT and PSFD is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UOCT vs. PSFD - Performance Comparison
In the year-to-date period, UOCT achieves a 9.42% return, which is significantly lower than PSFD's 13.62% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UOCT vs. PSFD - Expense Ratio Comparison
UOCT has a 0.79% expense ratio, which is higher than PSFD's 0.75% expense ratio.
Risk-Adjusted Performance
UOCT vs. PSFD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - October (UOCT) and Pacer Swan SOS Flex (December) ETF (PSFD). 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.
Dividends
UOCT vs. PSFD - Dividend Comparison
Neither UOCT nor PSFD has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
UOCT Innovator U.S. Equity Ultra Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.33% |
PSFD Pacer Swan SOS Flex (December) ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UOCT vs. PSFD - Drawdown Comparison
The maximum UOCT drawdown since its inception was -13.68%, smaller than the maximum PSFD drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for UOCT and PSFD. For additional features, visit the drawdowns tool.
Volatility
UOCT vs. PSFD - Volatility Comparison
Innovator U.S. Equity Ultra Buffer ETF - October (UOCT) has a higher volatility of 1.62% compared to Pacer Swan SOS Flex (December) ETF (PSFD) at 0.82%. This indicates that UOCT's price experiences larger fluctuations and is considered to be riskier than PSFD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.