UOCT vs. ZDEK
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF October (UOCT) and Innovator Equity Defined Protection ETF - 1 Yr December (ZDEK).
UOCT and ZDEK 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 S&P 500 Index. It was launched on Sep 28, 2018. ZDEK is an actively managed fund by Innovator. It was launched on Dec 1, 2024.
Performance
UOCT vs. ZDEK - Performance Comparison
Loading graphics...
UOCT vs. ZDEK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UOCT Innovator U.S. Equity Ultra Buffer ETF October | -1.41% | 10.67% | -0.90% |
ZDEK Innovator Equity Defined Protection ETF - 1 Yr December | -0.30% | 7.78% | -0.38% |
Returns By Period
In the year-to-date period, UOCT achieves a -1.41% return, which is significantly lower than ZDEK's -0.30% return.
UOCT
- 1D
- 0.66%
- 1M
- -2.13%
- YTD
- -1.41%
- 6M
- -0.01%
- 1Y
- 11.18%
- 3Y*
- 10.51%
- 5Y*
- 7.09%
- 10Y*
- —
ZDEK
- 1D
- 0.14%
- 1M
- -0.70%
- YTD
- -0.30%
- 6M
- 1.51%
- 1Y
- 8.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UOCT vs. ZDEK - Expense Ratio Comparison
Both UOCT and ZDEK have an expense ratio of 0.79%.
Return for Risk
UOCT vs. ZDEK — Risk / Return Rank
UOCT
ZDEK
UOCT vs. ZDEK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF October (UOCT) and Innovator Equity Defined Protection ETF - 1 Yr December (ZDEK). 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.
| UOCT | ZDEK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 2.43 | -1.13 |
Sortino ratioReturn per unit of downside risk | 1.90 | 3.69 | -1.79 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.50 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 2.01 | 5.32 | -3.31 |
Martin ratioReturn relative to average drawdown | 9.49 | 21.69 | -12.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UOCT | ZDEK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 2.43 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 1.54 | -0.69 |
Correlation
The correlation between UOCT and ZDEK 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.
Dividends
UOCT vs. ZDEK - Dividend Comparison
Neither UOCT nor ZDEK has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UOCT Innovator U.S. Equity Ultra Buffer ETF October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.33% |
ZDEK Innovator Equity Defined Protection ETF - 1 Yr December | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UOCT vs. ZDEK - Drawdown Comparison
The maximum UOCT drawdown since its inception was -13.68%, which is greater than ZDEK's maximum drawdown of -3.40%. Use the drawdown chart below to compare losses from any high point for UOCT and ZDEK.
Loading graphics...
Drawdown Indicators
| UOCT | ZDEK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.68% | -3.40% | -10.28% |
Max Drawdown (1Y)Largest decline over 1 year | -5.68% | -1.57% | -4.11% |
Max Drawdown (5Y)Largest decline over 5 years | -9.21% | — | — |
Current DrawdownCurrent decline from peak | -2.43% | -0.87% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -0.50% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 0.39% | +0.81% |
Volatility
UOCT vs. ZDEK - Volatility Comparison
Innovator U.S. Equity Ultra Buffer ETF October (UOCT) has a higher volatility of 2.70% compared to Innovator Equity Defined Protection ETF - 1 Yr December (ZDEK) at 0.97%. This indicates that UOCT's price experiences larger fluctuations and is considered to be riskier than ZDEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UOCT | ZDEK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 0.97% | +1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 4.57% | 2.01% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.64% | 3.33% | +5.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.65% | 3.45% | +3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.71% | 3.45% | +4.26% |