XAPR vs. OCTQ

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) and Innovator Premium Income 40 Barrier ETF - October (OCTQ).

XAPR and OCTQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XAPR is an actively managed fund by FT Vest. It was launched on Apr 18, 2024. OCTQ is an actively managed fund by Innovator. It was launched on Sep 29, 2023.

Performance

XAPR vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

XAPR vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
XAPR FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April	0.61%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

Returns By Period

XAPR

• 1D: 0.22%
• 1M: 0.35%
• YTD: 1.10%
• 6M: 2.86%
• 1Y: 12.23%
• 3Y*: —
• 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)

XAPR vs. OCTQ - Expense Ratio Comparison

XAPR has a 0.85% expense ratio, which is higher than OCTQ's 0.79% expense ratio.

XAPR

FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April

OCTQ

Innovator Premium Income 40 Barrier ETF - October

Return for Risk

XAPR vs. OCTQ — Risk / Return Rank

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

XAPR

XAPR Risk / Return Rank: 88
XAPR Sharpe Ratio Rank: 79
XAPR Sortino Ratio Rank: 88
XAPR Omega Ratio Rank: 98
XAPR Calmar Ratio Rank: 76
XAPR Martin Ratio Rank: 97

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.

XAPR vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) 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.

	XAPR	OCTQ	Difference
Sharpe ratio Return per unit of total volatility	1.51	—	—
Sortino ratio Return per unit of downside risk	2.48	—	—
Omega ratio Gain probability vs. loss probability	1.66	—	—
Calmar ratio Return relative to maximum drawdown	2.01	—	—
Martin ratio Return relative to average drawdown	18.98	—	—
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

	XAPR	OCTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	—	—

Dividends

XAPR vs. OCTQ - Dividend Comparison

Neither XAPR nor OCTQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XAPR vs. OCTQ - Drawdown Comparison

The maximum XAPR drawdown since its inception was -6.18%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XAPR and OCTQ.

Drawdown Indicators

	XAPR	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-6.18%	0.00%	-6.18%
Max Drawdown (1Y) Largest decline over 1 year	-6.18%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.18%	0.00%	-0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	—	—

Volatility

Volatility by Period

	XAPR	OCTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.15%	0.00%	+8.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.41%	0.00%	+6.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.41%	0.00%	+6.41%