XBOC vs. AIOO

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator U.S. Equity Accelerated 9 Buffer ETF - October (XBOC) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO).

XBOC and AIOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBOC is an actively managed fund by Innovator. It was launched on Sep 30, 2021. AIOO is an actively managed fund by Allianz. It was launched on Jun 30, 2025.

Performance

XBOC vs. AIOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Accelerated 9 Buffer ETF - October (XBOC) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). The values are adjusted to include any dividend payments, if applicable.

XBOC vs. AIOO - Yearly Performance Comparison

	2026 (YTD)	2025
XBOC Innovator U.S. Equity Accelerated 9 Buffer ETF - October	-1.99%	5.58%
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	0.01%	2.67%

Returns By Period

In the year-to-date period, XBOC achieves a -1.99% return, which is significantly lower than AIOO's 0.01% return.

XBOC

• 1D: 2.03%
• 1M: -2.59%
• YTD: -1.99%
• 6M: 0.26%
• 1Y: 10.44%
• 3Y*: 10.19%
• 5Y*: —
• 10Y*: —

AIOO

• 1D: 0.08%
• 1M: -0.25%
• YTD: 0.01%
• 6M: 0.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBOC vs. AIOO - Expense Ratio Comparison

XBOC has a 0.79% expense ratio, which is higher than AIOO's 0.64% expense ratio.

XBOC

Innovator U.S. Equity Accelerated 9 Buffer ETF - October

AIOO

AllianzIM U.S. Equity Buffer100 Protection ETF

Return for Risk

XBOC vs. AIOO — Risk / Return Rank

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

XBOC

XBOC Risk / Return Rank: 52
XBOC Sharpe Ratio Rank: 44
XBOC Sortino Ratio Rank: 47
XBOC Omega Ratio Rank: 63
XBOC Calmar Ratio Rank: 43
XBOC Martin Ratio Rank: 65

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.

XBOC vs. AIOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated 9 Buffer ETF - October (XBOC) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). 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.

	XBOC	AIOO	Difference
Sharpe ratio Return per unit of total volatility	0.83	—	—
Sortino ratio Return per unit of downside risk	1.30	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	1.14	—	—
Martin ratio Return relative to average drawdown	6.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XBOC	AIOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	1.82	-1.11

Correlation

The correlation between XBOC and AIOO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XBOC vs. AIOO - Dividend Comparison

Neither XBOC nor AIOO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XBOC vs. AIOO - Drawdown Comparison

The maximum XBOC drawdown since its inception was -13.35%, which is greater than AIOO's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for XBOC and AIOO.

Drawdown Indicators

	XBOC	AIOO	Difference
Max Drawdown Largest peak-to-trough decline	-13.35%	-0.74%	-12.61%
Max Drawdown (1Y) Largest decline over 1 year	-9.58%	—	—
Current Drawdown Current decline from peak	-3.06%	-0.45%	-2.61%
Average Drawdown Average peak-to-trough decline	-2.15%	-0.19%	-1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	—	—

Volatility

Volatility by Period

	XBOC	AIOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.64%	1.99%	+10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.03%	1.99%	+8.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.03%	1.99%	+8.04%