YSEP vs. EOCT

Last updated Jun 24, 2026

YSEP (FT Cboe Vest International Equity Buffer ETF - September) and EOCT (Innovator Emerging Markets Power Buffer ETF - October) are both Options Trading funds. Both are actively managed. Over the past 3 years, YSEP returned 11.79%/yr vs 13.31%/yr for EOCT. A 0.73 correlation means they provide meaningful diversification when combined. YSEP charges 0.90%/yr vs 0.89%/yr for EOCT.

Performance

YSEP vs. EOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest International Equity Buffer ETF - September (YSEP) and Innovator Emerging Markets Power Buffer ETF - October (EOCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YSEP achieves a 5.21% return, which is significantly lower than EOCT's 6.94% return.

YSEP

• 1D: -0.89%
• 1M: 0.47%
• YTD: 5.21%
• 6M: 5.06%
• 1Y: 14.37%
• 3Y*: 11.79%
• 5Y*: —
• 10Y*: —

EOCT

• 1D: -1.28%
• 1M: 0.17%
• YTD: 6.94%
• 6M: 7.59%
• 1Y: 22.61%
• 3Y*: 13.31%
• 5Y*: —
• 10Y*: —

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

YSEP vs. EOCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
YSEP FT Cboe Vest International Equity Buffer ETF - September	5.21%	19.88%	4.63%	15.48%	-9.75%	1.37%
EOCT Innovator Emerging Markets Power Buffer ETF - October	6.94%	22.03%	9.66%	6.26%	-10.75%	-0.22%

Correlation

The correlation between YSEP and EOCT is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.73

The correlation between YSEP and EOCT has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.

Return for Risk

YSEP vs. EOCT — Risk / Return Rank

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

YSEP

YSEP Risk / Return Rank: 59
YSEP Sharpe Ratio Rank: 57
YSEP Sortino Ratio Rank: 59
YSEP Omega Ratio Rank: 58
YSEP Calmar Ratio Rank: 59
YSEP Martin Ratio Rank: 64

EOCT

EOCT Risk / Return Rank: 83
EOCT Sharpe Ratio Rank: 83
EOCT Sortino Ratio Rank: 83
EOCT Omega Ratio Rank: 86
EOCT Calmar Ratio Rank: 80
EOCT Martin Ratio Rank: 82

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.

YSEP vs. EOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest International Equity Buffer ETF - September (YSEP) and Innovator Emerging Markets Power Buffer ETF - October (EOCT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	YSEP	EOCT	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.46	-0.71
Sortino ratio: Return per unit of downside risk	2.56	3.42	-0.86
Omega ratio: Gain probability vs. loss probability	1.33	1.48	-0.15
Calmar ratio: Return relative to maximum drawdown	2.66	3.83	-1.17
Martin ratio: Return relative to average drawdown	10.59	15.25	-4.66

YSEP vs. EOCT - Sharpe Ratio Comparison

The current YSEP Sharpe Ratio is 1.75, which is comparable to the EOCT Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of YSEP and EOCT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YSEP vs. EOCT - Drawdown Comparison

The maximum YSEP drawdown since its inception was -22.58%, which is greater than EOCT's maximum drawdown of -20.35%. Use the drawdown chart below to compare losses from any high point for YSEP and EOCT.

Drawdown Indicators

	YSEP	EOCT	Difference
Max Drawdown Largest peak-to-trough decline	-22.58%	-20.35%	-2.23%
Max Drawdown (1Y) Largest decline over 1 year	-5.43%	-5.93%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-8.75%	-10.76%	+2.01%
Current Drawdown Current decline from peak	-0.89%	-1.28%	+0.39%
Average Drawdown Average peak-to-trough decline	-4.10%	-5.63%	+1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.36%	1.49%	-0.13%

Volatility

YSEP vs. EOCT - Volatility Comparison

The current volatility for FT Cboe Vest International Equity Buffer ETF - September (YSEP) is 2.36%, while Innovator Emerging Markets Power Buffer ETF - October (EOCT) has a volatility of 2.87%. This indicates that YSEP experiences smaller price fluctuations and is considered to be less risky than EOCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YSEP	EOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	2.87%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	6.45%	7.09%	-0.64%
Volatility (1Y) Calculated over the trailing 1-year period	8.24%	9.22%	-0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.39%	11.31%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.39%	11.31%	+0.08%

YSEP vs. EOCT - Expense Ratio Comparison

YSEP has a 0.90% expense ratio, which is higher than EOCT's 0.89% expense ratio.

Dividends

YSEP vs. EOCT - Dividend Comparison

Neither YSEP nor EOCT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both YSEP and EOCT in my portfolio?

YSEP and EOCT have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YSEP or EOCT?

EOCT has higher volatility (2.87%) compared to YSEP (2.36%). In terms of maximum drawdown, YSEP dropped -22.58% vs EOCT's -20.35%.

Which ETF is better, YSEP or EOCT?

On 3-year performance, EOCT leads with 13.31% vs 11.79% for YSEP. On fees, EOCT is cheaper at 0.89% per year. On volatility, YSEP has been the lower-risk option at 2.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YSEP or EOCT?

Over the 3-year period, EOCT has performed better with a 13.31% return vs 11.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YSEP or EOCT?

EOCT is cheaper with a 0.89% expense ratio, compared with 0.90% for YSEP.

Which ETF pays a higher dividend yield, YSEP or EOCT?

YSEP and EOCT have nearly identical dividend yields, around 0.00%.

What is the main difference between YSEP and EOCT?

They also come from different issuers: FT Vest and Innovator. Their fees differ too: 0.90% for YSEP and 0.89% for EOCT.

Which has better risk-adjusted returns?

EOCT currently has the higher Sharpe Ratio (2.46 vs 1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.