AOCT vs IAE
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 vs Voya Asia Pacific High Dividend Equity Income Fund
Which is better, AOCT or IAE?
IAE has been ahead.
AOCT has a lower expense ratio. IAE led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AOCT | IAE |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.21% |
| AUM | $61M | $95M |
| Dividend Yield | 0.00% | 8.68% |
| Holdings | 15 | 271 |
| Volatility (annualized) | 2.5%Best | 24.1% |
| Max Drawdown | -3.7%Best | -23.3% |
| $10,000 over 2 years | $11,238 | $12,731Best |
| Fund Family | Innovator ETFs Trust | Voya Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 2, 2024 | Mar 27, 2007 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 10 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AOCT has data through Oct 23, 2026 and IAE through Oct 13, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Oct 13, 2026 (2 years).
Risk: Volatility and Drawdowns
IAE has been the more volatile fund, with annualized monthly volatility of 24.1% compared with 2.5% for AOCT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.7% for AOCT and -23.3% for IAE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AOCT charges 0.79% per year while IAE charges 1.21%. On a $10,000 position that is $79 vs $121 annually, a gap of $42 per year that compounds over a long holding period. On income, AOCT currently yields 0.00% against 8.68% for IAE.
Holdings Overlap
We hold position weights for 1 holding in AOCT and 248 in IAE, totalling 97.9% and 98.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AOCT and 248 in IAE, against full books of 15 and 271.
You are not choosing between two funds in isolation.
Whichever of AOCT and IAE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AOCT or IAE?
AOCT has an expense ratio of 0.79% while IAE charges 1.21%. AOCT is the cheaper option, by $42 a year on a $10,000 investment.
Which is riskier, AOCT or IAE?
IAE has been the more volatile fund at 24.1% annualized versus 2.5% for AOCT. Worst drawdown: AOCT -3.7% vs IAE -23.3%.
Should I hold both AOCT and IAE?
AOCT and IAE have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AOCT or IAE?
AOCT yields 0.00% while IAE yields 8.68%, so IAE currently pays the higher dividend yield.
Is IAE better than AOCT?
AOCT has a lower expense ratio. IAE led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.