OCTH vs VYM
Innovator Premium Income 20 Barrier ETF - October vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | OCTH | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.04% | |
| AUM | $18M | $81.6B | |
| Dividend Yield | 6.15% | 2.24% | |
| Holdings | 6 | 616 | |
| YTD Return | +1.04% | +14.95% | |
| 1Y Return | +1.72% | +21.14% | |
| 3Y Return (annualized) | +0.57% | +18.69% | |
| 5Y Return (annualized) | - | +12.00% | |
| Volatility (annualized) | 3.3% | 14.6% | |
| Max Drawdown | -13.6% | -58.8% | |
| Fund Family | Innovator ETFs Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 2, 2023 | Nov 10, 2006 |
OCTH vs VYM Performance
Innovator Premium Income 20 Barrier ETF - October (OCTH) is a ETF from Innovator ETFs Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OCTH returned +1.72% while VYM returned +21.14%. Year to date, OCTH is up 1.04% versus a gain of 14.95% for VYM.
Over three years, OCTH compounded at +0.57% per year against +18.69% for VYM. Across the full 3-year window we track, VYM has the edge at +7.01% annualized vs +0.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 3.3% for OCTH. 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 -13.6% for OCTH and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OCTH charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, OCTH currently yields 6.15% against 2.24% for VYM.
Frequently Asked Questions
Which is cheaper, OCTH or VYM?
OCTH has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $75 per year of difference.
Which performed better, OCTH or VYM?
Over the past year OCTH returned +1.72% vs +21.14% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), OCTH annualized +0.57% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, OCTH or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 3.3% for OCTH. Worst drawdown: OCTH -13.6% vs VYM -58.8%.
Should I hold both OCTH and VYM?
OCTH and VYM have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, OCTH or VYM?
OCTH yields 6.15% while VYM yields 2.24%, so OCTH currently pays the higher dividend yield.
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