POCT vs VOO
Innovator US Equity Power Buffer ETF - October vs Vanguard S&P 500 ETF
Which is better, POCT or VOO?
Option Writing against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 39.1%.
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 | POCT | VOO |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $1.1B | $1.0T |
| Dividend Yield | 0.00% | 1.05% |
| Holdings | 1,015 | 519 |
| YTD Return | +8.70% | +11.07%Best |
| 1Y Return | +9.68% | +11.71%Best |
| 3Y Return (annualized) | +11.26% | +21.10%Best |
| 5Y Return (annualized) | +9.56% | +11.55%Best |
| Volatility (annualized) | 7.5%Best | 16.5% |
| Max Drawdown | -18.8%Best | -34.3% |
| $10,000 over 5 years | $15,786 | $17,272Best |
| Top 10 Weight | 38.4%Best | 39.1% |
| Fund Family | Innovator ETFs Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Sep 28, 2018 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2018 to Nov 9, 2026 (8.1 years).
POCT vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.1 years both funds cover.
POCT vs VOO Performance
Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year POCT returned +9.68% while VOO returned +11.71%. Year to date, POCT is up 8.70% versus a gain of 11.07% for VOO.
Over three years, POCT compounded at +11.26% per year against +21.10% for VOO; over five years the annualized figures are +9.56% and +11.55% respectively. Across the full 8-year window we track, VOO has the edge at +13.53% annualized vs +8.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 7.5% for POCT. 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 -18.8% for POCT and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
POCT charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, POCT currently yields 0.00% against 1.05% for VOO.
Holdings Overlap
97.9% of POCT's money is in holdings VOO also owns. 98.6% of VOO's money is in holdings POCT also owns.
Most of VOO is already inside POCT. Owning both mostly buys the same companies twice.
489 positions in common, counted across the 494 positions we hold weights for in POCT and 506 in VOO, against full books of 1,015 and 519.
What only one of them owns
Our book lists 12 positions for VOO that do not appear in our book for POCT (1.3% of the fund), and 5 for POCT that do not appear in VOO (0.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in POCT | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.96% | 8.39% | 0.43% |
| AAPLApple Inc | 7.44% | 7.38% | 0.06% |
| MSFTMicrosoft Corp | 5.89% | 5.78% | 0.11% |
| AMZNAmazon.Com Inc | 3.71% | 3.71% | 0.00% |
| GOOGLAlphabet Inc | 3.03% | 3.07% | 0.04% |
| AVGOBroadcom Inc | 2.45% | 2.54% | 0.09% |
| GOOGAlphabet Inc. C | 2.43% | 2.45% | 0.02% |
| METAMeta Platforms Inc | 2.42% | 2.43% | 0.01% |
| MUMicron Technology, Inc. | 1.53% | 1.83% | 0.30% |
| TSLATesla Inc | 1.54% | 1.52% | 0.02% |
98.6% of VOO is already inside POCT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, POCT or VOO?
POCT has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, POCT or VOO?
Over the past year POCT returned +9.68% vs +11.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), POCT annualized +8.81% vs +13.53% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POCT or VOO?
VOO has been the more volatile fund at 16.5% annualized versus 7.5% for POCT. Worst drawdown: POCT -18.8% vs VOO -34.3%.
Should I hold both POCT and VOO?
POCT and VOO have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between POCT and VOO?
98.6% of VOO's money is in holdings POCT also owns. 98.6% of VOO's is in holdings POCT also owns. They hold 489 positions in common, counted across the 494 positions we hold weights for in POCT and 506 in VOO.
Which pays a higher dividend, POCT or VOO?
POCT yields 0.00% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than POCT?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.