POCT vs VTI
Innovator US Equity Power Buffer ETF - October vs Vanguard Morningstar Total Stock Market ETF
Which is better, POCT or VTI?
Option Writing against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. VTI is less concentrated, with 34.6% of the fund in its ten largest positions against 38.4%.
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 | VTI |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $1.1B | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 1,015 | 3,542 |
| YTD Return | +9.29% | +12.23%Best |
| 1Y Return | +10.32% | +12.74%Best |
| 3Y Return (annualized) | +11.44% | +21.44%Best |
| 5Y Return (annualized) | +9.72% | +10.83%Best |
| Volatility (annualized) | 7.5%Best | 17.0% |
| Max Drawdown | -18.8%Best | -35.0% |
| $10,000 over 5 years | $15,901 | $16,722Best |
| Top 10 Weight | 38.4% | 34.6%Best |
| Fund Family | Innovator ETFs Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Sep 28, 2018 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2018 to Nov 11, 2026 (8.1 years).
POCT vs VTI 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 VTI Performance
Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year POCT returned +10.32% while VTI returned +12.74%. Year to date, POCT is up 9.29% versus a gain of 12.23% for VTI.
Over three years, POCT compounded at +11.44% per year against +21.44% for VTI; over five years the annualized figures are +9.72% and +10.83% respectively. Across the full 8-year window we track, VTI has the edge at +13.04% annualized vs +8.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 VTI 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 1.06% for VTI.
Holdings Overlap
98.0% of POCT's money is in holdings VTI also owns. 86.9% of VTI's money is in holdings POCT also owns.
Most of POCT is already inside VTI. Owning both mostly buys the same companies twice.
490 positions in common, counted across the 494 positions we hold weights for in POCT and 3,464 in VTI, against full books of 1,015 and 3,542.
What only one of them owns
Our book lists 642 positions for VTI that do not appear in our book for POCT (10.0% of the fund), and 4 for POCT that do not appear in VTI (0.7%).
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 VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.96% | 7.13% | 0.83% |
| AAPLApple Inc | 7.44% | 6.63% | 0.81% |
| MSFTMicrosoft Corp | 5.89% | 5.19% | 0.70% |
| AMZNAmazon.Com Inc | 3.71% | 3.30% | 0.41% |
| GOOGLAlphabet Inc | 3.03% | 2.76% | 0.27% |
| AVGOBroadcom Inc | 2.45% | 2.28% | 0.17% |
| GOOGAlphabet Inc. C | 2.43% | 2.18% | 0.25% |
| METAMeta Platforms Inc | 2.42% | 2.18% | 0.24% |
| MUMicron Technology, Inc. | 1.53% | 1.64% | 0.11% |
| TSLATesla Inc | 1.54% | 1.36% | 0.18% |
98.0% of POCT is already inside VTI.
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 VTI?
POCT has an expense ratio of 0.79% while VTI charges 0.03%. VTI is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, POCT or VTI?
Over the past year POCT returned +10.32% vs +12.74% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (8 years), POCT annualized +8.87% vs +13.04% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POCT or VTI?
VTI has been the more volatile fund at 17.0% annualized versus 7.5% for POCT. Worst drawdown: POCT -18.8% vs VTI -35.0%.
Should I hold both POCT and VTI?
POCT and VTI have a monthly-return correlation of 0.94, 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 VTI?
98.0% of POCT's money is in holdings VTI also owns. 86.9% of VTI's is in holdings POCT also owns. They hold 490 positions in common, counted across the 494 positions we hold weights for in POCT and 3,464 in VTI.
Which pays a higher dividend, POCT or VTI?
POCT yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than POCT?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. VTI is less concentrated, with 34.6% of the fund in its ten largest positions against 38.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.