POCT vs XBAP
Innovator US Equity Power Buffer ETF - October vs Innovator US Equity Accelerated 9 Buffer ETF - April
Which is better, POCT or XBAP?
XBAP has been ahead.
XBAP led over 1Y, 3Y 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 | POCT | XBAP |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $1.1B | $127M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 1,015 | 18 |
| YTD Return | +9.29% | +11.88%Best |
| 1Y Return | +10.32% | +13.37%Best |
| 3Y Return (annualized) | +11.44% | +13.52%Best |
| 5Y Return (annualized) | +9.72%Tie | +9.72%Tie |
| Volatility (annualized) | 6.4%Best | 8.5% |
| Max Drawdown | -10.2%Best | -14.6% |
| $10,000 over 5 years | $15,901Tie | $15,901Tie |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 28, 2018 | Mar 31, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2021 to Nov 11, 2026 (5.6 years).
POCT vs XBAP 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 5.6 years both funds cover.
POCT vs XBAP Performance
Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust and Innovator US Equity Accelerated 9 Buffer ETF - April (XBAP) is an ETF from Innovator ETFs Trust. Over the past year POCT returned +10.32% while XBAP returned +13.37%. Year to date, POCT is up 9.29% versus a gain of 11.88% for XBAP.
Over three years, POCT compounded at +11.44% per year against +13.52% for XBAP; over five years the annualized figures are +9.72% and +9.72% respectively. Across the full 6-year window we track, XBAP has the edge at +9.84% annualized vs +9.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XBAP has been the more volatile fund, with annualized monthly volatility of 8.5% compared with 6.4% 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 -10.2% for POCT and -14.6% for XBAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
POCT charges 0.79% per year while XBAP charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, POCT currently yields 0.00% against 0.00% for XBAP.
Holdings Overlap
We hold position weights for 494 holdings in POCT and 1 in XBAP, totalling 98.7% and 105.6% 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 494 positions we hold weights for in POCT and 1 in XBAP, against full books of 1,015 and 18.
You are not choosing between two funds in isolation.
Whichever of POCT and XBAP 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, POCT or XBAP?
POCT has an expense ratio of 0.79% while XBAP charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, POCT or XBAP?
Over the past year POCT returned +10.32% vs +13.37% for XBAP, so XBAP leads on 1-year performance. Over the longest common window we track (6 years), POCT annualized +9.68% vs +9.84% for XBAP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POCT or XBAP?
XBAP has been the more volatile fund at 8.5% annualized versus 6.4% for POCT. Worst drawdown: POCT -10.2% vs XBAP -14.6%.
Should I hold both POCT and XBAP?
POCT and XBAP have a monthly-return correlation of 0.85, 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, POCT or XBAP?
POCT yields 0.00% while XBAP yields 0.00%, so XBAP currently pays the higher dividend yield.
Is XBAP better than POCT?
XBAP led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.