POCT vs YMAG
Innovator US Equity Power Buffer ETF - October vs YieldMax Magnificent 7 Fund of Option Income ETF
Which is better, POCT or YMAG?
Each has led over a different period.
POCT has a lower expense ratio. POCT led over 1Y, YMAG over the full window. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 47.9%.
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 | YMAG |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.34% |
| AUM | $1.1B | $262M |
| Dividend Yield | 0.00% | 51.36% |
| Holdings | 1,015 | 158 |
| YTD Return | +7.18%Best | +3.20% |
| 1Y Return | +9.11%Best | +3.96% |
| 3Y Return (annualized) | +10.87% | - |
| 5Y Return (annualized) | +9.23% | - |
| Volatility (annualized) | 5.5%Best | 17.7% |
| Max Drawdown | -10.2%Best | -26.0% |
| $10,000 over 2.8 years | $12,854 | $16,626Best |
| Top 10 Weight | 38.4%Best | 47.9% |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 28, 2018 | Jan 29, 2024 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 30, 2024 to Nov 6, 2026 (2.8 years).
POCT vs YMAG 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 2.8 years both funds cover.
POCT vs YMAG Performance
Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) is an ETF from YieldMax ETF. Over the past year POCT returned +9.11% while YMAG returned +3.96%. Year to date, POCT is up 7.18% versus a gain of 3.20% for YMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YMAG has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 5.5% 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 -10.2% for POCT and -26.0% for YMAG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
POCT charges 0.79% per year while YMAG charges 1.34%. On a $10,000 position that is $79 vs $134 annually, a gap of $55 per year that compounds over a long holding period. On income, POCT currently yields 0.00% against 51.36% for YMAG.
Holdings Overlap
39.8% of POCT's money is in holdings YMAG also owns. 89.5% of YMAG's money is in holdings POCT also owns.
Most of YMAG is already inside POCT. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 494 positions we hold weights for in POCT and 25 in YMAG, against full books of 1,015 and 158.
What only one of them owns
Our book lists 1 positions for YMAG that do not appear in our book for POCT (2.5% of the fund), and 472 for POCT that do not appear in YMAG (58.9%).
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 YMAG | Difference |
|---|---|---|---|
| AAPLApple Inc | 7.44% | 5.33% | 2.11% |
| NVDANvidia Corp | 7.96% | 3.86% | 4.10% |
| MSFTMicrosoft Corp | 5.89% | 5.62% | 0.27% |
| AMZNAmazon.Com Inc | 3.71% | 3.96% | 0.25% |
| METAMeta Platforms Inc | 2.42% | 5.20% | 2.78% |
| GOOGLAlphabet Inc | 3.03% | 4.55% | 1.52% |
| AMDAdvanced Micro Devices Inc | 1.38% | 4.97% | 3.59% |
| PLTRPalantir Technologies Inc. | 0.69% | 5.08% | 4.39% |
| AVGOBroadcom Inc | 2.45% | 3.08% | 0.63% |
| NOWServicenow, Inc. | 0.21% | 4.94% | 4.73% |
89.5% of YMAG 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 YMAG?
POCT has an expense ratio of 0.79% while YMAG charges 1.34%. POCT is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, POCT or YMAG?
Over the past year POCT returned +9.11% vs +3.96% for YMAG, so POCT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POCT or YMAG?
YMAG has been the more volatile fund at 17.7% annualized versus 5.5% for POCT. Worst drawdown: POCT -10.2% vs YMAG -26.0%.
Should I hold both POCT and YMAG?
POCT and YMAG have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between POCT and YMAG?
89.5% of YMAG's money is in holdings POCT also owns. 89.5% of YMAG's is in holdings POCT also owns. They hold 22 positions in common, counted across the 494 positions we hold weights for in POCT and 25 in YMAG.
Which pays a higher dividend, POCT or YMAG?
POCT yields 0.00% while YMAG yields 51.36%, so YMAG currently pays the higher dividend yield.
Is YMAG better than POCT?
POCT has a lower expense ratio. POCT led over 1Y, YMAG over the full window. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 47.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.