BOCT vs SPXT

Comparison between Innovator U.S. Equity Buffer ETF - October (BOCT, ETF) and PROSHARES S&P 500 EX-TECHNOLOGY ETF (SPXT, ETF).

5-Year PerformanceBOCT has outperformed SPXT, delivering a return of +10.8% compared to +9.5%

BOCT vs SPXT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BOCT(ETF)	SPXT(ETF)
Net Assets	$284M	$284M
Expense Ratio	0.79%	0.09%
Max Drawdown	24.54%	34.38%
Sharpe Ratio	1.33	1.00
5Y Beta	0.65	0.74
P/E Ratio	N/A	22.08
Forward P/E	N/A	19.71
PEG Ratio	N/A	0.41
5Y Dividends CAGR	N/A	7.79%
5Y EPS CAGR	N/A	17.09%
Debt to Equity	N/A	39.20%
P/S Ratio	N/A	2.69
P/B Ratio	N/A	4.13

Net Assets

Winner

BOCT

$284M

SPXT

$284M

Expense Ratio

BOCT

0.79%

Winner

SPXT

0.09%

Max Drawdown

Winner

BOCT

24.54%

SPXT

34.38%

Sharpe Ratio

Winner

BOCT

1.33

SPXT

1.00

5Y Beta

Winner

BOCT

0.65

SPXT

0.74

P/E Ratio

BOCT

N/A

SPXT

22.08

Forward P/E

BOCT

N/A

SPXT

19.71

PEG Ratio

BOCT

N/A

SPXT

0.41

5Y Dividends CAGR

BOCT

N/A

SPXT

7.79%

5Y EPS CAGR

BOCT

N/A

SPXT

17.09%

Debt to Equity

BOCT

N/A

SPXT

39.20%

P/S Ratio

BOCT

N/A

SPXT

2.69

P/B Ratio

BOCT

N/A

SPXT

4.13

BOCT vs SPXT - Historical Returns

Returns include dividend reinvestment.

Period	BOCT	SPXT
1 month	+2.73%	+3.84%
3 months	+3.07%	+4.11%
6 months	+8.70%	+5.66%
1 year	+15.75%	+15.51%
5 years(CAGR)	+10.76%	+9.54%
10 years(CAGR)	N/A	+11.60%
Max(CAGR)	+10.59%	+11.92%

BOCT

+2.73%

Winner

SPXT

+3.84%

BOCT

+3.07%

Winner

SPXT

+4.11%

Winner

BOCT

+8.70%

SPXT

+5.66%

Winner

BOCT

+15.75%

SPXT

+15.51%

5Y(CAGR)

Winner

BOCT

+10.76%

SPXT

+9.54%

10Y(CAGR)

BOCT

N/A

SPXT

+11.60%

Max(CAGR)

BOCT

+10.59%

Winner

SPXT

+11.92%

BOCT vs SPXT - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	BOCT	SPXT
2026	+9.98%	+8.95%
2025	+14.45%	+15.31%
2024	+12.92%	+19.71%
2023	+21.51%	+16.43%
2022	-8.31%	-14.39%
2021	+16.09%	+28.06%
2020	+14.26%	+9.82%
2019	+18.62%	+26.20%
2018	-10.25%	-7.09%
2017	N/A	+17.70%
2016	N/A	+14.03%
2015	N/A	+6.52%

BOCT vs SPXT Drawdown Comparison

The maximum drawdown for BOCT was -24.54%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The maximum drawdown for SPXT was -34.38%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.

The current BOCT drawdown is -0.32%. The current SPXT drawdown is -0.16%.

Rank	BOCT	SPXT
#1	-24.54% Feb 19, 2020 - Aug 3, 2020	-34.38% Feb 19, 2020 - Sep 2, 2020
#2	-14.29% Jan 4, 2022 - May 26, 2023	-21.46% Jan 4, 2022 - Jan 26, 2024
#3	-13.61% Feb 19, 2025 - Jun 24, 2025	-18.68% Sep 24, 2018 - Jun 20, 2019
#4	-13.60% Oct 2, 2018 - Apr 12, 2019	-15.58% Jan 30, 2025 - Jul 3, 2025
#5	-7.44% Sep 14, 2023 - Nov 22, 2023	-10.46% Dec 22, 2015 - Apr 19, 2016
#6	-6.09% Feb 2, 2026 - Apr 14, 2026	-8.89% Jan 23, 2018 - Aug 24, 2018
#7	-5.17% Oct 12, 2020 - Nov 6, 2020	-8.22% Sep 2, 2020 - Nov 9, 2020
#8	-4.63% Jul 26, 2019 - Nov 7, 2019	-7.90% Feb 27, 2026 - Apr 17, 2026
#9	-4.13% Apr 30, 2019 - Jun 20, 2019	-5.80% Jul 26, 2019 - Sep 13, 2019
#10	-3.81% Sep 2, 2020 - Sep 30, 2020	-5.56% Jul 16, 2024 - Aug 19, 2024
#11	-3.53% Oct 28, 2025 - Dec 5, 2025	-4.96% Nov 5, 2021 - Dec 27, 2021
#12	-2.90% Jul 31, 2023 - Aug 31, 2023	-4.52% Sep 2, 2021 - Oct 20, 2021
#13	-2.70% Jul 16, 2024 - Aug 14, 2024	-4.50% Nov 29, 2024 - Jan 23, 2025
#14	-2.54% Nov 16, 2021 - Dec 10, 2021	-4.28% Mar 28, 2024 - May 15, 2024
#15	-2.46% Dec 4, 2024 - Jan 21, 2025	-4.11% Sep 13, 2019 - Oct 23, 2019

Correlation

Correlation between BOCT and SPXT is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2015 - 2026)

BOCT vs SPXT dividend yield comparison.

Year	BOCT	SPXT
2026	0.00%	0.63%
2025	0.00%	1.38%
2024	0.00%	1.29%
2023	0.00%	1.53%
2022	0.00%	1.86%
2021	0.00%	1.15%
2020	0.00%	1.63%
2019	0.20%	1.63%
2018	0.00%	2.03%
2017	0.00%	1.55%
2016	0.00%	2.67%
2015	0.00%	0.56%