FAAR vs UOCT

Comparison between FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF (FAAR, ETF) and Innovator U.S. Equity Ultra Buffer ETF - October (UOCT, ETF).

5-Year PerformanceUOCT has outperformed FAAR, delivering a return of +8.3% compared to +7.3%

FAAR vs UOCT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FAAR(ETF)	UOCT(ETF)
Net Assets	$178M	$178M
Expense Ratio	0.98%	0.79%
Max Drawdown	27.93%	13.91%
Sharpe Ratio	1.37	1.28
5Y Beta	0.15	0.41
5Y Dividends CAGR	31.22%	N/A

Net Assets

Winner

FAAR

$178M

UOCT

$178M

Expense Ratio

FAAR

0.98%

Winner

UOCT

0.79%

Max Drawdown

FAAR

27.93%

Winner

UOCT

13.91%

Sharpe Ratio

Winner

FAAR

1.37

UOCT

1.28

5Y Beta

Winner

FAAR

0.15

UOCT

0.41

5Y Dividends CAGR

FAAR

31.22%

UOCT

N/A

FAAR vs UOCT - Historical Returns

Returns include dividend reinvestment.

Period	FAAR	UOCT
1 month	-3.29%	+0.78%
3 months	-6.91%	+3.58%
6 months	+9.92%	+5.72%
1 year	+21.29%	+11.18%
5 years(CAGR)	+7.32%	+8.34%
10 years(CAGR)	+4.43%	N/A
Max(CAGR)	+4.28%	+7.23%

FAAR

-3.29%

Winner

UOCT

+0.78%

FAAR

-6.91%

Winner

UOCT

+3.58%

Winner

FAAR

+9.92%

UOCT

+5.72%

Winner

FAAR

+21.29%

UOCT

+11.18%

5Y(CAGR)

FAAR

+7.32%

Winner

UOCT

+8.34%

10Y(CAGR)

FAAR

+4.43%

UOCT

N/A

Max(CAGR)

FAAR

+4.28%

Winner

UOCT

+7.23%

FAAR vs UOCT - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FAAR	UOCT
2026	+15.89%	+5.81%
2025	+6.84%	+10.60%
2024	+5.74%	+9.22%
2023	-4.73%	+19.09%
2022	+10.10%	-4.43%
2021	+12.29%	+6.56%
2020	+11.07%	+7.82%
2019	-1.61%	+11.28%
2018	-8.92%	-6.19%
2017	+5.00%	N/A
2016	-3.78%	N/A

FAAR vs UOCT Drawdown Comparison

The maximum drawdown for FAAR was -18.06%, occurring on Apr 8, 2025. Recovery took 901 trading sessions.

The maximum drawdown for UOCT was -13.68%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current FAAR drawdown is -8.54%. The current UOCT drawdown is -0.07%.

Rank	FAAR	UOCT
#1	-18.06% Jun 9, 2022 - Jan 13, 2026	-13.68% Feb 19, 2020 - Jul 20, 2020
#2	-16.65% May 21, 2018 - Feb 22, 2021	-9.21% Feb 19, 2025 - Jun 10, 2025
#3	-12.20% Jul 13, 2021 - Feb 7, 2022	-8.67% Jan 4, 2022 - Apr 3, 2023
#4	-8.94% May 18, 2026 - Jul 10, 2026	-7.72% Oct 2, 2018 - Apr 12, 2019
#5	-6.77% May 3, 2017 - Jan 11, 2018	-5.05% Jul 26, 2019 - Nov 27, 2019
#6	-6.33% Mar 8, 2022 - Jun 9, 2022	-4.34% May 3, 2019 - Jun 20, 2019
#7	-5.93% Jul 13, 2016 - May 3, 2017	-4.24% Jan 27, 2026 - Apr 14, 2026
#8	-5.87% Jun 8, 2021 - Jul 13, 2021	-3.08% Oct 16, 2023 - Nov 3, 2023
#9	-5.76% Jan 24, 2018 - May 21, 2018	-2.50% Oct 12, 2020 - Nov 6, 2020
#10	-3.63% Feb 24, 2021 - Apr 29, 2021	-2.22% Oct 28, 2025 - Dec 3, 2025
#11	-2.88% Jan 29, 2026 - Feb 19, 2026	-1.70% Jul 31, 2024 - Aug 13, 2024
#12	-2.70% Mar 20, 2026 - Apr 2, 2026	-1.57% Dec 6, 2024 - Jan 21, 2025
#13	-2.24% Apr 30, 2026 - May 18, 2026	-1.48% Nov 5, 2021 - Dec 27, 2021
#14	-2.03% Feb 11, 2022 - Feb 22, 2022	-1.36% Jun 4, 2026 - Jun 15, 2026
#15	-1.98% Feb 23, 2022 - Mar 1, 2022	-1.25% Mar 28, 2024 - May 3, 2024