KOCT vs FPA

Comparison between Innovator U.S. Small Cap Power Buffer ETF - October (KOCT, ETF) and FIRST TRUST ASIA PACIFIC EX-JAPAN ALPHADEX FUND (FPA, ETF).

5-Year PerformanceFPA has outperformed KOCT, delivering a return of +12.6% compared to +6.6%

KOCT vs FPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KOCT(ETF)	FPA(ETF)
Net Assets	$142M	$142M
Expense Ratio	0.79%	0.80%
Max Drawdown	28.22%	55.79%
Sharpe Ratio	1.56	1.89
5Y Beta	0.58	0.92
5Y Dividends CAGR	N/A	24.87%

Net Assets

Winner

KOCT

$142M

FPA

$142M

Expense Ratio

Winner

KOCT

0.79%

FPA

0.80%

Max Drawdown

Winner

KOCT

28.22%

FPA

55.79%

Sharpe Ratio

KOCT

1.56

Winner

FPA

1.89

5Y Beta

Winner

KOCT

0.58

FPA

0.92

5Y Dividends CAGR

KOCT

N/A

FPA

24.87%

KOCT vs FPA - Historical Returns

Returns include dividend reinvestment.

Period	KOCT	FPA
1 month	+1.75%	+3.61%
3 months	+9.75%	+23.27%
6 months	+8.58%	+47.37%
1 year	+22.21%	+66.19%
5 years(CAGR)	+6.56%	+12.58%
10 years(CAGR)	N/A	+11.01%
Max(CAGR)	+6.61%	+7.10%

KOCT

+1.75%

Winner

FPA

+3.61%

KOCT

+9.75%

Winner

FPA

+23.27%

KOCT

+8.58%

Winner

FPA

+47.37%

KOCT

+22.21%

Winner

FPA

+66.19%

5Y(CAGR)

KOCT

+6.56%

Winner

FPA

+12.58%

10Y(CAGR)

KOCT

N/A

FPA

+11.01%

Max(CAGR)

KOCT

+6.61%

Winner

FPA

+7.10%

KOCT vs FPA - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	KOCT	FPA
2026	+8.90%	+44.35%
2025	+10.25%	+41.95%
2024	+11.41%	+5.55%
2023	+9.51%	+13.27%
2022	-8.38%	-14.58%
2021	+6.08%	+1.29%
2020	+2.53%	+13.32%
2019	+5.28%	+8.59%
2018	N/A	-22.54%
2017	N/A	+33.88%
2016	N/A	+2.79%
2015	N/A	+0.37%
2014	N/A	+5.58%
2013	N/A	+3.11%
2012	N/A	+24.72%
2011	N/A	-24.40%

KOCT vs FPA Drawdown Comparison

The maximum drawdown for KOCT was -28.22%, occurring on Mar 18, 2020. Recovery took 194 trading sessions.

The maximum drawdown for FPA was -52.90%, occurring on Mar 23, 2020. Recovery took 808 trading sessions.

The current FPA drawdown is -6.94%.

Rank	KOCT	FPA
#1	-28.22% Feb 20, 2020 - Nov 24, 2020	-52.90% Jan 26, 2018 - Apr 14, 2021
#2	-16.63% Nov 8, 2021 - Jul 31, 2023	-37.78% Jul 26, 2011 - May 14, 2014
#3	-15.03% Nov 25, 2024 - Aug 13, 2025	-35.36% Jun 2, 2021 - May 23, 2025
#4	-13.80% Jul 31, 2023 - Mar 27, 2024	-24.59% Apr 28, 2015 - May 22, 2017
#5	-4.95% Jan 22, 2026 - Apr 13, 2026	-15.34% Feb 26, 2026 - Apr 30, 2026
#6	-4.50% Jul 31, 2024 - Aug 23, 2024	-13.25% Aug 26, 2014 - Apr 6, 2015
#7	-4.34% Oct 27, 2025 - Dec 3, 2025	-12.96% Jun 1, 2026 - Jun 5, 2026
#8	-3.85% Mar 28, 2024 - May 14, 2024	-7.08% May 14, 2026 - May 26, 2026
#9	-2.25% Sep 18, 2025 - Oct 14, 2025	-6.98% Apr 26, 2011 - Jul 7, 2011
#10	-2.17% Nov 11, 2024 - Nov 25, 2024	-6.39% Nov 3, 2025 - Jan 6, 2026
#11	-2.17% Aug 30, 2024 - Sep 13, 2024	-4.74% Sep 16, 2025 - Oct 20, 2025
#12	-1.94% May 21, 2024 - Jul 11, 2024	-4.40% Jul 26, 2017 - Sep 12, 2017
#13	-1.83% Dec 11, 2025 - Jan 6, 2026	-4.40% May 6, 2026 - May 14, 2026
#14	-1.81% Aug 13, 2025 - Aug 22, 2025	-4.08% Sep 18, 2017 - Oct 12, 2017
#15	-1.79% Jan 16, 2020 - Feb 12, 2020	-3.80% May 7, 2021 - Jun 2, 2021

Correlation

Correlation between KOCT and FPA is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2011 - 2026)

KOCT vs FPA dividend yield comparison.

Year	KOCT	FPA
2026	0.00%	0.77%
2025	0.00%	4.71%
2024	0.00%	3.40%
2023	0.00%	3.02%
2022	0.00%	4.22%
2021	0.00%	5.12%
2020	0.00%	1.59%
2019	0.79%	3.90%
2018	0.00%	2.81%
2017	0.00%	3.15%
2016	0.00%	2.42%
2015	0.00%	1.74%
2014	0.00%	4.11%
2013	0.00%	2.35%
2012	0.00%	1.59%
2011	0.00%	2.17%