MSTI vs AOCT

Comparison between MADISON SHORT-TERM STRATEGIC INCOME ETF (MSTI, ETF) and Innovator Equity Defined Protection ETF - 2 Yr to October 2026 (AOCT, ETF).

MSTI vs AOCT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTI(ETF)	AOCT(ETF)
Net Assets	$49M	$49M
Expense Ratio	0.36%	0.79%
Max Drawdown	3.14%	3.71%
Sharpe Ratio	-0.10	1.00
5Y Beta	0.04	0.19

Net Assets

MSTI

$49M

Winner

AOCT

$49M

Expense Ratio

Winner

MSTI

0.36%

AOCT

0.79%

Max Drawdown

Winner

MSTI

3.14%

AOCT

3.71%

Sharpe Ratio

MSTI

-0.10

Winner

AOCT

1.00

5Y Beta

Winner

MSTI

0.04

AOCT

0.19

MSTI vs AOCT - Historical Returns

Returns include dividend reinvestment.

Period	MSTI	AOCT
1 month	+0.07%	+0.59%
3 months	+0.03%	+1.97%
6 months	+0.58%	+3.31%
1 year	+3.46%	+6.40%
Max(CAGR)	+5.59%	+5.65%

MSTI

+0.07%

Winner

AOCT

+0.59%

MSTI

+0.03%

Winner

AOCT

+1.97%

MSTI

+0.58%

Winner

AOCT

+3.31%

MSTI

+3.46%

Winner

AOCT

+6.40%

Max(CAGR)

MSTI

+5.59%

Winner

AOCT

+5.65%

MSTI vs AOCT - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	MSTI	AOCT
2026	+0.65%	+3.39%
2025	+6.12%	+7.18%
2024	+5.14%	-0.04%
2023	+4.14%	N/A

MSTI vs AOCT Drawdown Comparison

The maximum drawdown for MSTI was -1.48%, occurring on Oct 19, 2023. Recovery took 37 trading sessions.

The maximum drawdown for AOCT was -3.71%, occurring on Apr 8, 2025. Recovery took 60 trading sessions.

The current MSTI drawdown is -0.35%.

Rank	MSTI	AOCT
#1	-1.48% Sep 13, 2023 - Nov 3, 2023	-3.71% Feb 19, 2025 - May 15, 2025
#2	-1.32% Feb 20, 2026 - May 1, 2026	-1.65% Feb 10, 2026 - Apr 9, 2026
#3	-1.22% Oct 2, 2024 - Jan 24, 2025	-1.24% Dec 16, 2024 - Jan 23, 2025
#4	-1.07% Apr 3, 2025 - Apr 25, 2025	-0.88% Oct 16, 2024 - Nov 26, 2024
#5	-1.07% Mar 27, 2024 - May 3, 2024	-0.81% Oct 27, 2025 - Nov 28, 2025
#6	-0.97% Feb 1, 2024 - Mar 8, 2024	-0.60% Oct 1, 2024 - Oct 14, 2024
#7	-0.81% May 1, 2026 - Jun 26, 2026	-0.54% Jan 16, 2026 - Jan 23, 2026
#8	-0.67% Sep 23, 2025 - Oct 21, 2025	-0.44% May 15, 2025 - May 29, 2025
#9	-0.65% Apr 30, 2025 - May 19, 2025	-0.44% Dec 4, 2024 - Dec 16, 2024
#10	-0.62% Dec 27, 2023 - Jan 11, 2024	-0.42% Jul 3, 2025 - Jul 21, 2025
#11	-0.56% Jan 12, 2024 - Feb 1, 2024	-0.37% Oct 6, 2025 - Oct 20, 2025
#12	-0.49% Mar 11, 2024 - Mar 27, 2024	-0.36% Feb 2, 2026 - Feb 9, 2026
#13	-0.49% May 19, 2025 - May 29, 2025	-0.35% Aug 6, 2025 - Aug 12, 2025
#14	-0.46% Feb 4, 2025 - Feb 21, 2025	-0.34% Aug 13, 2025 - Aug 22, 2025
#15	-0.44% Jun 29, 2026 - Jul 13, 2026	-0.31% Jun 2, 2026 - Jun 12, 2026