TOCT vs MUNX

Comparison between Innovator Equity Defined Protection ETF 2 Yr to October 2027 (TOCT, ETF) and AMG GW&K MUNI INCOME ETF (MUNX, ETF).

TOCT vs MUNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TOCT(ETF)	MUNX(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.79%	0.29%
Max Drawdown	2.02%	3.20%
Sharpe Ratio	-0.15	-0.31
5Y Beta	0.19	0.11

Net Assets

Winner

TOCT

$20M

MUNX

$20M

Expense Ratio

TOCT

0.79%

Winner

MUNX

0.29%

Max Drawdown

Winner

TOCT

2.02%

MUNX

3.20%

Sharpe Ratio

Winner

TOCT

-0.15

MUNX

-0.31

5Y Beta

TOCT

0.19

Winner

MUNX

0.11

TOCT vs MUNX - Historical Returns

Returns include dividend reinvestment.

Period	TOCT	MUNX
1 month	+0.18%	-0.77%
3 months	+1.16%	+0.23%
6 months	+2.19%	+0.56%
1 year	+2.65%	N/A
Max(CAGR)	+3.32%	+2.65%

Winner

TOCT

+0.18%

MUNX

-0.77%

Winner

TOCT

+1.16%

MUNX

+0.23%

Winner

TOCT

+2.19%

MUNX

+0.56%

TOCT

+2.65%

MUNX

N/A

Max(CAGR)

Winner

TOCT

+3.32%

MUNX

+2.65%

TOCT vs MUNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	TOCT	MUNX
2026	+2.30%	+1.20%
2025	+0.49%	+0.52%

TOCT vs MUNX Drawdown Comparison

The maximum drawdown for TOCT was -2.02%, occurring on Mar 27, 2026. Recovery took 37 trading sessions.

The maximum drawdown for MUNX was -2.95%, occurring on Mar 26, 2026. Recovery took 82 trading sessions.

The current TOCT drawdown is -0.15%. The current MUNX drawdown is -1.27%.

Rank	TOCT	MUNX
#1	-2.02% Feb 20, 2026 - Apr 15, 2026	-2.95% Feb 26, 2026 - Jun 25, 2026
#2	-1.33% Oct 27, 2025 - Jan 7, 2026	-1.27% Jul 6, 2026 - Jul 21, 2026
#3	-0.74% May 29, 2026 - Jul 10, 2026	-0.36% Nov 11, 2025 - Nov 28, 2025
#4	-0.61% Feb 2, 2026 - Feb 9, 2026	-0.33% Nov 28, 2025 - Jan 2, 2026
#5	-0.47% Jan 12, 2026 - Jan 27, 2026	-0.27% Jan 14, 2026 - Jan 28, 2026
#6	-0.37% Jul 16, 2026 - Jul 20, 2026	-0.16% Jan 9, 2026 - Jan 14, 2026
#7	-0.36% Oct 2, 2025 - Oct 17, 2025	-0.15% Feb 10, 2026 - Feb 12, 2026
#8	-0.30% Feb 9, 2026 - Feb 20, 2026	-0.15% Jun 29, 2026 - Jul 2, 2026
#9	-0.30% May 14, 2026 - May 21, 2026	-0.14% Nov 4, 2025 - Nov 6, 2025
#10	-0.28% Oct 20, 2025 - Oct 24, 2025	-0.12% Feb 24, 2026 - Feb 26, 2026
#11	-0.22% May 1, 2026 - May 6, 2026	-0.06% Feb 2, 2026 - Feb 4, 2026
#12	-0.19% Apr 17, 2026 - Apr 24, 2026	-0.05% Jan 28, 2026 - Jan 30, 2026
#13	-0.19% Apr 27, 2026 - Apr 30, 2026	-0.05% Feb 17, 2026 - Feb 20, 2026
#14	-0.15% Jul 10, 2026 - Jul 16, 2026	-0.03% Nov 6, 2025 - Nov 10, 2025
#15	-0.11% May 8, 2026 - May 14, 2026	-0.02% Oct 31, 2025 - Nov 4, 2025