AOCT vs SPYU
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 vs MAX S&P 500 4X Leveraged ETN
Which is better, AOCT or SPYU?
SPYU has been ahead.
SPYU led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AOCT | SPYU |
|---|---|---|
| Expense Ratio | 0.79% | - |
| AUM | $61M | $567M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 15 | - |
| YTD Return | +4.93% | +24.74%Best |
| 1Y Return | +6.19% | +32.09%Best |
| Volatility (annualized) | 2.5%Best | 53.5% |
| Max Drawdown | -3.7%Best | -62.3% |
| $10,000 over 2 years | $11,185 | $15,149Best |
| Fund Family | Innovator ETFs Trust | BMO Capital Markets |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 2, 2024 | Dec 4, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Oct 14, 2026 (2 years).
AOCT vs SPYU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
AOCT vs SPYU Performance
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 (AOCT) is an ETF from Innovator ETFs Trust and MAX S&P 500 4X Leveraged ETN (SPYU) is an ETF from BMO Capital Markets. Over the past year AOCT returned +6.19% while SPYU returned +32.09%. Year to date, AOCT is up 4.93% versus a gain of 24.74% for SPYU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYU has been the more volatile fund, with annualized monthly volatility of 53.5% compared with 2.5% for AOCT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.7% for AOCT and -62.3% for SPYU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
You are not choosing between two funds in isolation.
Whichever of AOCT and SPYU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which performed better, AOCT or SPYU?
Over the past year AOCT returned +6.19% vs +32.09% for SPYU, so SPYU leads on 1-year performance. Over the longest common window we track (2 years), AOCT annualized +5.76% vs +23.08% for SPYU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AOCT or SPYU?
SPYU has been the more volatile fund at 53.5% annualized versus 2.5% for AOCT. Worst drawdown: AOCT -3.7% vs SPYU -62.3%.
Should I hold both AOCT and SPYU?
AOCT and SPYU have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AOCT or SPYU?
AOCT yields 0.00% while SPYU yields 0.00%, so SPYU currently pays the higher dividend yield.
Is SPYU better than AOCT?
SPYU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.