AOCT vs STEW
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 vs SRH Total Return Fund
Which is better, AOCT or STEW?
Each has led over a different period.
AOCT has a lower expense ratio. AOCT led over 1Y, STEW over 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 | STEW |
|---|---|---|
| Expense Ratio | 0.79%Best | 2.28% |
| AUM | $61M | $2.3B |
| Dividend Yield | 0.00% | 3.39% |
| Holdings | 15 | 24 |
| YTD Return | +4.93%Best | -0.38% |
| 1Y Return | +6.19%Best | +3.95% |
| 3Y Return (annualized) | - | +15.13% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 2.5%Best | 12.5% |
| Max Drawdown | -3.7%Best | -27.6% |
| $10,000 over 2 years | $11,185 | $12,166Best |
| Fund Family | Innovator ETFs Trust | Paralel Advisors LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 2, 2024 | Jan 31, 2002 |
Not shown on this pair: 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 STEW 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 STEW Performance
Innovator Equity Defined Protection ETF - 2 Yr to October 2028 (AOCT) is an ETF from Innovator ETFs Trust and SRH Total Return Fund (STEW) is an ETF from Paralel Advisors LLC. Over the past year AOCT returned +6.19% while STEW returned +3.95%. Year to date, AOCT is up 4.93% versus a loss of 0.38% for STEW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
STEW has been the more volatile fund, with annualized monthly volatility of 12.5% 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 -27.6% for STEW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AOCT charges 0.79% per year while STEW charges 2.28%. On a $10,000 position that is $79 vs $228 annually, a gap of $149 per year that compounds over a long holding period. On income, AOCT currently yields 0.00% against 3.39% for STEW.
Holdings Overlap
We hold position weights for 1 holding in AOCT and 21 in STEW, totalling 97.9% and 93.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AOCT and 21 in STEW, against full books of 15 and 24.
You are not choosing between two funds in isolation.
Whichever of AOCT and STEW 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 is cheaper, AOCT or STEW?
AOCT has an expense ratio of 0.79% while STEW charges 2.28%. AOCT is the cheaper option, by $149 a year on a $10,000 investment.
Which performed better, AOCT or STEW?
Over the past year AOCT returned +6.19% vs +3.95% for STEW, so AOCT leads on 1-year performance. Over the longest common window we track (2 years), AOCT annualized +5.76% vs +10.30% for STEW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AOCT or STEW?
STEW has been the more volatile fund at 12.5% annualized versus 2.5% for AOCT. Worst drawdown: AOCT -3.7% vs STEW -27.6%.
Should I hold both AOCT and STEW?
AOCT and STEW have a monthly-return correlation of 0.37, 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 STEW?
AOCT yields 0.00% while STEW yields 3.39%, so STEW currently pays the higher dividend yield.
Is STEW better than AOCT?
AOCT has a lower expense ratio. AOCT led over 1Y, STEW over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.