HOCT vs PMMR
Innovator Premium Income 9 Buffer ETF - October vs PGIM S&P 500 Max Buffer ETF - March
Which is better, HOCT or PMMR?
HOCT has been ahead.
PMMR has a lower expense ratio. HOCT led over 1Y.
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 | HOCT | PMMR |
|---|---|---|
| Expense Ratio | 0.79% | 0.50%Best |
| AUM | $6M | $6M |
| Dividend Yield | 6.05% | 0.00% |
| Holdings | 4 | 14 |
| Fund Family | Innovator ETFs Trust | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 2, 2023 | Feb 28, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 378 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. HOCT has data through Oct 1, 2025 and PMMR through Oct 14, 2026.
Fees and Cost Over Time
HOCT charges 0.79% per year while PMMR charges 0.50%. On a $10,000 position that is $79 vs $50 annually, a gap of $29 per year that compounds over a long holding period. On income, HOCT currently yields 6.05% against 0.00% for PMMR.
You are not choosing between two funds in isolation.
Whichever of HOCT and PMMR 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, HOCT or PMMR?
HOCT has an expense ratio of 0.79% while PMMR charges 0.50%. PMMR is the cheaper option, by $29 a year on a $10,000 investment.
Which pays a higher dividend, HOCT or PMMR?
HOCT yields 6.05% while PMMR yields 0.00%, so HOCT currently pays the higher dividend yield.
Is PMMR better than HOCT?
PMMR has a lower expense ratio. HOCT led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.