HOCT vs XTJL
Innovator Premium Income 9 Buffer ETF - October vs Innovator US Equity Accelerated Plus ETF - July
Which is better, HOCT or XTJL?
XTJL has been ahead.
XTJL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | XTJL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $6M | $17M |
| Dividend Yield | 6.05% | 0.00% |
| Holdings | 4 | 21 |
| Volatility (annualized) | 2.7%Best | 8.3% |
| Max Drawdown | -8.7%Best | -16.7% |
| $10,000 over 2 years | $10,022 | $14,192Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 2, 2023 | Jun 30, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), 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 XTJL through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 1, 2025 (2 years).
Risk: Volatility and Drawdowns
XTJL has been the more volatile fund, with annualized monthly volatility of 8.3% compared with 2.7% for HOCT. 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 -8.7% for HOCT and -16.7% for XTJL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HOCT charges 0.79% per year while XTJL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, HOCT currently yields 6.05% against 0.00% for XTJL.
You are not choosing between two funds in isolation.
Whichever of HOCT and XTJL 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 XTJL?
HOCT has an expense ratio of 0.79% while XTJL charges 0.79%. At the precision these are quoted to, they cost the same.
Which is riskier, HOCT or XTJL?
XTJL has been the more volatile fund at 8.3% annualized versus 2.7% for HOCT. Worst drawdown: HOCT -8.7% vs XTJL -16.7%.
Should I hold both HOCT and XTJL?
HOCT and XTJL have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, HOCT or XTJL?
HOCT yields 6.05% while XTJL yields 0.00%, so HOCT currently pays the higher dividend yield.
Is XTJL better than HOCT?
XTJL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.