LOCT vs XTJL
Innovator Premium Income 15 Buffer ETF - October vs Innovator US Equity Accelerated Plus ETF - July
Which is better, LOCT or XTJL?
XTJL has been ahead.
XTJL led over 1Y, 3Y 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 | LOCT | XTJL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $11M | $17M |
| Dividend Yield | 5.18% | 0.00% |
| Holdings | 12 | 21 |
| YTD Return | -0.06% | +9.63%Best |
| 1Y Return | +1.20% | +13.15%Best |
| 3Y Return (annualized) | -0.04% | +16.02%Best |
| 5Y Return (annualized) | - | +9.94% |
| Volatility (annualized) | 6.0%Best | 7.6% |
| Max Drawdown | -10.5%Best | -16.7% |
| $10,000 over 3 years | $10,036 | $15,869Best |
| 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: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 14, 2026 (3 years).
LOCT vs XTJL 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 3 years both funds cover.
LOCT vs XTJL Performance
Innovator Premium Income 15 Buffer ETF - October (LOCT) is an ETF from Innovator ETFs Trust and Innovator US Equity Accelerated Plus ETF - July (XTJL) is an ETF from Innovator ETFs Trust. Over the past year LOCT returned +1.20% while XTJL returned +13.15%. Year to date, LOCT is down 0.06% versus a gain of 9.63% for XTJL.
Over three years, LOCT compounded at -0.04% per year against +16.02% for XTJL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XTJL has been the more volatile fund, with annualized monthly volatility of 7.6% compared with 6.0% for LOCT. 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 -10.5% for LOCT 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
LOCT charges 0.79% per year while XTJL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, LOCT currently yields 5.18% against 0.00% for XTJL.
You are not choosing between two funds in isolation.
Whichever of LOCT 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, LOCT or XTJL?
LOCT has an expense ratio of 0.79% while XTJL charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, LOCT or XTJL?
Over the past year LOCT returned +1.20% vs +13.15% for XTJL, so XTJL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LOCT or XTJL?
XTJL has been the more volatile fund at 7.6% annualized versus 6.0% for LOCT. Worst drawdown: LOCT -10.5% vs XTJL -16.7%.
Should I hold both LOCT and XTJL?
LOCT and XTJL have a monthly-return correlation of 0.17, 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, LOCT or XTJL?
LOCT yields 5.18% while XTJL yields 0.00%, so LOCT currently pays the higher dividend yield.
Is XTJL better than LOCT?
XTJL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.