OCTJ vs PFEB
Innovator Premium Income 30 Barrier ETF - October vs Innovator US Equity Power Buffer ETF - February
Which is better, OCTJ or PFEB?
PFEB has been ahead.
PFEB 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 | OCTJ | PFEB |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $15M | $896M |
| Dividend Yield | 5.32% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | -0.13% | +8.65%Best |
| 1Y Return | +0.46% | +12.00%Best |
| 3Y Return (annualized) | +3.98% | +12.79%Best |
| 5Y Return (annualized) | - | +8.98% |
| Volatility (annualized) | 2.2%Best | 6.0% |
| Max Drawdown | -5.3%Best | -10.6% |
| $10,000 over 3 years | $11,284 | $14,510Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 2, 2023 | Jan 31, 2020 |
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).
OCTJ vs PFEB 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.
OCTJ vs PFEB Performance
Innovator Premium Income 30 Barrier ETF - October (OCTJ) is an ETF from Innovator ETFs Trust and Innovator US Equity Power Buffer ETF - February (PFEB) is an ETF from Innovator ETFs Trust. Over the past year OCTJ returned +0.46% while PFEB returned +12.00%. Year to date, OCTJ is down 0.13% versus a gain of 8.65% for PFEB.
Over three years, OCTJ compounded at +3.98% per year against +12.79% for PFEB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFEB has been the more volatile fund, with annualized monthly volatility of 6.0% compared with 2.2% for OCTJ. 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 -5.3% for OCTJ and -10.6% for PFEB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OCTJ charges 0.79% per year while PFEB charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, OCTJ currently yields 5.32% against 0.00% for PFEB.
You are not choosing between two funds in isolation.
Whichever of OCTJ and PFEB 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, OCTJ or PFEB?
OCTJ has an expense ratio of 0.79% while PFEB charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, OCTJ or PFEB?
Over the past year OCTJ returned +0.46% vs +12.00% for PFEB, so PFEB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OCTJ or PFEB?
PFEB has been the more volatile fund at 6.0% annualized versus 2.2% for OCTJ. Worst drawdown: OCTJ -5.3% vs PFEB -10.6%.
Should I hold both OCTJ and PFEB?
OCTJ and PFEB have a monthly-return correlation of 0.73, 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, OCTJ or PFEB?
OCTJ yields 5.32% while PFEB yields 0.00%, so OCTJ currently pays the higher dividend yield.
Is PFEB better than OCTJ?
PFEB 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.