POCT vs WEEL
Innovator US Equity Power Buffer ETF - October vs Peerless Option Income Wheel ETF
Which is better, POCT or WEEL?
Each has led over a different period.
POCT has a lower expense ratio. POCT led over 1Y, WEEL 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 | POCT | WEEL |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.99% |
| AUM | $1.1B | $49M |
| Dividend Yield | 0.00% | 12.87% |
| Holdings | 18 | 41 |
| YTD Return | +9.70%Best | +7.30% |
| 1Y Return | +12.26%Best | +11.19% |
| 3Y Return (annualized) | +11.93% | - |
| 5Y Return (annualized) | +10.10% | - |
| Volatility (annualized) | 5.6%Best | 7.4% |
| Max Drawdown | -10.2%Best | -17.4% |
| $10,000 over 2.4 years | $12,691 | $13,070Best |
| Fund Family | Innovator ETFs Trust | Peerless ETFs |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 28, 2018 | May 16, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 16, 2024 to Oct 14, 2026 (2.4 years).
POCT vs WEEL 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 2.4 years both funds cover.
POCT vs WEEL Performance
Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust and Peerless Option Income Wheel ETF (WEEL) is an ETF from Peerless ETFs. Over the past year POCT returned +12.26% while WEEL returned +11.19%. Year to date, POCT is up 9.70% versus a gain of 7.30% for WEEL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WEEL has been the more volatile fund, with annualized monthly volatility of 7.4% compared with 5.6% for POCT. 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 -10.2% for POCT and -17.4% for WEEL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
POCT charges 0.79% per year while WEEL charges 0.99%. On a $10,000 position that is $79 vs $99 annually, a gap of $20 per year that compounds over a long holding period. On income, POCT currently yields 0.00% against 12.87% for WEEL.
You are not choosing between two funds in isolation.
Whichever of POCT and WEEL 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, POCT or WEEL?
POCT has an expense ratio of 0.79% while WEEL charges 0.99%. POCT is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, POCT or WEEL?
Over the past year POCT returned +12.26% vs +11.19% for WEEL, so POCT leads on 1-year performance. Over the longest common window we track (2 years), POCT annualized +10.44% vs +11.80% for WEEL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POCT or WEEL?
WEEL has been the more volatile fund at 7.4% annualized versus 5.6% for POCT. Worst drawdown: POCT -10.2% vs WEEL -17.4%.
Should I hold both POCT and WEEL?
POCT and WEEL have a monthly-return correlation of 0.79, 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, POCT or WEEL?
POCT yields 0.00% while WEEL yields 12.87%, so WEEL currently pays the higher dividend yield.
Is WEEL better than POCT?
POCT has a lower expense ratio. POCT led over 1Y, WEEL over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.