Data as of Oct 28, 2026.

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Across categories

BOCT vs SPYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BOCT returned +12.7% to SPYM's +13.7%, and SPYM charges 0.02% to BOCT's 0.79%.

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Net assets: $362m on Oct 28, 2026 for Innovator U.S. Equity Buffer ETF - Oct, and $185.0bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 ETF.

At a glance
+12.7%
BOCT total return, 1 year
+13.7%
SPYM total return, 1 year
0.79%
BOCT expense ratio
0.02%
SPYM expense ratio

Pair scorecard

SPYM costs 0.77 points a year less; their one-year returns differ by 1.0 point; SPYM is far larger, $185.0bn against $362m.

BOCT vs SPYM: Differences, Returns & Fees
MeasureBOCTSPYM
Return
Total return, 1 year+12.7%+13.7%
Drawdown
Index fall to the buffer1.2%
Fund price fall to the buffer1.0%
Benchmark
What it tracksSPYS&P 500 Index
The outcome period
Room to the cap18.9%
Buffer left, in index points9.0% of 9.0%
Days left in the period337
Period endsSep 30, 2027
Cost and size
Expense ratio0.79%0.02%
Net assets, as of Oct 27, 2026$362m$185.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund38.1%

Method

Side by side

BOCT Innovator U.S. Equity Buffer ETF - Oct SPYM State Street SPDR Portfolio S&P 500 ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 9% on SPY Tracks the S&P 500
Total return, 1 year +12.7% +13.7%
Its benchmark over the same days +12.4% (SPY) +13.7% (IVV)
Gap to its benchmark +0.3 pts vs SPY 0.0 pts vs IVV
Expense ratio 0.79% 0.02%
Holdings not read by ETFIQ 506
Net assets, BOCT as of Oct 28, 2026 and SPYM as of Oct 27, 2026 $362m $185.0bn
Former ticker none SPLG

BOCT and SPYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BOCT

From its price on Oct 28, 2026, the fund can gain about 18.9% more before it reaches its cap. The fund's price can fall 1.0% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.2% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 337 days remained on Oct 28, 2026. On Sep 30, 2027 the period ends and a new cap is set.

SPYM

SPYM tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.02% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 38.1%.

Questions people ask

Are BOCT and SPYM in the same category?
BOCT is a buffer ETF and SPYM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, BOCT or SPYM?
In the year to Oct 28, 2026, with distributions reinvested, BOCT returned +12.7% and SPYM +13.7%.
Which is cheaper, BOCT or SPYM?
SPYM is cheaper, by 0.77 percentage points a year. That is about $77 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, BOCT against SPYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/boct-vs-spym

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