Which has more room to gain, BJAN or BOCT?

From their prices on Oct 13, 2026, BJAN can gain about 3.9% before its cap and BOCT about 18.4%, so BOCT has more room left this period.

Which resets first, BJAN or BOCT?

BJAN ends its outcome period on Dec 31, 2026 and BOCT on Sep 30, 2027. A new cap is set the day after each.

Which is cheaper, BJAN or BOCT?

BJAN and BOCT both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

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BJAN vs BOCT: Cap, Buffer & Days Left

As of Oct 13, 2026 BJAN can fall 10.9% before its buffer engages and BOCT 1.5%, and BJAN resets 273 days sooner. Net assets on Oct 12, 2026: $351m for Innovator U.S. Equity Buffer ETF - Jan and $307m for Innovator U.S. Equity Buffer ETF - Oct.

Both cost 0.79% a year; both returned +17.0% over a year; BJAN is 1.1 times larger.

Points (pts) are percentage points.

BJAN vs BOCT: Cap, Buffer & Days Left
	BJAN	BOCT
Expense ratio	0.79%	0.79%
Net assets, as of Oct 12, 2026	$351m	$307m
Total return, 1 year	+17.0%	+17.0%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	12.3%	1.9%

10.9%

BJAN can fall this far before its buffer

1.5%

BOCT can fall this far before its buffer

3.9%

BJAN can still gain

18.4%

BOCT can still gain

BJANBetween buffer and cap

BJAN: reference +14.0% since period start, fund +11.4%; buffer 0 to −9; cap +16.5%; Between buffer and cap. Figures to Oct 13, 2026.

BOCTBetween buffer and cap

BOCT: reference +1.9% since period start, fund +1.5%; buffer 0 to −9; cap +20.2%; Between buffer and cap. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

ETFIQ Downside Cover Score · BJAN and BOCT score the sameIf the market falls into a bear market from here, how much does the buffer absorb?

BJAN 19.7

BOCT 19.7

0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it → How it is computed →

They do not reset together. BJAN has 79 days of its period left and BOCT has 352, so the two are not the same bet on the same months.

Both are Innovator funds, so the difference between them is the terms rather than the house.

Where each one stands today

BJAN resets first, on Dec 31, 2026, 79 days from now; BOCT runs to Sep 30, 2027, 352 days. BJAN can still gain 3.9% before its cap, BOCT 18.4%. A fall from here reaches BJAN’s buffer after 10.9% and BOCT’s after 1.5%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: BJAN vs BOCT: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BJAN	BOCT	BJAN	BOCT
3 months	+3.7%	+4.9%	−0.1 pts	+1.0 pts
6 months	+10.2%	+11.8%	−3.2 pts	−1.6 pts
1 year	+17.0%	+17.0%	−2.1 pts	−2.2 pts
3 years	+65.2%	+56.4%	−15.1 pts	−23.9 pts
Since launch Not the same days: BJAN Jan 2019 · BOCT Oct 2018	+154.2%	+127.5%	−56.8 pts	−39.2 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open this comparison in the app →

On the same fields

BJAN

Innovator U.S. Equity Buffer ETF - Jan · Absorbs the first 9% of loss on SPY and caps the gain at 16.5%, over a period ending Dec 31, 2026

BOCT

Innovator U.S. Equity Buffer ETF - Oct · Absorbs the first 9% of loss on SPY and caps the gain at 20.2%, over a period ending Sep 30, 2027

Issuer Innovator Innovator

Reference index SPY SPY

Buffer 9% 9%

Outcome period Dec 31, 2025 to Dec 31, 2026 Sep 30, 2026 to Sep 30, 2027

Days left 79 352

Starting cap +16.5% +20.2%

Can still gain 3.9% 18.4%

Fall before buffer 10.9% 1.5%

Protection left, index points 9.0% of 9.0% 9.0% of 9.0%

Index return this period +14.0% +1.9%

Fund return this period +11.4% +1.5%

State today Open Open

Expense ratio 0.79% 0.79%

Net assets, as of Oct 12, 2026 $351m $307m

As of Oct 13, 2026. Source: ETFIQ.

About BJAN

From its price on Oct 13, 2026, the fund can gain about 3.9% more before it reaches its cap. The fund's price can fall 10.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 12.3% 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. 79 days remained on Oct 13, 2026. On Dec 31, 2026 the period ends and a new cap is set.

About BOCT

From its price on Oct 13, 2026, the fund can gain about 18.4% more before it reaches its cap. The fund's price can fall 1.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 1.9% from today's level to the point where the buffer begins. 352 days remained on Oct 13, 2026. On Sep 30, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, BJAN or BOCT?: From their prices on Oct 13, 2026, BJAN can gain about 3.9% before its cap and BOCT about 18.4%, so BOCT has more room left this period.
Which resets first, BJAN or BOCT?: BJAN ends its outcome period on Dec 31, 2026 and BOCT on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, BJAN or BOCT?: BJAN and BOCT both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BJAN vs UJUL BJAN vs JAJL BJAN vs DAPR BJAN vs BJUL BOCT vs UOCT BOCT vs ZOCT BOCT vs EALT BOCT vs DDFO

SPY →BJAN on its own →BOCT on its own →How every figure is computed →Standards and sources →

Where these figures came from

BJAN and BOCT filings on SEC EDGAR ↗Innovator page for BJAN ↗Innovator page for BOCT ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every figure from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BJAN against BOCT, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/bjan-vs-boct

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.