Which has more room to gain, BJUL or BOCT?

From their prices on Oct 13, 2026, BJUL can gain about 13.9% before its cap and BOCT about 18.4%, so BOCT has more room left this period.

Which resets first, BJUL or BOCT?

BJUL ends its outcome period on Jun 30, 2027 and BOCT on Sep 30, 2027. A new cap is set the day after each.

Which is cheaper, BJUL or BOCT?

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

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BJUL vs BOCT: Cap, Buffer & Days Left

As of Oct 13, 2026 BJUL can fall 3.6% before its buffer engages and BOCT 1.5%, and BJUL resets 92 days sooner. Net assets on Oct 12, 2026: $364m for Innovator U.S. Equity Buffer ETF - Jul and $307m for Innovator U.S. Equity Buffer ETF - Oct.

Both cost 0.79% a year; their one-year returns differ by 2.3 points; BJUL is 1.2 times larger.

Points (pts) are percentage points.

BJUL vs BOCT: Cap, Buffer & Days Left
	BJUL	BOCT
Expense ratio	0.79%	0.79%
Net assets, as of Oct 12, 2026	$364m	$307m
Total return, 1 year	+14.7%	+17.0%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	3.9%	1.9%

3.6%

BJUL can fall this far before its buffer

1.5%

BOCT can fall this far before its buffer

13.9%

BJUL can still gain

18.4%

BOCT can still gain

BJULBetween buffer and cap

BJUL: reference +4.1% since period start, fund +3.5%; buffer 0 to −9; cap +18.1%; 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 · BJUL and BOCT score the sameIf the market falls into a bear market from here, how much does the buffer absorb?

BJUL 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. BJUL has 260 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

BJUL resets first, on Jun 30, 2027, 260 days from now; BOCT runs to Sep 30, 2027, 352 days. BJUL can still gain 13.9% before its cap, BOCT 18.4%. A fall from here reaches BJUL’s buffer after 3.6% 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: BJUL vs BOCT: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BJUL	BOCT	BJUL	BOCT
3 months	+3.2%	+4.9%	−0.7 pts	+1.0 pts
6 months	+8.8%	+11.8%	−4.6 pts	−1.6 pts
1 year	+14.7%	+17.0%	−4.4 pts	−2.2 pts
3 years	+62.0%	+56.4%	−18.3 pts	−23.9 pts
Since launch Not the same days: BJUL Aug 2018 · BOCT Oct 2018	+119.3%	+127.5%	−47.7 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

BJUL

Innovator U.S. Equity Buffer ETF - Jul · Absorbs the first 9% of loss on SPY and caps the gain at 18.1%, over a period ending Jun 30, 2027

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 Jun 30, 2026 to Jun 30, 2027 Sep 30, 2026 to Sep 30, 2027

Days left 260 352

Starting cap +18.1% +20.2%

Can still gain 13.9% 18.4%

Fall before buffer 3.6% 1.5%

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

Index return this period +4.1% +1.9%

Fund return this period +3.5% +1.5%

State today Open Open

Expense ratio 0.79% 0.79%

Net assets, as of Oct 12, 2026 $364m $307m

As of Oct 13, 2026. Source: ETFIQ.

About BJUL

From its price on Oct 13, 2026, the fund can gain about 13.9% more before it reaches its cap. The fund's price can fall 3.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.9% 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. 260 days remained on Oct 13, 2026. On Jun 30, 2027 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, BJUL or BOCT?: From their prices on Oct 13, 2026, BJUL can gain about 13.9% before its cap and BOCT about 18.4%, so BOCT has more room left this period.
Which resets first, BJUL or BOCT?: BJUL ends its outcome period on Jun 30, 2027 and BOCT on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, BJUL or BOCT?: BJUL and BOCT both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BJUL vs CJUL BJUL vs CTJL BJUL vs DAPR BJUL vs JULW BOCT vs FSEP BOCT vs SEPM BOCT vs DDTO BOCT vs CPSO

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

Where these figures came from

BJUL and BOCT filings on SEC EDGAR ↗Innovator page for BJUL ↗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, BJUL against BOCT, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/bjul-vs-boct

Open data

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