Which has more room to gain, BOCT or PJUN?

From their prices on Oct 13, 2026, BOCT can gain about 18.4% before its cap and PJUN about 10.4%, so BOCT has more room left this period.

Which resets first, BOCT or PJUN?

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

Which is cheaper, BOCT or PJUN?

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

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BOCT vs PJUN: Cap, Buffer & Days Left

As of Oct 13, 2026 PJUN can fall 3.0% before its buffer engages and BOCT 1.5%, and PJUN resets 122 days sooner. Net assets on Oct 13, 2026: $307m for Innovator U.S. Equity Buffer ETF - Oct and $888m for Innovator U.S. Equity Power Buffer ETF - Jun.

Both cost 0.79% a year; their one-year returns differ by 7.6 points; PJUN is 2.9 times larger.

Points (pts) are percentage points.

BOCT vs PJUN: Cap, Buffer & Days Left
	BOCT	PJUN
Expense ratio	0.79%	0.79%
Net assets	$307m	$888m
Total return, 1 year	+16.0%	+8.4%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	2.0%	2.8%

1.5%

BOCT can fall this far before its buffer

3.0%

PJUN can fall this far before its buffer

18.4%

BOCT can still gain

10.4%

PJUN can still gain

BOCTBetween buffer and cap

BOCT: reference +2.0% since period start, fund +1.5%; buffer 0 to −9; cap +20.2%; Between buffer and cap. Figures to Oct 13, 2026.

PJUNBetween buffer and cap

PJUN: reference +2.9% since period start, fund +2.8%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Figures to Oct 13, 2026.

ETFIQ Downside Cover Score · PJUN scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

BOCT 20

PJUN 86.5

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. PJUN has 230 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

PJUN resets first, on May 31, 2027, 230 days from now; BOCT runs to Sep 30, 2027, 352 days. BOCT can still gain 18.4% before its cap, PJUN 10.4%. A fall from here reaches BOCT’s buffer after 1.5% and PJUN’s after 3.0%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: BOCT vs PJUN: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BOCT	PJUN	BOCT	PJUN
3 months	+4.6%	+2.5%	+1.1 pts	−1.0 pts
6 months	+11.0%	+4.0%	−1.0 pts	−8.0 pts
1 year	+16.0%	+8.4%	−1.4 pts	−8.9 pts
3 years	+56.5%	+41.1%	−23.8 pts	−39.1 pts
Since launch Not the same days: BOCT Oct 2018 · PJUN Jun 2019	+127.7%	+75.2%	−39.0 pts	−108.2 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

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

PJUN

Innovator U.S. Equity Power Buffer ETF - Jun · Absorbs the first 15% of loss on SPY and caps the gain at 13.8%, over a period ending May 31, 2027

Issuer Innovator Innovator

Reference index SPY SPY

Buffer 9% 15%

Outcome period Sep 30, 2026 to Sep 30, 2027 May 31, 2026 to May 31, 2027

Days left 352 230

Starting cap +20.2% +13.8%

Can still gain 18.4% 10.4%

Fall before buffer 1.5% 3.0%

Protection left, index points 9.0% of 9.0% 15.0% of 15.0%

Index return this period +2.0% +2.9%

Fund return this period +1.5% +2.8%

State today Open Open

Expense ratio 0.79% 0.79%

Net assets $307m $888m

As of Oct 13, 2026. Source: ETFIQ.

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 2.0% 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. 352 days remained on Oct 13, 2026. On Sep 30, 2027 the period ends and a new cap is set.

About PJUN

From its price on Oct 13, 2026, the fund can gain about 10.4% more before it reaches its cap. The fund's price can fall 3.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.8% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 230 days remained on Oct 13, 2026. On May 31, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, BOCT or PJUN?: From their prices on Oct 13, 2026, BOCT can gain about 18.4% before its cap and PJUN about 10.4%, so BOCT has more room left this period.
Which resets first, BOCT or PJUN?: BOCT ends its outcome period on Sep 30, 2027 and PJUN on May 31, 2027. A new cap is set the day after each.
Which is cheaper, BOCT or PJUN?: BOCT and PJUN both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BOCT vs GSEP BOCT vs OCTW BOCT vs DAPR BOCT vs UJUL PJUN vs CTJN PJUN vs JUNW PJUN vs DMAY PJUN vs GMAY

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

Where these figures came from

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

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

Open data

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