Which resets first, IOCT or OCTI?

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

Which is cheaper, IOCT or OCTI?

IOCT charges 0.85% a year and OCTI charges 0.79%, so OCTI is cheaper. Fees come from each fund's prospectus.

IOCT vs OCTI: which one stands where?

As of Oct 1, 2026 OCTI can fall 0.8% before its buffer engages and IOCT 0.0%. Innovator Intl Developed Power Buffer ETF - Oct and AllianzIM International Equity Buffer15 Uncapped ETF - Oct.

0.0%

IOCT can fall this far before its buffer

0.8%

OCTI can fall this far before its buffer

19.2%

IOCT can still gain

uncapped

OCTI can still gain

IOCTBetween buffer and cap

IOCT: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +19.2%; Between buffer and cap.

OCTINo cap

OCTI: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; no cap; No cap.

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

IOCT 83.8

OCTI 83.8

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

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

IOCT resets first, on Sep 30, 2027, 365 days from now; OCTI runs to Sep 30, 2027, 365 days. A fall from here reaches IOCT’s buffer after 0.0% and OCTI’s after 0.8%. Both track EFA, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	IOCT	OCTI	IOCT	OCTI
3 months	+2.3%	not published	+1.5 pts	not published
6 months	+6.7%	not published	−0.3 pts	not published
1 year	+10.5%	not published	−4.5 pts	not published
3 years	+43.9%	not published	−21.8 pts	not published

IOCT and OCTI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IOCT

Innovator Intl Developed Power Buffer ETF - Oct · Absorbs the first 15% of loss on EFA and caps the gain at 19.2%, over a period ending Sep 30, 2027

OCTI

AllianzIM International Equity Buffer15 Uncapped ETF - Oct · Absorbs the first 15% of loss on EFA and does not cap the gain, over a period ending Sep 30, 2027

Issuer Innovator AllianzIM

Reference index EFA EFA

Buffer 15% 15%

Outcome period Sep 30, 2026 to Sep 30, 2027 Oct 1, 2026 to Sep 30, 2027

Days left 365 365

Starting cap +19.2% uncapped

Can still gain 19.2% uncapped

Fall before buffer 0.0% 0.8%

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

Index return this period 0.0% 0.0%

Fund return this period 0.0% 0.0%

State today Open Uncapped

Expense ratio 0.85% 0.79%

Net assets $168m $5m

IOCT and OCTI on the same fields, as of Oct 1, 2026. Source: ETFIQ.

IOCT in plain words

From its price on Oct 1, 2026, the fund can gain about 19.2% more before it reaches its cap. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EFA level. 365 days remained on Oct 1, 2026. On Sep 30, 2027 the period ends and a new cap is set.

OCTI in plain words

This fund has no cap. It takes a share of any further rise in EFA. The fund's price can fall 0.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 0.0% from today's level to the point where the buffer begins.

Questions people ask

Which resets first, IOCT or OCTI?: IOCT ends its outcome period on Sep 30, 2027 and OCTI on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, IOCT or OCTI?: IOCT charges 0.85% a year and OCTI charges 0.79%, so OCTI is cheaper. Fees come from each fund's prospectus.

Other comparisons

IOCT vs YSEP IOCT vs QBIF IOCT vs QBIV IOCT vs IBUF OCTI vs YSEP

EFA →IOCT on its own →OCTI on its own →How every figure is computed →Standards and sources →

Where these figures came from

IOCT filings on SEC EDGAR ↗Innovator page for IOCT ↗OCTI filings on SEC EDGAR ↗AllianzIM page for OCTI ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IOCT against OCTI, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ioct-vs-octi

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.