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KOCT vs QBKF: which one stands where?

As of Oct 1, 2026 QBKF can fall 0.2% before its buffer engages and KOCT 0.0%, and QBKF resets 273 days sooner. Innovator U.S. Small Cap Power Buffer ETF - Oct and AllianzIM U.S. Small Cap Buffer15 ETF - Jan.

0.0%
KOCT can fall this far before its buffer
0.2%
QBKF can fall this far before its buffer
18.8%
KOCT can still gain
3.4%
QBKF can still gain
KOCTBetween buffer and cap
Between buffer and capKOCT: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +18.8%; Between buffer and cap.15 pts of buffer+18.8% more to the cap−15.0% floor0% period start+18.8% capTODAY · IWM 0.0%Between buffer and capKOCT: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +18.8%; Between buffer and cap.15 pts+18.8% to cap−15.0% floor0% start+18.8% capTODAY · IWM 0.0%

KOCT: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +18.8%; Between buffer and cap.

QBKFBetween buffer and cap
Between buffer and capQBKF: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +3.5%; Between buffer and cap.15 pts of buffer−15.0% floor0% period start+3.5% capTODAY · IWM 0.0%Between buffer and capQBKF: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +3.5%; Between buffer and cap.15 pts−15.0% floor0% start+3.5% capTODAY · IWM 0.0%

QBKF: reference 0.0% since period start, fund 0.0%; buffer 0 to −15; cap +3.5%; Between buffer and cap.

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

They do not reset together. QBKF has 92 days of its period left and KOCT has 365, so the two are not the same bet on the same months.

Where each one stands today

QBKF resets first, on Dec 31, 2026, 92 days from now; KOCT runs to Sep 30, 2027, 365 days. KOCT can still gain 18.8% before its cap, QBKF 3.4%. A fall from here reaches KOCT’s buffer after 0.0% and QBKF’s after 0.2%. Both track IWM, 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 returnGap to the reference
WindowKOCTQBKFKOCTQBKF
3 months+0.9%−0.2%+7.8 pts+6.7 pts
6 months+10.7%+3.7%−1.2 pts−8.2 pts
1 year+14.2%not published−1.8 ptsnot published
3 years+46.9%not published−15.7 ptsnot published

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

On the same fields

KOCT
Innovator U.S. Small Cap Power Buffer ETF - Oct · Absorbs the first 15% of loss on IWM and caps the gain at 18.8%, over a period ending Sep 30, 2027
QBKF
AllianzIM U.S. Small Cap Buffer15 ETF - Jan · Absorbs the first 15% of loss on IWM and caps the gain at 3.5%, over a period ending Dec 31, 2026
Issuer Innovator AllianzIM
Reference index IWM IWM
Buffer 15% 15%
Outcome period Sep 30, 2026 to Sep 30, 2027 Oct 1, 2026 to Dec 31, 2026
Days left 365 92
Starting cap +18.8% +3.5%
Can still gain 18.8% 3.4%
Fall before buffer 0.0% 0.2%
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 Open
Expense ratio 0.79% 0.74%
Net assets $128m $8m

KOCT and QBKF on the same fields, as of Oct 1, 2026. Source: ETFIQ.

KOCT in plain words

From its price on Oct 1, 2026, the fund can gain about 18.8% more before it reaches its cap. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's IWM level. 365 days remained on Oct 1, 2026. On Sep 30, 2027 the period ends and a new cap is set.

QBKF in plain words

From its price on Oct 1, 2026, the fund can gain about 3.4% more before it reaches its cap. The fund's price can fall 0.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, IWM can fall 0.0% from today's level to the point where the buffer begins. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, KOCT or QBKF?
From their prices on Oct 1, 2026, KOCT can gain about 18.8% before its cap and QBKF about 3.4%, so KOCT has more room left this period.
Which resets first, KOCT or QBKF?
KOCT ends its outcome period on Sep 30, 2027 and QBKF on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, KOCT or QBKF?
KOCT charges 0.79% a year and QBKF charges 0.74%, so QBKF is cheaper. Fees come from each fund's prospectus.
Other comparisons
KOCT vs QBKVKOCT vs RBUFQBKF vs QBKVQBKF vs RBUFQBKF vs KJAN
IWM →KOCT on its own →QBKF on its own →How every figure is computed →Standards and sources →
Where these figures came from
KOCT filings on SEC EDGAR ↗Innovator page for KOCT ↗QBKF filings on SEC EDGAR ↗AllianzIM page for QBKF ↗

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, KOCT against QBKF, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/koct-vs-qbkf

Open data

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