Data as of Nov 4, 2026.
OCTM vs SIXZ: Cap, Buffer & Days Left
As of Nov 4, 2026 SIXZ can fall 1.2% before its buffer engages and OCTM 1.2%, and SIXZ resets 168 days sooner.
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Net assets on Nov 3, 2026: $42m for FT Vest U.S. Equity Max Buffer ETF - October and $64m for AllianzIM U.S. Equity Buffer10 ETF - May.
OCTM: reference +0.5% since period start, fund +0.4%; buffer Floor; cap +8.3%; Full floor. Data to Nov 4, 2026.
Data to Nov 4, 2026.SIXZ: reference +1.5% since period start, fund +0.9%; buffer 0 to −10; cap +8.3%; Between buffer and cap. Data to Nov 4, 2026.
SIXZ: reference +1.5% since period start, fund +0.9%; buffer 0 to −10; cap +8.3%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
SIXZ costs 0.11 points a year less; their one-year returns differ by 5.1 points; SIXZ is 1.5 times larger.
Points (pts) are percentage points.
| Measure | OCTM | SIXZ |
|---|---|---|
| Return | ||
| Total return, 1 year | +6.3% | +11.4% |
| Drawdown | ||
| Index fall to the buffer | 0.5% | 1.4% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.85% | 0.74% |
| Net assets, as of Nov 3, 2026 | $42m | $64m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | OCTM | SIXZ | OCTM | SIXZ |
| 3 months | +1.6% | +2.3% | +1.9 pts | +2.7 pts |
| 6 months | +3.1% | +4.7% | −1.4 pts | +0.2 pts |
| 1 year | +6.3% | +11.4% | −7.3 pts | −2.1 pts |
| Since launchNot the same days: OCTM Oct 2024 · SIXZ May 2024 | +13.2% | +30.2% | −18.1 pts | −23.1 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. OCTM is a floor fund, which caps how far a holder can fall. SIXZ is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
They do not reset together. SIXZ has 177 days of its period left and OCTM has 345, so the two are not the same bet on the same months.
Where each one stands today
SIXZ resets first, on Apr 30, 2027, 177 days from now; OCTM runs to Oct 15, 2027, 345 days. OCTM can still gain 7.0% before its cap, SIXZ 7.0%. A fall from here reaches OCTM’s buffer after 1.2% and SIXZ’s after 1.2%. Both track SPY, so what separates them is where each is in its own period.
OCTM
From its price on Nov 4, 2026, the fund can gain about 7.0% more before it reaches its cap. The fund's price can fall 1.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.5% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 345 days remained on Nov 4, 2026. On Oct 15, 2027 the period ends and a new cap is set.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
ETFIQ calculates every number 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 number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, OCTM against SIXZ, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/octm-vs-sixz
ETFIQ. (Nov 4, 2026). OCTM against SIXZ. Retrieved from https://etfiq.com/compare/buffer/octm-vs-sixz
[OCTM against SIXZ (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/octm-vs-sixz)
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