Which has more room to gain, OCTP or POCT?

From their prices on Nov 4, 2026, OCTP can gain about 15.1% before its cap and POCT about 14.7%, so OCTP has more room left this period.

Which resets first, OCTP or POCT?

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

Which is cheaper, OCTP or POCT?

OCTP charges 0.50% a year and POCT charges 0.79%, so OCTP is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

OCTP vs POCT: Cap, Buffer & Days Left

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As of Nov 4, 2026 OCTP can fall 1.1% before its buffer engages and POCT 0.8%.

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Net assets on Nov 4, 2026: $52m for PGIM S&P 500 Buffer 12 ETF - October and $1.1bn for Innovator U.S. Equity Power Buffer ETF - Oct.

OCTP on its own →POCT on its own →

At a glance

1.1%

OCTP can fall this far before its buffer

0.8%

POCT can fall this far before its buffer

15.1%

OCTP can still gain

14.7%

POCT can still gain

OCTP Between buffer and cap

OCTP: reference +0.6% since period start, fund +0.6%; buffer 0 to −12; cap +16.3%; Between buffer and cap. Data to Nov 4, 2026.

POCT Between buffer and cap

POCT: reference +0.5% since period start, fund +0.7%; buffer 0 to −15; cap +15.6%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

OCTP costs 0.29 points a year less; their one-year returns differ by 1.7 points; POCT is far larger, $1.1bn against $52m.

Points (pts) are percentage points.

OCTP vs POCT: Cap, Buffer & Days Left
Measure	OCTP	POCT
Return
Measure	OCTP	POCT
Total return, 1 year	+13.0%	+11.3%
Drawdown
Measure	OCTP	POCT
Index fall to the buffer	0.5%
Benchmark
Measure	OCTP	POCT
What it tracks	SPY	SPY
Cost and size
Measure	OCTP	POCT
Expense ratio	0.50%	0.79%
Net assets	$52m	$1.1bn
Holdings
Measure	OCTP	POCT
Holdings in common	not published

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

IQ Buffer Score57.5OCTP83.2POCT

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

OCTP 57.5

POCT 83.2

0.3, the lowest in this set 99.7, the highest

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 →

Method

Window by window

Window by window: OCTP vs POCT: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	OCTP	POCT	OCTP	POCT
3 months	+2.4%	+2.2%	+2.8 pts	+2.6 pts
6 months	+6.2%	+5.3%	+1.7 pts	+0.8 pts
1 year	+13.0%	+11.3%	−0.6 pts	−2.3 pts
3 years	–	+40.0%	–	−36.4 pts
Since launchNot the same days: OCTP May 2024 · POCT Oct 2018	+34.7%	+100.3%	−10.1 pts	−62.5 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

OCTP PGIM S&P 500 Buffer 12 ETF - October · Absorbs the first 12% of loss on SPY and caps the gain at 16.3%, over a period ending Sep 30, 2027 POCT Innovator U.S. Equity Power Buffer ETF - Oct · Absorbs the first 15% of loss on SPY and caps the gain at 15.6%, over a period ending Sep 30, 2027

Issuer PGIM Innovator

Reference index SPY SPY

Buffer 12% 15%

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

Days left 330 330

Starting cap +16.3% +15.6%

Can still gain 15.1% 14.7%

Fall before buffer 1.1% 0.8%

Protection left, index points 12.0% of 12.0% 15.0% of 15.0%

Index return this period +0.6% +0.5%

Fund return this period +0.6% +0.7%

State today Open Open

Expense ratio 0.50% 0.79%

Net assets $52m $1.1bn

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

OCTP resets first, on Sep 30, 2027, 330 days from now; POCT runs to Sep 30, 2027, 330 days. OCTP can still gain 15.1% before its cap, POCT 14.7%. A fall from here reaches OCTP’s buffer after 1.1% and POCT’s after 0.8%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

OCTP

From its price on Nov 4, 2026, the fund can gain about 15.1% more before it reaches its cap. The fund's price can fall 1.1% 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: 12.0% of the 12.0% buffer still sits below today's SPY level. 330 days remained on Nov 4, 2026. On Sep 30, 2027 the period ends and a new cap is set.

POCT

From its price on Nov 4, 2026, the fund can gain about 14.7% more before it reaches its cap. The fund's price can fall 0.8% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, OCTP or POCT?: From their prices on Nov 4, 2026, OCTP can gain about 15.1% before its cap and POCT about 14.7%, so OCTP has more room left this period.
Which resets first, OCTP or POCT?: OCTP ends its outcome period on Sep 30, 2027 and POCT on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, OCTP or POCT?: OCTP charges 0.50% a year and POCT charges 0.79%, so OCTP is cheaper. Fees come from each fund's prospectus.

Other comparisons

OCTP vs ZALT OCTP vs OCTW OCTP vs BALT OCTP vs UOCT POCT vs TOCT POCT vs PMOC POCT vs XBOC POCT vs OCTU

Where to next

SPDR S&P 500 ETF Trust →OCTP on its own →POCT on its own →Method →Standards and sources →

Sources and dates

OCTP filings on SEC EDGAR ↗

PGIM website ↗

POCT filings on SEC EDGAR ↗

Innovator page for POCT ↗

Links are sources, not endorsements. 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 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.

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ETFIQ, OCTP against POCT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/octp-vs-poct

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