Data as of Nov 4, 2026.

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Buffer ETFs

OCTT vs PBOC: Cap, Buffer & Days Left

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As of Nov 4, 2026 OCTT can fall 1.4% before its buffer engages and PBOC 1.2%.

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Net assets: $121m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Oct, and $64m on Nov 4, 2026 for PGIM S&P 500 Buffer 20 ETF - October .

At a glance
1.4%
OCTT can fall this far before its buffer
1.2%
PBOC can fall this far before its buffer
16.5%
OCTT can still gain
11.6%
PBOC can still gain
OCTT Between buffer and cap
Between buffer and capOCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+17.5% more to the cap−10.0% floor0% period start+18.0% cap+0.5% gain capturedTODAY · SPY +0.5%Between buffer and capOCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.10 pts+17.5% to cap−10.0% floor0% start+18.0% cap+0.5% gain capturedTODAY · SPY +0.5%

OCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.

OCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.
PBOC Between buffer and cap
Between buffer and capPBOC: reference +0.6% since period start, fund +0.7%; buffer 0 to −20; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.20 pts of buffer+12.3% more to the cap−20.0% floor0% period start+12.8% cap+0.6% gain capturedTODAY · SPY +0.6%Between buffer and capPBOC: reference +0.6% since period start, fund +0.7%; buffer 0 to −20; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.20 pts of buffer−20.0% floor0% start+12.8% cap+0.6% gain captured+12.3% more to the capTODAY · SPY +0.6%

PBOC: reference +0.6% since period start, fund +0.7%; buffer 0 to −20; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.

PBOC: reference +0.6% since period start, fund +0.7%; buffer 0 to −20; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

PBOC costs 0.24 points a year less; their one-year returns differ by 3.7 points; OCTT is 1.9 times larger.

Points (pts) are percentage points.

OCTT vs PBOC: Cap, Buffer & Days Left
MeasureOCTTPBOC
Return
Total return, 1 year+13.7%+10.0%
Drawdown
Index fall to the buffer0.5%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.74%0.50%
Net assets, as of Nov 3, 2026$121m$64m
Holdings
Holdings in commonnot published
ETFIQ Downside Cover Score · PBOC scores higher If the market falls into a bear market from here, how much does the buffer absorb?
IQ Buffer Score38.7OCTT98.1PBOC

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

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: OCTT vs PBOC: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowOCTTPBOCOCTTPBOC
3 months+2.4%+1.9%+2.8 pts+2.3 pts
6 months+6.4%+4.7%+1.9 pts+0.2 pts
1 year+13.7%+10.0%+0.2 pts−3.5 pts
3 years+51.9%–−24.5 pts–
Since launchNot the same days: OCTT Oct 2020 · PBOC May 2024+95.0%+26.4%−32.5 pts−18.4 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

OCTT AllianzIM U.S. Equity Buffer10 ETF - Oct · Absorbs the first 10% of loss on SPY and caps the gain at 18.0%, over a period ending Sep 30, 2027 PBOC PGIM S&P 500 Buffer 20 ETF - October · Absorbs the first 20% of loss on SPY and caps the gain at 12.8%, over a period ending Sep 30, 2027
Reference index SPY SPY
Buffer 10% 20%
Outcome period Oct 1, 2026 to Sep 30, 2027 Oct 1, 2026 to Sep 30, 2027
Days left 330 330
Starting cap +18.0% +12.8%
Can still gain 16.5% 11.6%
Fall before buffer 1.4% 1.2%
Protection left, index points 10.0% of 10.0% 20.0% of 20.0%
Index return this period +0.5% +0.6%
Fund return this period +0.7% +0.7%
State today Open Open
Expense ratio 0.74% 0.50%
Net assets, OCTT as of Nov 3, 2026 and PBOC as of Nov 4, 2026 $121m $64m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

OCTT resets first, on Sep 30, 2027, 330 days from now; PBOC runs to Sep 30, 2027, 330 days. OCTT can still gain 16.5% before its cap, PBOC 11.6%. A fall from here reaches OCTT’s buffer after 1.4% and PBOC’s after 1.2%. Both track SPY, so what separates them is where each is in its own period.

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About each fund
OCTT

From its price on Nov 4, 2026, the fund can gain about 16.5% more before it reaches its cap. The fund's price can fall 1.4% 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: 10.0% of the 10.0% 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.

PBOC

From its price on Nov 4, 2026, the fund can gain about 11.6% 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. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, OCTT or PBOC?
From their prices on Nov 4, 2026, OCTT can gain about 16.5% before its cap and PBOC about 11.6%, so OCTT has more room left this period.
Which resets first, OCTT or PBOC?
OCTT ends its outcome period on Sep 30, 2027 and PBOC on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, OCTT or PBOC?
OCTT charges 0.74% a year and PBOC charges 0.50%, so PBOC is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Sources and dates

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.

Cite this pageCitation, APA and Markdown

ETFIQ, OCTT against PBOC, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/octt-vs-pboc

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