Data as of Nov 4, 2026.

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Buffer ETFs

POCT vs SIXO: Cap, Buffer & Days Left

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As of Nov 4, 2026 SIXO can fall 1.0% before its buffer engages and POCT 0.8%, and SIXO resets 183 days sooner.

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Net assets: $1.1bn on Nov 4, 2026 for Innovator U.S. Equity Power Buffer ETF - Oct, and $119m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Apr.

At a glance
0.8%
POCT can fall this far before its buffer
1.0%
SIXO can fall this far before its buffer
14.7%
POCT can still gain
6.7%
SIXO can still gain
POCT Between buffer and cap
Between buffer and capPOCT: reference +0.5% since period start, fund +0.7%; buffer 0 to −15; cap +15.6%; Between buffer and cap. Data to Nov 4, 2026.15 pts of buffer+15.1% more to the cap−15.0% floor0% period start+15.6% cap+0.5% gain capturedTODAY · SPY +0.5%Between buffer and capPOCT: reference +0.5% since period start, fund +0.7%; buffer 0 to −15; cap +15.6%; Between buffer and cap. Data to Nov 4, 2026.15 pts+15.1% to cap−15.0% floor0% start+15.6% cap+0.5% gain capturedTODAY · SPY +0.5%

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.

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.
SIXO Between buffer and cap
Between buffer and capSIXO: reference +0.5% since period start, fund +0.6%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+7.2% to cap−10.0% floor0% period start+7.7% cap+0.5% gain capturedTODAY · SPY +0.5%Between buffer and capSIXO: reference +0.5% since period start, fund +0.6%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Data to Nov 4, 2026.10 pts−10.0% floor0% start+7.7% cap+0.5% gain captured+7.2% more to the capTODAY · SPY +0.5%

SIXO: reference +0.5% since period start, fund +0.6%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Data to Nov 4, 2026.

SIXO: reference +0.5% since period start, fund +0.6%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

SIXO costs 0.05 points a year less; their one-year returns differ by 3.5 points; POCT is 9.2 times larger.

Points (pts) are percentage points.

POCT vs SIXO: Cap, Buffer & Days Left
MeasurePOCTSIXO
Return
Total return, 1 year+11.3%+7.8%
Drawdown
Index fall to the buffer0.5%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.74%
Net assets, as of Nov 3, 2026$1.1bn$119m
Holdings
Holdings in commonnot 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 Score83.2POCT38.7SIXO

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

Risk and return

Oct 8, 2021 to Oct 30, 2026 · 264 weekly returns · each against SPY
POCT SIXO
Return
Total return edge POCT +61.7% +44.7%
Annualized edge POCT +9.9% +7.5%
Price return edge POCT +61.7% +44.7%
Risk
Volatility edge POCT 7.4% 8.6%
Max drawdown edge POCT −9.3% −11.5%
Downside capture 45.7% 55.9%
Beta 0.43 0.51
Risk-adjusted
Sharpe edge POCT 0.79 0.43
Sortino edge POCT 1.22 0.62
Treynor 0.136 0.074
Calmar edge POCT 1.07 0.66
Against the benchmark
Alpha +1.8% a year −1.1% a year
Alpha t-stat 1.59 −0.88
Information ratio −0.38 −0.68
Tracking error 9.6% 8.4%
Reading

From Oct 2021 to Oct 2026, POCT returned more: +61.7% to +44.7%. POCT swung less: 7.4% to 8.6%. POCT fell less at its worst: −9.3% to −11.5%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: POCT vs SIXO: Cap, Buffer & Days Left
MeasurePOCTSIXOSPYEdgeHow it is measured
Return
Total return+61.7%+44.7%POCTPrice change plus distributions, reinvested.
Annualized+9.9%+7.5%POCTTotal return as a yearly rate.
Price return+61.7%+44.7%POCTPrice change alone, distributions left out.
Risk
Volatility7.4%8.6%POCTSpread of weekly returns, annualized. Lower is steadier.
Downside deviation4.8%6.1%POCTLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−9.3%−11.5%POCTDeepest fall from a high to the low after it.
Upside capture34.6%37.5%100.0%SIXO (slight)Share of its benchmark's rise caught in the weeks it rose.
Downside capture45.7%55.9%100.0%POCTShare of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.430.511.00POCT lowerHow far it moves for each 1% its benchmark moves.
R squared0.890.901.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.790.43POCTReturn above Treasury bills per unit of volatility.
Sortino1.220.62POCTReturn above Treasury bills per unit of downside deviation.
Treynor0.1360.0740.095POCTReturn above Treasury bills per unit of beta.
Calmar1.070.66POCTAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPYSPYSPYThe ETF each fund is measured against.
Alpha+1.8% a year−1.1% a year0.0%Not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat1.59−0.88Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.4% to +4.0%−3.4% to +1.3%Both include zeroThe 95% range for the yearly alpha.
Information ratio−0.38−0.68POCTReturn against its benchmark per unit of tracking error.
Tracking error9.6%8.4%0.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 264 weekly returns. Cash rate: the 13-week Treasury bill.

Window by window

Window by window: POCT vs SIXO: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowPOCTSIXOPOCTSIXO
3 months+2.2%+1.4%+2.6 pts+1.8 pts
6 months+5.3%+3.9%+0.8 pts−0.6 pts
1 year+11.3%+7.8%−2.3 pts−5.8 pts
3 years+40.0%+33.1%−36.4 pts−43.3 pts
Since launchNot the same days: POCT Oct 2018 · SIXO Oct 2021+100.3%+46.3%−62.5 pts−30.3 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

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 SIXO AllianzIM U.S. Equity Buffer10 ETF - Apr · Absorbs the first 10% of loss on SPY and caps the gain at 7.7%, over a period ending Mar 31, 2027
Reference index SPY SPY
Buffer 15% 10%
Outcome period Sep 30, 2026 to Sep 30, 2027 Oct 1, 2026 to Mar 31, 2027
Days left 330 147
Starting cap +15.6% +7.7%
Can still gain 14.7% 6.7%
Fall before buffer 0.8% 1.0%
Protection left, index points 15.0% of 15.0% 10.0% of 10.0%
Index return this period +0.5% +0.5%
Fund return this period +0.7% +0.6%
State today Open Open
Expense ratio 0.79% 0.74%
Net assets, POCT as of Nov 4, 2026 and SIXO as of Nov 3, 2026 $1.1bn $119m

As of Nov 4, 2026. Source: ETFIQ.

They do not reset together. SIXO has 147 days of its period left and POCT has 330, so the two are not the same bet on the same months.

Where each one stands today

SIXO resets first, on Mar 31, 2027, 147 days from now; POCT runs to Sep 30, 2027, 330 days. POCT can still gain 14.7% before its cap, SIXO 6.7%. A fall from here reaches POCT’s buffer after 0.8% and SIXO’s after 1.0%. Both track SPY, so what separates them is where each is in its own period.

Client brief:

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About each fund
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. In index terms, SPY can fall 0.5% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% 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.

SIXO

From its price on Nov 4, 2026, the fund can gain about 6.7% more before it reaches its cap. The fund's price can fall 1.0% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 147 days remained on Nov 4, 2026. On Mar 31, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, POCT or SIXO?
From their prices on Nov 4, 2026, POCT can gain about 14.7% before its cap and SIXO about 6.7%, so POCT has more room left this period.
Which resets first, POCT or SIXO?
POCT ends its outcome period on Sep 30, 2027 and SIXO on Mar 31, 2027. A new cap is set the day after each.
Which is cheaper, POCT or SIXO?
POCT charges 0.79% a year and SIXO charges 0.74%, so SIXO 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, POCT against SIXO, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/poct-vs-sixo

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