Data as of .
QBSV vs XBOC: which one stands where?
As of Sep 21, 2026 XBOC can fall 10.6% before its buffer engages and QBSV 3.5%, and XBOC resets 1 days sooner.
These are two different products. XBOC is a floor fund, which caps how far a holder can fall. QBSV is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
Where each one stands today
XBOC resets first, on Sep 30, 2026, 9 days from now; QBSV runs to Sep 30, 2026, 10 days. QBSV can still gain 1.7% before its cap, XBOC 0.0%. A fall from here reaches QBSV’s buffer after 3.5% and XBOC’s after 10.6%. Both track SPY, 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| QBSV | XBOC | QBSV | XBOC | |
| 3 months | +2.1% | +2.6% | −0.1 pts | +0.4 pts |
| 6 months | not published | +11.0% | not published | −7.0 pts |
| 1 year | not published | +11.0% | not published | −5.5 pts |
| 3 years | not published | +38.9% | not published | −39.5 pts |
| QBSV AllianzIM U.S. Equity Buffer5 ETF - Jan Absorbs the first 5% of loss on SPY and caps the gain at 5.3%, over a period ending Sep 30, 2026 | XBOC Innovator U.S. Equity Accelerated 9 Buffer ETF - Oct Absorbs the first 9% of loss on SPY and caps the gain at 11.7%, over a period ending Sep 30, 2026 | |
|---|---|---|
| Issuer | AllianzIM | Innovator |
| Reference index | SPY | SPY |
| Buffer | 5% | 9% |
| Outcome period | Jul 1, 2026 to Sep 30, 2026 | Sep 30, 2025 to Sep 30, 2026 |
| Days left | 10 | 9 |
| Starting cap | +5.3% | +11.7% |
| Can still gain | 1.7% | 0.0% |
| Fall before buffer | 3.5% | 10.6% |
| Protection left, index points | 5.0% of 5.0% | 9.0% of 9.0% |
| Index return this period | +3.6% | +16.2% |
| Fund return this period | +3.4% | +10.8% |
| State today | Open | At cap |
| Expense ratio | 0.64% | 0.79% |
| Net assets | $27m | $64m |
QBSV in plain words
From its price on Sep 21, 2026, the fund can gain about 1.7% more before it reaches its cap. The fund's price can fall 3.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% from today's level to the point where the buffer begins. Protection left, in index points: 5.0% of the 5.0% buffer still sits below today's SPY level. 10 days remained on Sep 21, 2026. On Sep 30, 2026 the period ends and a new cap is set.
XBOC in plain words
SPY had already risen past this fund's cap of +11.7% for the period on Sep 21, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 0.0% as the period runs out. The fund's price can fall 10.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 13.9% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 9 days remained on Sep 21, 2026.
Questions people ask
- Which has more room to gain, QBSV or XBOC?
- From their prices on Sep 21, 2026, QBSV can gain about 1.7% before its cap and XBOC about 0.0%, so QBSV has more room left this period.
- Which resets first, QBSV or XBOC?
- QBSV ends its outcome period on Sep 30, 2026 and XBOC on Sep 30, 2026. A new cap is set the day after each.
- Which is cheaper, QBSV or XBOC?
- QBSV charges 0.64% a year and XBOC charges 0.79%, so QBSV is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QBSV against XBOC, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/qbsv-vs-xboc Free to use with attribution; the underlying files are at Open data.