Data as of Nov 4, 2026.
LOCT vs OARK: Dividend Yield & Total Return
Over the year to Nov 4, 2026, OARK paid 33.3% of its price in cash against LOCT’s 5.2%, though LOCT returned more with it reinvested.
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Net assets: $11m on Nov 4, 2026 for Innovator Premium Income 15 Buffer ETF - October, and $38m on Nov 3, 2026 for YieldMax Innovation Option Income Strategy ETF.
9 pts behind VOO
LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
VOO
+14.8%
LOCT
+5.8%
5.2% as cash
9 pts behind VOO
Total return, distributions reinvested
9 pts behind VOO
LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
VOO
+14.8%
LOCT
+5.8%
9 pts behind VOO
5.2% of it arrived as cash. Total return, distributions reinvested. LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1.1 pts ahead of ARKK
OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.
ARKK
−3.7%
OARK
−2.6%
1.1 pts ahead of ARKK
Total return, distributions reinvested
1.1 pts ahead of ARKK
OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.
ARKK
−3.7%
OARK
−2.6%
1.1 pts ahead of ARKK
33.3% of it arrived as cash. Both charts share one scale, with zero at the line. OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
LOCT costs 0.21 points a year less; their one-year returns differ by 8.4 points; OARK is 3.5 times larger.
Points (pts) are percentage points.
| Measure | LOCT | OARK |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.8% | −2.6% |
| Price change, 1 year | rose 0.4% | fell 36.6% |
| Return of capital, issuer estimate | 35% of the Nov 2, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | ARK Innovation ETF, measured through ARKK |
| Against its benchmark, same days | behind by 9.0 pts | ahead by 1.1 pts |
| Cost and size | ||
| Expense ratio | 0.79% | 1.00% |
| Net assets, as of Nov 3, 2026 | $11m | $38m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Risk and return
Oct 13, 2023 to Oct 30, 2026 · 159 weekly returnsEach against its own benchmark: LOCT against VOO, Oct 13, 2023 to Oct 30, 2026; OARK against ARKK, Dec 2, 2022 to Oct 30, 2026.
From Oct 2023 to Oct 2026, OARK returned more: +62.7% to +18.7%. LOCT swung less: 2.7% to 28.8%. LOCT fell less at its worst: −3.2% to −34.1%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | LOCT | OARK | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +18.7% | +62.7% | OARK | Price change plus distributions, reinvested. |
| Annualized | +5.8% | +17.3% | OARK | Total return as a yearly rate. |
| Price return | −0.2% | −57.9% | LOCT | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 2.7% | 28.8% | LOCT | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.0% | 20.1% | LOCT | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −3.2% | −34.1% | LOCT | Deepest fall from a high to the low after it. |
| Upside capture | 10.5% | 50.3% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 8.7% | 92.7% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.15 | 0.73 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.61 | 0.91 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.44 | 0.54 | OARK | Return above Treasury bills per unit of volatility. |
| Sortino | 0.60 | 0.78 | OARK | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.080 | 0.117 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.81 | 0.51 | LOCT | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VOO | ARKK | The ETF each fund is measured against. | |
| Alpha | −1.2% a year | −7.8% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.24 | −1.74 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −3.1% to +0.7% | −16.7% to +1.0% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −1.23 | −1.00 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 12.2% | 13.9% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 159 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, LOCT and OARK hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | LOCT | OARK | LOCT | OARK | LOCT | OARK |
| 3 months | +1.2% | +1.6% | 1.3% | 8.3% | +1.3 pts | −3.9 pts |
| 6 months | +2.4% | −2.3% | 2.6% | 17.8% | −2.6 pts | −3.3 pts |
| 1 year | +5.8% | −2.6% | 5.2% | 33.3% | −9.0 pts | +1.1 pts |
| 3 years | +17.9% | +62.6% | 16.8% | 95.8% | −65.4 pts | −36.1 pts |
| Since launchNot the same days: LOCT Oct 2023 · OARK Nov 2022 | +19.3% | +47.8% | 17.5% | 90.4% | −67.1 pts | −75.3 pts |
Client brief:
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LOCT
Over the year to Nov 4, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.4%. With every distribution reinvested, the fund returned +5.8%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 9.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.8%, paid monthly. Innovator estimates that 35% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
OARK
Over the year to Nov 4, 2026, OARK paid 33.3% of its starting value in cash distributions while its price fell 36.6%. With every distribution reinvested, the fund returned −2.6%. ARK Innovation ETF (ARKK) returned −3.7% over the same days, so a holder was ahead by 1.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.8%, paid weekly.
Questions people ask
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.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, LOCT against OARK, data as of Nov 4, 2026. https://etfiq.com/compare/income/loct-vs-oark
ETFIQ. (Nov 4, 2026). LOCT against OARK. Retrieved from https://etfiq.com/compare/income/loct-vs-oark
[LOCT against OARK (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/loct-vs-oark)
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