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Launched · SEC filings

Innovator Emerging Markets Power Buffer ETF

EOCTNYSE ArcaInnovatorB

$33.75+0.07 (+0.20%)

At close: Nov 2, 2026, 4:00 PM ET

B61/ 100

Rank 2 of 16 in Emerging Markets Buffer

B61/100Rank 2 of 16inEmerging Markets Buffer
Intraday session: up, 79 prints from 33.68 to 33.75. Range 33.65 to 34.08. Use the arrow keys to read each point.33.8033.9034.0034.1010 AM12 PM2 PM4 PM
Expense ratio
0.89%
Fund size
$125M
1Y total return
+7.4%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
14.6K sh
52W range
low $30.55high $36.03
Launched
Filings
SEC EDGAR

The ETF.net EOCT Grade

Based on 5 of 6 pillars

B

Score 61 out of 100

Category
Emerging Markets Buffer⁠
Rank
2 of 16
Six-pillar profile for EOCT. Scores out of 100: Cost 47, Risk 71, Mission 91, Tradability 76, Holdings not scored, Durability 80. Strongest: Mission (91). Weakest: Cost (47). Based on 5 of 6 pillars.

Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C47 out of 100
    Rank 7 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A91 out of 100
    Rank 2 of 2

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A71 out of 100
    Rank 3 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A76 out of 100
    Rank 3 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 3 of 16

Our read on EOCT

ETF.net Research

In short

BBuffer ETFs mostly babysit the S&P 500. EOCT aims the same machinery at emerging markets: upside in the iShares MSCI EM ETF up to a cap, with the first 15% of a drop absorbed, then a reset every October.

Stated mandate

The fund seeks capped exposure to the iShares MSCI EM ETF while protecting against the first 15% of losses during each approximately annual outcome period. It resets at the end of each period and may be held indefinitely.

Why people hold it

  • Downside buffer where it is rare. Defined-outcome funds cluster around US large caps; this one applies a 15% buffer to emerging market stocks via the iShares MSCI EM ETF.innovatoretfs.com
  • The rules are fixed, not discretionary: 15% of losses absorbed and upside capped over each roughly one-year period, which resets on October 1. No manager judgment calls mid-period.innovatoretfs.com
  • October is one rung of a ladder. Innovator runs the same emerging markets buffer on January, April and July start dates (EJAN, EAPR, EJUL), so entry points can be staggered.innovatoretfs.cominnovatoretfs.com 2
  • At 0.89%, the fee sits right at the middle of the buffer-ETF pack, not at the expensive end.

Worth knowing

  • Protection is rented, not free: the cap is reset each October off option prices at that moment. Emerging market swings can be violent, and the buffer sits before fees.innovatoretfs.com
  • It tracks the reference ETF's price move, so emerging market dividends are not passed through. The fund has not been paying distributions.
  • Small and lightly traded, and buying mid-period means your own buffer and cap differ from the headline numbers. Limit orders and a look at the issuer's daily figures help.innovatoretfs.com

EOCT Holdings

Asset class
Stocks
Holdings
3
Top-10 weight
108%
Largest holding
Eem 09/30/2027 0.67 C94.7%

Sectors

  • Technology44.2%
  • Financials19.2%
  • Consumer Discretionary7.5%
  • Industrials6.0%
  • Communication5.9%
  • Materials5.7%
  • Energy3.5%
  • Health Care2.8%
  • Consumer Staples2.4%
  • Utilities1.8%
  • Real Estate0.9%

Geography

  • Taiwan30.49%
  • South Korea20.22%
  • China19.93%
  • India12.11%
  • Brazil4.24%
  • South Africa2.81%
  • Mexico1.87%
  • Poland1.30%
  • Other countries (13)7.03%

Developed 1% · Emerging 99% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataEem 09/30/2027 0.67 C94.68%19,864$118M1
2No dataEem 09/30/2027 66.79 P12.81%19,864$16M1
3No dataUs Bank Mmda - Usbgfs 9 09/01/20370.93%1,156,327$1.16M163

Showing 1–3 of 3 holdings

EOCT Performance

Launched Oct 1, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
EOCT$10,743
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. EOCT $10,743. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EOCT. Periods over one year show the average yearly return.
PeriodEOCT
Year to date+6.4%
1 month−4.8%
3 months−1.4%
1 year+7.4%
3 yearsper year+15.1%
5 yearsper year+5.9%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EOCT
YearReturn barEOCT
2026 YTD+6.4%
2025+22.1%
2024+9.6%
2023+6.3%
2022−10.7%
2021−0.5%

Since listing, Oct 1, 2021

EOCT in the news

EOCT Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

EOCT Risk

Risk pillarA71 out of 100Rank 3 of 16 in Emerging Markets Buffer
How much the fund’s monthly returns vary, scaled to a year.
8.5%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.18
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−20.1%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.45
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

EOCT Cost

Compare EOCT and EMAU

Overpaying vs EMAU, tied cheapest in Emerging Markets Buffer

$10,723

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EOCT 0.89%

    $16,872

  • EMAU 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • EOCT 0.89%
  • EMAU 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EOCT $16,872EMAU $6,149

Year by year

YearEOCTEMAUOverpaying
10$1,576$545$1,031
20$5,953$2,113$3,840
30$16,872$6,149$10,723

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