Innovator Emerging Markets Power Buffer ETF
$35.14−0.12 (−0.34%)
- 0.89%
- $121M
- +15.1%
- 0M sh
- $35.20
- low $30.55high $36.03
The ETF.net EOCT Grade
B
Score 57 out of 100
- 3 of 16
Score 57 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.D37 out of 100Rank 8 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A91 out of 100Rank 2 of 2Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B68 out of 100Rank 3 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 2 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 3 of 16
Our read on EOCT
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.
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
- 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
- Stocks
- 3
- 106%
- Eem 09/30/2027 0.67 C
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%
EOCT Performance
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$11,512
Returns run to the Oct 12, 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.
| Period | EOCT |
|---|---|
| Year to date | +11.2% |
| 1 month | +0.2% |
| 3 months | +2.9% |
| 1 year | +15.1% |
| 3 years | +16.1% |
| 5 years | +7.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EOCT |
|---|---|---|
| 2026 YTD | +11.2% | |
| 2025 | +22.1% | |
| 2024 | +9.6% | |
| 2023 | +6.3% | |
| 2022 | −10.7% | |
| 2021 | −0.5% |
EOCT in the news
EOCT Dividends
No distributions in the last 12 months.
EOCT Risk
- 7.9%
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.
- 1.40
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.
- −20.4%
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.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EOCT Cost
0.89%
EOCT0.89%
- The middle half of Emerging Markets Buffer funds
- Median 0.89%
5 of the 14 Emerging Markets Buffer funds charge less.
Other funds in Emerging Markets Buffer
- ABUFEFirst Trust Exchange-Traded Fund VIII - FT Vest Laddered Emerging Markets Buffer ETFExpense ratio 0.10%1 year return —
- BEBUFInnovator Emerging Markets 10 Buffer ETFExpense ratio 0.89%1 year return +14.4%
- CEJANInnovator Emerging Markets Power Buffer ETF - JanuaryExpense ratio 0.89%1 year return +13.0%
- CEJULInnovator Emerging Markets Power Buffer ETFExpense ratio 0.89%1 year return +9.1%
- CEAPRInnovator Emerging Markets Power Buffer ETF - AprilExpense ratio 0.89%1 year return +16.8%