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Launched

Innovator U.S. Equity Power Buffer ETF

POCTCboeInnovatorB

$47.63−0.17 (−0.36%)

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

B55/ 100

Rank 12 of 61 in S&P 500 Buffer 15%

B55/100Rank 12 of 61inS&P 500 Buffer 15%
Intraday session: down, 79 prints from 47.80 to 47.63. Range 47.62 to 48.05. Use the arrow keys to read each point.47.7047.9048.0010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$1.13B
1Y total return
+9.6%
Yield · Last 12 months
0.00%
Holdings
503
Avg volume · 30D
107K sh
52W range
low $42.28high $48.54
Launched

The ETF.net POCT Grade

B

Score 55 out of 100

Category
S&P 500 Buffer 15%⁠
Rank
12 of 61
Six-pillar profile for POCT. Scores out of 100: Cost 35, Risk 54, Mission 92, Tradability 64, Holdings 90, Durability 88. Strongest: Mission (92). Weakest: Cost (35). No single pillar leads.

Score 55 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.
    D35 out of 100
    Rank 34 of 61

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A92 out of 100
    Rank 3 of 7

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 18 of 60

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 16 of 61

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A90 out of 100
    Rank 2 of 34

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A88 out of 100
    Rank 1 of 61

Our read on POCT

ETF.net Research

In short

BOctober's slot in Innovator's Power Buffer lineup: S&P 500 exposure with the first 15% of a drop absorbed, in exchange for an upside cap set fresh each October 1. Same machinery as its sibling months, different start date.

Stated mandate

The Fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), subject to a predetermined cap, while protecting against the first 15% of losses during the outcome period.

Why people hold it

  • Absorbs the first 15% of a one-year decline in the S&P 500 tracker it references (before fees), then resets every October 1 and can be held indefinitely.innovatoretfs.com
  • FLEX options do the work inside a plain 1940 Act ETF: exchange-traded, no K-1, none of the bank credit risk that comes with a structured note.innovatoretfs.com
  • Sits in the upper tier of the buffer funds we track, helped by trading that holds up well for an options-based product and a fee in line with the category.
  • Running since 2018 with a full set of monthly siblings behind it, plus a laddered version (BUFF) that spreads across start months instead of picking one.

Worth knowing

  • The cap is set on the first day of each October period and depends on conditions then. Gains above it don't accrue, and the 0.79% fee trims both cap and buffer.innovatoretfs.com
  • Buy mid-period and you inherit whatever buffer and cap remain, not the headline terms. The outcomes are engineered for a full October-to-October hold.innovatoretfs.com
  • Exposure comes through options rather than shares, so index dividends don't show up as income; the fund isn't built as a payer.innovatoretfs.com

POCT Holdings

Holdings pillarA90 out of 100Rank 2 of 34 in S&P 500 Buffer 15%
Asset class
Stocks
Holdings
503
Top-10 weight
40%
Largest holding
AAPL7.5%

Sectors

  • Technology39.3%
  • Financials11.7%
  • Health Care9.8%
  • Consumer Discretionary9.2%
  • Communication8.9%
  • Industrials7.5%
  • Consumer Staples4.7%
  • Energy3.7%
  • Utilities2.0%
  • Real Estate1.7%
  • Materials1.5%

Geography

  • United States99.53%
  • Switzerland0.26%
  • China0.10%
  • Mexico0.05%
  • Ireland0.03%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 34.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1AAPLApple Inc7.53%246,704$85M723
2NVDANVIDIA Corp7.42%409,083$83.7M847
3MSFTMicrosoft Corp5.80%125,523$65.5M821
4No dataSpy 09/30/2027 762.63 P5.60%14,938$63.2M2
5AMZNAmazon.com Inc3.53%165,924$39.9M736
6GOOGLAlphabet Inc2.46%99,194$27.8M703
7AVGOBroadcom Inc2.32%80,423$26.2M749
8METAMeta Platforms Inc2.03%37,276$22.9M708
9GOOGAlphabet Inc1.98%80,349$22.4M478
10LLYEli Lilly & Co1.70%13,526$19.2M594
11TSLATesla Inc1.69%47,640$19M527
12BRK.BBerkshire Hathaway Inc1.51%31,482$17.1M375
13MUMicron Technology Inc1.50%19,091$16.9M684
14JPMJPMorgan Chase & Co.1.41%47,141$15.9M485
15AMDAdvanced Micro Devices Inc1.23%27,595$13.9M638

Showing 1–15 of 503 holdings

POCT Performance

Launched Oct 1, 2018

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.
POCT$10,960
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. POCT $10,960. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 POCT. Periods over one year show the average yearly return.
PeriodPOCT
Year to date+8.4%
1 month−1.0%
3 months+1.9%
1 year+9.6%
3 yearsper year+11.6%
5 yearsper year+9.6%
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 POCT
YearReturn barPOCT
2026 YTD+8.4%
2025+11.0%
2024+9.6%
2023+20.1%
2022−1.3%
2021+9.5%
2020+10.4%

POCT in the news

POCT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2019

One bar per payment. 1 payment in 2019. Nov 19, 2019 $0.56. Use the arrow keys to read each point.2019
Ex-datePay dateAmount per share
Nov 19, 2019Nov 21, 2019$0.56

POCT Risk

Risk pillarC54 out of 100Rank 18 of 60 in S&P 500 Buffer 15%
How much the fund’s monthly returns vary, scaled to a year.
5.8%
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.
1.30
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.
−10.2%
Trough Apr 2025
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.
0.40
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.

POCT Cost

Compare POCT and CAUG

Overpaying vs CAUG, tied cheapest in S&P 500 Buffer 15%

$9,025

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

  • POCT 0.79%

    $15,174

  • CAUG 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • POCT 0.79%
  • CAUG 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$20K051015202530POCT $15,174CAUG $6,149

Year by year

YearPOCTCAUGOverpaying
10$1,405$545$860
20$5,331$2,113$3,218
30$15,174$6,149$9,025

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