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POCT

GradeCChicago Board Options Exchange

Innovator U.S. Equity Power Buffer ETF

Buffered · Innovator · Inception 2018-10-01

$47.74−0.02 (−0.05%)

As of Sep 23, 2026, 3:05 PM EDT

Intraday session: down, 53 prints from 47.76 to 47.74. Range 47.71 to 47.86. Use the arrow keys to read each point.$47.70$47.80$47.8510 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$949M
1Y return
+11.1%
Yield · Last 12 months
0.00%
Holdings
6
Volume · 30D
0.1M sh
NAV per share
$47.70
52W range
low $42.28high $47.84

The ETF.net POCT Grade

C

49/ 100

Rank 19 of 61 in S&P 500 Buffer 15%⁠

Confidence Medium

Six-pillar profile for POCT. Scores out of 100: Cost 35, Risk 48, Mission not scored, Tradability 68, Holdings not scored, Durability 85. Strongest: Durability (85). Weakest: Cost (35). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 35
    Category rank44/61 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank33/57 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 68
    Category rank13/61 · top 21%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 85
    Category rank3/61 · top 5%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on POCT

ETF.net Research

COctober'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

  1. 01Absorbs 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
  2. 02FLEX 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
  3. 03Sits 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.
  4. 04Running 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

  1. 01The 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
  2. 02Buy 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
  3. 03Exposure 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

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
6
Top-10 weight
104%
Largest holding
4SPY US 09/30/26 C6.66 FLX103.8%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—4SPY US 09/30/26 C6.66 FLX103.81%12,869$987M1
002—US BANK MMDA - USBGFS 9 09/01/20370.28%2,665,258$3M161
003—4SPY US 09/30/26 P666.18 FLX0.01%12,869$103K1

Showing 1–3 of 3 holdings

POCT Performance

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

POCT$11,107
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. POCT $11,107. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+8.7%
1 month+1.0%
3 months+3.2%
1 year+11.1%
3 years+12.1%per year
5 years+10.3%per year
10 yearsFund is under 10 years old—per year

As of the close, 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+8.7%
2025+11.0%
2024+9.6%
2023+20.1%
2022−1.3%
2021+9.5%
2020+10.4%

POCT in the news

ETF.net Research hasn’t filed on POCT yet — coverage lands here as it’s written.

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 Sep 22, 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

How much the fund’s monthly returns vary, scaled to a year.
5.9%
Annualised · 36 months to Aug 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.
1.15
vs 3-month T-bills · to Aug 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.

POCT Cost

Expense ratio0.79%
  • The middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

22 of the 50 S&P 500 Buffer 15% funds charge less.

POCT costs $79.00 a year on $10,000. The median S&P 500 Buffer 15% fund costs $79.00.