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XBOC

GradeCChicago Board Options Exchange

Innovator U.S. Equity Accelerated 9 Buffer ETF

Accelerated Upside · Innovator · Inception 2021-10-01

$36.37+0.00 (+0.01%)

As of Sep 23, 2026, 2:06 PM EDT

History starts Oct 1, 2021.
Intraday session: up, 50 prints from 36.37 to 36.37. Range 36.26 to 36.38. Use the arrow keys to read each point.$36.25$36.30$36.3510 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$64M
1Y return
+10.9%
Yield · Last 12 months
—
Holdings
7
Volume · 30D
0M sh
NAV per share
$36.36
52W range
low $32.13high $36.39

The ETF.net XBOC Grade

C

49/ 100

Rank 5 of 6 in S&P 500 Accelerated, 9-12% Buffer⁠

Confidence Low

Six-pillar profile for XBOC. Scores out of 100: Cost 58, Risk 43, Mission not scored, Tradability 40, Holdings not scored, Durability 49. Strongest: Cost (58). Weakest: Tradability (40). 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.
    BScore 58
    Category rank4/6 · 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 43
    Category rank3/5 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 40
    Category rank5/6 · bottom quartile

  • 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.
    CScore 49
    Category rank4/6 · mid-pack

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

Our read on XBOC

ETF.net Research

CDouble the S&P 500's upside to a preset cap, with the first 9% of a drop absorbed and ordinary exposure after that. XBOC runs that bargain on an October-to-September clock and resets for a new one every year.

Stated mandate

The Fund seeks to deliver twice the increase of its Underlying ETF during the Outcome Period, subject to an upside return cap.

Why people hold it

  1. 01The deal is spelled out before you buy: 2x the underlying S&P 500 ETF's upside to a cap, roughly 1x on the way down after the first 9% of losses is absorbed.cboe.com
  2. 02Outcome periods run October through September and reset automatically, so the position can be held indefinitely instead of rebought each year.innovatoretfs.comsec.gov
  3. 030.79% expense ratio, the same sticker as its Innovator accelerated-buffer siblings (XBAP, XBJA, XBJL). No fee premium for picking the October start date.

Worth knowing

  1. 01The advertised outcomes assume you own it from the first day of the outcome period to the last. Buy midstream and your own cap and remaining buffer differ from the headline.sec.gov
  2. 02Built on the underlying ETF's price return, so S&P 500 dividends do not flow through to shareholders.sec.gov
  3. 03Thinly traded compared with mainstream index funds, which can mean wider bid-ask spreads at the moment you trade.

XBOC Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
7
Top-10 weight
119%
Largest holding
4SPY US 09/30/26 C6.64 FLX103.9%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—4SPY US 09/30/26 C6.64 FLX103.87%1,724$132M1
002—4SPY US 09/30/26 C666.15 FLX14.62%1,724$19M1
003—US BANK MMDA - USBGFS 9 09/01/20370.15%195,398$195K161
004—Cash & Other0.07%93,051$93K674
005—4SPY US 09/30/26 P666.15 FLX<0.01%1,724$9K1

Showing 1–5 of 5 holdings

XBOC Performance

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

XBOC$11,093
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. XBOC $11,093. 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 XBOC. Periods over one year show the average yearly return.
PeriodXBOC
Year to date+8.4%
1 month+0.6%
3 months+2.6%
1 year+10.9%
3 years+11.7%per year
5 yearsFund is under 5 years old—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 XBOC
YearReturn barXBOC
2026 YTD+8.4%
2025+11.1%
2024+8.4%
2023+20.1%
2022−7.6%
2021+3.8%

Since listing, Oct 1, 2021

XBOC in the news

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

XBOC Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

XBOC Risk

How much the fund’s monthly returns vary, scaled to a year.
6.0%
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.
1.10
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.
−13.4%
59 months · 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.
0.40
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.

XBOC Cost

Expense ratio0.79%
  • The middle half of S&P 500 Accelerated, 9-12% Buffer funds
  • Median 0.79%

No S&P 500 Accelerated, 9-12% Buffer fund charges less.

XBOC costs $79.00 a year on $10,000. The median S&P 500 Accelerated, 9-12% Buffer fund costs $79.00.