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Launched

Innovator U.S. Equity Accelerated 9 Buffer ETF

XBOCCboeInnovatorC

$35.63−1.07 (−2.92%)

At close: Nov 5, 2026, 4:00 PM ET

C51/ 100

Rank 4 of 6 in S&P 500 Accelerated, 9-12% Buffer

C51/100Rank 4 of 6inS&P 500 Accelerated, 9-12% Buffer
Intraday session: down, 78 prints from 36.70 to 35.63. Range 35.63 to 36.59. Use the arrow keys to read each point.35.8036.0036.2036.4010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$60M
1Y total return
+7.9%
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
5.25K sh
52W range
low $32.13high $36.86
Launched

The ETF.net XBOC Grade

C

Score 51 out of 100

Category
S&P 500 Accelerated, 9-12% Buffer⁠
Rank
4 of 6
Six-pillar profile for XBOC. Scores out of 100: Cost 59, Risk 41, Mission 92, Tradability 46, Holdings 59, Durability 49. Strongest: Mission (92). Weakest: Risk (41). Leans toward Mission.

Score 51 of 100 falls in the C 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.
    B59 out of 100
    Rank 1 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A92 out of 100
    No data

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 4 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 4 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B59 out of 100
    Rank 1 of 4

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 4 of 6

Our read on XBOC

ETF.net Research

In short

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

  • The 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
  • Outcome periods run October through September and reset automatically, so the position can be held indefinitely instead of rebought each year.innovatoretfs.comsec.gov
  • 0.79% 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

  • The 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
  • Built on the underlying ETF's price return, so S&P 500 dividends do not flow through to shareholders.sec.gov
  • Thinly traded compared with mainstream index funds, which can mean wider bid-ask spreads at the moment you trade.

XBOC Holdings

Holdings pillarB59 out of 100Rank 1 of 4 in S&P 500 Accelerated, 9-12% Buffer
Asset class
Stocks
Holdings
5
Top-10 weight
112%
Largest holding
VOO98.5%

Sectors

  • Technology40.5%
  • Financials11.1%
  • Communication10.0%
  • Health Care9.3%
  • Consumer Discretionary8.8%
  • Industrials7.6%
  • Consumer Staples4.3%
  • Energy3.4%
  • Utilities1.9%
  • Real Estate1.7%
  • Materials1.6%

Geography

  • United States99.53%
  • Switzerland0.25%
  • China0.09%
  • Mexico0.06%
  • Ireland0.04%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1VOOVanguard S&P 500 ETF98.45%83,327$58.7M65
2No dataVoo 09/30/2027 700.88 C8.56%850$5.1M1
3No dataVoo 09/30/2027 700.88 P4.69%850$2.8M1
4No dataUs Bank Mmda - Usbgfs 9 09/01/20370.20%120,134$120K164
5No dataVoo 09/30/2027 728.92 C0.12%17$72.4K1

Showing 1–5 of 5 holdings

XBOC 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.
XBOC$10,787
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. XBOC $10,787. SPY $10,934. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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+6.2%
1 month−2.8%
3 months−1.1%
1 year+7.9%
3 yearsper year+10.2%
5 yearsper year+7.3%
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 XBOC
YearReturn barXBOC
2026 YTD+6.2%
2025+11.1%
2024+8.4%
2023+20.1%
2022−7.6%
2021+3.8%

Since listing, Oct 1, 2021

XBOC in the news

XBOC Dividends

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

No distributions in the last 12 months.

XBOC Risk

Risk pillarC41 out of 100Rank 4 of 6 in S&P 500 Accelerated, 9-12% Buffer
How much the fund’s monthly returns vary, scaled to a year.
6.0%
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.
1.16
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.
−13.4%
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.

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

XBOC Cost

Tied cheapest in S&P 500 Accelerated, 9-12% Buffer

$15,174

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

  • XBOC 0.79%

    $15,174

$10,000
30 years

Cost over time

  • XBOC 0.79%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XBOC $15,174

Year by year

YearXBOC
10$1,405
20$5,331
30$15,174

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