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CAUG vs LOCT

Corgi U.S. Equities 15% Structured Buffer ETF - August Series

CAUGCCboe

Innovator Premium Income 15 Buffer ETF

LOCTCCboe

Overlap

Expense ratio

CAUG −0.49pt a year

CAUG0.30%LOCT0.79%

Avg volume · 30D

LOCT 4.9×the volume

CAUG410LOCT1.99K

CAUG vs LOCT Performance

Sep 30, 2026 – Oct 30, 2026

−0.4%CAUG+0.4%LOCT

Sep 30, 2026 to Oct 30, 2026. CAUG −0.4%. LOCT +0.4%. Use the arrow keys to read each point.0%0.75%1%1.25%Sep 30Oct 15Oct 30
Expense ratio
CAUG 0.30%, better
LOCT 0.79%
Fund size
CAUG $1M
LOCT $11M
1Y total return
CAUG No data
LOCT +5.4%
Yield (12M)
CAUG No data
LOCT 5.66%
Holdings
CAUG 4
LOCT 12
Avg volume (30D)
CAUG 410 sh
LOCT 1.99K sh, better
NAV per share
CAUG $25.21
LOCT $23.78
52W range

ETF.net Grade

CAUG: Cost 83, Risk 48, Mission not scored, Tradability 14, Holdings not scored, Durability 2. LOCT: Cost 35, Risk 68, Mission 34, Tradability 56, Holdings not scored, Durability 51.
Pillar letters and Scores for CAUG, LOCT, with each pillar’s weight
PillarCAUGLOCT
Cost30% weightA83HigherD35
Mission25% weightNot scoredD34
Risk15% weightC48B68Higher
Tradability15% weightF14B56Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF2C51Higher

Rank among S&P 500 Buffer 15% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CAUG and LOCT are both graded against the same 51 S&P 500 Buffer 15% funds, so their Grades compare head to head.

S&P 500 Buffer 15%⁠

Category · 51 funds
See all 51 ›

LOCT ranks 14th and CAUG 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 13CPJULInnovator U.S. Equity Power Buffer ETFScore 49
  2. Rank 14CLOCTInnovator Premium Income 15 Buffer ETFScore 48
  3. Rank 14CPMAYInnovator U.S. Equity Power Buffer ETF - MayScore 48
  4. Rank 30CGJANFT Vest U.S. Equity Moderate Buffer ETF - JanuaryScore 41
  5. Rank 33CCAUGCorgi U.S. Equities 15% Structured Buffer ETF - August SeriesScore 40
  6. Rank 33CCJULCorgi U.S. Equities 15% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

CAUGCCorgi U.S. Equities 15% Structured Buffer ETF - August Series

LOCTCInnovator Premium Income 15 Buffer ETF

In short

CAUG No data

LOCT Most buffer funds trade your upside for a capped shot at growth. LOCT trades it for income: a defined distribution rate paid monthly, with the first 15% of SPY's losses absorbed over each 12-month outcome period.

Stated mandate

CAUG No data

LOCT The Fund seeks performance equal to its Defined Distribution Rate for each Outcome Period while protecting against the first 15% of SPY losses during each 12-month Outcome Period.

Why people hold it

CAUG No data

  • LOCT Income-first design. The fund seeks performance equal to its stated Defined Distribution Rate for each outcome period, and it pays monthly rather than hoarding returns for the reset.
  • The first 15% of SPY losses in each 12-month outcome period is absorbed by the structure, and the terms reset every October like clockwork.
  • The 0.79% fee sits right at the median for its buffer peer group and matches Innovator's Power Buffer siblings (POCT, PJUL) for the same wrapper work.
  • Built as a 1940 Act fund, not a bank-issued note, so the defined outcome doesn't ride on a single issuer's balance sheet.

Worth knowing

CAUG No data

  • LOCT Upside is defined, not open-ended. The target is the distribution rate, so a roaring year in SPY doesn't flow through as extra return.
  • Small asset base and thin trading. Limit orders and a glance at the spread matter more here than with a mainstream index fund.
  • The buffer is measured from the start of the October outcome period. Buy mid-period and you inherit whatever protection is left, not a fresh 15%.

Full CAUG profile⁠

Full LOCT profile⁠

CAUG vs LOCT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CAUG vs LOCT Cost

Overpaying LOCT vs CAUG

$9,025

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

  • CAUG 0.30%

    $6,149

  • LOCT 0.79%

    $15,174

$10,000
30 years

Cost over time

  • CAUG 0.30%
  • LOCT 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530LOCT $15,174CAUG $6,149

Year by year

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

Expense ratio

  • 0.30%CAUG, cheaper
  • 0.79%LOCT
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

CAUG cheapest of 51 funds

LOCT 24th cheapest of 51 funds

CAUG vs LOCT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CAUG No data
LOCT 5.66%
Payout (12M)
CAUG None
LOCT $1.35
Last payment
CAUG No data
LOCT $0.11
Ex-dividend
CAUG No data
LOCT Oct 30, 2026
Paid on
CAUG No data
LOCT Pays Nov 2, 2026
Frequency
CAUG No data
LOCT Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CAUGAll CAUG payments⁠

No distribution history available.

LOCTMonthly · 37 paymentsAll LOCT payments⁠
One bar per payment. 37 payments from 2023 to 2026 YTD. Oct 30, 2023 $0.13; Nov 29, 2023 $0.13; Dec 28, 2023 $0.13; Jan 30, 2024 $0.13; Feb 28, 2024 $0.13; Mar 27, 2024 $0.13; Apr 29, 2024 $0.13; May 31, 2024 $0.13; Jun 28, 2024 $0.13; Jul 31, 2024 $0.13; Aug 30, 2024 $0.13; Sep 30, 2024 $0.13; Oct 31, 2024 $0.10; Nov 29, 2024 $0.10; Dec 31, 2024 $0.10; Jan 31, 2025 $0.10; Feb 28, 2025 $0.10; Mar 31, 2025 $0.10; Apr 30, 2025 $0.10; May 30, 2025 $0.10; Jun 30, 2025 $0.10; Jul 31, 2025 $0.10; Aug 29, 2025 $0.10; Sep 30, 2025 $0.10; Oct 31, 2025 $0.10; Nov 28, 2025 $0.10; Dec 31, 2025 $0.10; Jan 30, 2026 $0.10; Feb 27, 2026 $0.10; Mar 31, 2026 $0.10; Apr 30, 2026 $0.10; May 29, 2026 $0.10; Jun 30, 2026 $0.10; Jul 30, 2026 $0.10; Aug 31, 2026 $0.10; Sep 30, 2026 $0.10; Oct 30, 2026 $0.11. Use the arrow keys to read each point.$0$0.1020232026YTD

CAUG vs LOCT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CAUG No dataLOCT 1.7%
Return per unit of riskSharpe ratio, 3 years
CAUG No dataLOCT 0.78
Worst fallMax drawdown, 5 years
CAUG No dataLOCT −4.7%since Oct 2023
Market sensitivityBeta, 5 years
CAUG 0.00LOCT 0.11

CAUG and LOCT in the news

All news⁠

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