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EJUL vs EOCT

Innovator Emerging Markets Power Buffer ETF

EJULBNYSE Arca

Innovator Emerging Markets Power Buffer ETF

EOCTBNYSE Arca

Overlap

0.3%by weight

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

EJUL0.89%EOCT0.89%

Avg volume · 30D

EJUL 3.8×the volume

EJUL55.9KEOCT14.6K

5Y return · a year

EOCT +3.2pt

EJUL+2.7%EOCT+5.9%

EJUL vs EOCT Performance

Oct 29, 2021 – Oct 30, 2026

+14.3%EJUL+33.3%EOCT

Oct 29, 2021 to Oct 30, 2026. EJUL +14.3%. EOCT +33.3%. Use the arrow keys to read each point.−10%0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
EJUL 0.89%
EOCT 0.89%
Fund size
EJUL $210M
EOCT $125M
1Y total return
EJUL +1.1%
EOCT +7.4%, better
Yield (12M)
EJUL 0.00%
EOCT No data
Holdings
EJUL 3
EOCT 3
Avg volume (30D)
EJUL 55.9K sh, better
EOCT 14.6K sh
NAV per share
EJUL $29.60
EOCT $33.43
52W range

ETF.net Grade

EJUL: Cost 47, Risk 58, Mission not scored, Tradability 73, Holdings not scored, Durability 93. EOCT: Cost 47, Risk 71, Mission 91, Tradability 76, Holdings not scored, Durability 80.
Pillar letters and Scores for EJUL, EOCT, with each pillar’s weight
PillarEJULEOCT
Cost30% weightC47C47
Mission25% weightNot scoredA91
Risk15% weightB58A71Higher
Tradability15% weightA73A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA93HigherA80

Rank among Emerging Markets Buffer funds

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

Same Category. EJUL and EOCT are both graded against the same 14 Emerging Markets Buffer funds, so their Grades compare head to head.

Emerging Markets Buffer⁠

Category · 14 funds
See all 14 ›

EOCT ranks 2nd and EJUL 4th of 14 funds in the Emerging Markets Buffer Category.

  1. Rank 1BEBUFInnovator Emerging Markets 10 Buffer ETFScore 62
  2. Rank 2BEJANInnovator Emerging Markets Power Buffer ETF - JanuaryScore 61
  3. Rank 2BEOCTInnovator Emerging Markets Power Buffer ETFScore 61
  4. Rank 4BEJULInnovator Emerging Markets Power Buffer ETFScore 58
  5. Rank 5CEAPRInnovator Emerging Markets Power Buffer ETF - AprilScore 54

Our read on each fund

ETF.net Research

EJULBInnovator Emerging Markets Power Buffer ETF

EOCTBInnovator Emerging Markets Power Buffer ETF

In short

EJUL Buffered downside is easy to find on the S&P 500. EJUL does it on emerging markets: it tracks EEM up to a cap and absorbs the first 15% of losses over a 12-month outcome period that resets every July.

EOCT Buffer ETFs mostly babysit the S&P 500. EOCT aims the same machinery at emerging markets: upside in the iShares MSCI EM ETF up to a cap, with the first 15% of a drop absorbed, then a reset every October.

Stated mandate

EJUL The Fund seeks to match the return of the iShares MSCI Emerging Markets ETF over the outcome period, subject to a stated upside cap and protection against the first 15% of losses.

EOCT The fund seeks capped exposure to the iShares MSCI EM ETF while protecting against the first 15% of losses during each approximately annual outcome period. It resets at the end of each period and may be held indefinitely.

Why people hold it

  • EJUL The trade is written into the fund's own documents: the first 15% of EEM's decline over the outcome period is absorbed before losses reach you.innovatoretfs.com
  • Emerging markets is thin ground for defined-outcome funds. Innovator's EEM-linked series (EJUL, EJAN, EBUF) is one of the few places this structure exists at all.
  • Running since 2019, and a plain 1940 Act ETF: no K-1, no bank note behind it, unlike the structured products that sell the same payoff shape.innovatoretfs.com
  • One of the easier funds in its buffer peer group to get in and out of, which matters in a category where trading costs can quietly eat the buffer.
  • EOCT Downside buffer where it is rare. Defined-outcome funds cluster around US large caps; this one applies a 15% buffer to emerging market stocks via the iShares MSCI EM ETF.innovatoretfs.com
  • The rules are fixed, not discretionary: 15% of losses absorbed and upside capped over each roughly one-year period, which resets on October 1. No manager judgment calls mid-period.innovatoretfs.com
  • October is one rung of a ladder. Innovator runs the same emerging markets buffer on January, April and July start dates (EJAN, EAPR, EJUL), so entry points can be staggered.innovatoretfs.cominnovatoretfs.com 2
  • At 0.89%, the fee sits right at the middle of the buffer-ETF pack, not at the expensive end.

Worth knowing

  • EJUL Buffer and cap are designed around a full July-to-June period. Buy mid-period and you inherit whatever buffer and upside are left, not the headline terms.innovatoretfs.com
  • Upside stops at the cap reset each July, so a runaway emerging markets rally leaves gains on the table. Protection is bought with ceiling.
  • 0.89% a year: median for buffer funds, but many multiples of a plain emerging markets index fund. And it's built for price return, not income.
  • EOCT Protection is rented, not free: the cap is reset each October off option prices at that moment. Emerging market swings can be violent, and the buffer sits before fees.innovatoretfs.com
  • It tracks the reference ETF's price move, so emerging market dividends are not passed through. The fund has not been paying distributions.
  • Small and lightly traded, and buying mid-period means your own buffer and cap differ from the headline numbers. Limit orders and a look at the issuer's daily figures help.innovatoretfs.com

Full EJUL profile⁠

Full EOCT profile⁠

EJUL vs EOCT Holdings

How EJUL and EOCT differ

Overlap by weight

0.3%

Shared holdings make up 0.9% of EOCT and 0.3% of EJUL.

Level by level

  • Holdings1 in both0.3%
  • Countryby domicile99.0%
  • Asset classEquity100%
  • Sector11 Sectors100%

Sector

Sector weights in EJUL and EOCT, widest gap first
SectorMore in EJULMore in EOCT
TechnologySame weight
FinancialsSame weight
Consumer DiscretionarySame weight
IndustrialsSame weight
CommunicationSame weight
MaterialsSame weight
EnergySame weight
Health CareSame weight
Consumer StaplesSame weight
UtilitiesSame weight
Real EstateSame weight

Country, concentration and asset class

Country by domicile

Country weights in EJUL and EOCT, widest gap first
CountryMore in EJULMore in EOCT
South KoreaEJUL +1.0 points
Other countries (17)EOCT +1.0 points

Outside the US: EJUL 1% developed, 99% emerging. EOCT 1% developed, 99% emerging.

Concentration

Weight in the 10 largest Holdings

  • EJUL105.6%
  • EOCT108.4%

Securities held

  • EJUL3
  • EOCT3

Asset class

EJUL
Equity
EOCT
Equity

Holdings

  • Only in EJUL2
  • In both1
  • Only in EOCT2

Only in EJUL

2 securities, 100% of EJUL by weight

  • Eem 06/30/2027 0.68 C92.25%
  • Eem 06/30/2027 68.41 P13.08%

Only in EOCT

2 securities, 100% of EOCT by weight

  • Eem 09/30/2027 0.67 C94.68%
  • Eem 09/30/2027 66.79 P12.81%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in EJUL and EOCT, widest gap first
HoldingMore in EJULMore in EOCT
Us Bank Mmda - Usbgfs 9 09/01/2037EOCT +0.66 points

All 6 EJUL holdings⁠All 6 EOCT 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.

EJUL vs EOCT Cost

Same expense ratio

$16,872

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

  • EJUL 0.89%

    $16,872

  • EOCT 0.89%

    $16,872

$10,000
30 years

Cost over time

  • EJUL 0.89%
  • EOCT 0.89%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EJUL $16,872EOCT $16,872

Year by year

YearEJULEOCT
10$1,576$1,576
20$5,953$5,953
30$16,872$16,872

Expense ratio

  • 0.89%EJUL
  • 0.89%EOCT
  • Middle half of Emerging Markets Buffer funds
  • Median 0.89%

EJUL 5th cheapest of 14 funds

EOCT 5th cheapest of 14 funds

EJUL vs EOCT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EJUL 0.00%
EOCT No data
Payout (12M)
EJUL None
EOCT None

Distribution history

Per share, 2019, same scale for both

EJUL1 paymentAll EJUL payments⁠
One bar per payment. 1 payment in 2019. Nov 19, 2019 $0.17. Use the arrow keys to read each point.$0$0.102019
EOCTAll EOCT payments⁠

No distribution history available.

EJUL vs EOCT Risk

Fall from peak · 5 years

  • EJUL
  • EOCT
Oct 29, 2021 to Oct 30, 2026. Worst fall: EJUL −19.5% · Oct 2022. Use the arrow keys to read each point.−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EJUL 7.8%, betterEOCT 8.5%
Return per unit of riskSharpe ratio, 3 years
EJUL 0.73EOCT 1.18, better
Worst fallMax drawdown, 5 years
EJUL −19.5%, betterEOCT −20.1%
Market sensitivityBeta, 5 years
EJUL 0.39EOCT 0.45

Popular comparisons

  • EJULBvsEBUFB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets 10 Buffer ETF

    Expense ratio
    0.89% · 0.89%
    Category
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  • EOCTBvsEBUFB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets 10 Buffer ETF

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  • EJULBvsEJANB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets Power Buffer ETF - January

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EOCTBvsEJANB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets Power Buffer ETF - January

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EJULBvsEAPRC

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets Power Buffer ETF - April

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EOCTBvsEAPRC

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets Power Buffer ETF - April

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.