EMAU vs EOCT: Grades, Fees and Holdings Compared

Corgi Emerging Markets Equities 15% Structured Buffer ETF - August Series

EMAUCCboe

Innovator Emerging Markets Power Buffer ETF

EOCTBNYSE Arca

Overlap

0.0%by weight

Expense ratio

EMAU −0.59pt a year

EMAU0.30%EOCT0.89%

Avg volume · 30D

EOCT 46.7×the volume

EMAU313EOCT14.6K

EMAU vs EOCT Performance

Sep 30, 2026 – Oct 30, 2026

−6.0%EMAU−4.8%EOCT

Expense ratio: EMAU 0.30%, better; EOCT 0.89%
Fund size: EMAU $1M; EOCT $125M
1Y total return: EMAU No data; EOCT +7.4%
Holdings: EMAU 4; EOCT 3
Avg volume (30D): EMAU 313 sh; EOCT 14.6K sh, better
NAV per share: EMAU $24.10; EOCT $33.43
52W range

ETF.net Grade

Pillar letters and Scores for EMAU, EOCT, with each pillar’s weight
Pillar	EMAU	EOCT
Cost30% weight	A90Higher	C47
Mission25% weight	Not scored	A91
Risk15% weight	D36	A71Higher
Tradability15% weight	F7	A76Higher
Holdings10% weight	Not scored	Not scored
Durability5% weight	F5	A80Higher

Rank among Emerging Markets Buffer funds

How we build Categories ›

Same Category. EMAU 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 EMAU 9th of 14 funds in the Emerging Markets Buffer Category.

Rank 1BEBUFInnovator Emerging Markets 10 Buffer ETFScore 62
Rank 2BEJANInnovator Emerging Markets Power Buffer ETF - JanuaryScore 61
Rank 2BEOCTInnovator Emerging Markets Power Buffer ETFScore 61
Rank 4BEJULInnovator Emerging Markets Power Buffer ETFScore 58
Rank 8CBUFEFT Vest Laddered Emerging Markets Buffer ETFScore 42
Rank 9CEMAUCorgi Emerging Markets Equities 15% Structured Buffer ETF - August SeriesScore 40
Rank 9CEMJLCorgi Emerging Markets Equities 15% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

EMAUCCorgi Emerging Markets Equities 15% Structured Buffer ETF - August Series

EOCTBInnovator Emerging Markets Power Buffer ETF

In short

EMAU No data

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

EMAU No data

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

EMAU No data

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.com innovatoretfs.com 2
At 0.89%, the fee sits right at the middle of the buffer-ETF pack, not at the expensive end.

Worth knowing

EMAU No data

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 EMAU profile⁠

Full EOCT profile⁠

EMAU vs EOCT Holdings

How EMAU and EOCT differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of EMAU and 0.0% of EOCT.

Level by level

Holdings0 in both0.0%
Sector11 Sectors97.3%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in EMAU and EOCT, widest gap first
Sector	More in EMAUMore in EOCT	EMAU	EOCT
Technology	EOCT +2.6 points	41.6%	44.2%
Financials	EMAU +1.2 points	20.4%	19.2%
Energy	EMAU +0.4 points	3.9%	3.5%
Consumer Discretionary	EMAU +0.3 points	7.8%	7.5%
Consumer Staples	EMAU +0.3 points	2.7%	2.4%
Utilities	EMAU +0.2 points	2.0%	1.8%
Communication	EMAU +0.1 points	6.0%	5.9%
Materials	EMAU +0.1 points	5.8%	5.7%
Health Care	EMAU +0.1 points	2.9%	2.8%
Industrials	EOCT +0.1 points	5.9%	6.0%
Real Estate	EMAU +0.1 points	1.0%	0.9%

Country, concentration and asset class

Country by domicile

Country weights in EMAU and EOCT, widest gap first
Country	More in EMAUMore in EOCT	EMAU	EOCT
Taiwan	Same weight	30.5%	30.5%
South Korea	Same weight	20.2%	20.2%
China	Same weight	19.9%	19.9%
India	Same weight	12.1%	12.1%
Brazil	Same weight	4.2%	4.2%
South Africa	Same weight	3.7%	3.7%
Mexico	Same weight	1.9%	1.9%
Poland	Same weight	1.3%	1.3%
Other countries (10)	Same weight	6.1%	6.1%

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

Concentration

Weight in the 10 largest Holdings

EMAU105.1%
EOCT108.4%

Securities held

EMAU3
EOCT3

Asset class

EMAU: Equity
EOCT: Equity

Holdings

Only in EMAU3
In both0
Only in EOCT3

Only in EMAU

3 securities, 100% of EMAU by weight

Eem 07/30/2027 12.86 C76.88%
United States Treasury Note/Bond 2.75% 07/31/202715.31%
Eem 07/30/2027 64.32 P10.46%

Only in EOCT

3 securities, 100% of EOCT by weight

Eem 09/30/2027 0.67 C94.68%
Eem 09/30/2027 66.79 P12.81%
Us Bank Mmda - Usbgfs 9 09/01/20370.93%

Weight gaps

EMAU and EOCT share no securities.

All EMAU 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.

EMAU vs EOCT Cost

Overpaying EOCT vs EMAU

$10,723

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

EMAU 0.30%
$6,149
EOCT 0.89%
$16,872

Amount$10,000

Years30 years

Cost over time

EMAU 0.30%
EOCT 0.89%
Overpaying

Year by year

Year	EMAU	EOCT	Overpaying
10	$545	$1,576	$1,031
20	$2,113	$5,953	$3,840
30	$6,149	$16,872	$10,723

Expense ratio

0.30%EMAU, cheaper
0.89%EOCT

EMAU0.30%EOCT0.89%

0.30%1.44%

Middle half of Emerging Markets Buffer funds
Median 0.89%

EMAU cheapest of 14 funds

EOCT 5th cheapest of 14 funds

EMAU vs EOCT Dividends

Last 12 months to Oct 30, 2026

Payout (12M): EMAU None; EOCT None

Distribution history

EMAUAll EMAU payments⁠

No distribution history available.

EOCTAll EOCT payments⁠

No distribution history available.

EMAU vs EOCT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: EMAU No dataEOCT 8.5%
Return per unit of riskSharpe ratio, 3 years: EMAU No dataEOCT 1.18
Worst fallMax drawdown, 5 years: EMAU No dataEOCT −20.1%
Market sensitivityBeta, 5 years: EMAU 0.00EOCT 0.45; Market = 1

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