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IOCT vs QBIF

Innovator Intl Developed Power Buffer ETF

IOCTBNYSE Arca

AllianzIM International Equity Buffer15 ETF

QBIFBCboe

Overlap

Expense ratio

QBIF −0.11pt a year

IOCT0.85%QBIF0.74%

Avg volume · 30D

IOCT 7.6×the volume

IOCT22KQBIF2.9K

IOCT vs QBIF Performance

Jul 31, 2026 – Oct 30, 2026

+0.4%IOCT−1.2%QBIF

Jul 31, 2026 to Oct 30, 2026. IOCT +0.4%. QBIF −1.2%. Use the arrow keys to read each point.0%1%2%Jul 2026Sep 2026Oct 2026
Expense ratio
IOCT 0.85%
QBIF 0.74%, better
Fund size
IOCT $200M
QBIF $9M
1Y total return
IOCT +10.1%
QBIF No data
Holdings
IOCT 3
QBIF 3
Avg volume (30D)
IOCT 22K sh, better
QBIF 2.9K sh
NAV per share
IOCT $37.74
QBIF $26.00
52W range

ETF.net Grade

IOCT: Cost 38, Risk 59, Mission 72, Tradability 80, Holdings not scored, Durability 82. QBIF: Cost 78, Risk 76, Mission not scored, Tradability 35, Holdings 55, Durability 26.
Pillar letters and Scores for IOCT, QBIF, with each pillar’s weight
PillarIOCTQBIF
Cost30% weightD38A78Higher
Mission25% weightA72Not scored
Risk15% weightB59A76Higher
Tradability15% weightA80HigherD35
Holdings10% weightNot scoredB55
Durability5% weightA82HigherD26

Rank among Developed International 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. IOCT and QBIF are both graded against the same 26 Developed International Buffer 15% funds, so their Grades compare head to head.

Developed International Buffer 15%⁠

Category · 26 funds
See all 26 ›

QBIF ranks 2nd and IOCT 4th of 26 funds in the Developed International Buffer 15% Category.

  1. Rank 1BBUFIAB International Buffer ETFScore 65
  2. Rank 2BQBIFAllianzIM International Equity Buffer15 ETFScore 63
  3. Rank 3BIAUGInnovator Intl Developed Power Buffer ETFScore 58
  4. Rank 4BIJULInnovator Intl Developed Power Buffer ETFScore 55
  5. Rank 4BIOCTInnovator Intl Developed Power Buffer ETFScore 55
  6. Rank 4BJULIAllianzIM International Equity Buffer15 Uncapped Jul ETFScore 55

Our read on each fund

ETF.net Research

IOCTBInnovator Intl Developed Power Buffer ETF

QBIFBAllianzIM International Equity Buffer15 ETF

In short

IOCT Padding for the non-US sleeve. IOCT tracks the iShares MSCI EAFE ETF, absorbs the first 15% of losses over each 12-month outcome period, and gives up gains above a cap in exchange. The clock resets every October 1.

QBIF No data

Stated mandate

IOCT The fund seeks to track the return of the iShares MSCI EAFE ETF, subject to a cap, while protecting against the first 15% of losses during the outcome period.

QBIF No data

Why people hold it

  • IOCT The deal is written into the fund's own terms: the first 15 percentage points of the reference ETF's losses are absorbed over the outcome period, with upside capped at a level set at each reset.innovatoretfs.com
  • The reference asset is the iShares MSCI EAFE ETF, so the buffer sits on developed international stocks rather than the S&P 500 that most defined-outcome funds target.innovatoretfs.com
  • Part of a monthly series (IJUL, IMAY, IMAR, IAPR and more) running the same 15% structure on staggered start months, so entry points are not limited to one date a year.
  • Priced at 0.85%, the same as the median international buffer fund, and it grades in the upper half of a 17-fund peer group.

QBIF No data

Worth knowing

  • IOCT The 15% buffer and the cap are designed to work over a full outcome period. Buy partway through and you inherit whatever buffer and upside are left, not the headline terms.innovatoretfs.com
  • Volume is light compared with mainstream international funds, which can mean wider spreads on the way in and out.
  • This is an options package, not an income vehicle: it has not paid distributions over the past year, so any result shows up in the share price.

QBIF No data

Full IOCT profile⁠

Full QBIF profile⁠

IOCT vs QBIF 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.

IOCT vs QBIF Cost

Overpaying IOCT vs QBIF

$1,892

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

  • IOCT 0.85%

    $16,199

  • QBIF 0.74%

    $14,307

$10,000
30 years

Cost over time

  • IOCT 0.85%
  • QBIF 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530IOCT $16,199QBIF $14,307

Year by year

YearIOCTQBIFOverpaying
10$1,508$1,319$189
20$5,706$5,015$691
30$16,199$14,307$1,892

Expense ratio

  • 0.85%IOCT
  • 0.74%QBIF, cheaper
  • Middle half of Developed International Buffer 15% funds
  • Median 0.85%

QBIF 6th cheapest of 26 funds

IOCT 11th cheapest of 26 funds

IOCT vs QBIF Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
IOCT None
QBIF None

Distribution history

IOCTAll IOCT payments⁠

No distribution history available.

QBIFAll QBIF payments⁠

No distribution history available.

IOCT vs QBIF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IOCT 6.7%QBIF No data
Return per unit of riskSharpe ratio, 3 years
IOCT 1.29QBIF No data
Worst fallMax drawdown, 5 years
IOCT −16.9%QBIF No data
Market sensitivityBeta, 5 years
IOCT 0.35QBIF 0.03

Popular comparisons

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