LOCT: Innovator Premium Income 15 Buffer ETF - October
Innovator · Buffer / Defined Outcome · Tracks S&P 500
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year LOCT paid 5.3% but returned +4.8% in total, so about 88% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | 20% |
| Earned % (1 year) | 88% |
| Earned % (full history, up to 5 yrs) | 97% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 65.0 / 100 · rank #92 of 420. How the score works
Risk
| Sortino ratio (1Y) | 0.43 |
| Sharpe ratio (1Y) | 0.32 |
| Steadiness vs S&P 500 | 500%+ |
| Beta to S&P 500 | 0.13 |
| Correlation to S&P 500 | 0.80 |
| Max drop (1Y) | -1.2% |
| Max drop (up to 5 yrs) | -4.7% |
| Trend | Downtrend |
| History | 3.1 yrs |
Vs. SPY (what it's built on)
| Upside capture | 13% |
| Downside capture | 9% |
| Capture ratio | – |
| Beta | 0.13 |
| Correlation | 0.80 |
| Tracking | Loosely |
On days SPY rose, LOCT caught 13% of the gain; on days it fell, LOCT took 9% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Quarterly.
| Ex-date | Amount |
|---|---|
| 2026-10-30 | $0.1140 |
| 2026-09-30 | $0.1030 |
| 2026-08-31 | $0.1030 |
| 2026-07-31 | $0.1030 |
| 2026-06-30 | $0.1030 |
| 2026-05-29 | $0.1030 |
| 2026-04-30 | $0.1030 |
| 2026-03-31 | $0.1030 |
| 2026-02-27 | $0.1030 |
| 2026-01-30 | $0.1030 |
| 2025-12-31 | $0.1030 |
| 2025-11-28 | $0.1030 |
Funds that track the same thing
Other S&P 500 income funds, ranked by DT Score. See them all · Compare LOCT with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XYLD Global X S&P 500 Covered Call ETF | Index Covered Call / Option Income | 10.2% | 10.6% | +11.7% | 107% | 52% | 43% | Loosely | 76 | 58 | Downtrend |
| PBP Invesco S&P 500 BuyWrite ETF | Index Covered Call / Option Income | 9.6% | 12.5% | +12.7% | 99% | 52% | 42% | Loosely | 75 | 58 | Downtrend |
| GPIX Goldman Sachs S&P 500 Premium Income ETF | Index Covered Call / Option Income | 8.9% | 7.9% | +10.9% | 123% | 87% | 85% | Closely | 75 | 46 | Downtrend |
| SPHD Invesco S&P 500 High Dividend Low Volatility ETF | Equity Income / Dividend Growth | 5.0% | 4.8% | +16.1% | 304% | 15% | -4% | Weakly | 74 | 78 | Mixed |
| APRH Innovator Premium Income 20 Barrier ETF - April | Buffer / Defined Outcome | 8.4% | 7.5% | +7.1% | 97% | 13% | 5% | Weakly | 73 | 69 | Downtrend |
| SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF | Equity Income / Dividend Growth | 4.2% | 4.2% | +21.9% | 444% | 31% | 8% | Weakly | 73 | 83 | Uptrend |
| BALI iShares U.S. Large Cap Premium Income Active ETF | Index Covered Call / Option Income | 6.5% | 7.5% | +12.6% | 150% | 82% | 77% | Closely | 73 | 41 | Downtrend |
| JANH Innovator U.S. Equity Premium Income 20 Barrier ETF - January | Buffer / Defined Outcome | 6.3% | 6.2% | +5.9% | 95% | 22% | 17% | Loosely | 72 | 72 | Downtrend |
| ADX Adams Diversified Equity Fund | CEF - Equity | 8.2% | 7.8% | +15.5% | 161% | 103% | 99% | Loosely | 72 | 35 | Downtrend |
| JEPI JPMorgan Equity Premium Income ETF | Index Covered Call / Option Income | 7.2% | 7.5% | +7.8% | 99% | 42% | 37% | Loosely | 72 | 60 | Downtrend |
About LOCT
| Issuer | Innovator |
| Structure | ETF |
| Category | Buffer / Defined Outcome |
| Strategy | Defined-outcome options overlay on US large-cap equity designed to pay premium income with a buffer/barrier against index declines |
| Underlying | US large-cap equity index options (underlying reference not verified from issuer page) |
| Exposure | S&P 500 / US Large Cap |
| Index linkage | Partial - options/overlay on index |
| Pays | Quarterly |
| Expense ratio | – |
| Uses leverage | No |
| Upside capped | Yes |
| Rate sensitivity | Low |
| Return of capital common | Sometimes |
| Tax notes | Distributions may include ROC; verify tax treatment with issuer |
Research notes: Quarterly frequency per third-party sources (stockevents/digrin), not issuer-verified. Buffer/barrier resets each outcome period; 20/30 = barrier %, 15 = buffer %. Inception not verified. Related OCTH (Oct 20 barrier) exists but yield not retrieved.
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