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AOCT vs PGHY

Innovator Equity Defined Protection ETF - 2 Yr to October 2026 vs Invesco Global ex-US High Yield Corporate Bond ETF

AOCT

Innovator Equity Defined Protection ETF - 2 Yr to October 2026

Innovator ETFs

Annual cost

0.79%

Fund size

$70M

PGHY

Invesco Global ex-US High Yield Corporate Bond ETF

Invesco

Annual cost

0.35%

Fund size

$212M

Key differences

  • PGHY costs 0.44% less per year.
  • PGHY is significantly larger than AOCT — larger funds tend to be more liquid and less likely to close.
  • AOCT is classified as alternative, while PGHY is fixed income — different risk/return profiles.
  • AOCT follows a structured outcome strategy; PGHY uses index tracking.
  • PGHY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AOCTPGHY
Annual cost (TER)0.79%0.35%
Fund size (AUM)$70M$212M
Since20242013
Dividend yield0.00%7.09%
Asset classalternativefixed income
Regionnorth america
Strategystructured outcomeindex tracking
CAGR 1Y+8.1%+9.1%
CAGR 3YN/A+9.6%
CAGR 5YN/A+4.7%
Sharpe 3YN/A1.07
Volatility 1Y2.62%4.98%
Max drawdown-3.71%-20.50%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AOCT and PGHY