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ZOCT vs PGX

Innovator Equity Defined Protection ETF - 1 Yr October vs Invesco Preferred ETF

ZOCT

Innovator Equity Defined Protection ETF - 1 Yr October

Innovator ETFs

Annual cost

0.79%

Fund size

$115M

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.29% less per year.
  • PGX is significantly larger than ZOCT — larger funds tend to be more liquid and less likely to close.
  • ZOCT is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • ZOCT follows a structured outcome strategy; PGX uses index tracking.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ZOCTPGX
Annual cost (TER)0.79%0.50%
Fund size (AUM)$115M$3.9B
Since20242008
Dividend yield0.00%6.16%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+7.7%+7.2%
CAGR 3YN/A+5.8%
CAGR 5YN/A-0.4%
Sharpe 3YN/A0.28
Volatility 1Y2.27%6.15%
Max drawdown-3.18%-34.10%

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

Similar to ZOCT and PGX