Innovator International Developed Power… (IOCT) Performance
IOCT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.7% since Dec 31, 2025
- 1 year
- +9.3% total return
- 5 years
- +8.1% a year
- Since first price
- +8.4% a year since 2021
IOCT trailing returns vs SPY, QQQ, AGG
| Period | IOCT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.6% | +1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.5% | +4.5% | +7.8% | +8.4% | −1.5% |
| YTD | +7.7% | +7.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.3% | +9.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +46.4%+13.6%/yr | +46.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +47.6%+8.1%/yr | +47.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 30, 2021 | +50.4%+8.4%/yr | +50.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IOCT vs SPY
From Sep 30, 2021: IOCT grew to $15,036, SPY to $18,934.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IOCT returns by calendar year
3 of 4 full years positive. Best 2025 (+19.0%), worst 2022 (−6.3%). 2026 is year to date.
IOCT annual returns table
| Year | IOCT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.7% | −5.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.0% | −7.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.9% | −5.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.5% | −4.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.3% | −16.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IOCT largest drawdowns
Now 2.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 5, 2021 | −16.9% | Oct 12, 2022 | May 5, 2023 | 11 months | 1.5 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IOCT risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +12.9% | +8.6% |
| Volatility (annualized) | 6.9% | 8.7% |
| Sharpe ratio | 1.17 | 0.59 |
| Sortino ratio | 1.99 | 0.91 |
| Best month | +5.3% | +7.4% |
| Worst month | −3.8% | −7.4% |
| Best 12 months | +19.3% | +22.1% |
| Worst 12 months | +4.9% | −13.9% |
| Positive months | 72% | 65% |
| Beta vs S&P 500 | 0.34 | 0.43 |
| Correlation with S&P 500 | 0.62 | 0.77 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IOCT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −13.9% | +12.3% | +22.1% | 92% |
| 3-year (a year) | 26 | +4.9% | +12.4% | +16.7% | 100% |
| 5-year (a year) | 2 | +8.1% | +8.4% | +8.6% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
IOCT performance overview
Innovator International Developed Power… (IOCT) returned +9.3% over the past year and +8.1% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +8.4% a year, turning $10,000 into about $15,036. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.9%, from Nov 5, 2021 to Oct 12, 2022, and it took 7 months to get back to the old high. IOCT finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+19.0%) and the worst 2022 (−6.3%). Volatility has been 8.7% a year.
Related: IOCT chart. See the IOCT overview for the latest quote and fund facts.
IOCT performance FAQ
What is the IOCT return over the past year?
IOCT returned +9.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.3%.
What is the average annual return of IOCT?
IOCT has returned +8.1% a year over 5 years, +8.4% a year since September 30, 2021 (total return, distributions reinvested).
How much would $10,000 invested in IOCT be worth?
$10,000 invested in IOCT at its first recorded close on September 30, 2021 would be worth about $15,036 on October 23, 2026 with distributions reinvested.
What was the worst year for IOCT?
The worst calendar year was 2022, with a total return of −6.3%. The best was 2025 at +19.0%.
What is the biggest drawdown of IOCT?
The largest peak-to-trough decline was −16.9% between November 5, 2021 and October 12, 2022. It recovered to the old high on May 5, 2023, 7 months after the bottom.
How volatile is IOCT?
Over the past 3 years IOCT had an annualized volatility of 6.9% and a Sharpe ratio of 1.17 (excess return over 1–3 month T-bills per unit of risk).