Innovator Equity Defined Protection ETF - 2 Yr to October 2027 (TOCT) — Stock Correlations & Overview
Over the past year, TOCT has moved most closely with DSEP, GOCT, DOCT. Explore the stocks most correlated and inversely correlated with TOCT below, along with its price, financials, and company profile.
Stocks correlated with TOCT
Correlation of daily returns. Higher positive values move with TOCT; negative values move opposite it. Informational only, not investment advice.
Most correlated with TOCT
| Symbol | Company | Correlation |
|---|---|---|
| DSEP | FT Vest U.S. Equity Deep Buffer ETF - September | 0.87 |
| GOCT | FT Vest U.S. Equity Moderate Buffer ETF - October | 0.86 |
| DOCT | FT Vest U.S. Equity Deep Buffer ETF - October | 0.86 |
| FJAN | FT Vest U.S. Equity Buffer ETF - January | 0.86 |
| USNZ | Xtrackers Net Zero Pathway Paris Aligned US Equity ETF | 0.86 |
Frequently asked questions about TOCT correlations
- Which stocks are most correlated with TOCT?
- Based on one year of daily returns, the stocks most correlated with Innovator Equity Defined Protection ETF - 2 Yr to October 2027 (TOCT) are DSEP (0.87), GOCT (0.86) and DOCT (0.86). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with TOCT?
- Over the past year, the stocks most inversely correlated with Innovator Equity Defined Protection ETF - 2 Yr to October 2027 (TOCT) are SPXU (-0.85), SDS (-0.85) and SH (-0.85). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these TOCT correlations calculated?
- We compute the correlation of daily returns between TOCT and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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