BUFP vs LOCT
PGIM Laddered S&P 500 Buffer 12 ETF compared with Innovator Premium Income 15 Buffer ETF - October on yield, payout growth, payment schedule, cost and risk.
BUFP
PGIM Laddered S&P 500 Buffer 12 ETF
TTM yield · Annual
LOCT
Innovator Premium Income 15 Buffer ETF - October
TTM yield · Monthly
Quick take
- LOCT yields more today: 5.17% vs 0.01% (forward).
- BUFP pays once a year; LOCT pays every month.
- Over the last year BUFP delivered the higher total return: +12.7% vs +5.5% (price change plus payouts).
- BUFP is cheaper to own: 0.50% vs 0.79% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BUFP | LOCT |
|---|---|---|
| Share price | $33.09 | $23.89 |
| TTM yield | 0.01% | 5.17% |
| Forward yield | 0.01% | 5.17% |
| Annual payout per share | $0.002 | $1.236 |
| Payment frequency | Annual | Monthly |
| Next ex-date | Jan 2, 2027 (est.) | Oct 30, 2026 (est.) |
| Expense ratio | 0.50% | 0.79% |
| 1-year payout growth | — | +1.0% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | — | 100/100 |
| 1-year total return | +12.7% | +5.5% |
| 1-year price return | +12.7% | +0.3% |
| Size (market cap / AUM) | 265.9M | 10.7M |
| Years paying | 1.8 | 3.0 |
| Sector / category | Defined Outcome | Defined Outcome |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BUFP | LOCT | |
|---|---|---|
| Shares | 302.2 | 418.6 |
| Income per year | $1 | $517 |
| Income per month (avg) | $0 | $43 |
At forward yields, before taxes. Model BUFP · Model LOCT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BUFP Jan 2, 2027 | Jan 16, 2027 | $0.002 | Est. |
| LOCT Oct 30, 2026 | Nov 13, 2026 | $0.103 | Est. |
| LOCT Nov 29, 2026 | Dec 13, 2026 | $0.103 | Est. |
| LOCT Dec 29, 2026 | Jan 12, 2027 | $0.103 | Est. |
Annual payouts per share
BUFPLOCT
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BUFP or LOCT?
LOCT currently has the higher trailing yield: BUFP yields 0.01% and LOCT yields 5.17%. Yield changes daily with price, so check the live figures above.
How often do BUFP and LOCT pay?
BUFP pays once a year and LOCT pays every month. BUFP's next ex-date is Jan 2, 2027 and LOCT's is Oct 30, 2026.
Is BUFP or LOCT better for income?
It depends on what you are optimising for. BUFP and LOCT differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.