Dual directional ETFs: what each one protects
Funds that pay a positive return when the index falls, up to the buffer, and rise with it up to a cap when it does not. A fall inside the buffer is a gain rather than nothing. 32 funds, largest first, every one read from its own issuer’s outcome page.
Dual directional ETFs: what each one protects, as of Oct 9, 2026. Source: ETFIQ.
Click a column to sort.
| Ticker | Fund | Issuer | Index | Buffer | Cap at the start | Period ends | Net assets ↓ |
|---|---|---|---|---|---|---|---|
| DDFL | Innovator Equity Dual Directional 15 Buffer ETF - Jul | Innovator | SPY | 15% | 10.9% | Jun 30, 2027 | $159m |
| DDFZ | Innovator Equity Dual Directional 15 Buffer ETF - Jun | Innovator | SPY | 15% | 10.7% | May 31, 2027 | $145m |
| DDFO | Innovator Equity Dual Directional 15 Buffer ETF - Oct | Innovator | SPY | 15% | 10.7% | Sep 30, 2027 | $142m |
| DDFS | Innovator Equity Dual Directional 15 Buffer ETF - Sep | Innovator | SPY | 15% | 10.5% | Aug 31, 2027 | $118m |
| DDSQ | Innovator Equity Dual Directional 5 Buffer ETF - Quarterly | Innovator | SPY | 5% | 3.5% | Dec 31, 2026 | $98m |
| DDFD | Innovator Equity Dual Directional 15 Buffer ETF - Dec | Innovator | SPY | 15% | 9.6% | Nov 30, 2026 | $96m |
| DDTL | Innovator Equity Dual Directional 10 Buffer ETF - Jul | Innovator | SPY | 10% | 15.2% | Jun 30, 2027 | $89m |
| DDFG | Innovator Equity Dual Directional 15 Buffer ETF - Aug | Innovator | SPY | 15% | 11.4% | Jul 31, 2027 | $84m |
| DDFY | Innovator Equity Dual Directional 15 Buffer ETF - May | Innovator | SPY | 15% | 10.5% | Apr 30, 2027 | $77m |
| DDFJ | Innovator Equity Dual Directional 15 Buffer ETF - Jan | Innovator | SPY | 15% | 9.0% | Dec 31, 2026 | $75m |
| DLFE | FT Vest U.S. Equity Dual Directional Buffer ETF - February | First Trust | SPY | 10% | 12.4% | Feb 19, 2027 | $69m |
| DDFN | Innovator Equity Dual Directional 15 Buffer ETF - Nov | Innovator | SPY | 15% | 10.0% | Oct 31, 2026 | $62m |
| DDFF | Innovator Equity Dual Directional 15 Buffer ETF - Feb | Innovator | SPY | 15% | 9.3% | Jan 31, 2027 | $59m |
| DDFA | Innovator Equity Dual Directional 15 Buffer ETF - Apr | Innovator | SPY | 15% | 13.4% | Mar 31, 2027 | $57m |
| DDFM | Innovator Equity Dual Directional 15 Buffer ETF - Mar | Innovator | SPY | 15% | 9.8% | Feb 28, 2027 | $44m |
| DDTY | Innovator Equity Dual Directional 10 Buffer ETF - May | Innovator | SPY | 10% | 14.6% | Apr 30, 2027 | $35m |
| DDTS | Innovator Equity Dual Directional 10 Buffer ETF - Sep | Innovator | SPY | 10% | 14.7% | Aug 31, 2027 | $32m |
| DDTZ | Innovator Equity Dual Directional 10 Buffer ETF - Jun | Innovator | SPY | 10% | 15.4% | May 31, 2027 | $32m |
| DDTN | Innovator Equity Dual Directional 10 Buffer ETF - Nov | Innovator | SPY | 10% | 13.8% | Oct 31, 2026 | $32m |
| DDTG | Innovator Equity Dual Directional 10 Buffer ETF - Aug | Innovator | SPY | 10% | 15.8% | Jul 31, 2027 | $31m |
| DDTO | Innovator Equity Dual Directional 10 Buffer ETF - Oct | Innovator | SPY | 10% | 14.8% | Sep 30, 2027 | $29m |
| DDNQ | Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly | Innovator | QQQ | 5% | 5.7% | Dec 31, 2026 | $28m |
| DQSE | FT Vest Nasdaq-100 Dual Directional Buffer ETF - September | First Trust | QQQ | 0% to 10% | 18.8% | Sep 17, 2027 | $25m |
| DDTD | Innovator Equity Dual Directional 10 Buffer ETF - Dec | Innovator | SPY | 10% | 13.7% | Nov 30, 2026 | $23m |
| DLNV | FT Vest U.S. Equity Dual Directional Buffer ETF - November | First Trust | SPY | 10% | 14.0% | Nov 20, 2026 | $20m |
| DLAG | FT Vest U.S. Equity Dual Directional Buffer ETF - August | First Trust | SPY | 10% | 13.5% | Aug 20, 2027 | $19m |
| DDTF | Innovator Equity Dual Directional 10 Buffer ETF - Feb | Innovator | SPY | 10% | 13.2% | Jan 31, 2027 | $18m |
| DDTJ | Innovator Equity Dual Directional 10 Buffer ETF - Jan | Innovator | SPY | 10% | 12.8% | Dec 31, 2026 | $18m |
| DQJN | FT Vest Nasdaq-100 Dual Directional Buffer ETF - June | First Trust | QQQ | 10% | 21.4% | Jun 17, 2027 | $17m |
| DDTA | Innovator Equity Dual Directional 10 Buffer ETF - Apr | Innovator | SPY | 10% | 16.5% | Mar 31, 2027 | $15m |
| DDTM | Innovator Equity Dual Directional 10 Buffer ETF - Mar | Innovator | SPY | 10% | 13.7% | Feb 28, 2027 | $13m |
| DLMY | FT Vest U.S. Equity Dual Directional Buffer ETF - May | First Trust | SPY | 10% | 14.1% | May 21, 2027 | $12m |
Questions people ask
- How many dual directional etfs are there?
- ETFIQ covers 32 US listed dual directional etfs as of Oct 9, 2026, read from each issuer’s own outcome page.
- How is a dual directional ETF different from a buffer ETF?
- Funds that pay a positive return when the index falls, up to the buffer, and rise with it up to a cap when it does not. A fall inside the buffer is a gain rather than nothing.
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ETFIQ, Dual directional ETFs: what each one protects, data as of Oct 9, 2026. https://etfiq.com/buffer/dual-directional
ETFIQ. (Oct 9, 2026). Dual directional ETFs: what each one protects. Retrieved from https://etfiq.com/buffer/dual-directional
[Dual directional ETFs: what each one protects (ETFIQ, Oct 9, 2026)](https://etfiq.com/buffer/dual-directional)
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