{"url":"https://etfiq.com/buffer/dual-directional","section":"buffer","title":"Dual directional ETFs: what each one protects | ETFIQ","description":"All 32 dual directional ETFs ETFIQ covers, with the buffer each sets out with, what it pays on the upside and when its period ends. As of Oct 9, 2026.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"How many dual directional etfs are there?","acceptedAnswer":{"@type":"Answer","text":"ETFIQ covers 32 US listed dual directional etfs as of Oct 9, 2026, read from each issuer\u2019s own outcome page."}},{"@type":"Question","name":"How is a dual directional ETF different from a buffer ETF?","acceptedAnswer":{"@type":"Answer","text":"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. 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As of Oct 9, 2026.","url":"https://etfiq.com/buffer/dual-directional","dateModified":"2026-10-09","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":5479,"truncated":false,"content":"ETFIQ / Buffer ETFs / Dual directional \n \n Data as of Oct 9, 2026 .\n Dual directional ETFs: what each one protects\n 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\u2019s outcome page.\n Dual directional ETFs: what each one protects, as of Oct 9, 2026. Source: ETFIQ. Ticker Fund Issuer Index Buffer Cap at the start Period ends Net assets \n DDFL Innovator Equity Dual Directional 15 Buffer ETF - Jul Innovator SPY 15% 10.9% Jun 30, 2027 $159m \n DDFZ Innovator Equity Dual Directional 15 Buffer ETF - Jun Innovator SPY 15% 10.7% May 31, 2027 $145m \n DDFO Innovator Equity Dual Directional 15 Buffer ETF - Oct Innovator SPY 15% 10.7% Sep 30, 2027 $142m \n DDFS Innovator Equity Dual Directional 15 Buffer ETF - Sep Innovator SPY 15% 10.5% Aug 31, 2027 $118m \n DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly Innovator SPY 5% 3.5% Dec 31, 2026 $98m \n DDFD Innovator Equity Dual Directional 15 Buffer ETF - Dec Innovator SPY 15% 9.6% Nov 30, 2026 $96m \n DDTL Innovator Equity Dual Directional 10 Buffer ETF - Jul Innovator SPY 10% 15.2% Jun 30, 2027 $89m \n DDFG Innovator Equity Dual Directional 15 Buffer ETF - Aug Innovator SPY 15% 11.4% Jul 31, 2027 $84m \n DDFY Innovator Equity Dual Directional 15 Buffer ETF - May Innovator SPY 15% 10.5% Apr 30, 2027 $77m \n DDFJ Innovator Equity Dual Directional 15 Buffer ETF - Jan Innovator SPY 15% 9.0% Dec 31, 2026 $75m \n DLFE FT Vest U.S. Equity Dual Directional Buffer ETF - February First Trust SPY 10% 12.4% Feb 19, 2027 $69m \n DDFN Innovator Equity Dual Directional 15 Buffer ETF - Nov Innovator SPY 15% 10.0% Oct 31, 2026 $62m \n DDFF Innovator Equity Dual Directional 15 Buffer ETF - Feb Innovator SPY 15% 9.3% Jan 31, 2027 $59m \n DDFA Innovator Equity Dual Directional 15 Buffer ETF - Apr Innovator SPY 15% 13.4% Mar 31, 2027 $57m \n DDFM Innovator Equity Dual Directional 15 Buffer ETF - Mar Innovator SPY 15% 9.8% Feb 28, 2027 $44m \n DDTY Innovator Equity Dual Directional 10 Buffer ETF - May Innovator SPY 10% 14.6% Apr 30, 2027 $35m \n DDTS Innovator Equity Dual Directional 10 Buffer ETF - Sep Innovator SPY 10% 14.7% Aug 31, 2027 $32m \n DDTZ Innovator Equity Dual Directional 10 Buffer ETF - Jun Innovator SPY 10% 15.4% May 31, 2027 $32m \n DDTN Innovator Equity Dual Directional 10 Buffer ETF - Nov Innovator SPY 10% 13.8% Oct 31, 2026 $32m \n DDTG Innovator Equity Dual Directional 10 Buffer ETF - Aug Innovator SPY 10% 15.8% Jul 31, 2027 $31m \n DDTO Innovator Equity Dual Directional 10 Buffer ETF - Oct Innovator SPY 10% 14.8% Sep 30, 2027 $29m \n DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly Innovator QQQ 5% 5.7% Dec 31, 2026 $28m \n DQSE FT Vest Nasdaq-100 Dual Directional Buffer ETF - September First Trust QQQ 0% to 10% 18.8% Sep 17, 2027 $25m \n DDTD Innovator Equity Dual Directional 10 Buffer ETF - Dec Innovator SPY 10% 13.7% Nov 30, 2026 $23m \n DLNV FT Vest U.S. Equity Dual Directional Buffer ETF - November First Trust SPY 10% 14.0% Nov 20, 2026 $20m \n DLAG FT Vest U.S. Equity Dual Directional Buffer ETF - August First Trust SPY 10% 13.5% Aug 20, 2027 $19m \n DDTF Innovator Equity Dual Directional 10 Buffer ETF - Feb Innovator SPY 10% 13.2% Jan 31, 2027 $18m \n DDTJ Innovator Equity Dual Directional 10 Buffer ETF - Jan Innovator SPY 10% 12.8% Dec 31, 2026 $18m \n DQJN FT Vest Nasdaq-100 Dual Directional Buffer ETF - June First Trust QQQ 10% 21.4% Jun 17, 2027 $17m \n DDTA Innovator Equity Dual Directional 10 Buffer ETF - Apr Innovator SPY 10% 16.5% Mar 31, 2027 $15m \n DDTM Innovator Equity Dual Directional 10 Buffer ETF - Mar Innovator SPY 10% 13.7% Feb 28, 2027 $13m \n DLMY FT Vest U.S. Equity Dual Directional Buffer ETF - May First Trust SPY 10% 14.1% May 21, 2027 $12m \n \n Questions people ask\n How many dual directional etfs are there? ETFIQ covers 32 US listed dual directional etfs as of Oct 9, 2026, read from each issuer\u2019s 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. Where to next\n Every buffer ETF Compare two funds The vocabulary Where these figures came from\n Innovator, AllianzIM and FT Vest publish each fund\u2019s current outcome-period values daily SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say ETFIQ links to the documents behind every figure; a link is not an endorsement.\n ETFIQ is an independent publisher and makes no recommendations; every figure is calculated from published data. Standards and sources \n Cite this page. ETFIQ, Dual directional ETFs: what each one protects, data as of Oct 9, 2026. https://etfiq.com/buffer/dual-directional Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Dual directional ETFs: what each one protects, data as of Oct 9, 2026. https://etfiq.com/buffer/dual-directional APA ETFIQ. (Oct 9, 2026). Dual directional ETFs: what each one protects. Retrieved from https://etfiq.com/buffer/dual-directional Markdown [Dual directional ETFs: what each one protects (ETFIQ, Oct 9, 2026)](https://etfiq.com/buffer/dual-directional)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Dual directional ETFs: what each one protects, data as of Oct 9, 2026. https://etfiq.com/buffer/dual-directional"}