Does the outcome hold if I buy today?

No. The band is set at reset. Bought later, the cap left and the distance to the buffer both change with the index. The entry point tool shows what is left today.

Why do two funds with the same buffer have different caps?

The cap is what the options market offered on the reset day. It moves with volatility and rates, so each series is priced on its own.

No. The outcome is before fees, in the index’s terms. Each fund’s fee is on its page.

Which funds are left out?

Funds on another index, and dual-directional or accelerated funds, whose payoff needs terms this tool does not draw: 69 of the S&P 500 buffer funds.

Caps and buffers as published by each issuer for Oct 27, 2026.

Buffer ETF ladder

move the market and see where each fund lands

As of Oct 27, 2026

As of Oct 27, 2026, if the S&P 500 fell 10% over each outcome period, 49 of these 64 buffer ETFs would end at 0%, and the deepest loss would be −5.0% (DAUG).

Held from reset to reset, before fees. 64 funds on the S&P 500 that reset in Oct 2026, Sep 2026 and Aug 2026.

Change the inputsThe S&P 500 finishes the period−10%−40%+40%

Reset months to show

Each fund’s band is its issuer’s own. The outcome holds the fund from reset to reset, before fees, in the index’s terms.

Your settings are in the address, so the link opens this view.

Each fund inside its band

Hypothetical · from your inputs

At −10%, 49 of 64 funds end at 0%, and the deepest loss is −5.0% (DAUG).

Oct 2026 reset

period ends Dec 31, 2026 to Oct 15, 2027 · 15 of 22 at 0%

−40%0+40%Outcome

FLAO
5 to floor · cap 7.09%−5.0%SMAX
0.5 to floor · cap 9.27%−0.5%AIOO
full floor · no cap, 29.83% of gains0.0%CPSO
full floor · cap 8.75%0.0%OCTM
full floor · cap 8.26%0.0%PMOC
full floor · cap 8.69%0.0%DOCT
5 to 30 buffer · cap 14.18%−5.0%DHDG
2.5 to 15 buffer · cap 4.47%−2.5%STEN
0.5 to 9.99935 buffer · cap 18.75%−0.5%OCTW
0 to 20 buffer · cap 12.76%0.0%PBOC
0 to 20 buffer · cap 12.83%0.0%PQXX
0 to 20 buffer · cap 2.51%0.0%GOCT
0 to 15 buffer · cap 14.05%0.0%PQXV
0 to 15 buffer · cap 2.82%0.0%QBSF
0 to 15 buffer · cap 2.87%0.0%OCTP
0 to 12 buffer · cap 16.31%0.0%FOCT
0 to 10 buffer · cap 17.20%0.0%OCTT
0 to 10 buffer · cap 18.03%0.0%PQX
0 to 10 buffer · cap 3.46%0.0%SIXO
0 to 10 buffer · cap 7.72%0.0%PQV
0 to 5 buffer · cap 5.07%−5.0%QBSV
0 to 5 buffer · cap 5.10%−5.0%

buffer cap market move fund outcome

Sep 2026 reset

period ends Dec 18, 2026 to Sep 30, 2028 · 17 of 21 at 0%

Aug reset

period ends Nov 20, 2026 to Aug 31, 2027 · 17 of 21 at 0%

How the band works

From data · Oct 27, 2026

A buffer fund gives up gains above its cap in return for taking the first part of a loss. A 0 to 15 buffer absorbs the first 15 points of a fall; a 5 to 30 buffer leaves the first 5 points with you and absorbs the next 25. Both only hold for a full period, reset to reset. Bought part way, the numbers change: see Buffer entry point.

Where to next

Buffer entry point→Every buffer ETF→Protect a portfolio→How buffer ETFs work→Buffer methodology→

Cite this pageCitation, APA and Markdown

ETFIQ, Buffer ETF ladder, data as of Oct 27, 2026. https://etfiq.com/buffer/ladder

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Questions people ask

Does the outcome hold if I buy today?: No. The band is set at reset. Bought later, the cap left and the distance to the buffer both change with the index. The entry point tool shows what is left today.
Why do two funds with the same buffer have different caps?: The cap is what the options market offered on the reset day. It moves with volatility and rates, so each series is priced on its own.
Are fees included?: No. The outcome is before fees, in the index’s terms. Each fund’s fee is on its page.
Which funds are left out?: Funds on another index, and dual-directional or accelerated funds, whose payoff needs terms this tool does not draw: 69 of the S&P 500 buffer funds.

Numbers from data carry their date. Anything computed from your inputs is hypothetical and before fees unless stated. Not investment advice.