# Buffer ETF Ladder: Every Outcome for an S&P 500 Move

> If the S&P 500 fell 10% over each outcome period, 49 of 64 S&P 500 buffer ETFs would end at 0%. Move the market and see every fund.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026. Rebuilt every trading night.

## Buffer ETF ladder

move the market and see where each fund lands

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.

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

### At the defaults

| Fund | Band | Cap | Outcome at −10% |
| --- | --- | --- | --- |
| FLAO | 5 to floor | 7.09% | −5.0% |
| SMAX | 0.5 to floor | 9.27% | −0.5% |
| AIOO | full floor | uncapped | 0.0% |
| CPSO | full floor | 8.75% | 0.0% |
| OCTM | full floor | 8.26% | 0.0% |
| PMOC | full floor | 8.69% | 0.0% |
| DOCT | 5 to 30 buffer | 14.18% | −5.0% |
| DHDG | 2.5 to 15 buffer | 4.47% | −2.5% |
| STEN | 0.5 to 9.99935 buffer | 18.75% | −0.5% |
| OCTW | 0 to 20 buffer | 12.76% | 0.0% |
| PBOC | 0 to 20 buffer | 12.83% | 0.0% |
| PQXX | 0 to 20 buffer | 2.51% | 0.0% |
| GOCT | 0 to 15 buffer | 14.05% | 0.0% |
| PQXV | 0 to 15 buffer | 2.82% | 0.0% |
| QBSF | 0 to 15 buffer | 2.87% | 0.0% |
| OCTP | 0 to 12 buffer | 16.31% | 0.0% |
| FOCT | 0 to 10 buffer | 17.20% | 0.0% |
| OCTT | 0 to 10 buffer | 18.03% | 0.0% |
| PQX | 0 to 10 buffer | 3.46% | 0.0% |
| SIXO | 0 to 10 buffer | 7.72% | 0.0% |
| PQV | 0 to 5 buffer | 5.07% | −5.0% |
| QBSV | 0 to 5 buffer | 5.10% | −5.0% |
| SEPM | 0.02 to floor | 8.24% | 0.0% |
| AOCT | full floor | 21.34% | 0.0% |
| APOC | full floor | 4.26% | 0.0% |
| CPST | full floor | 8.06% | 0.0% |
| PMSE | full floor | 8.26% | 0.0% |
| ZOCT | full floor | 9.43% | 0.0% |
| UOCT | 5 to 35 buffer | 15.25% | −5.0% |
| DSEP | 5 to 30 buffer | 14.56% | −5.0% |
| EALT | 5 to 15 buffer | 6.98% | −5.0% |
| BALT | 0 to 20 buffer | 2.42% | 0.0% |
| PBSE | 0 to 20 buffer | 12.32% | 0.0% |
| SEPW | 0 to 20 buffer | 12.35% | 0.0% |
| POCT | 0 to 15 buffer | 15.59% | 0.0% |
| SQMX | 0 to 12.5 buffer | 3.00% | 0.0% |
| SEPP | 0 to 12 buffer | 15.86% | 0.0% |
| FSEP | 0 to 10 buffer | 16.68% | 0.0% |
| SEPT | 0 to 10 buffer | 17.50% | 0.0% |
| SIXP | 0 to 10 buffer | 7.59% | 0.0% |
| ZALT | 0 to 10 buffer | 3.57% | 0.0% |
| BOCT | 0 to 9 buffer | 20.16% | −1.0% |
| GSEP | -0.02 to 15 buffer | 14.09% | 0.0% |
| AUGM | full floor | 8.00% | 0.0% |
| CPSA | full floor | 7.77% | 0.0% |
| HAUG | full floor | 9.00% | 0.0% |
| PMAU | full floor | 7.89% | 0.0% |
| ZSEP | full floor | 8.86% | 0.0% |
| USEP | 5 to 35 buffer | 14.69% | −5.0% |
| DAUG | 5 to 30 buffer | 13.77% | −5.0% |
| CTAU | 0 to 30 buffer | 15.00% | 0.0% |
| AUGW | 0 to 20 buffer | 12.10% | 0.0% |
| PBAU | 0 to 20 buffer | 12.18% | 0.0% |
| CAUG | 0 to 15 buffer | 15.00% | 0.0% |
| GAUG | 0 to 15 buffer | 13.75% | 0.0% |
| PSEP | 0 to 15 buffer | 15.01% | 0.0% |
| SQBA | 0 to 15 buffer | 2.61% | 0.0% |
| AUGP | 0 to 12 buffer | 15.71% | 0.0% |
| AUGC | 0 to 10 buffer | 18.00% | 0.0% |
| AUGT | 0 to 10 buffer | 17.10% | 0.0% |
| FAUG | 0 to 10 buffer | 17.17% | 0.0% |
| SIXF | 0 to 10 buffer | 7.75% | 0.0% |
| BSEP | 0 to 9 buffer | 19.75% | −1.0% |
| FHDG | 0 to 7.5 buffer | 3.89% | −2.5% |

### 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.

### Where to next

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Buffer ETF ladder, data as of Oct 27, 2026. https://etfiq.com/buffer/ladder
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/buffer/ladder