{"url":"https://etfiq.com/buffer/laddered","section":"buffer","title":"Laddered buffer ETFs: what their sleeves protect | ETFIQ","description":"25 laddered buffer ETFs looked through to the funds they hold: weighted cap room, fall before the buffers and days to the next reset. As of Oct 9, 2026.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What is a laddered buffer ETF?","acceptedAnswer":{"@type":"Answer","text":"Funds that hold other buffer ETFs, each with its own outcome period, so part of the fund resets every month or quarter instead of all at once. Their figures are the look-through of what they hold."}},{"@type":"Question","name":"How does ETFIQ work out a ladder\u2019s cap and buffer?","acceptedAnswer":{"@type":"Answer","text":"It averages each sleeve\u2019s own issuer figures, weighted by the share of the ladder\u2019s net assets its latest N-PORT puts in that sleeve. A sleeve with no cap is left out of the cap and counted beside it."}},{"@type":"Question","name":"Do laddered buffer ETFs reset?","acceptedAnswer":{"@type":"Answer","text":"Not as a whole. Each sleeve resets on its own date, so a ladder always holds some funds near the start of their period and some near the end."}}]},{"@type":"ItemList","name":"Laddered buffer ETFs: what their sleeves protect","numberOfItems":25,"itemListElement":[{"@type":"ListItem","position":1,"name":"BUFR","url":"https://etfiq.com/funds/bufr"},{"@type":"ListItem","position":2,"name":"BUFD","url":"https://etfiq.com/funds/bufd"},{"@type":"ListItem","position":3,"name":"BUFQ","url":"https://etfiq.com/funds/bufq"},{"@type":"ListItem","position":4,"name":"BUFZ","url":"https://etfiq.com/funds/bufz"},{"@type":"ListItem","position":5,"name":"BUFF","url":"https://etfiq.com/funds/buff"},{"@type":"ListItem","position":6,"name":"ONEZ","url":"https://etfiq.com/funds/onez"},{"@type":"ListItem","position":7,"name":"BUFB","url":"https://etfiq.com/funds/bufb"},{"@type":"ListItem","position":8,"name":"BUFG","url":"https://etfiq.com/funds/bufg"},{"@type":"ListItem","position":9,"name":"BUFP","url":"https://etfiq.com/funds/bufp"},{"@type":"ListItem","position":10,"name":"PBFR","url":"https://etfiq.com/funds/pbfr"},{"@type":"ListItem","position":11,"name":"SPBU","url":"https://etfiq.com/funds/spbu"},{"@type":"ListItem","position":12,"name":"BUFS","url":"https://etfiq.com/funds/bufs"},{"@type":"ListItem","position":13,"name":"BUFT","url":"https://etfiq.com/funds/buft"},{"@type":"ListItem","position":14,"name":"CPSL","url":"https://etfiq.com/funds/cpsl"},{"@type":"ListItem","position":15,"name":"BUFY","url":"https://etfiq.com/funds/bufy"},{"@type":"ListItem","position":16,"name":"SPBW","url":"https://etfiq.com/funds/spbw"},{"@type":"ListItem","position":17,"name":"PBQQ","url":"https://etfiq.com/funds/pbqq"},{"@type":"ListItem","position":18,"name":"SPBX","url":"https://etfiq.com/funds/spbx"},{"@type":"ListItem","position":19,"name":"BUFH","url":"https://etfiq.com/funds/bufh"},{"@type":"ListItem","position":20,"name":"BUFX","url":"https://etfiq.com/funds/bufx"},{"@type":"ListItem","position":21,"name":"CBTL","url":"https://etfiq.com/funds/cbtl"},{"@type":"ListItem","position":22,"name":"CBOL","url":"https://etfiq.com/funds/cbol"},{"@type":"ListItem","position":23,"name":"CBXL","url":"https://etfiq.com/funds/cbxl"},{"@type":"ListItem","position":24,"name":"BUFE","url":"https://etfiq.com/funds/bufe"},{"@type":"ListItem","position":25,"name":"BFEW","url":"https://etfiq.com/funds/bfew"}]},{"@type":"Dataset","name":"Laddered buffer ETFs: what their sleeves protect","description":"25 laddered buffer ETFs looked through to the funds they hold: weighted cap room, fall before the buffers and days to the next reset. 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As of Oct 9, 2026.","url":"https://etfiq.com/buffer/laddered","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":16707,"truncated":false,"content":"ETFIQ / Buffer ETFs / Laddered buffer \n \n Data as of Oct 9, 2026 .\n Laddered buffer ETFs: what their sleeves protect\n As of Oct 9, 2026, ETFIQ covers 25 laddered buffer ETFs, largest first. Funds that hold other buffer ETFs, each with its own outcome period, so part of the fund resets every month or quarter instead of all at once. Their figures are the look-through of what they hold. A fund is here when its own N-PORT puts at least 80% of its net assets in buffer ETFs ETFIQ reads; each figure is the average of its sleeves\u2019 own, weighted by that N-PORT.\n Browse by outcome period\n Annual 390 Quarterly 40 Monthly 2 Laddered 25 Laddered buffer ETFs: what their sleeves protect, as of Oct 9, 2026. Source: ETFIQ. Ticker Fund Issuer Index Sleeves Can still gain, weighted Fall before buffers, weighted Protection left, weighted, index points Next reset Weights as of \n BUFR FT Vest Laddered Buffer ETF First Trust SPY 12 7.2% 7.7% 10.0% 7 days (FOCT) May 31, 2026 \n BUFD FT Vest Laddered Deep Buffer ETF First Trust SPY 12 5.8% 11.1% 25.0% 7 days (DOCT) May 31, 2026 \n BUFQ FT Vest Laddered Nasdaq Buffer ETF First Trust QQQ 4 11.3% 8.5% 10.0% 70 days (QDEC) May 31, 2026 \n BUFZ FT Vest Laddered Moderate Buffer ETF First Trust SPY 12 5.7% 6.6% 15.0% 7 days (GOCT) May 31, 2026 \n BUFF Innovator Laddered Allocation Power Buffer ETF Innovator SPY 12 6.9% 6.0% 15.0% 22 days (PNOV) Jul 31, 2026 \n ONEZ TrueShares Seasonality Laddered Buffered ETF TrueShares SPX 11 uncapped 5.6% 10.0% 23 days (NOVZ) Jul 31, 2026 \n BUFB Innovator Laddered Allocation Buffer ETF Innovator SPY 12 9.5% 7.2% 9.0% 22 days (BNOV) Jul 31, 2026 \n BUFG FT Vest Buffered Allocation Growth ETF First Trust SPY 7 4.3% 9.9% 10.0% 7 days (FOCT) May 31, 2026 \n BUFP PGIM Laddered S&P 500 Buffer 12 ETF PGIM SPY 12 7.7% 6.7% 12.0% 22 days (NOVP) Jul 31, 2026 \n PBFR PGIM Laddered S&P 500 Buffer 20 ETF PGIM SPY 12 5.7% 5.4% 20.0% 22 days (PBNV) Jul 31, 2026 \n SPBU AllianzIM Buffer15 Uncapped Allocation ETF AllianzIM SPY 12 uncapped 6.7% 15.0% 21 days (NVBU) Jul 31, 2026 \n BUFS FT Vest Laddered Small Cap Moderate Buffer ETF First Trust IWM 4 12.4% 5.6% 13.3% 42 days (SNOV) May 31, 2026 \n BUFT FT Vest Buffered Allocation Defensive ETF First Trust SPY 7 8.8% 4.1% 15.9% 251 days (DJUN) May 31, 2026 \n CPSL Calamos Laddered S&P 500 Structured Alt Protection ETF Calamos SPY 12 not read by ETFIQ 3.0% 100.0% 21 days (CPSN) Jul 31, 2026 \n BUFY FT Vest Laddered International Moderate Buffer ETF First Trust EFA 4 10.5% 3.9% 14.4% 70 days (YDEC) May 31, 2026 \n SPBW AllianzIM Buffer20 Allocation ETF AllianzIM SPY 12 5.5% 5.6% 20.0% 21 days (NVBW) Jul 31, 2026 \n PBQQ PGIM Laddered Nasdaq-100 Buffer 12 ETF PGIM QQQ 4 11.5% 7.4% 12.0% 83 days (PQJA) Jul 31, 2026 \n SPBX AllianzIM 6 Month Buffer10 Allocation ETF AllianzIM SPY 6 4.4% 3.3% 10.0% 21 days (SIXZ) Jul 31, 2026 \n BUFH FT Vest Laddered Max Buffer ETF First Trust SPY 12 3.2% 3.9% 72.8% 7 days (OCTM) May 31, 2026 \n BUFX FT Vest Laddered Enhance & Moderate Buffer ETF First Trust SPY 12 4.3% 6.0% 15.0% 7 days (XOCT) May 31, 2026 \n CBTL Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF Calamos Bitcoin 4 not read by ETFIQ 24.3% 79.8% 112 days (CBTJ) Jul 31, 2026 \n CBOL Calamos Laddered Bitcoin Structured Alt Protection ETF Calamos Bitcoin 4 not read by ETFIQ 2.2% 99.6% 112 days (CBOJ) Jul 31, 2026 \n CBXL Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF Calamos Bitcoin 4 not read by ETFIQ 13.3% 89.8% 112 days (CBXJ) Jul 31, 2026 \n BUFE FT Vest Laddered Emerging Markets Buffer ETF First Trust EEM 4 20.4% 7.5% 8.6% 70 days (TDEC) May 31, 2026 \n BFEW FT Vest Laddered U.S. Equity Equal Weight Buffer ETF First Trust RSP 4 9.6% 5.7% 10.0% 70 days (RSDE) May 31, 2026 \n \n What each ladder holds\n Every sleeve at its N-PORT weight, with its issuer\u2019s own figures for tonight.\n The sleeves of every laddered buffer ETF, as of Oct 9, 2026. Source: ETFIQ from each fund\u2019s N-PORT and each sleeve\u2019s issuer. Ladder Sleeve Weight Index Period ends Days left Can still gain Fall before buffer \n BUFR FOCT 8.34% SPY Oct 16, 2026 7 0.1% 13.1% \n BUFR FNOV 8.33% SPY Nov 20, 2026 42 1.4% 13.2% \n BUFR FDEC 8.33% SPY Dec 18, 2026 70 2.6% 10.7% \n BUFR FJAN 8.34% SPY Jan 15, 2027 98 3.8% 9.5% \n BUFR FFEB 8.33% SPY Feb 19, 2027 133 4.6% 9.2% \n BUFR FMAR 8.31% SPY Mar 19, 2027 161 4.0% 11.3% \n BUFR FAPR 8.34% SPY Apr 16, 2027 189 7.0% 7.2% \n BUFR FMAY 8.37% SPY May 21, 2027 224 11.0% 5.3% \n BUFR FJUN 8.27% SPY Jun 17, 2027 251 11.7% 4.2% \n BUFR FJUL 8.30% SPY Jul 16, 2027 280 11.9% 4.3% \n BUFR FAUG 8.32% SPY Aug 20, 2027 315 14.4% 2.5% \n BUFR FSEP 8.33% SPY Sep 17, 2027 343 14.2% 2.2% \n BUFD DOCT 8.33% SPY Oct 16, 2026 7 0.0% 15.1% \n BUFD DNOV 8.33% SPY Nov 20, 2026 42 0.8% 15.3% \n BUFD DDEC 8.33% SPY Dec 18, 2026 70 1.9% 13.7% \n BUFD DJAN 8.32% SPY Jan 15, 2027 98 2.8% 12.6% \n BUFD DFEB 8.33% SPY Feb 19, 2027 133 3.5% 12.2% \n BUFD DMAR 8.31% SPY Mar 19, 2027 161 3.2% 13.4% \n BUFD DAPR 8.32% SPY Apr 16, 2027 189 5.6% 10.6% \n BUFD DMAY 8.36% SPY May 21, 2027 224 8.6% 9.3% \n BUFD DJUN 8.28% SPY Jun 17, 2027 251 9.6% 8.5% \n BUFD DJUL 8.31% SPY Jul 16, 2027 280 9.6% 8.5% \n BUFD DAUG 8.33% SPY Aug 20, 2027 315 11.6% 7.0% \n BUFD DSEP 8.34% SPY Sep 17, 2027 343 12.3% 7.0% \n BUFQ QDEC 25.44% QQQ Dec 18, 2026 70 2.6% 13.3% \n BUFQ QMAR 24.97% QQQ Mar 19, 2027 161 4.3% 13.8% \n BUFQ QJUN 24.18% QQQ Jun 17, 2027 251 20.9% 3.4% \n BUFQ QSPT 25.35% QQQ Sep 17, 2027 343 17.9% 3.4% \n BUFZ GOCT 8.34% SPY Oct 16, 2026 7 0.0% 10.9% \n BUFZ GNOV 8.33% SPY Nov 20, 2026 42 0.9% 11.0% \n BUFZ GDEC 8.33% SPY Dec 18, 2026 70 1.9% 9.1% \n BUFZ GJAN 8.34% SPY Jan 15, 2027 98 2.8% 8.2% \n BUFZ GFEB 8.32% SPY Feb 19, 2027 133 3.5% 7.7% \n BUFZ GMAR 8.31% SPY Mar 19, 2027 161 3.4% 9.5% \n BUFZ GAPR 8.34% SPY Apr 16, 2027 189 5.5% 6.2% \n BUFZ GMAY 8.36% SPY May 21, 2027 224 8.5% 4.8% \n BUFZ GJUN 8.28% SPY Jun 17, 2027 251 9.2% 3.8% \n BUFZ GJUL 8.30% SPY Jul 16, 2027 280 9.5% 3.9% \n BUFZ GAUG 8.32% SPY Aug 20, 2027 315 11.5% 2.1% \n BUFZ GSEP 8.32% SPY Sep 17, 2027 343 11.8% 2.1% \n BUFF PNOV 8.46% SPY Oct 31, 2026 22 0.9% 11.0% \n BUFF PDEC 8.43% SPY Nov 30, 2026 52 1.8% 10.1% \n BUFF PJAN 8.38% SPY Dec 31, 2026 83 2.5% 8.8% \n BUFF PFEB 8.38% SPY Jan 31, 2027 114 3.5% 8.0% \n BUFF PMAR 8.35% SPY Feb 28, 2027 142 4.0% 7.9% \n BUFF PAPR 8.28% SPY Mar 31, 2027 173 4.0% 8.8% \n BUFF PMAY 8.17% SPY Apr 30, 2027 203 6.9% 5.4% \n BUFF PJUN 8.09% SPY May 31, 2027 234 10.4% 3.0% \n BUFF PJUL 8.27% SPY Jun 30, 2027 264 10.3% 3.2% \n BUFF PAUG 8.35% SPY Jul 31, 2027 295 10.7% 2.8% \n BUFF PSEP 8.36% SPY Aug 31, 2027 326 13.5% 1.3% \n BUFF POCT 8.41% SPY Sep 30, 2027 356 14.1% 1.3% \n ONEZ NOVZ 7.12% SPX Oct 30, 2026 23 uncapped 5.9% \n ONEZ JANZ 7.65% SPX Dec 31, 2026 85 uncapped 9.7% \n ONEZ FEBZ 7.27% SPX Jan 29, 2027 114 uncapped 8.2% \n ONEZ MARZ 7.42% SPX Feb 26, 2027 142 uncapped 9.1% \n ONEZ APRZ 7.50% SPX Mar 31, 2027 175 uncapped 13.0% \n ONEZ MAYZ 7.50% SPX Apr 30, 2027 205 uncapped 5.9% \n ONEZ JUNZ 7.19% SPX May 28, 2027 233 uncapped 2.1% \n ONEZ JULZ 7.35% SPX Jun 30, 2027 266 uncapped 3.0% \n ONEZ AUGZ 7.79% SPX Jul 30, 2027 296 uncapped 2.9% \n ONEZ SEPZ 7.85% SPX Aug 31, 2027 328 uncapped 1.0% \n ONEZ OCTZ 7.70% SPX Sep 30, 2027 358 uncapped 1.3% \n BUFB BNOV 8.43% SPY Oct 31, 2026 22 3.0% 12.5% \n BUFB BDEC 8.43% SPY Nov 30, 2026 52 3.7% 11.8% \n BUFB BJAN 8.39% SPY Dec 31, 2026 83 3.9% 10.9% \n BUFB BFEB 8.39% SPY Jan 31, 2027 114 5.3% 9.8% \n BUFB BMAR 8.35% SPY Feb 28, 2027 142 5.6% 9.8% \n BUFB BAPR 8.29% SPY Mar 31, 2027 173 5.0% 11.5% \n BUFB BMAY 8.12% SPY Apr 30, 2027 203 9.4% 6.5% \n BUFB BJUN 8.00% SPY May 31, 2027 234 14.2% 3.3% \n BUFB BJUL 8.30% SPY Jun 30, 2027 264 13.8% 3.7% \n BUFB BAUG 8.40% SPY Jul 31, 2027 295 13.9% 3.3% \n BUFB BSEP 8.39% SPY Aug 31, 2027 326 18.0% 1.5% \n BUFB BOCT 8.42% SPY Sep 30, 2027 356 18.3% 1.6% \n BUFG FOCT 14.05% SPY Oct 16, 2026 7 0.1% 13.1% \n BUFG FNOV 14.32% SPY Nov 20, 2026 42 1.4% 13.2% \n BUFG FDEC 14.43% SPY Dec 18, 2026 70 2.6% 10.7% \n BUFG FJAN 14.64% SPY Jan 15, 2027 98 3.8% 9.5% \n BUFG FFEB 14.71% SPY Feb 19, 2027 133 4.6% 9.2% \n BUFG FMAR 14.12% SPY Mar 19, 2027 161 4.0% 11.3% \n BUFG FSEP 13.71% SPY Sep 17, 2027 343 14.2% 2.2% \n BUFP NOVP 8.34% SPY Oct 31, 2026 22 1.7% 11.9% \n BUFP DECP 8.35% SPY Nov 30, 2026 52 2.4% 10.8% \n BUFP JANP 8.33% SPY Dec 31, 2026 83 2.9% 9.7% \n BUFP FEBP 8.33% SPY Jan 31, 2027 114 4.1% 8.9% \n BUFP MRCP 8.33% SPY Feb 28, 2027 142 4.5% 8.8% \n BUFP APRP 8.32% SPY Mar 31, 2027 173 4.4% 10.5% \n BUFP MAYP 8.33% SPY Apr 30, 2027 203 7.9% 6.2% \n BUFP JUNP 8.34% SPY May 31, 2027 234 12.0% 3.4% \n BUFP JULP 8.34% SPY Jun 30, 2027 264 11.8% 3.8% \n BUFP AUGP 8.28% SPY Jul 31, 2027 295 11.8% 3.4% \n BUFP SEPP 8.33% SPY Aug 31, 2027 326 13.9% 1.7% \n BUFP OCTP 8.33% SPY Sep 30, 2027 356 14.4% 1.7% \n PBFR PBNV 8.33% SPY Oct 31, 2026 22 0.6% 9.8% \n PBFR PBDE 8.33% SPY Nov 30, 2026 52 1.4% 8.8% \n PBFR PBJA 8.33% SPY Dec 31, 2026 83 2.0% 7.7% \n PBFR PBFB 8.33% SPY Jan 31, 2027 114 2.9% 7.0% \n PBFR PBMR 8.33% SPY Feb 28, 2027 142 3.4% 6.8% \n PBFR PBAP 8.33% SPY Mar 31, 2027 173 3.6% 8.0% \n PBFR PBMY 8.33% SPY Apr 30, 2027 203 5.9% 4.9% \n PBFR PBJN 8.34% SPY May 31, 2027 234 8.7% 3.0% \n PBFR PBJL 8.33% SPY Jun 30, 2027 264 8.7% 3.2% \n PBFR PBAU 8.31% SPY Jul 31, 2027 295 9.1% 2.8% \n PBFR PBSE 8.33% SPY Aug 31, 2027 326 10.7% 1.5% \n PBFR PBOC 8.33% SPY Sep 30, 2027 356 11.2% 1.5% \n SPBU NVBU 8.30% SPY Oct 31, 2026 21 uncapped 9.5% \n SPBU DECU 8.28% SPY Nov 30, 2026 52 uncapped 9.6% \n SPBU JANU 8.32% SPY Dec 31, 2026 83 uncapped 10.0% \n SPBU FEBU 8.31% SPY Jan 31, 2027 112 uncapped 8.9% \n SPBU MARU 8.29% SPY Feb 28, 2027 140 uncapped 9.7% \n SPBU ARLU 8.23% SPY Mar 31, 2027 173 uncapped 13.6% \n SPBU MAYU 8.42% SPY Apr 30, 2027 203 uncapped 6.4% \n SPBU JNEU 8.46% SPY May 31, 2027 231 uncapped 2.1% \n SPBU JULU 8.38% SPY Jun 30, 2027 264 uncapped 3.2% \n SPBU AUGU 8.38% SPY Jul 31, 2027 294 uncapped 3.6% \n SPBU SEPU 8.34% SPY Aug 31, 2027 326 uncapped 1.9% \n SPBU OCTU 8.30% SPY Sep 30, 2027 356 uncapped 2.3% \n BUFS SNOV 24.91% IWM Nov 20, 2026 42 2.6% 13.5% \n BUFS SFEB 25.03% IWM Feb 19, 2027 133 10.6% 5.9% \n BUFS SMAY 25.08% IWM May 21, 2027 224 15.9% 2.9% \n BUFS SAUG 24.89% IWM Aug 20, 2027 315 20.6% 0.0% \n BUFT DJUN 14.50% SPY Jun 17, 2027 251 9.6% 8.5% \n BUFT FJUN 11.34% SPY Jun 17, 2027 251 11.7% 4.2% \n BUFT GJUN 15.47% SPY Jun 17, 2027 251 9.2% 3.8% \n BUFT XJUN 20.51% SPY Jun 17, 2027 251 6.9% 3.8% \n BUFT XJUL 14.79% SPY Jul 16, 2027 280 7.3% 3.7% \n BUFT XAUG 12.66% SPY Aug 20, 2027 315 8.8% 2.2% \n BUFT XSEP 10.72% SPY Sep 17, 2027 343 9.3% 1.8% \n CPSL CPSN 8.33% SPY Oct 30, 2026 21 not published 6.1% \n CPSL CPSD 8.33% SPY Nov 30, 2026 52 not published 5.4% \n CPSL CPSY 8.33% SPY Dec 31, 2026 83 not published 4.7% \n CPSL CPSF 8.32% SPY Jan 29, 2027 112 not published 4.1% \n CPSL CPSR 8.33% SPY Feb 26, 2027 140 not published 3.5% \n CPSL CPSP 8.32% SPY Mar 31, 2027 173 not published 3.8% \n CPSL CPSM 8.31% SPY Apr 30, 2027 203 not published 2.4% \n CPSL CPSU 8.29% SPY May 28, 2027 231 not published 1.6% \n CPSL CPSJ 8.33% SPY Jun 30, 2027 264 not published 1.6% \n CPSL CPSA 8.34% SPY Jul 30, 2027 294 not published 1.3% \n CPSL CPST 8.34% SPY Aug 31, 2027 326 not published 0.6% \n CPSL CPSO 8.34% SPY Sep 30, 2027 356 not published 0.7% \n BUFY YDEC 24.99% EFA Dec 18, 2026 70 5.1% 7.1% \n BUFY YMAR 24.99% EFA Mar 19, 2027 161 6.7% 8.0% \n BUFY YJUN 24.91% EFA Jun 17, 2027 251 14.1% 0.6% \n BUFY YSEP 25.07% EFA Sep 17, 2027 343 15.9% 0.1% \n SPBW NVBW 8.36% SPY Oct 31, 2026 21 0.6% 9.8% \n SPBW DECW 8.42% SPY Nov 30, 2026 52 1.3% 9.1% \n SPBW JANW 8.34% SPY Dec 31, 2026 83 1.9% 7.9% \n SPBW FEBW 8.34% SPY Jan 31, 2027 112 2.7% 7.2% \n SPBW MARW 8.37% SPY Feb 28, 2027 140 3.2% 7.0% \n SPBW APRW 8.30% SPY Mar 31, 2027 173 3.3% 7.8% \n SPBW MAYW 8.22% SPY Apr 30, 2027 203 5.6% 5.1% \n SPBW JUNW 8.20% SPY May 31, 2027 231 8.5% 3.2% \n SPBW JULW 8.33% SPY Jun 30, 2027 264 8.4% 3.5% \n SPBW AUGW 8.38% SPY Jul 31, 2027 294 8.8% 3.0% \n SPBW SEPW 8.36% SPY Aug 31, 2027 326 10.4% 1.8% \n SPBW OCTW 8.36% SPY Sep 30, 2027 356 10.9% 1.7% \n PBQQ PQJA 24.97% QQQ Dec 31, 2026 83 2.8% 12.1% \n PBQQ PQAP 24.96% QQQ Mar 31, 2027 173 4.5% 12.8% \n PBQQ PQJL 25.03% QQQ Jun 30, 2027 264 19.1% 3.3% \n PBQQ PQOC 24.97% QQQ Sep 30, 2027 356 19.6% 1.6% \n SPBX SIXZ 16.47% SPY Oct 31, 2026 21 0.9% 6.4% \n SPBX SIXD 16.57% SPY Nov 30, 2026 52 4.6% 3.3% \n SPBX SIXJ 16.83% SPY Dec 31, 2026 83 4.3% 3.7% \n SPBX SIXF 17.03% SPY Jan 31, 2027 112 4.4% 3.2% \n SPBX SIXP 16.98% SPY Feb 28, 2027 140 5.9% 1.6% \n SPBX SIXO 16.14% SPY Mar 31, 2027 173 6.1% 1.5% \n BUFH OCTM 8.38% SPY Oct 16, 2026 7 0.1% 6.5% \n BUFH NOVM 8.34% SPY Nov 20, 2026 42 0.4% 6.2% \n BUFH DECM 8.37% SPY Dec 18, 2026 70 1.1% 5.6% \n BUFH JANM 8.37% SPY Jan 15, 2027 98 1.7% 5.0% \n BUFH FEBM 8.35% SPY Feb 19, 2027 133 2.1% 4.6% \n BUFH MARM 8.30% SPY Mar 19, 2027 161 2.1% 4.7% \n BUFH APXM 8.23% SPY Apr 16, 2027 189 3.2% 3.6% \n BUFH MAYM 8.31% SPY May 21, 2027 224 4.2% 2.7% \n BUFH JUNM 8.27% SPY Jun 17, 2027 251 4.9% 2.3% \n BUFH JULM 8.33% SPY Jul 16, 2027 280 5.1% 2.1% \n BUFH AUGM 8.36% SPY Aug 20, 2027 315 6.4% 1.6% \n BUFH SEPM 8.38% SPY Sep 17, 2027 343 6.8% 1.5% \n BUFX XOCT 8.42% SPY Oct 16, 2026 7 0.0% 9.4% \n BUFX XNOV 8.40% SPY Nov 20, 2026 42 0.5% 9.6% \n BUFX XDEC 8.40% SPY Dec 18, 2026 70 1.2% 8.1% \n BUFX XJAN 8.43% SPY Jan 15, 2027 98 1.9% 7.4% \n BUFX XFEB 8.45% SPY Feb 19, 2027 133 2.6% 7.0% \n BUFX XMAR 8.33% SPY Mar 19, 2027 161 2.8% 8.5% \n BUFX XAPR 8.18% SPY Apr 16, 2027 189 4.2% 5.7% \n BUFX XMAY 8.21% SPY May 21, 2027 224 5.9% 4.7% \n BUFX XJUN 8.19% SPY Jun 17, 2027 251 6.9% 3.8% \n BUFX XJUL 8.28% SPY Jul 16, 2027 280 7.3% 3.7% \n BUFX XAUG 8.32% SPY Aug 20, 2027 315 8.8% 2.2% \n BUFX XSEP 8.37% SPY Sep 17, 2027 343 9.3% 1.8% \n CBTL CBTJ 24.69% Bitcoin Jan 29, 2027 112 not published 19.6% \n CBTL CBTA 25.10% Bitcoin Apr 30, 2027 203 not published 29.3% \n CBTL CBTY 25.05% Bitcoin Jul 30, 2027 294 not published 30.4% \n CBTL CBTO 25.04% Bitcoin Oct 29, 2027 385 not published 17.7% \n CBOL CBOJ 24.93% Bitcoin Jan 29, 2027 112 not published 1.7% \n CBOL CBOA 25.02% Bitcoin Apr 30, 2027 203 not published 3.8% \n CBOL CBOY 24.95% Bitcoin Jul 30, 2027 294 not published 3.1% \n CBOL CBOO 25.01% Bitcoin Oct 29, 2027 385 not published 0.0% \n CBXL CBXJ 24.78% Bitcoin Jan 29, 2027 112 not published 10.5% \n CBXL CBXA 25.05% Bitcoin Apr 30, 2027 203 not published 17.4% \n CBXL CBXY 25.01% Bitcoin Jul 30, 2027 294 not published 17.6% \n CBXL CBXO 25.08% Bitcoin Oct 29, 2027 385 not published 7.6% \n BUFE TDEC 24.95% EEM Dec 18, 2026 70 2.9% 14.2% \n BUFE TMAR 25.97% EEM Mar 19, 2027 161 11.3% 14.3% \n BUFE TJUN 24.18% EEM Jun 17, 2027 251 41.5% 0.0% \n BUFE TSEP 24.89% EEM Sep 17, 2027 343 26.9% 0.8% \n BFEW RSDE 24.98% RSP Dec 18, 2026 70 4.3% 9.2% \n BFEW RSMR 24.96% RSP Mar 19, 2027 161 6.7% 9.6% \n BFEW RSJN 24.98% RSP Jun 17, 2027 251 12.5% 2.5% \n BFEW RSSE 25.07% RSP Sep 17, 2027 343 15.1% 1.4% \n \n Questions people ask\n What is a laddered buffer ETF? Funds that hold other buffer ETFs, each with its own outcome period, so part of the fund resets every month or quarter instead of all at once. Their figures are the look-through of what they hold. How does ETFIQ work out a ladder\u2019s cap and buffer? It averages each sleeve\u2019s own issuer figures, weighted by the share of the ladder\u2019s net assets its latest N-PORT puts in that sleeve. A sleeve with no cap is left out of the cap and counted beside it. Do laddered buffer ETFs reset? Not as a whole. Each sleeve resets on its own date, so a ladder always holds some funds near the start of their period and some near the end. Where to next\n Every buffer ETF Compare two buffer funds The vocabulary Annual buffer ETFs 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, Laddered buffer ETFs: what their sleeves protect, data as of Oct 9, 2026. https://etfiq.com/buffer/laddered 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, Laddered buffer ETFs: what their sleeves protect, data as of Oct 9, 2026. https://etfiq.com/buffer/laddered APA ETFIQ. (Oct 9, 2026). Laddered buffer ETFs: what their sleeves protect. Retrieved from https://etfiq.com/buffer/laddered Markdown [Laddered buffer ETFs: what their sleeves protect (ETFIQ, Oct 9, 2026)](https://etfiq.com/buffer/laddered)","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, Laddered buffer ETFs: what their sleeves protect, data as of Oct 9, 2026. https://etfiq.com/buffer/laddered"}