Data as of Nov 4, 2026.
AJAN vs DDTJ: Cap, Buffer & Days Left
As of Nov 4, 2026 DDTJ can fall 9.3% before its buffer engages and AJAN 4.0%, and DDTJ resets 365 days sooner.
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Net assets on Nov 4, 2026: $43m for Innovator Equity Defined Protection ETF - Jan 2028 and $18m for Innovator Equity Dual Directional 10 Buffer ETF - Jan.
AJAN: reference +12.4% since period start, fund +3.5%; buffer Floor; cap +13.3%; Full floor. Data to Nov 4, 2026.
Data to Nov 4, 2026.DDTJ: reference +12.4% since period start, fund +9.4%; buffer 0 to −10; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.
DDTJ: reference +12.4% since period start, fund +9.4%; buffer 0 to −10; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
Both cost 0.79% a year; AJAN is 2.4 times larger.
Points (pts) are percentage points.
| Measure | AJAN | DDTJ |
|---|---|---|
| Return | ||
| Total return, 1 year | +4.3% | not published |
| Drawdown | ||
| Index fall to the buffer | 11.0% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.79% |
| Net assets | $43m | $18m |
| Holdings | ||
| Holdings in common | not published | |
Risk and return
Jan 9, 2026 to Oct 30, 2026 · 42 weekly returnsFrom Jan 2026 to Oct 2026, DDTJ returned more: +7.4% to +2.7%. AJAN fell less at its worst: −2.1% to −4.7%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | AJAN | DDTJ | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +2.7% | +7.4% | DDTJ | Price change plus distributions, reinvested. |
| Price return | +2.7% | +7.4% | DDTJ | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −2.1% | −4.7% | AJAN | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 42 weekly returns. Cash rate: the 13-week Treasury bill.
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | AJAN | DDTJ | AJAN | DDTJ |
| 3 months | +0.8% | +1.4% | +1.2 pts | +1.8 pts |
| 6 months | +1.6% | +4.8% | −2.9 pts | +0.3 pts |
| 1 year | +4.3% | – | −9.3 pts | – |
| Since launchNot the same days: AJAN Jan 2024 · DDTJ Jan 2026 | +18.3% | +9.1% | −44.0 pts | −3.1 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. AJAN is a floor fund, which caps how far a holder can fall. DDTJ is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
They do not reset together. DDTJ has 57 days of its period left and AJAN has 422, so the two are not the same bet on the same months.
Both are Innovator funds, so the difference between them is the terms rather than the house.
Where each one stands today
DDTJ resets first, on Dec 31, 2026, 57 days from now; AJAN runs to Dec 31, 2027, 422 days. AJAN can still gain 8.8% before its cap, DDTJ 2.4%. A fall from here reaches AJAN’s buffer after 4.0% and DDTJ’s after 9.3%. Both track SPY, so what separates them is where each is in its own period.
No client brief for this pair: ETFIQ prints no one-year total return for DDTJ.
AJAN
From its price on Nov 4, 2026, the fund can gain about 8.8% more before it reaches its cap. The fund's price can fall 4.0% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 11.0% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 422 days remained on Nov 4, 2026. On Dec 31, 2027 the period ends and a new cap is set.
DDTJ
From its price on Nov 4, 2026, the fund can gain about 2.4% more before it reaches its cap. The fund's price can fall 9.3% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, AJAN against DDTJ, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ajan-vs-ddtj
ETFIQ. (Nov 4, 2026). AJAN against DDTJ. Retrieved from https://etfiq.com/compare/buffer/ajan-vs-ddtj
[AJAN against DDTJ (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/ajan-vs-ddtj)
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