APOC vs DDTA: Cap, Buffer & Days Left

As of Oct 13, 2026 DDTA can fall 10.5% before its buffer engages and APOC 0.6%. Net assets on Oct 13, 2026: $78m for Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct and $15m for Innovator Equity Dual Directional 10 Buffer ETF - Apr.

Both cost 0.79% a year; APOC is 5.1 times larger.

Points (pts) are percentage points.

APOC vs DDTA: Cap, Buffer & Days Left
APOCDDTA
Expense ratio0.79%0.79%
Net assets$78m$15m
Total return, 1 year+3.2%not published
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer2.0%16.4%
0.6%
APOC can fall this far before its buffer
10.5%
DDTA can fall this far before its buffer
3.7%
APOC can still gain
4.3%
DDTA can still gain
APOCFull floor
Full floorAPOC: reference +2.0% since period start, fund +0.5%; buffer Floor; cap +4.3%; Full floor. Figures to Oct 13, 2026.full floor beneathfull floor0% period start+4.3% cap+2% gain captured+2.2% more to the capTODAY · SPY +2.0%Full floorAPOC: reference +2.0% since period start, fund +0.5%; buffer Floor; cap +4.3%; Full floor. Figures to Oct 13, 2026.full floor beneathfull floor0% start+4.3% cap+2% gain captured+2.2% more to the capTODAY · SPY +2.0%

APOC: reference +2.0% since period start, fund +0.5%; buffer Floor; cap +4.3%; Full floor. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

DDTAAt its cap
At its capDDTA: reference +19.6% since period start, fund +11.2%; buffer 0 to −10; cap +16.5%; At its cap. Figures to Oct 13, 2026.10 pts+16.5% gain captured−10.0% floor0% period start+16.5% capTODAY · SPY +19.6%At its capDDTA: reference +19.6% since period start, fund +11.2%; buffer 0 to −10; cap +16.5%; At its cap. Figures to Oct 13, 2026.+16.5%−10.0% floor0% start+16.5% cap10 pts of bufferTODAY · SPY +19.6%

DDTA: reference +19.6% since period start, fund +11.2%; buffer 0 to −10; cap +16.5%; At its cap. Figures to Oct 13, 2026.

DDTA: reference +19.6% since period start, fund +11.2%; buffer 0 to −10; cap +16.5%; At its cap. Figures to Oct 13, 2026.

These are two different products. APOC is a floor fund, which caps how far a holder can fall. DDTA is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

DDTA is already at its cap, so more rise in the index adds nothing to it before the period ends.

Both are Innovator funds, so the difference between them is the terms rather than the house.

Where each one stands today

APOC resets first, on Mar 31, 2027, 169 days from now; DDTA runs to Mar 31, 2027, 169 days. APOC can still gain 3.7% before its cap, DDTA 4.3%. A fall from here reaches APOC’s buffer after 0.6% and DDTA’s after 10.5%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: APOC vs DDTA: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowAPOCDDTAAPOCDDTA
3 months+1.6%+2.8%−1.9 pts−0.7 pts
6 months+2.9%+6.7%−9.2 pts−5.3 pts
1 year+3.2%not published−14.1 ptsnot published
Since launch
Not the same days: APOC Oct 2024 · DDTA Apr 2026
+6.4%+10.2%−30.4 pts−8.5 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open this comparison in the app →

On the same fields

APOC
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct · Absorbs the whole loss on SPY and caps the gain at 4.3%, over a period ending Mar 31, 2027
DDTA
Innovator Equity Dual Directional 10 Buffer ETF - Apr · Absorbs the first 10% of loss on SPY and caps the gain at 16.5%, over a period ending Mar 31, 2027
Reference index SPY SPY
Buffer 100% 10%
Outcome period Sep 30, 2026 to Mar 31, 2027 Mar 31, 2026 to Mar 31, 2027
Days left 169 169
Starting cap +4.3% +16.5%
Can still gain 3.7% 4.3%
Fall before buffer 0.6% 10.5%
Protection left, index points 100.0% of 100.0% 10.0% of 10.0%
Index return this period +2.0% +19.6%
Fund return this period +0.5% +11.2%
State today Open At cap
Expense ratio 0.79% 0.79%
Net assets $78m $15m

As of Oct 13, 2026. Source: ETFIQ.

About APOC

From its price on Oct 13, 2026, the fund can gain about 3.7% more before it reaches its cap. The fund's price can fall 0.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.0% 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. 169 days remained on Oct 13, 2026. On Mar 31, 2027 the period ends and a new cap is set.

About DDTA

SPY had already risen past this fund's cap of +16.5% for the period on Oct 13, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.3% as the period runs out. The fund's price can fall 10.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 16.4% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, APOC or DDTA?
From their prices on Oct 13, 2026, APOC can gain about 3.7% before its cap and DDTA about 4.3%, so DDTA has more room left this period.
Which resets first, APOC or DDTA?
APOC ends its outcome period on Mar 31, 2027 and DDTA on Mar 31, 2027. A new cap is set the day after each.
Which is cheaper, APOC or DDTA?
APOC and DDTA both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

ETFIQ calculates every figure 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 figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, APOC against DDTA, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/apoc-vs-ddta

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.