Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AUGW vs DDFG: which one stands where?

As of Sep 21, 2026 AUGW can fall 2.4% before its buffer engages and DDFG 2.3%.

AllianzIM U.S. Equity Buffer20 ETF - Aug and Innovator Equity Dual Directional 15 Buffer ETF - Aug.

2.4%AUGW can fall this far before its buffer
2.3%DDFG can fall this far before its buffer
9.5%AUGW can still gain
8.8%DDFG can still gain
AUGWBetween buffer and cap
20 pts of buffer+3.6%+8.5% more to the cap−20.0% floor0% period start+12.1% capTODAY · SPY +3.6%20 pts of buffer−20.0% floor0% start+12.1% capTODAY · SPY +3.6%
DDFGBetween buffer and cap
15 pts of buffer+3.6%+7.8% more to the cap−15.0% floor0% period start+11.4% capTODAY · SPY +3.6%15 pts−15.0% floor0% start+11.4% capTODAY · SPY +3.6%

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

Where each one stands today

AUGW resets first, on Jul 31, 2027, 313 days from now; DDFG runs to Jul 31, 2027, 313 days. AUGW can still gain 9.5% before its cap, DDFG 8.8%. A fall from here reaches AUGW’s buffer after 2.4% and DDFG’s after 2.3%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

AUGW and DDFG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
AUGWDDFGAUGWDDFG
3 months+2.1%not published−0.1 ptsnot published
6 months+8.1%not published−9.9 ptsnot published
1 year+8.8%not published−7.8 ptsnot published
3 years+40.3%not published−38.1 ptsnot published
Open the live comparison on ETFIQ
AUGW and DDFG on the same fields, as of Sep 21, 2026. Source: ETFIQ.
AUGW
AllianzIM U.S. Equity Buffer20 ETF - Aug
Absorbs the first 20% of loss on SPY and caps the gain at 12.1%, over a period ending Jul 31, 2027
DDFG
Innovator Equity Dual Directional 15 Buffer ETF - Aug
Absorbs the first 15% of loss on SPY and caps the gain at 11.4%, over a period ending Jul 31, 2027
IssuerAllianzIMInnovator
Reference indexSPYSPY
Buffer20%15%
Outcome periodAug 1, 2026 to Jul 31, 2027Jul 31, 2026 to Jul 31, 2027
Days left313313
Starting cap+12.1%+11.4%
Can still gain9.5%8.8%
Fall before buffer2.4%2.3%
Protection left, index points20.0% of 20.0%15.0% of 15.0%
Index return this period+3.6%+3.6%
Fund return this period+1.7%+2.3%
State todayOpenOpen
Expense ratio0.74%0.79%
Net assets$127m$35m

AUGW in plain words

From its price on Sep 21, 2026, the fund can gain about 9.5% more before it reaches its cap. The fund's price can fall 2.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% from today's level to the point where the buffer begins. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level. 313 days remained on Sep 21, 2026. On Jul 31, 2027 the period ends and a new cap is set.

DDFG in plain words

From its price on Sep 21, 2026, the fund can gain about 8.8% more before it reaches its cap. The fund's price can fall 2.3% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, AUGW or DDFG?
From their prices on Sep 21, 2026, AUGW can gain about 9.5% before its cap and DDFG about 8.8%, so AUGW has more room left this period.
Which resets first, AUGW or DDFG?
AUGW ends its outcome period on Jul 31, 2027 and DDFG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, AUGW or DDFG?
AUGW charges 0.74% a year and DDFG charges 0.79%, so AUGW is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

AUGW against DDFG, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AUGW against DDFG, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/augw-vs-ddfg Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources