Data as of .
BDEC vs DDTD: which one stands where?
As of Sep 19, 2026 BDEC can fall 10.2% before its buffer engages and DDTD 9.3%.
These are two different products. DDTD is a floor fund, which caps how far a holder can fall. BDEC is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
Both are Innovator funds, so the difference between them is the terms rather than the house.
Where each one stands today
BDEC resets first, on Nov 30, 2026, 73 days from now; DDTD runs to Nov 30, 2026, 73 days. BDEC can still gain 5.6% before its cap, DDTD 3.1%. A fall from here reaches BDEC’s buffer after 10.2% and DDTD’s after 9.3%. 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| BDEC | DDTD | BDEC | DDTD | |
| 3 months | +2.4% | +2.4% | +0.2 pts | +0.2 pts |
| 6 months | +13.7% | +11.6% | −4.3 pts | −6.5 pts |
| 1 year | +14.4% | not published | −2.2 pts | not published |
| 3 years | +50.9% | not published | −27.5 pts | not published |
| BDEC Innovator U.S. Equity Buffer ETF - Dec Absorbs the first 9% of loss on SPY and caps the gain at 17.4%, over a period ending Nov 30, 2026 | DDTD Innovator Equity Dual Directional 10 Buffer ETF - Dec Absorbs the first 10% of loss on SPY and caps the gain at 13.7%, over a period ending Nov 30, 2026 | |
|---|---|---|
| Issuer | Innovator | Innovator |
| Reference index | SPY | SPY |
| Buffer | 9% | 10% |
| Outcome period | Nov 30, 2025 to Nov 30, 2026 | Nov 30, 2025 to Nov 30, 2026 |
| Days left | 73 | 73 |
| Starting cap | +17.4% | +13.7% |
| Can still gain | 5.6% | 3.1% |
| Fall before buffer | 10.2% | 9.3% |
| Protection left, index points | 9.0% of 9.0% | 10.0% of 10.0% |
| Index return this period | +11.5% | +11.4% |
| Fund return this period | +10.5% | +9.5% |
| State today | Open | Open |
| Expense ratio | 0.79% | 0.79% |
| Net assets | $213m | $23m |
BDEC in plain words
From its price on Sep 19, 2026, the fund can gain about 5.6% more before it reaches its cap. The fund's price can fall 10.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 10.3% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 73 days remained on Sep 19, 2026. On Nov 30, 2026 the period ends and a new cap is set.
DDTD in plain words
From its price on Sep 19, 2026, the fund can gain about 3.1% 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 figure. 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, BDEC or DDTD?
- From their prices on Sep 19, 2026, BDEC can gain about 5.6% before its cap and DDTD about 3.1%, so BDEC has more room left this period.
- Which resets first, BDEC or DDTD?
- BDEC ends its outcome period on Nov 30, 2026 and DDTD on Nov 30, 2026. A new cap is set the day after each.
- Which is cheaper, BDEC or DDTD?
- BDEC charges 0.79% a year and DDTD charges 0.79%, so BDEC 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.
Cite this page. ETFIQ, BDEC against DDTD, data as of Sep 19, 2026. https://etfiq.com/compare/buffer/bdec-vs-ddtd Free to use with attribution; the underlying files are at Open data.