Which has more room to gain, BDEC or SIXD?

From their prices on Oct 13, 2026, BDEC can gain about 3.7% before its cap and SIXD about 4.6%, so SIXD has more room left this period.

Which resets first, BDEC or SIXD?

BDEC ends its outcome period on Nov 30, 2026 and SIXD on Nov 30, 2026. A new cap is set the day after each.

Which is cheaper, BDEC or SIXD?

BDEC charges 0.79% a year and SIXD charges 0.74%, so SIXD is cheaper. Fees come from each fund's prospectus.

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BDEC vs SIXD: Cap, Buffer & Days Left

As of Oct 13, 2026 BDEC can fall 11.8% before its buffer engages and SIXD 3.3%. Net assets on Oct 12, 2026: $217m for Innovator U.S. Equity Buffer ETF - Dec and $390m for AllianzIM U.S. Equity Buffer10 ETF - Jun.

SIXD costs 0.05 points a year less; SIXD is 1.8 times larger.

Points (pts) are percentage points.

BDEC vs SIXD: Cap, Buffer & Days Left
	BDEC	SIXD
Expense ratio	0.79%	0.74%
Net assets, as of Oct 12, 2026	$217m	$390m
Total return, 1 year	+17.5%	not published
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	12.1%	2.7%

11.8%

BDEC can fall this far before its buffer

3.3%

SIXD can fall this far before its buffer

3.7%

BDEC can still gain

4.6%

SIXD can still gain

BDECBetween buffer and cap

BDEC: reference +13.7% since period start, fund +12.5%; buffer 0 to −9; cap +17.4%; Between buffer and cap. Figures to Oct 13, 2026.

SIXDBetween buffer and cap

SIXD: reference +2.8% since period start, fund +3.0%; buffer 0 to −10; cap +8.1%; Between buffer and cap. Figures to Oct 13, 2026.

ETFIQ Downside Cover Score · SIXD scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

BDEC 14.2

SIXD 37.3

0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

BDEC resets first, on Nov 30, 2026, 48 days from now; SIXD runs to Nov 30, 2026, 48 days. BDEC can still gain 3.7% before its cap, SIXD 4.6%. A fall from here reaches BDEC’s buffer after 11.8% and SIXD’s after 3.3%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: BDEC vs SIXD: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BDEC	SIXD	BDEC	SIXD
3 months	+4.0%	+2.8%	+0.1 pts	−1.0 pts
6 months	+11.0%	+9.1%	−2.4 pts	−4.3 pts
1 year	+17.5%	not published	−1.6 pts	not published
3 years	+57.5%	not published	−22.8 pts	not published
Since launch Not the same days: BDEC Dec 2019 · SIXD Dec 2025	+111.2%	+9.9%	−38.5 pts	−3.7 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

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

SIXD

AllianzIM U.S. Equity Buffer10 ETF - Jun · Absorbs the first 10% of loss on SPY and caps the gain at 8.1%, over a period ending Nov 30, 2026

Issuer Innovator AllianzIM

Reference index SPY SPY

Buffer 9% 10%

Outcome period Nov 30, 2025 to Nov 30, 2026 Jun 1, 2026 to Nov 30, 2026

Days left 48 48

Starting cap +17.4% +8.1%

Can still gain 3.7% 4.6%

Fall before buffer 11.8% 3.3%

Protection left, index points 9.0% of 9.0% 10.0% of 10.0%

Index return this period +13.7% +2.8%

Fund return this period +12.5% +3.0%

State today Open Open

Expense ratio 0.79% 0.74%

Net assets, as of Oct 12, 2026 $217m $390m

As of Oct 13, 2026. Source: ETFIQ.

About BDEC

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 11.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 12.1% 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. 48 days remained on Oct 13, 2026. On Nov 30, 2026 the period ends and a new cap is set.

About SIXD

From its price on Oct 13, 2026, the fund can gain about 4.6% more before it reaches its cap. The fund's price can fall 3.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.7% 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, BDEC or SIXD?: From their prices on Oct 13, 2026, BDEC can gain about 3.7% before its cap and SIXD about 4.6%, so SIXD has more room left this period.
Which resets first, BDEC or SIXD?: BDEC ends its outcome period on Nov 30, 2026 and SIXD on Nov 30, 2026. A new cap is set the day after each.
Which is cheaper, BDEC or SIXD?: BDEC charges 0.79% a year and SIXD charges 0.74%, so SIXD is cheaper. Fees come from each fund's prospectus.

Other comparisons

BDEC vs PDEC BDEC vs DDFD BDEC vs FHDG BDEC vs PMDE SIXD vs UDEC SIXD vs ZDEK SIXD vs CPSN SIXD vs XNOV

SPY →BDEC on its own →SIXD on its own →How every figure is computed →Standards and sources →

Where these figures came from

BDEC filings on SEC EDGAR ↗Innovator page for BDEC ↗SIXD filings on SEC EDGAR ↗AllianzIM page for SIXD ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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, BDEC against SIXD, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/bdec-vs-sixd

Open data

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