{"url":"https://etfiq.com/compare/buffer/bdec-vs-xnov","section":"compare","title":"BDEC vs XNOV: Cap, Buffer & Days Left | ETFIQ","description":"As of Oct 22, 2026 BDEC can gain 5.0% before its cap and XNOV 0.5%. Each can fall 10.6% and 9.6% before its buffer engages, on SPY.","as_of":"Oct 22, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, BDEC or XNOV?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 22, 2026, BDEC can gain about 5.0% before its cap and XNOV about 0.5%, so BDEC has more room left this period."}},{"@type":"Question","name":"Which resets first, BDEC or XNOV?","acceptedAnswer":{"@type":"Answer","text":"BDEC ends its outcome period on Nov 30, 2026 and XNOV on Nov 20, 2026. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, BDEC or XNOV?","acceptedAnswer":{"@type":"Answer","text":"BDEC charges 0.79% a year and XNOV charges 0.85%, so BDEC is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"BDEC vs XNOV","item":"https://etfiq.com/compare/buffer/bdec-vs-xnov"}]},{"@type":"WebPage","name":"BDEC vs XNOV: Cap, Buffer & Days Left","description":"As of Oct 22, 2026 BDEC can gain 5.0% before its cap and XNOV 0.5%. Each can fall 10.6% and 9.6% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/bdec-vs-xnov","dateModified":"2026-10-22","abstract":"As of Oct 22, 2026 BDEC can fall 10.6% before its buffer engages and XNOV 9.6%, and XNOV resets 10 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of BDEC and XNOV","description":"As of Oct 22, 2026 BDEC can gain 5.0% before its cap and XNOV 0.5%. Each can fall 10.6% and 9.6% before its buffer engages, on SPY.","dateModified":"2026-10-22","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/bdec-vs-xnov","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6672,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / BDEC vs XNOV \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 22, 2026 .\n\n BDEC vs XNOV: Cap, Buffer & Days Left\n\n As of Oct 22, 2026 BDEC can fall 10.6% before its buffer engages and XNOV 9.6%, and XNOV resets 10 days sooner.\n Copy this for sharing \n \n BDEC costs 0.06 points a year less; their one-year returns differ by 3.4 points; BDEC is 8.1 times larger.\n BDEC and XNOV at a glance. As of Oct 22, 2026. Source: ETFIQ. BDEC XNOV \n Expense ratio 0.79% 0.85% \n Net assets $214m $26m \n Total return, 1 year +13.8% +10.4% \n What it tracks SPY SPY \n Hol","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, BDEC against XNOV, data as of Oct 22, 2026. https://etfiq.com/compare/buffer/bdec-vs-xnov","a":{"ticker":"BDEC","name":"Innovator U.S. Equity Buffer ETF - Dec","issuer":"Innovator","desk":"buffer","as_of":"2026-10-22","verdict":"Since Nov 30, 2025, BDEC returned 11.0%, against 11.8% for SPY. It can gain 5.0% more before its cap.","url":"https://etfiq.com/funds/bdec","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"5.0%","as_of":"2026-10-22","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"10.6%","as_of":"2026-10-22","source":null},{"label":"Protection left, index points","value":"9.0%","as_of":"2026-10-22","source":null},{"label":"Days to reset","value":"39","as_of":"2026-10-22","source":null},{"label":"Net assets","value":"$214m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-22","source":"issuer page, Oct 22, 2026"}]},"b":{"ticker":"XNOV","name":"FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November","issuer":"First Trust","desk":"buffer","as_of":"2026-10-22","verdict":"Since Nov 24, 2025, XNOV returned 9.7%, against 15.9% for SPY. It can gain 0.5% more before its cap.","url":"https://etfiq.com/funds/xnov","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"0.5%","as_of":"2026-10-22","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"9.6%","as_of":"2026-10-22","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-10-22","source":null},{"label":"Days to reset","value":"29","as_of":"2026-10-22","source":null},{"label":"Net assets","value":"$26m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-10-22","source":"issuer page, Oct 22, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/bdec-vs-xnov"}