Data as of Nov 4, 2026.

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Buffer ETFs

BFEB vs DDTF: Cap, Buffer & Days Left

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As of Nov 4, 2026 BFEB can fall 9.2% before its buffer engages and DDTF 8.5%.

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Net assets on Nov 4, 2026: $204m for Innovator U.S. Equity Buffer ETF - Feb and $18m for Innovator Equity Dual Directional 10 Buffer ETF - Feb.

At a glance
9.2%
BFEB can fall this far before its buffer
8.5%
DDTF can fall this far before its buffer
5.9%
BFEB can still gain
3.7%
DDTF can still gain
BFEB Between buffer and cap
Between buffer and capBFEB: reference +10.8% since period start, fund +9.4%; buffer 0 to −9; cap +16.6%; Between buffer and cap. Data to Nov 4, 2026.9 pts of buffer+10.8% gain captured+5.8% to cap−9.0% floor0% period start+16.6% capTODAY · SPY +10.8%Between buffer and capBFEB: reference +10.8% since period start, fund +9.4%; buffer 0 to −9; cap +16.6%; Between buffer and cap. Data to Nov 4, 2026.9 pts+10.8%−9.0% floor0% start+16.6% cap+5.8% more to the capTODAY · SPY +10.8%

BFEB: reference +10.8% since period start, fund +9.4%; buffer 0 to −9; cap +16.6%; Between buffer and cap. Data to Nov 4, 2026.

BFEB: reference +10.8% since period start, fund +9.4%; buffer 0 to −9; cap +16.6%; Between buffer and cap. Data to Nov 4, 2026.
DDTF Between buffer and cap
Between buffer and capDDTF: reference +10.8% since period start, fund +8.6%; buffer 0 to −10; cap +13.2%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+10.8% gain captured−10.0% floor0% period start+13.2% cap+2.5% more to the capTODAY · SPY +10.8%Between buffer and capDDTF: reference +10.8% since period start, fund +8.6%; buffer 0 to −10; cap +13.2%; Between buffer and cap. Data to Nov 4, 2026.10 pts+10.8%−10.0% floor0% start+13.2% cap+2.5% more to the capTODAY · SPY +10.8%

DDTF: reference +10.8% since period start, fund +8.6%; buffer 0 to −10; cap +13.2%; Between buffer and cap. Data to Nov 4, 2026.

DDTF: reference +10.8% since period start, fund +8.6%; buffer 0 to −10; cap +13.2%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.79% a year; BFEB is 11.3 times larger.

Points (pts) are percentage points.

BFEB vs DDTF: Cap, Buffer & Days Left
MeasureBFEBDDTF
Return
Total return, 1 year+14.2%not published
Drawdown
Index fall to the buffer9.7%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.79%
Net assets$204m$18m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: BFEB vs DDTF: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowBFEBDDTFBFEBDDTF
3 months+1.1%+1.4%+1.5 pts+1.8 pts
6 months+4.9%+4.7%+0.4 pts+0.2 pts
1 year+14.2%–+0.7 pts–
3 years+60.8%–−15.6 pts–
Since launchNot the same days: BFEB Feb 2020 · DDTF Feb 2026+120.2%+7.9%−16.4 pts−2.3 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

BFEB Innovator U.S. Equity Buffer ETF - Feb · Absorbs the first 9% of loss on SPY and caps the gain at 16.6%, over a period ending Jan 31, 2027 DDTF Innovator Equity Dual Directional 10 Buffer ETF - Feb · Absorbs the first 10% of loss on SPY and caps the gain at 13.2%, over a period ending Jan 31, 2027
Reference index SPY SPY
Buffer 9% 10%
Outcome period Jan 31, 2026 to Jan 31, 2027 Jan 31, 2026 to Jan 31, 2027
Days left 88 88
Starting cap +16.6% +13.2%
Can still gain 5.9% 3.7%
Fall before buffer 9.2% 8.5%
Protection left, index points 9.0% of 9.0% 10.0% of 10.0%
Index return this period +10.8% +10.8%
Fund return this period +9.4% +8.6%
State today Open Open
Expense ratio 0.79% 0.79%
Net assets $204m $18m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. DDTF is a floor fund, which caps how far a holder can fall. BFEB 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

BFEB resets first, on Jan 31, 2027, 88 days from now; DDTF runs to Jan 31, 2027, 88 days. BFEB can still gain 5.9% before its cap, DDTF 3.7%. A fall from here reaches BFEB’s buffer after 9.2% and DDTF’s after 8.5%. Both track SPY, so what separates them is where each is in its own period.

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About each fund
BFEB

From its price on Nov 4, 2026, the fund can gain about 5.9% more before it reaches its cap. The fund's price can fall 9.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 9.7% 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. 88 days remained on Nov 4, 2026. On Jan 31, 2027 the period ends and a new cap is set.

DDTF

From its price on Nov 4, 2026, the fund can gain about 3.7% more before it reaches its cap. The fund's price can fall 8.5% from here before the buffer starts absorbing losses, by the issuer's number. 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, BFEB or DDTF?
From their prices on Nov 4, 2026, BFEB can gain about 5.9% before its cap and DDTF about 3.7%, so BFEB has more room left this period.
Which resets first, BFEB or DDTF?
BFEB ends its outcome period on Jan 31, 2027 and DDTF on Jan 31, 2027. A new cap is set the day after each.
Which is cheaper, BFEB or DDTF?
BFEB and DDTF both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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

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ETFIQ, BFEB against DDTF, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/bfeb-vs-ddtf

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