Which has more room to gain, BJAN or DDTJ?

From their prices on Nov 4, 2026, BJAN can gain about 4.4% before its cap and DDTJ about 2.4%, so BJAN has more room left this period.

Which resets first, BJAN or DDTJ?

BJAN ends its outcome period on Dec 31, 2026 and DDTJ on Dec 31, 2026. A new cap is set the day after each.

Which is cheaper, BJAN or DDTJ?

BJAN and DDTJ both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

BJAN vs DDTJ: Cap, Buffer & Days Left

Share on X Download as PDF

As of Nov 4, 2026 BJAN can fall 10.4% before its buffer engages and DDTJ 9.3%.

askIQ about this page

askIQ about BJAN and DDTJ

Net assets on Nov 4, 2026: $348m for Innovator U.S. Equity Buffer ETF - Jan and $18m for Innovator Equity Dual Directional 10 Buffer ETF - Jan.

BJAN on its own →DDTJ on its own →

At a glance

10.4%

BJAN can fall this far before its buffer

9.3%

DDTJ can fall this far before its buffer

4.4%

BJAN can still gain

2.4%

DDTJ can still gain

BJAN Between buffer and cap

BJAN: reference +12.4% since period start, fund +10.8%; buffer 0 to −9; cap +16.5%; Between buffer and cap. Data to Nov 4, 2026.

DDTJ Between buffer and cap

DDTJ: reference +12.4% since period start, fund +9.4%; buffer 0 to −10; cap +12.8%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.79% a year; BJAN is 19.3 times larger.

Points (pts) are percentage points.

BJAN vs DDTJ: Cap, Buffer & Days Left
Measure	BJAN	DDTJ
Return
Measure	BJAN	DDTJ
Total return, 1 year	+14.1%	not published
Drawdown
Measure	BJAN	DDTJ
Index fall to the buffer	11.0%
Benchmark
Measure	BJAN	DDTJ
What it tracks	SPY	SPY
Cost and size
Measure	BJAN	DDTJ
Expense ratio	0.79%	0.79%
Net assets	$348m	$18m
Holdings
Measure	BJAN	DDTJ
Holdings in common	not published

Method

Window by window

Window by window: BJAN vs DDTJ: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BJAN	DDTJ	BJAN	DDTJ
3 months	+1.3%	+1.4%	+1.7 pts	+1.8 pts
6 months	+5.2%	+4.8%	+0.7 pts	+0.3 pts
1 year	+14.1%	–	+0.5 pts	–
3 years	+63.4%	–	−13.0 pts	–
Since launchNot the same days: BJAN Jan 2019 · DDTJ Jan 2026	+152.9%	+9.1%	−53.6 pts	−3.1 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

BJAN Innovator U.S. Equity Buffer ETF - Jan · Absorbs the first 9% of loss on SPY and caps the gain at 16.5%, over a period ending Dec 31, 2026 DDTJ Innovator Equity Dual Directional 10 Buffer ETF - Jan · Absorbs the first 10% of loss on SPY and caps the gain at 12.8%, over a period ending Dec 31, 2026

Issuer Innovator Innovator

Reference index SPY SPY

Buffer 9% 10%

Outcome period Dec 31, 2025 to Dec 31, 2026 Dec 31, 2025 to Dec 31, 2026

Days left 57 57

Starting cap +16.5% +12.8%

Can still gain 4.4% 2.4%

Fall before buffer 10.4% 9.3%

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

Index return this period +12.4% +12.4%

Fund return this period +10.8% +9.4%

State today Open Open

Expense ratio 0.79% 0.79%

Net assets $348m $18m

As of Nov 4, 2026. Source: ETFIQ.

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

BJAN resets first, on Dec 31, 2026, 57 days from now; DDTJ runs to Dec 31, 2026, 57 days. BJAN can still gain 4.4% before its cap, DDTJ 2.4%. A fall from here reaches BJAN’s buffer after 10.4% and DDTJ’s after 9.3%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

BJAN

From its price on Nov 4, 2026, the fund can gain about 4.4% more before it reaches its cap. The fund's price can fall 10.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 11.0% 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. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.

DDTJ

From its price on Nov 4, 2026, the fund can gain about 2.4% 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 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, BJAN or DDTJ?: From their prices on Nov 4, 2026, BJAN can gain about 4.4% before its cap and DDTJ about 2.4%, so BJAN has more room left this period.
Which resets first, BJAN or DDTJ?: BJAN ends its outcome period on Dec 31, 2026 and DDTJ on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, BJAN or DDTJ?: BJAN and DDTJ both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BJAN vs QBSV BJAN vs CPSY BJAN vs TJAN BJAN vs DECM DDTJ vs JAJL DDTJ vs GDEC DDTJ vs DDEC DDTJ vs JANW

Where to next

SPY →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →BJAN on its own →DDTJ on its own →Method →Standards and sources →

Sources and dates

BJAN and DDTJ filings on SEC EDGAR ↗

Innovator page for BJAN ↗

Innovator page for DDTJ ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, BJAN against DDTJ, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/bjan-vs-ddtj

Open data →

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