Which has more room to gain, BJUN or DDFZ?

From their prices on Nov 4, 2026, BJUN can gain about 15.4% before its cap and DDFZ about 7.8%, so BJUN has more room left this period.

Which resets first, BJUN or DDFZ?

BJUN ends its outcome period on May 31, 2027 and DDFZ on May 31, 2027. A new cap is set the day after each.

Which is cheaper, BJUN or DDFZ?

BJUN and DDFZ 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

BJUN vs DDFZ: Cap, Buffer & Days Left

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As of Nov 4, 2026 DDFZ can fall 2.7% before its buffer engages and BJUN 2.3%.

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Net assets on Nov 4, 2026: $246m for Innovator U.S. Equity Buffer ETF - Jun and $145m for Innovator Equity Dual Directional 15 Buffer ETF - Jun.

BJUN on its own →DDFZ on its own →

At a glance

2.3%

BJUN can fall this far before its buffer

2.7%

DDFZ can fall this far before its buffer

15.4%

BJUN can still gain

7.8%

DDFZ can still gain

BJUN Between buffer and cap

BJUN: reference +1.3% since period start, fund +2.0%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Data to Nov 4, 2026.

DDFZ Between buffer and cap

DDFZ: reference +1.3% since period start, fund +2.4%; buffer 0 to −15; cap +10.7%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.79% a year; BJUN is 1.7 times larger.

Points (pts) are percentage points.

BJUN vs DDFZ: Cap, Buffer & Days Left
Measure	BJUN	DDFZ
Return
Measure	BJUN	DDFZ
Total return, 1 year	+8.7%	not published
Drawdown
Measure	BJUN	DDFZ
Index fall to the buffer	1.3%
Benchmark
Measure	BJUN	DDFZ
What it tracks	SPY	SPY
Cost and size
Measure	BJUN	DDFZ
Expense ratio	0.79%	0.79%
Net assets	$246m	$145m
Holdings
Measure	BJUN	DDFZ
Holdings in common	not published

Method

Window by window

Window by window: BJUN vs DDFZ: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BJUN	DDFZ	BJUN	DDFZ
3 months	+0.5%	+0.8%	+0.9 pts	+1.2 pts
6 months	+2.5%	–	−2.0 pts	–
1 year	+8.7%	–	−4.8 pts	–
3 years	+50.0%	–	−26.4 pts	–
Since launchNot the same days: BJUN Jun 2019 · DDFZ Jun 2026	+96.7%	+2.2%	−82.6 pts	+1.1 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

BJUN Innovator U.S. Equity Buffer ETF - Jun · Absorbs the first 9% of loss on SPY and caps the gain at 18.1%, over a period ending May 31, 2027 DDFZ Innovator Equity Dual Directional 15 Buffer ETF - Jun · Absorbs the first 15% of loss on SPY and caps the gain at 10.7%, over a period ending May 31, 2027

Issuer Innovator Innovator

Reference index SPY SPY

Buffer 9% 15%

Outcome period May 31, 2026 to May 31, 2027 May 31, 2026 to May 31, 2027

Days left 208 208

Starting cap +18.1% +10.7%

Can still gain 15.4% 7.8%

Fall before buffer 2.3% 2.7%

Protection left, index points 9.0% of 9.0% 15.0% of 15.0%

Index return this period +1.3% +1.3%

Fund return this period +2.0% +2.4%

State today Open Open

Expense ratio 0.79% 0.79%

Net assets $246m $145m

As of Nov 4, 2026. Source: ETFIQ.

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

BJUN resets first, on May 31, 2027, 208 days from now; DDFZ runs to May 31, 2027, 208 days. BJUN can still gain 15.4% before its cap, DDFZ 7.8%. A fall from here reaches BJUN’s buffer after 2.3% and DDFZ’s after 2.7%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

BJUN

From its price on Nov 4, 2026, the fund can gain about 15.4% more before it reaches its cap. The fund's price can fall 2.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.3% 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. 208 days remained on Nov 4, 2026. On May 31, 2027 the period ends and a new cap is set.

DDFZ

From its price on Nov 4, 2026, the fund can gain about 7.8% more before it reaches its cap. The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, BJUN or DDFZ?: From their prices on Nov 4, 2026, BJUN can gain about 15.4% before its cap and DDFZ about 7.8%, so BJUN has more room left this period.
Which resets first, BJUN or DDFZ?: BJUN ends its outcome period on May 31, 2027 and DDFZ on May 31, 2027. A new cap is set the day after each.
Which is cheaper, BJUN or DDFZ?: BJUN and DDFZ both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BJUN vs ZJUN BJUN vs UJUN BJUN vs JUNT BJUN vs JUNP DDFZ vs UJUN DDFZ vs GMAY DDFZ vs JUNW DDFZ vs DMAY

Where to next

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

Sources and dates

BJUN and DDFZ filings on SEC EDGAR ↗

Innovator page for BJUN ↗

Innovator page for DDFZ ↗

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, BJUN against DDFZ, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/bjun-vs-ddfz

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