BJUN vs DDTZ: Cap, Buffer & Days Left

As of Oct 9, 2026 DDTZ can fall 3.8% before its buffer engages and BJUN 3.3%. Net assets on Oct 9, 2026: $246m for Innovator U.S. Equity Buffer ETF - Jun and $32m for Innovator Equity Dual Directional 10 Buffer ETF - Jun.

Both cost 0.79% a year; BJUN is 7.7 times larger.

BJUNDDTZ
Expense ratio0.79%0.79%
Net assets$246m$32m
Total return, 1 year+9.9%not published
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer2.8%
3.3%
BJUN can fall this far before its buffer
3.8%
DDTZ can fall this far before its buffer
14.3%
BJUN can still gain
11.1%
DDTZ can still gain
BJUNBetween buffer and cap
Between buffer and capBJUN: reference +2.9% since period start, fund +3.1%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.9 pts of buffer+2.9%+15.1% more to the cap−9.0% floor0% period start+18.1% capTODAY · SPY +2.9%Between buffer and capBJUN: reference +2.9% since period start, fund +3.1%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.9 pts+15.1% to cap−9.0% floor0% start+18.1% cap+2.9% gain capturedTODAY · SPY +2.9%

BJUN: reference +2.9% since period start, fund +3.1%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.

BJUN: reference +2.9% since period start, fund +3.1%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.

DDTZBetween buffer and cap
Between buffer and capDDTZ: reference +2.9% since period start, fund +3.6%; buffer 0 to −10; cap +15.4%; Between buffer and cap. Figures to Oct 9, 2026.10 pts of buffer+2.9%+12.5% more to the cap−10.0% floor0% period start+15.4% capTODAY · SPY +2.9%Between buffer and capDDTZ: reference +2.9% since period start, fund +3.6%; buffer 0 to −10; cap +15.4%; Between buffer and cap. Figures to Oct 9, 2026.10 pts−10.0% floor0% start+15.4% cap+2.9% gain captured+12.5% more to the capTODAY · SPY +2.9%

DDTZ: reference +2.9% since period start, fund +3.6%; buffer 0 to −10; cap +15.4%; Between buffer and cap. Figures to Oct 9, 2026.

DDTZ: reference +2.9% since period start, fund +3.6%; buffer 0 to −10; cap +15.4%; Between buffer and cap. Figures to Oct 9, 2026.

These are two different products. DDTZ 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, 234 days from now; DDTZ runs to May 31, 2027, 234 days. BJUN can still gain 14.3% before its cap, DDTZ 11.1%. A fall from here reaches BJUN’s buffer after 3.3% and DDTZ’s after 3.8%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Total returnGap to the reference's price return
WindowBJUNDDTZBJUNDDTZ
3 months+2.7%+3.0%−0.4 pts−0.1 pts
6 months+5.9%not published−8.7 ptsnot published
1 year+9.9%not published−6.1 ptsnot published
3 years+51.5%not published−27.7 ptsnot published

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

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
DDTZ
Innovator Equity Dual Directional 10 Buffer ETF - Jun · Absorbs the first 10% of loss on SPY and caps the gain at 15.4%, over a period ending May 31, 2027
Reference index SPY SPY
Buffer 9% 10%
Outcome period May 31, 2026 to May 31, 2027 May 31, 2026 to May 31, 2027
Days left 234 234
Starting cap +18.1% +15.4%
Can still gain 14.3% 11.1%
Fall before buffer 3.3% 3.8%
Protection left, index points 9.0% of 9.0% 10.0% of 10.0%
Index return this period +2.9% +2.9%
Fund return this period +3.1% +3.6%
State today Open Open
Expense ratio 0.79% 0.79%
Net assets $246m $32m

As of Oct 9, 2026. Source: ETFIQ.

BJUN in plain words

From its price on Oct 9, 2026, the fund can gain about 14.3% 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 2.8% 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. 234 days remained on Oct 9, 2026. On May 31, 2027 the period ends and a new cap is set.

DDTZ in plain words

From its price on Oct 9, 2026, the fund can gain about 11.1% more before it reaches its cap. The fund's price can fall 3.8% from here before the buffer starts absorbing losses, by the issuer's figure. 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, BJUN or DDTZ?
From their prices on Oct 9, 2026, BJUN can gain about 14.3% before its cap and DDTZ about 11.1%, so BJUN has more room left this period.
Which resets first, BJUN or DDTZ?
BJUN ends its outcome period on May 31, 2027 and DDTZ on May 31, 2027. A new cap is set the day after each.
Which is cheaper, BJUN or DDTZ?
BJUN and DDTZ both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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

How this is computed

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 page

ETFIQ, BJUN against DDTZ, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/bjun-vs-ddtz

Open data

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