Which has more room to gain, BMAR or DDTM?

From their prices on Nov 4, 2026, BMAR can gain about 6.0% before its cap and DDTM about 4.1%, so BMAR has more room left this period.

Which resets first, BMAR or DDTM?

BMAR ends its outcome period on Feb 28, 2027 and DDTM on Feb 28, 2027. A new cap is set the day after each.

Which is cheaper, BMAR or DDTM?

BMAR and DDTM 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

BMAR vs DDTM: Cap, Buffer & Days Left

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As of Nov 4, 2026 BMAR can fall 9.4% before its buffer engages and DDTM 8.5%.

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Net assets on Nov 4, 2026: $203m for Innovator U.S. Equity Buffer ETF - Mar and $13m for Innovator Equity Dual Directional 10 Buffer ETF - Mar.

BMAR on its own →DDTM on its own →

At a glance

9.4%

BMAR can fall this far before its buffer

8.5%

DDTM can fall this far before its buffer

6.0%

BMAR can still gain

4.1%

DDTM can still gain

BMAR Between buffer and cap

BMAR: reference +11.7% since period start, fund +9.8%; buffer 0 to −9; cap +17.0%; Between buffer and cap. Data to Nov 4, 2026.

DDTM Between buffer and cap

DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.79% a year; BMAR is 15.6 times larger.

Points (pts) are percentage points.

BMAR vs DDTM: Cap, Buffer & Days Left
Measure	BMAR	DDTM
Return
Measure	BMAR	DDTM
Total return, 1 year	+14.6%	not published
Drawdown
Measure	BMAR	DDTM
Index fall to the buffer	10.5%
Benchmark
Measure	BMAR	DDTM
What it tracks	SPY	SPY
Cost and size
Measure	BMAR	DDTM
Expense ratio	0.79%	0.79%
Net assets	$203m	$13m
Holdings
Measure	BMAR	DDTM
Holdings in common	not published

Method

Window by window

Window by window: BMAR vs DDTM: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BMAR	DDTM	BMAR	DDTM
3 months	+1.2%	+1.6%	+1.6 pts	+2.0 pts
6 months	+4.9%	+4.8%	+0.4 pts	+0.3 pts
1 year	+14.6%	–	+1.1 pts	–
3 years	+61.5%	–	−14.9 pts	–
Since launchNot the same days: BMAR Mar 2020 · DDTM Mar 2026	+122.7%	+8.5%	−25.4 pts	−3.2 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

BMAR Innovator U.S. Equity Buffer ETF - Mar · Absorbs the first 9% of loss on SPY and caps the gain at 17.0%, over a period ending Feb 28, 2027 DDTM Innovator Equity Dual Directional 10 Buffer ETF - Mar · Absorbs the first 10% of loss on SPY and caps the gain at 13.7%, over a period ending Feb 28, 2027

Issuer Innovator Innovator

Reference index SPY SPY

Buffer 9% 10%

Outcome period Feb 28, 2026 to Feb 28, 2027 Feb 28, 2026 to Feb 28, 2027

Days left 116 116

Starting cap +17.0% +13.7%

Can still gain 6.0% 4.1%

Fall before buffer 9.4% 8.5%

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

Index return this period +11.7% +11.7%

Fund return this period +9.8% +8.6%

State today Open Open

Expense ratio 0.79% 0.79%

Net assets $203m $13m

As of Nov 4, 2026. Source: ETFIQ.

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

BMAR resets first, on Feb 28, 2027, 116 days from now; DDTM runs to Feb 28, 2027, 116 days. BMAR can still gain 6.0% before its cap, DDTM 4.1%. A fall from here reaches BMAR’s buffer after 9.4% and DDTM’s after 8.5%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

BMAR

From its price on Nov 4, 2026, the fund can gain about 6.0% more before it reaches its cap. The fund's price can fall 9.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 10.5% 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. 116 days remained on Nov 4, 2026. On Feb 28, 2027 the period ends and a new cap is set.

DDTM

From its price on Nov 4, 2026, the fund can gain about 4.1% 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, BMAR or DDTM?: From their prices on Nov 4, 2026, BMAR can gain about 6.0% before its cap and DDTM about 4.1%, so BMAR has more room left this period.
Which resets first, BMAR or DDTM?: BMAR ends its outcome period on Feb 28, 2027 and DDTM on Feb 28, 2027. A new cap is set the day after each.
Which is cheaper, BMAR or DDTM?: BMAR and DDTM both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BMAR vs DFEB BMAR vs FFEB BMAR vs MART BMAR vs PMMR DDTM vs SIXP DDTM vs UMAR DDTM vs GFEB DDTM vs ZMAR

Where to next

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

Sources and dates

BMAR and DDTM filings on SEC EDGAR ↗

Innovator page for BMAR ↗

Innovator page for DDTM ↗

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, BMAR against DDTM, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/bmar-vs-ddtm

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