Data as of .
BMAR vs DDTM: which one stands where?
As of Sep 19, 2026 BMAR can fall 8.5% before its buffer engages and DDTM 7.5%.
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, 163 days from now; DDTM runs to Feb 28, 2027, 163 days. BMAR can still gain 7.1% before its cap, DDTM 5.2%. A fall from here reaches BMAR’s buffer after 8.5% and DDTM’s after 7.5%. Both track SPY, so what separates them is where each is in its own period.
Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.
Performance, window by window
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| BMAR | DDTM | BMAR | DDTM | |
| 3 months | +2.4% | +2.3% | +0.2 pts | 0.0 pts |
| 6 months | +12.9% | +10.6% | −5.2 pts | −7.4 pts |
| 1 year | +14.7% | not published | −1.9 pts | not published |
| 3 years | +58.1% | not published | −20.3 pts | not published |
| 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 | 163 | 163 |
| Starting cap | +17.0% | +13.7% |
| Can still gain | 7.1% | 5.2% |
| Fall before buffer | 8.5% | 7.5% |
| Protection left, index points | 9.0% of 9.0% | 10.0% of 10.0% |
| Index return this period | +11.0% | +11.0% |
| Fund return this period | +8.8% | +7.6% |
| State today | Open | Open |
| Expense ratio | 0.79% | 0.79% |
| Net assets | $204m | $13m |
BMAR in plain words
From its price on Sep 19, 2026, the fund can gain about 7.1% 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 figure. In index terms, SPY can fall 9.9% 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. 163 days remained on Sep 19, 2026. On Feb 28, 2027 the period ends and a new cap is set.
DDTM in plain words
From its price on Sep 19, 2026, the fund can gain about 5.2% more before it reaches its cap. The fund's price can fall 7.5% 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, BMAR or DDTM?
- From their prices on Sep 19, 2026, BMAR can gain about 7.1% before its cap and DDTM about 5.2%, 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 charges 0.79% a year and DDTM charges 0.79%, so BMAR is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BMAR against DDTM, data as of Sep 19, 2026. https://etfiq.com/compare/buffer/bmar-vs-ddtm Free to use with attribution; the underlying files are at Open data.