Data as of .
BOCT vs DDSQ: which one stands where?
As of Sep 21, 2026 BOCT can fall 13.1% before its buffer engages and DDSQ 3.0%.
These are two different products. DDSQ is a floor fund, which caps how far a holder can fall. BOCT 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
BOCT resets first, on Sep 30, 2026, 9 days from now; DDSQ runs to Sep 30, 2026, 9 days. BOCT can still gain 0.4% before its cap, DDSQ 0.5%. A fall from here reaches BOCT’s buffer after 13.1% and DDSQ’s after 3.0%. 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 | ||
|---|---|---|---|---|
| BOCT | DDSQ | BOCT | DDSQ | |
| 3 months | +3.4% | +2.2% | +1.2 pts | −0.1 pts |
| 6 months | +14.4% | +12.9% | −3.6 pts | −5.1 pts |
| 1 year | +14.0% | not published | −2.5 pts | not published |
| 3 years | +49.0% | not published | −29.4 pts | not published |
| BOCT Innovator U.S. Equity Buffer ETF - Oct Absorbs the first 9% of loss on SPY and caps the gain at 15.4%, over a period ending Sep 30, 2026 | DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly Absorbs the first 5% of loss on SPY and caps the gain at 3.6%, over a period ending Sep 30, 2026 | |
|---|---|---|
| Issuer | Innovator | Innovator |
| Reference index | SPY | SPY |
| Buffer | 9% | 5% |
| Outcome period | Sep 30, 2025 to Sep 30, 2026 | Jun 30, 2026 to Sep 30, 2026 |
| Days left | 9 | 9 |
| Starting cap | +15.4% | +3.6% |
| Can still gain | 0.4% | 0.5% |
| Fall before buffer | 13.1% | 3.0% |
| Protection left, index points | 9.0% of 9.0% | 5.0% of 5.0% |
| Index return this period | +16.2% | +3.6% |
| Fund return this period | +14.1% | +2.9% |
| State today | At cap | At cap |
| Expense ratio | 0.79% | 0.79% |
| Net assets | $286m | $90m |
BOCT in plain words
SPY had already risen past this fund's cap of +15.4% for the period on Sep 21, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 0.4% as the period runs out. The fund's price can fall 13.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 13.9% 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. 9 days remained on Sep 21, 2026. On Sep 30, 2026 the period ends and a new cap is set.
DDSQ in plain words
SPY had already risen past this fund's cap of +3.6% for the period on Sep 21, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 0.5% as the period runs out. The fund's price can fall 3.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% from today's level to the point where the buffer begins. Protection left, in index points: 5.0% of the 5.0% buffer still sits below today's SPY level.
Questions people ask
- Which has more room to gain, BOCT or DDSQ?
- From their prices on Sep 21, 2026, BOCT can gain about 0.4% before its cap and DDSQ about 0.5%, so DDSQ has more room left this period.
- Which resets first, BOCT or DDSQ?
- BOCT ends its outcome period on Sep 30, 2026 and DDSQ on Sep 30, 2026. A new cap is set the day after each.
- Which is cheaper, BOCT or DDSQ?
- BOCT charges 0.79% a year and DDSQ charges 0.79%, so BOCT 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, BOCT against DDSQ, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/boct-vs-ddsq Free to use with attribution; the underlying files are at Open data.