DDEC vs EALT: which one stands where?

As of Oct 1, 2026 DDEC can fall 12.9% before its buffer engages and EALT 5.0%, and DDEC resets 13 days sooner. FT Vest U.S. Equity Deep Buffer ETF - December and Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly.

12.9%
DDEC can fall this far before its buffer
5.0%
EALT can fall this far before its buffer
2.8%
DDEC can still gain
7.0%
EALT can still gain
DDECAt its cap
At its capDDEC: reference +12.0% since period start, fund +8.1%; buffer −5 to −30; cap +12.0%; At its cap.25 pts of buffer+12% gain captured−30.0% floor−5.0% buffer start0% period start+12.0% capTODAY · SPY +12.0%At its capDDEC: reference +12.0% since period start, fund +8.1%; buffer −5 to −30; cap +12.0%; At its cap.25 pts of buffer+12%−30.0% floor−5.0% buffer start0% start+12.0% capTODAY · SPY +12.0%

DDEC: reference +12.0% since period start, fund +8.1%; buffer −5 to −30; cap +12.0%; At its cap.

EALTBetween buffer and cap
Between buffer and capEALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.10 pts of buffer+7% to cap−15.0% floor−5.0% buffer start0% period start+7.0% capTODAY · SPY 0.0%Between buffer and capEALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.10 pts−15.0% floor−5.0% buffer start0% start+7.0% capTODAY · SPY 0.0%

EALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.

ETFIQ Downside Cover Score · EALT scores higherIf the market falls into a bear market from here, how much does the buffer absorb?
0.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

DDEC is already at its cap, so more rise in the index adds nothing to it before the period ends.

Where each one stands today

DDEC resets first, on Dec 18, 2026, 79 days from now; EALT runs to Dec 31, 2026, 92 days. DDEC can still gain 2.8% before its cap, EALT 7.0%. A fall from here reaches DDEC’s buffer after 12.9% and EALT’s after 5.0%. 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

Total returnGap to the reference
WindowDDECEALTDDECEALT
3 months+2.6%+2.1%+0.1 pts−0.4 pts
6 months+9.6%+8.3%−7.4 pts−8.7 pts
1 year+11.0%+5.8%−4.7 pts−9.9 pts
3 years+44.8%not published−40.2 ptsnot published

DDEC and EALT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

DDEC
FT Vest U.S. Equity Deep Buffer ETF - December · Absorbs losses from 5.0% to 30.0% on SPY and caps the gain at 12.0%, over a period ending Dec 18, 2026
EALT
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly · Absorbs losses from 5.0% to 15.0% on SPY and caps the gain at 7.0%, over a period ending Dec 31, 2026
Issuer First Trust Innovator
Reference index SPY SPY
Buffer 5% to 30% 5% to 15%
Outcome period Dec 22, 2025 to Dec 18, 2026 Sep 30, 2026 to Dec 31, 2026
Days left 79 92
Starting cap +12.0% +7.0%
Can still gain 2.8% 7.0%
Fall before buffer 12.9% 5.0%
Protection left, index points 25.0% of 25.0% 10.0% of 10.0%
Index return this period +12.0% 0.0%
Fund return this period +8.1% 0.0%
State today At cap Open
Expense ratio 0.85% 0.69%
Net assets $428m $181m

DDEC and EALT on the same fields, as of Oct 1, 2026. Source: ETFIQ.

DDEC in plain words

SPY had already risen past this fund's cap of +12.0% for the period on Oct 1, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 2.8% as the period runs out. The fund's price can fall 12.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 15.2% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 79 days remained on Oct 1, 2026. On Dec 18, 2026 the period ends and a new cap is set.

EALT in plain words

From its price on Oct 1, 2026, the fund can gain about 7.0% more before it reaches its cap. The fund's price can fall 5.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.0% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, DDEC or EALT?
From their prices on Oct 1, 2026, DDEC can gain about 2.8% before its cap and EALT about 7.0%, so EALT has more room left this period.
Which resets first, DDEC or EALT?
DDEC ends its outcome period on Dec 18, 2026 and EALT on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, DDEC or EALT?
DDEC charges 0.85% a year and EALT charges 0.69%, so EALT is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, DDEC against EALT, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ddec-vs-ealt

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.