Data as of Nov 4, 2026.

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Buffer ETFs

DDFG vs GJUL: Cap, Buffer & Days Left

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As of Nov 4, 2026 GJUL can fall 3.4% before its buffer engages and DDFG 2.7%, and GJUL resets 15 days sooner.

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Net assets: $92m on Nov 4, 2026 for Innovator Equity Dual Directional 15 Buffer ETF - Aug, and $408m on Nov 3, 2026 for FT Vest U.S. Equity Moderate Buffer ETF - July.

At a glance
2.7%
DDFG can fall this far before its buffer
3.4%
GJUL can fall this far before its buffer
8.4%
DDFG can still gain
10.1%
GJUL can still gain
DDFG Between buffer and cap
Between buffer and capDDFG: reference +2.6% since period start, fund +2.5%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Data to Nov 4, 2026.15 pts of buffer+2.6%+8.8% more to the cap−15.0% floor0% period start+11.4% capTODAY · SPY +2.6%Between buffer and capDDFG: reference +2.6% since period start, fund +2.5%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Data to Nov 4, 2026.15 pts−15.0% floor0% start+11.4% cap+2.6% gain captured+8.8% more to the capTODAY · SPY +2.6%

DDFG: reference +2.6% since period start, fund +2.5%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Data to Nov 4, 2026.

DDFG: reference +2.6% since period start, fund +2.5%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Data to Nov 4, 2026.
GJUL Between buffer and cap
Between buffer and capGJUL: reference +3.1% since period start, fund +2.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.15 pts of buffer+3.1%+10.7% more to the cap−15.0% floor0% period start+13.8% capTODAY · SPY +3.1%Between buffer and capGJUL: reference +3.1% since period start, fund +2.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.15 pts−15.0% floor0% start+13.8% cap+3.1% gain captured+10.7% more to the capTODAY · SPY +3.1%

GJUL: reference +3.1% since period start, fund +2.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

DDFG costs 0.06 points a year less; GJUL is 4.4 times larger.

Points (pts) are percentage points.

DDFG vs GJUL: Cap, Buffer & Days Left
MeasureDDFGGJUL
Return
Total return, 1 yearnot published+10.2%
Drawdown
Index fall to the buffer2.5%3.1%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.85%
Net assets, as of Nov 3, 2026$92m$408m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: DDFG vs GJUL: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDFGGJULDDFGGJUL
3 months+1.1%+0.7%+1.4 pts+1.1 pts
6 months–+4.6%–+0.1 pts
1 year–+10.2%–−3.4 pts
3 years–+47.9%–−28.5 pts
Since launchNot the same days: DDFG Aug 2026 · GJUL Jul 2023+1.8%+45.0%+0.6 pts−23.8 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

DDFG Innovator Equity Dual Directional 15 Buffer ETF - Aug · Absorbs the first 15% of loss on SPY and caps the gain at 11.4%, over a period ending Jul 31, 2027 GJUL FT Vest U.S. Equity Moderate Buffer ETF - July · Absorbs the first 15% of loss on SPY and caps the gain at 13.8%, over a period ending Jul 16, 2027
Reference index SPY SPY
Buffer 15% 15%
Outcome period Jul 31, 2026 to Jul 31, 2027 Jul 20, 2026 to Jul 16, 2027
Days left 269 254
Starting cap +11.4% +13.8%
Can still gain 8.4% 10.1%
Fall before buffer 2.7% 3.4%
Protection left, index points 15.0% of 15.0% 15.0% of 15.0%
Index return this period +2.6% +3.1%
Fund return this period +2.5% +2.6%
State today Open Open
Expense ratio 0.79% 0.85%
Net assets, DDFG as of Nov 4, 2026 and GJUL as of Nov 3, 2026 $92m $408m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. GJUL is a floor fund, which caps how far a holder can fall. DDFG is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Where each one stands today

GJUL resets first, on Jul 16, 2027, 254 days from now; DDFG runs to Jul 31, 2027, 269 days. DDFG can still gain 8.4% before its cap, GJUL 10.1%. A fall from here reaches DDFG’s buffer after 2.7% and GJUL’s after 3.4%. Both track SPY, so what separates them is where each is in its own period.

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About each fund
DDFG

From its price on Nov 4, 2026, the fund can gain about 8.4% more before it reaches its cap. The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 2.5% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 269 days remained on Nov 4, 2026. On Jul 31, 2027 the period ends and a new cap is set.

GJUL

From its price on Nov 4, 2026, the fund can gain about 10.1% more before it reaches its cap. The fund's price can fall 3.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 3.1% from today's level to the point where the buffer begins. 254 days remained on Nov 4, 2026. On Jul 16, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, DDFG or GJUL?
From their prices on Nov 4, 2026, DDFG can gain about 8.4% before its cap and GJUL about 10.1%, so GJUL has more room left this period.
Which resets first, DDFG or GJUL?
DDFG ends its outcome period on Jul 31, 2027 and GJUL on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, DDFG or GJUL?
DDFG charges 0.79% a year and GJUL charges 0.85%, so DDFG is cheaper. Fees come from each fund's prospectus.
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Sources and dates

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, DDFG against GJUL, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddfg-vs-gjul

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