Data as of .
DDFL vs DJUN: which one stands where?
As of Sep 21, 2026 DJUN can fall 7.9% before its buffer engages and DDFL 2.4%, and DJUN resets 13 days sooner.
These are two different products. DJUN is a floor fund, which caps how far a holder can fall. DDFL 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
DJUN resets first, on Jun 17, 2027, 269 days from now; DDFL runs to Jun 30, 2027, 282 days. DDFL can still gain 8.3% before its cap, DJUN 10.3%. A fall from here reaches DDFL’s buffer after 2.4% and DJUN’s after 7.9%. 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 | ||
|---|---|---|---|---|
| DDFL | DJUN | DDFL | DJUN | |
| 3 months | +2.1% | +1.4% | −0.2 pts | −0.8 pts |
| 6 months | +5.5% | +6.8% | −12.6 pts | −11.3 pts |
| 1 year | +7.0% | +7.7% | −9.6 pts | −8.8 pts |
| 3 years | not published | +38.5% | not published | −39.9 pts |
| DDFL Innovator Equity Dual Directional 15 Buffer ETF - Jul Absorbs the first 15% of loss on SPY and caps the gain at 10.9%, over a period ending Jun 30, 2027 | DJUN FT Vest U.S. Equity Deep Buffer ETF - June Absorbs losses from 5.0% to 30.0% on SPY and caps the gain at 13.6%, over a period ending Jun 17, 2027 | |
|---|---|---|
| Issuer | Innovator | First Trust |
| Reference index | SPY | SPY |
| Buffer | 15% | 5% to 30% |
| Outcome period | Jun 30, 2026 to Jun 30, 2027 | Jun 22, 2026 to Jun 17, 2027 |
| Days left | 282 | 269 |
| Starting cap | +10.9% | +13.6% |
| Can still gain | 8.3% | 10.3% |
| Fall before buffer | 2.4% | 7.9% |
| Protection left, index points | 15.0% of 15.0% | 25.0% of 25.0% |
| Index return this period | +3.6% | +3.6% |
| Fund return this period | +2.3% | +2.3% |
| State today | Open | Open |
| Expense ratio | 0.79% | 0.85% |
| Net assets | $158m | $357m |
DDFL in plain words
From its price on Sep 21, 2026, the fund can gain about 8.3% more before it reaches its cap. The fund's price can fall 2.4% 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: 15.0% of the 15.0% buffer still sits below today's SPY level. 282 days remained on Sep 21, 2026. On Jun 30, 2027 the period ends and a new cap is set.
DJUN in plain words
From its price on Sep 21, 2026, the fund can gain about 10.3% more before it reaches its cap. The fund's price can fall 7.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 8.3% 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. 269 days remained on Sep 21, 2026. On Jun 17, 2027 the period ends and a new cap is set.
Questions people ask
- Which has more room to gain, DDFL or DJUN?
- From their prices on Sep 21, 2026, DDFL can gain about 8.3% before its cap and DJUN about 10.3%, so DJUN has more room left this period.
- Which resets first, DDFL or DJUN?
- DDFL ends its outcome period on Jun 30, 2027 and DJUN on Jun 17, 2027. A new cap is set the day after each.
- Which is cheaper, DDFL or DJUN?
- DDFL charges 0.79% a year and DJUN charges 0.85%, so DDFL 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, DDFL against DJUN, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/ddfl-vs-djun Free to use with attribution; the underlying files are at Open data.