Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

DDFS vs DDTS: which one stands where?

As of Sep 19, 2026 DDFS can fall 0.1% before its buffer engages and DDTS 0.0%.

Innovator Equity Dual Directional 15 Buffer ETF - Sep and Innovator Equity Dual Directional 10 Buffer ETF - Sep.

0.1%DDFS can fall this far before its buffer
0.0%DDTS can fall this far before its buffer
10.3%DDFS can still gain
14.8%DDTS can still gain
DDFSBuffer working
14.3 of 15 pts of buffer left+10.5% more to the cap−15.0% floor0% period start+10.5% capTODAY · SPY −0.7%14.3 pts−15.0% floor0% start+10.5% capTODAY · SPY −0.7%
DDTSBuffer working
9.3 of 10 pts of buffer left+14.7% more to the cap−10.0% floor0% period start+14.7% capTODAY · SPY −0.7%9.3 pts+14.7% to cap−10.0% floor0% start+14.7% capTODAY · SPY −0.7%

Both are Innovator funds, so the difference between them is the terms rather than the house.

Where each one stands today

DDFS resets first, on Aug 31, 2027, 347 days from now; DDTS runs to Aug 31, 2027, 347 days. DDFS can still gain 10.3% before its cap, DDTS 14.8%. A fall from here reaches DDFS’s buffer after 0.1% and DDTS’s after 0.0%. 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

DDFS and DDTS over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
DDFSDDTSDDFSDDTS
3 months+1.3%+2.0%−0.9 pts−0.3 pts
6 months+5.9%+9.3%−12.2 pts−8.7 pts
1 year+7.0%+9.8%−9.6 pts−6.7 pts
Open the live comparison on ETFIQ
DDFS and DDTS on the same fields, as of Sep 19, 2026. Source: ETFIQ.
DDFS
Innovator Equity Dual Directional 15 Buffer ETF - Sep
Absorbs the first 15% of loss on SPY and caps the gain at 10.5%, over a period ending Aug 31, 2027
DDTS
Innovator Equity Dual Directional 10 Buffer ETF - Sep
Absorbs the first 10% of loss on SPY and caps the gain at 14.7%, over a period ending Aug 31, 2027
IssuerInnovatorInnovator
Reference indexSPYSPY
Buffer15%10%
Outcome periodAug 31, 2026 to Aug 31, 2027Aug 31, 2026 to Aug 31, 2027
Days left347347
Starting cap+10.5%+14.7%
Can still gain10.3%14.8%
Fall before buffer0.1%0.0%
Protection left, index points14.3% of 15.0%9.3% of 10.0%
Index return this period−0.7%−0.7%
Fund return this period+0.1%−0.1%
State todayBuffer workingBuffer working
Expense ratio0.79%0.79%
Net assets$101m$29m

DDFS in plain words

From its price on Sep 19, 2026, the fund can gain about 10.3% more before it reaches its cap. The fund's price can fall 0.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 14.3% of the 15.0% buffer still sits below today's SPY level. 347 days remained on Sep 19, 2026. On Aug 31, 2027 the period ends and a new cap is set.

DDTS in plain words

From its price on Sep 19, 2026, the fund can gain about 14.8% more before it reaches its cap. Protection left, in index points: 9.3% of the 10.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, DDFS or DDTS?
From their prices on Sep 19, 2026, DDFS can gain about 10.3% before its cap and DDTS about 14.8%, so DDTS has more room left this period.
Which resets first, DDFS or DDTS?
DDFS ends its outcome period on Aug 31, 2027 and DDTS on Aug 31, 2027. A new cap is set the day after each.
Which is cheaper, DDFS or DDTS?
DDFS charges 0.79% a year and DDTS charges 0.79%, so DDFS 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.

DDFS against DDTS, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DDFS against DDTS, data as of Sep 19, 2026. https://etfiq.com/compare/buffer/ddfs-vs-ddts Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources