Data as of Nov 4, 2026.
DDFS vs DLAG: Cap, Buffer & Days Left
As of Nov 4, 2026 DLAG can fall 1.8% before its buffer engages and DDFS 1.0%, and DLAG resets 11 days sooner.
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Net assets: $122m on Nov 4, 2026 for Innovator Equity Dual Directional 15 Buffer ETF - Sep, and $20m on Nov 3, 2026 for FT Vest U.S. Equity Dual Directional Buffer ETF - August.
DDFS: reference −0.1% since period start, fund +0.8%; buffer 0 to −15; cap +10.5%; Buffer working. Data to Nov 4, 2026.
DDFS: reference −0.1% since period start, fund +0.8%; buffer 0 to −15; cap +10.5%; Buffer working. Data to Nov 4, 2026.DLAG: reference +0.1% since period start, fund +0.9%; buffer 0 to −10; cap +13.5%; Between buffer and cap. Data to Nov 4, 2026.
DLAG: reference +0.1% since period start, fund +0.9%; buffer 0 to −10; cap +13.5%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
DDFS costs 0.06 points a year less; their one-year returns differ by 2.7 points; DDFS is 6.1 times larger.
Points (pts) are percentage points.
| Measure | DDFS | DLAG |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.5% | +10.2% |
| Drawdown | ||
| Index fall to the buffer | 0.0% | 0.1% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.85% |
| Net assets, as of Nov 3, 2026 | $121m | $20m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | DDFS | DLAG | DDFS | DLAG |
| 3 months | +1.1% | +1.2% | +1.5 pts | +1.6 pts |
| 6 months | +2.9% | +4.1% | −1.6 pts | −0.4 pts |
| 1 year | +7.5% | +10.2% | −6.1 pts | −3.4 pts |
| Since launchNot the same days: DDFS Sep 2025 · DLAG Sep 2025 | +9.3% | +10.7% | −10.5 pts | −4.3 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
Where each one stands today
DLAG resets first, on Aug 20, 2027, 289 days from now; DDFS runs to Aug 31, 2027, 300 days. DDFS can still gain 9.4% before its cap, DLAG 11.6%. A fall from here reaches DDFS’s buffer after 1.0% and DLAG’s after 1.8%. Both track SPY, so what separates them is where each is in its own period.
DDFS
From its price on Nov 4, 2026, the fund can gain about 9.4% more before it reaches its cap. The fund's price can fall 1.0% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 14.9% of the 15.0% buffer still sits below today's SPY level. 300 days remained on Nov 4, 2026. On Aug 31, 2027 the period ends and a new cap is set.
DLAG
From its price on Nov 4, 2026, the fund can gain about 11.6% more before it reaches its cap. The fund's price can fall 1.8% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.1% 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. 289 days remained on Nov 4, 2026. On Aug 20, 2027 the period ends and a new cap is set.
Questions people ask
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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, DDFS against DLAG, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddfs-vs-dlag
ETFIQ. (Nov 4, 2026). DDFS against DLAG. Retrieved from https://etfiq.com/compare/buffer/ddfs-vs-dlag
[DDFS against DLAG (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/ddfs-vs-dlag)
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