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Data as of Nov 4, 2026.

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Buffer ETFs

DDFZ vs JUNP: Cap, Buffer & Days Left

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As of Nov 4, 2026 DDFZ can fall 2.7% before its buffer engages and JUNP 2.5%.

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Net assets on Nov 4, 2026: $145m for Innovator Equity Dual Directional 15 Buffer ETF - Jun and $103m for PGIM S&P 500 Buffer 12 ETF - June.

DDFZ on its own →JUNP on its own →
At a glance
2.7%
DDFZ can fall this far before its buffer
2.5%
JUNP can fall this far before its buffer
7.8%
DDFZ can still gain
13.0%
JUNP can still gain
DDFZ Between buffer and cap
Between buffer and capDDFZ: reference +1.3% since period start, fund +2.4%; buffer 0 to −15; cap +10.7%; Between buffer and cap. Data to Nov 4, 2026.15 pts of buffer+9.4% more to the cap−15.0% floor0% period start+10.7% cap+1.3% gain capturedTODAY · SPY +1.3%Between buffer and capDDFZ: reference +1.3% since period start, fund +2.4%; buffer 0 to −15; cap +10.7%; Between buffer and cap. Data to Nov 4, 2026.15 pts−15.0% floor0% start+10.7% cap+1.3% gain captured+9.4% more to the capTODAY · SPY +1.3%

DDFZ: reference +1.3% since period start, fund +2.4%; buffer 0 to −15; cap +10.7%; Between buffer and cap. Data to Nov 4, 2026.

DDFZ: reference +1.3% since period start, fund +2.4%; buffer 0 to −15; cap +10.7%; Between buffer and cap. Data to Nov 4, 2026.
JUNP Between buffer and cap
Between buffer and capJUNP: reference +1.4% since period start, fund +2.1%; buffer 0 to −12; cap +15.9%; Between buffer and cap. Data to Nov 4, 2026.12 pts of buffer+14.5% more to the cap−12.0% floor0% period start+15.9% cap+1.4% gain capturedTODAY · SPY +1.4%Between buffer and capJUNP: reference +1.4% since period start, fund +2.1%; buffer 0 to −12; cap +15.9%; Between buffer and cap. Data to Nov 4, 2026.12 pts+14.5% to cap−12.0% floor0% start+15.9% cap+1.4% gain capturedTODAY · SPY +1.4%

JUNP: reference +1.4% since period start, fund +2.1%; buffer 0 to −12; cap +15.9%; Between buffer and cap. Data to Nov 4, 2026.

JUNP: reference +1.4% since period start, fund +2.1%; buffer 0 to −12; cap +15.9%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

JUNP costs 0.29 points a year less; DDFZ is 1.4 times larger.

Points (pts) are percentage points.

DDFZ vs JUNP: Cap, Buffer & Days Left
MeasureDDFZJUNP
Return
Total return, 1 yearnot published+8.0%
Drawdown
Index fall to the buffer1.3%1.4%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.50%
Net assets$145m$103m
Holdings
Holdings in commonnot published

Method

Risk and return

Jun 12, 2026 to Oct 30, 2026 · 20 weekly returns
DDFZ JUNP
Return
Total return edge JUNP (slight) +2.0% +2.1%
Price return edge JUNP (slight) +2.0% +2.1%
Risk
Max drawdown edge DDFZ −1.1% −5.2%
Reading

From Jun 2026 to Oct 2026, JUNP returned slightly more: +2.1% to +2.0%. DDFZ fell less at its worst: −1.1% to −5.2%.

Full scorecard

3 measures, with how each is measured Open ↓
Risk and return: DDFZ vs JUNP: Cap, Buffer & Days Left
MeasureDDFZJUNPEdgeHow it is measured
Return
Total return+2.0%+2.1%JUNP (slight)Price change plus distributions, reinvested.
Price return+2.0%+2.1%JUNP (slight)Price change alone, distributions left out.
Risk
Max drawdown−1.1%−5.2%DDFZDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 20 weekly returns. Cash rate: the 13-week Treasury bill.

Window by window

Window by window: DDFZ vs JUNP: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDFZJUNPDDFZJUNP
3 months+0.8%+0.3%+1.2 pts+0.7 pts
6 months–+2.4%–−2.1 pts
1 year–+8.0%–−5.5 pts
Since launchNot the same days: DDFZ Jun 2026 · JUNP Jun 2024+2.2%+29.6%+1.1 pts−15.7 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

DDFZ Innovator Equity Dual Directional 15 Buffer ETF - Jun · Absorbs the first 15% of loss on SPY and caps the gain at 10.7%, over a period ending May 31, 2027 JUNP PGIM S&P 500 Buffer 12 ETF - June · Absorbs the first 12% of loss on SPY and caps the gain at 15.9%, over a period ending May 31, 2027
Issuer Innovator PGIM
Reference index SPY SPY
Buffer 15% 12%
Outcome period May 31, 2026 to May 31, 2027 Jun 1, 2026 to May 31, 2027
Days left 208 208
Starting cap +10.7% +15.9%
Can still gain 7.8% 13.0%
Fall before buffer 2.7% 2.5%
Protection left, index points 15.0% of 15.0% 12.0% of 12.0%
Index return this period +1.3% +1.4%
Fund return this period +2.4% +2.1%
State today Open Open
Expense ratio 0.79% 0.50%
Net assets $145m $103m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. JUNP is a floor fund, which caps how far a holder can fall. DDFZ 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

DDFZ resets first, on May 31, 2027, 208 days from now; JUNP runs to May 31, 2027, 208 days. DDFZ can still gain 7.8% before its cap, JUNP 13.0%. A fall from here reaches DDFZ’s buffer after 2.7% and JUNP’s after 2.5%. Both track SPY, so what separates them is where each is in its own period.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for DDFZ.

Alert

DDFZ and JUNP flows, by email on Sundays.

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About each fund
DDFZ

From its price on Nov 4, 2026, the fund can gain about 7.8% 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 1.3% 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. 208 days remained on Nov 4, 2026. On May 31, 2027 the period ends and a new cap is set.

JUNP

From its price on Nov 4, 2026, the fund can gain about 13.0% more before it reaches its cap. The fund's price can fall 2.5% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.4% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, DDFZ or JUNP?
From their prices on Nov 4, 2026, DDFZ can gain about 7.8% before its cap and JUNP about 13.0%, so JUNP has more room left this period.
Which resets first, DDFZ or JUNP?
DDFZ ends its outcome period on May 31, 2027 and JUNP on May 31, 2027. A new cap is set the day after each.
Which is cheaper, DDFZ or JUNP?
DDFZ charges 0.79% a year and JUNP charges 0.50%, so JUNP is cheaper. Fees come from each fund's prospectus.
Other comparisons
DDFZ vs JUNTDDFZ vs ZJUNDDFZ vs UJUNDDFZ vs GMAYJUNP vs ZJUNJUNP vs UJUNJUNP vs JUNTJUNP vs JUNW
Where to next
SPY →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →DDFZ on its own →JUNP on its own →Method →Standards and sources →
Sources and dates
DDFZ filings on SEC EDGAR ↗
Innovator page for DDFZ ↗
JUNP filings on SEC EDGAR ↗
PGIM website ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, DDFZ against JUNP, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddfz-vs-junp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.