DDNQ vs NJAN: which one stands where?
As of Oct 1, 2026 NJAN can fall 10.3% before its buffer engages and DDNQ 0.0%. Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly and Innovator Growth-100 Power Buffer ETF - Jan.
DDNQ: reference 0.0% since period start, fund 0.0%; buffer 0 to −5; cap +5.7%; Between buffer and cap.
NJAN: reference +20.4% since period start, fund +10.7%; buffer 0 to −15; cap +14.7%; At its cap.
These are two different products. NJAN is a floor fund, which caps how far a holder can fall. DDNQ is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
NJAN is already at its cap, so more rise in the index adds nothing to it before the period ends.
Both are Innovator funds, so the difference between them is the terms rather than the house.
Where each one stands today
DDNQ resets first, on Dec 31, 2026, 92 days from now; NJAN runs to Dec 31, 2026, 92 days. DDNQ can still gain 5.7% before its cap, NJAN 3.0%. A fall from here reaches DDNQ’s buffer after 0.0% and NJAN’s after 10.3%. Both track QQQ, 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
| Total return | Gap to the reference | |||
|---|---|---|---|---|
| Window | DDNQ | NJAN | DDNQ | NJAN |
| 3 months | +1.7% | +3.3% | −0.5 pts | +1.1 pts |
| 6 months | +5.7% | +12.7% | −21.1 pts | −14.2 pts |
| 1 year | not published | +14.1% | not published | −9.7 pts |
| 3 years | not published | +49.5% | not published | −60.4 pts |
DDNQ and NJAN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
DDNQ and NJAN on the same fields, as of Oct 1, 2026. Source: ETFIQ.
DDNQ in plain words
From its price on Oct 1, 2026, the fund can gain about 5.7% more before it reaches its cap. Protection left, in index points: 5.0% of the 5.0% buffer still sits below today's QQQ level. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.
NJAN in plain words
QQQ had already risen past this fund's cap of +14.7% for the period on Oct 1, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 3.0% as the period runs out. The fund's price can fall 10.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 17.0% 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 QQQ level.
Questions people ask
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, DDNQ against NJAN, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ddnq-vs-njan
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, DDNQ against NJAN, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ddnq-vs-njan Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, DDNQ against NJAN, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ddnq-vs-njan
- APA
- ETFIQ. (Oct 1, 2026). DDNQ against NJAN. Retrieved from https://etfiq.com/compare/buffer/ddnq-vs-njan
- Markdown
- [DDNQ against NJAN (ETFIQ, Oct 1, 2026)](https://etfiq.com/compare/buffer/ddnq-vs-njan)