Data as of Nov 4, 2026.

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Buffer ETFs

DDNQ vs PQOC: Cap, Buffer & Days Left

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As of Nov 4, 2026 DDNQ can fall 0.0% before its buffer engages and PQOC 0.0%, and DDNQ resets 273 days sooner.

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Net assets on Nov 4, 2026: $27m for Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly and $29m for PGIM Nasdaq-100 Buffer 12 ETF - October.

At a glance
0.0%
DDNQ can fall this far before its buffer
0.0%
PQOC can fall this far before its buffer
8.6%
DDNQ can still gain
25.4%
PQOC can still gain
DDNQ Buffer exhausted
Buffer exhaustedDDNQ: reference −6.5% since period start, fund −2.8%; buffer 0 to −5; cap +5.7%; Buffer exhausted. Data to Nov 4, 2026.+5.7% to cap−5.0% floor0% period start+5.7% cap0 of 5 pts of buffer leftTODAY · QQQ −6.5%Buffer exhaustedDDNQ: reference −6.5% since period start, fund −2.8%; buffer 0 to −5; cap +5.7%; Buffer exhausted. Data to Nov 4, 2026.−5.0% floor0% start+5.7% cap0 of 5 pts of buffer left+5.7% more to the capTODAY · QQQ −6.5%

DDNQ: reference −6.5% since period start, fund −2.8%; buffer 0 to −5; cap +5.7%; Buffer exhausted. Data to Nov 4, 2026.

DDNQ: reference −6.5% since period start, fund −2.8%; buffer 0 to −5; cap +5.7%; Buffer exhausted. Data to Nov 4, 2026.
PQOC Buffer working
Buffer workingPQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.5.5 pts+21.4% more to the cap−12.0% floor0% period start+21.4% capTODAY · QQQ −6.5%Buffer workingPQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.+21.4% to cap−12.0% floor0% start+21.4% cap5.5 of 12 pts of buffer leftTODAY · QQQ −6.5%

PQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.

PQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.

Pair scorecard

PQOC costs 0.29 points a year less; PQOC is 1.1 times larger.

Points (pts) are percentage points.

DDNQ vs PQOC: Cap, Buffer & Days Left
MeasureDDNQPQOC
Return
Total return, 1 yearnot published+10.3%
Benchmark
What it tracksQQQQQQ
Cost and size
Expense ratio0.79%0.50%
Net assets$27m$29m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: DDNQ vs PQOC: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDNQPQOCDDNQPQOC
3 months−2.3%−1.1%+1.3 pts+2.4 pts
6 months−1.5%+2.1%−0.9 pts+2.7 pts
1 year–+10.3%–−1.5 pts
Since launchNot the same days: DDNQ Jan 2026 · PQOC Jan 2025+2.8%+25.1%−10.0 pts−10.5 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

DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly · Absorbs the first 5% of loss on QQQ and caps the gain at 5.7%, over a period ending Dec 31, 2026 PQOC PGIM Nasdaq-100 Buffer 12 ETF - October · Absorbs the first 12% of loss on QQQ and caps the gain at 21.4%, over a period ending Sep 30, 2027
Reference index QQQ QQQ
Buffer 5% 12%
Outcome period Sep 30, 2026 to Dec 31, 2026 Oct 1, 2026 to Sep 30, 2027
Days left 57 330
Starting cap +5.7% +21.4%
Can still gain 8.6% 25.4%
Fall before buffer 0.0% 0.0%
Protection left, index points 0.0% of 5.0% 5.5% of 12.0%
Index return this period −6.5% −6.5%
Fund return this period −2.8% −3.6%
State today Buffer exhausted Buffer working
Expense ratio 0.79% 0.50%
Net assets $27m $29m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. PQOC 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.

They do not reset together. DDNQ has 57 days of its period left and PQOC has 330, so the two are not the same bet on the same months.

Where each one stands today

DDNQ resets first, on Dec 31, 2026, 57 days from now; PQOC runs to Sep 30, 2027, 330 days. DDNQ can still gain 8.6% before its cap, PQOC 25.4%. A fall from here reaches DDNQ’s buffer after 0.0% and PQOC’s after 0.0%. Both track QQQ, so what separates them is where each is in its own period.

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About each fund
DDNQ

From its price on Nov 4, 2026, the fund can gain about 8.6% more before it reaches its cap. Protection left, in index points: 0.0% of the 5.0% buffer still sits below today's QQQ level. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.

PQOC

From its price on Nov 4, 2026, the fund can gain about 25.4% more before it reaches its cap. Protection left, in index points: 5.5% of the 12.0% buffer still sits below today's QQQ level. 330 days remained on Nov 4, 2026. On Sep 30, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, DDNQ or PQOC?
From their prices on Nov 4, 2026, DDNQ can gain about 8.6% before its cap and PQOC about 25.4%, so PQOC has more room left this period.
Which resets first, DDNQ or PQOC?
DDNQ ends its outcome period on Dec 31, 2026 and PQOC on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, DDNQ or PQOC?
DDNQ charges 0.79% a year and PQOC charges 0.50%, so PQOC is cheaper. Fees come from each fund's prospectus.
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Sources and dates

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, DDNQ against PQOC, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddnq-vs-pqoc

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