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Data as of Nov 4, 2026.

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Buffer ETFs

DDNQ vs QBQV: Cap, Buffer & Days Left

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As of Nov 4, 2026 DDNQ can fall 0.0% before its buffer engages and QBQV 0.0%.

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Net assets: $27m on Nov 4, 2026 for Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly, and $52m on Nov 3, 2026 for AllianzIM Growth-100 Buffer5 ETF - Jan.

DDNQ on its own →QBQV on its own →
At a glance
0.0%
DDNQ can fall this far before its buffer
0.0%
QBQV can fall this far before its buffer
8.6%
DDNQ can still gain
11.4%
QBQV 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% more to the 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.
QBQV Buffer exhausted
Buffer exhaustedQBQV: reference −6.5% since period start, fund −3.6%; buffer 0 to −5; cap +7.6%; Buffer exhausted. Data to Nov 4, 2026.+7.6% more to the cap−5.0% floor0% period start+7.6% cap0 of 5 pts of buffer leftTODAY · QQQ −6.5%Buffer exhaustedQBQV: reference −6.5% since period start, fund −3.6%; buffer 0 to −5; cap +7.6%; Buffer exhausted. Data to Nov 4, 2026.+7.6% to cap−5.0% floor0% start+7.6% cap0 of 5 pts of buffer leftTODAY · QQQ −6.5%

QBQV: reference −6.5% since period start, fund −3.6%; buffer 0 to −5; cap +7.6%; Buffer exhausted. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QBQV costs 0.05 points a year less; QBQV is 2.0 times larger.

Points (pts) are percentage points.

DDNQ vs QBQV: Cap, Buffer & Days Left
MeasureDDNQQBQV
Benchmark
What it tracksQQQQQQ
Cost and size
Expense ratio0.79%0.74%
Net assets, as of Nov 3, 2026$26m$52m
Holdings
Holdings in commonnot published

Method

Risk and return

Apr 10, 2026 to Oct 30, 2026 · 29 weekly returns
DDNQ QBQV
Return
Total return edge Tie +0.6% +0.6%
Price return edge Tie +0.6% +0.6%
Risk
Max drawdown edge DDNQ −4.5% −5.1%
Reading

From Apr 2026 to Oct 2026, DDNQ and QBQV returned about the same: +0.6% and +0.6%. DDNQ fell less at its worst: −4.5% to −5.1%.

Full scorecard

3 measures, with how each is measured Open ↓
Risk and return: DDNQ vs QBQV: Cap, Buffer & Days Left
MeasureDDNQQBQVEdgeHow it is measured
Return
Total return+0.6%+0.6%TiePrice change plus distributions, reinvested.
Price return+0.6%+0.6%TiePrice change alone, distributions left out.
Risk
Max drawdown−4.5%−5.1%DDNQDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 29 weekly returns. Cash rate: the 13-week Treasury bill.

Window by window

Window by window: DDNQ vs QBQV: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDNQQBQVDDNQQBQV
3 months−2.3%−2.8%+1.3 pts+0.7 pts
6 months−1.5%−2.3%−0.9 pts−1.7 pts
Since launchNot the same days: DDNQ Jan 2026 · QBQV Apr 2026+2.8%+3.5%−10.0 pts−14.9 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

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 QBQV AllianzIM Growth-100 Buffer5 ETF - Jan · Absorbs the first 5% of loss on QQQ and caps the gain at 7.6%, over a period ending Dec 31, 2026
Issuer Innovator AllianzIM
Reference index QQQ QQQ
Buffer 5% 5%
Outcome period Sep 30, 2026 to Dec 31, 2026 Oct 1, 2026 to Dec 31, 2026
Days left 57 57
Starting cap +5.7% +7.6%
Can still gain 8.6% 11.4%
Fall before buffer 0.0% 0.0%
Protection left, index points 0.0% of 5.0% 0.0% of 5.0%
Index return this period −6.5% −6.5%
Fund return this period −2.8% −3.6%
State today Buffer exhausted Buffer exhausted
Expense ratio 0.79% 0.74%
Net assets, DDNQ as of Nov 4, 2026 and QBQV as of Nov 3, 2026 $27m $52m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. QBQV 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.

Where each one stands today

DDNQ resets first, on Dec 31, 2026, 57 days from now; QBQV runs to Dec 31, 2026, 57 days. DDNQ can still gain 8.6% before its cap, QBQV 11.4%. A fall from here reaches DDNQ’s buffer after 0.0% and QBQV’s after 0.0%. Both track QQQ, 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 DDNQ or QBQV.

Alert

DDNQ flows, by email on Sundays.

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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.

QBQV

From its price on Nov 4, 2026, the fund can gain about 11.4% more before it reaches its cap.

Questions people ask

Which has more room to gain, DDNQ or QBQV?
From their prices on Nov 4, 2026, DDNQ can gain about 8.6% before its cap and QBQV about 11.4%, so QBQV has more room left this period.
Which resets first, DDNQ or QBQV?
DDNQ ends its outcome period on Dec 31, 2026 and QBQV on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, DDNQ or QBQV?
DDNQ charges 0.79% a year and QBQV charges 0.74%, so QBQV is cheaper. Fees come from each fund's prospectus.
Other comparisons
DDNQ vs PQJADDNQ vs QBUFDDNQ vs QBQFDDNQ vs NOCTQBQV vs PQOCQBQV vs DQSEQBQV vs QBUFQBQV vs NOCT
Where to next
QQQ →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →DDNQ on its own →QBQV on its own →Method →Standards and sources →
Sources and dates
DDNQ filings on SEC EDGAR ↗
Innovator page for DDNQ ↗
QBQV filings on SEC EDGAR ↗
AllianzIM page for QBQV ↗

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 QBQV, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddnq-vs-qbqv

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