Data as of Nov 4, 2026.

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Buffer ETFs

DDNQ vs QSPT: Cap, Buffer & Days Left

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As of Nov 4, 2026 DDNQ can fall 0.0% before its buffer engages and QSPT 0.0%, and DDNQ resets 260 days sooner.

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Net assets: $27m on Nov 4, 2026 for Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly, and $710m on Nov 3, 2026 for FT Vest Nasdaq-100 Buffer ETF - September.

At a glance
0.0%
DDNQ can fall this far before its buffer
0.0%
QSPT can fall this far before its buffer
8.6%
DDNQ can still gain
23.7%
QSPT 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.
QSPT Buffer working
Buffer workingQSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.5.9 pts+21.9% more to the cap−10.0% floor0% period start+21.9% capTODAY · QQQ −4.1%Buffer workingQSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.+21.9% to cap−10.0% floor0% start+21.9% cap5.9 of 10 pts of buffer leftTODAY · QQQ −4.1%

QSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.

QSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.

Pair scorecard

DDNQ costs 0.11 points a year less; QSPT is far larger, $710m against $26m.

Points (pts) are percentage points.

DDNQ vs QSPT: Cap, Buffer & Days Left
MeasureDDNQQSPT
Return
Total return, 1 yearnot published+12.2%
Benchmark
What it tracksQQQQQQ
Cost and size
Expense ratio0.79%0.90%
Net assets, as of Nov 3, 2026$26m$710m
Holdings
Holdings in commonnot published

Method

Risk and return

Jan 9, 2026 to Oct 30, 2026 · 42 weekly returns
DDNQ QSPT
Return
Total return edge QSPT +1.2% +9.5%
Price return edge QSPT +1.2% +9.5%
Risk
Max drawdown edge DDNQ −4.5% −6.3%
Reading

From Jan 2026 to Oct 2026, QSPT returned more: +9.5% to +1.2%. DDNQ fell less at its worst: −4.5% to −6.3%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: DDNQ vs QSPT: Cap, Buffer & Days Left
MeasureDDNQQSPTEdgeHow it is measured
Return
Total return+1.2%+9.5%QSPTPrice change plus distributions, reinvested.
Price return+1.2%+9.5%QSPTPrice change alone, distributions left out.
Risk
Max drawdown−4.5%−6.3%DDNQDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 42 weekly returns. Cash rate: the 13-week Treasury bill.

Window by window

Window by window: DDNQ vs QSPT: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDNQQSPTDDNQQSPT
3 months−2.3%−0.1%+1.3 pts+3.4 pts
6 months−1.5%+3.4%−0.9 pts+3.9 pts
1 year–+12.2%–+0.4 pts
3 years–+58.4%–−29.8 pts
Since launchNot the same days: DDNQ Jan 2026 · QSPT Sep 2021+2.8%+75.7%−10.0 pts−13.5 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 QSPT FT Vest Nasdaq-100 Buffer ETF - September · Absorbs the first 10% of loss on QQQ and caps the gain at 21.9%, over a period ending Sep 17, 2027
Reference index QQQ QQQ
Buffer 5% 10%
Outcome period Sep 30, 2026 to Dec 31, 2026 Sep 21, 2026 to Sep 17, 2027
Days left 57 317
Starting cap +5.7% +21.9%
Can still gain 8.6% 23.7%
Fall before buffer 0.0% 0.0%
Protection left, index points 0.0% of 5.0% 5.9% of 10.0%
Index return this period −6.5% −4.1%
Fund return this period −2.8% −2.2%
State today Buffer exhausted Buffer working
Expense ratio 0.79% 0.90%
Net assets, DDNQ as of Nov 4, 2026 and QSPT as of Nov 3, 2026 $27m $710m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. QSPT 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 QSPT has 317, 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; QSPT runs to Sep 17, 2027, 317 days. DDNQ can still gain 8.6% before its cap, QSPT 23.7%. A fall from here reaches DDNQ’s buffer after 0.0% and QSPT’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.

Alert

DDNQ and QSPT 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.

QSPT

From its price on Nov 4, 2026, the fund can gain about 23.7% more before it reaches its cap. Protection left, in index points: 5.9% of the 10.0% buffer still sits below today's QQQ level. 317 days remained on Nov 4, 2026. On Sep 17, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, DDNQ or QSPT?
From their prices on Nov 4, 2026, DDNQ can gain about 8.6% before its cap and QSPT about 23.7%, so QSPT has more room left this period.
Which resets first, DDNQ or QSPT?
DDNQ ends its outcome period on Dec 31, 2026 and QSPT on Sep 17, 2027. A new cap is set the day after each.
Which is cheaper, DDNQ or QSPT?
DDNQ charges 0.79% a year and QSPT charges 0.90%, so DDNQ 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 QSPT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddnq-vs-qspt

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