IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

DDSQ vs OCTT: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 OCTT can fall 1.4% before its buffer engages and DDSQ 0.9%, and DDSQ resets 273 days sooner.

askIQ about this page

askIQ about DDSQ and OCTT

Net assets: $114m on Nov 4, 2026 for Innovator Equity Dual Directional 5 Buffer ETF - Quarterly, and $121m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Oct.

DDSQ on its own →OCTT on its own →
At a glance
0.9%
DDSQ can fall this far before its buffer
1.4%
OCTT can fall this far before its buffer
2.6%
DDSQ can still gain
16.5%
OCTT can still gain
DDSQ Between buffer and cap
Between buffer and capDDSQ: reference +0.5% since period start, fund +0.8%; buffer 0 to −5; cap +3.5%; Between buffer and cap. Data to Nov 4, 2026.5 pts−5.0% floor0% period start+3.5% cap+0.5% gain captured+3% more to the capTODAY · SPY +0.5%Between buffer and capDDSQ: reference +0.5% since period start, fund +0.8%; buffer 0 to −5; cap +3.5%; Between buffer and cap. Data to Nov 4, 2026.−5.0% floor0% start+3.5% cap5 pts of buffer+0.5% gain captured+3% more to the capTODAY · SPY +0.5%

DDSQ: reference +0.5% since period start, fund +0.8%; buffer 0 to −5; cap +3.5%; Between buffer and cap. Data to Nov 4, 2026.

DDSQ: reference +0.5% since period start, fund +0.8%; buffer 0 to −5; cap +3.5%; Between buffer and cap. Data to Nov 4, 2026.
OCTT Between buffer and cap
Between buffer and capOCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+17.5% more to the cap−10.0% floor0% period start+18.0% cap+0.5% gain capturedTODAY · SPY +0.5%Between buffer and capOCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.10 pts+17.5% to cap−10.0% floor0% start+18.0% cap+0.5% gain capturedTODAY · SPY +0.5%

OCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.

OCTT: reference +0.5% since period start, fund +0.7%; buffer 0 to −10; cap +18.0%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

OCTT costs 0.05 points a year less; OCTT is 1.1 times larger.

Points (pts) are percentage points.

DDSQ vs OCTT: Cap, Buffer & Days Left
MeasureDDSQOCTT
Return
Total return, 1 yearnot published+13.7%
Drawdown
Index fall to the buffer0.5%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.74%
Net assets, as of Nov 3, 2026$113m$121m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: DDSQ vs OCTT: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDSQOCTTDDSQOCTT
3 months+1.0%+2.4%+1.4 pts+2.8 pts
6 months+4.0%+6.4%−0.5 pts+1.9 pts
1 year–+13.7%–+0.2 pts
3 years–+51.9%–−24.5 pts
Since launchNot the same days: DDSQ Jan 2026 · OCTT Oct 2020+12.9%+95.0%+0.7 pts−32.5 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

DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly · Absorbs the first 5% of loss on SPY and caps the gain at 3.5%, over a period ending Dec 31, 2026 OCTT AllianzIM U.S. Equity Buffer10 ETF - Oct · Absorbs the first 10% of loss on SPY and caps the gain at 18.0%, over a period ending Sep 30, 2027
Issuer Innovator AllianzIM
Reference index SPY SPY
Buffer 5% 10%
Outcome period Sep 30, 2026 to Dec 31, 2026 Oct 1, 2026 to Sep 30, 2027
Days left 57 330
Starting cap +3.5% +18.0%
Can still gain 2.6% 16.5%
Fall before buffer 0.9% 1.4%
Protection left, index points 5.0% of 5.0% 10.0% of 10.0%
Index return this period +0.5% +0.5%
Fund return this period +0.8% +0.7%
State today Open Open
Expense ratio 0.79% 0.74%
Net assets, DDSQ as of Nov 4, 2026 and OCTT as of Nov 3, 2026 $114m $121m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. OCTT is a floor fund, which caps how far a holder can fall. DDSQ 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. DDSQ has 57 days of its period left and OCTT has 330, so the two are not the same bet on the same months.

Where each one stands today

DDSQ resets first, on Dec 31, 2026, 57 days from now; OCTT runs to Sep 30, 2027, 330 days. DDSQ can still gain 2.6% before its cap, OCTT 16.5%. A fall from here reaches DDSQ’s buffer after 0.9% and OCTT’s after 1.4%. Both track SPY, so what separates them is where each is in its own period.

Alert

DDSQ flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
DDSQ

From its price on Nov 4, 2026, the fund can gain about 2.6% more before it reaches its cap. The fund's price can fall 0.9% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.5% from today's level to the point where the buffer begins. Protection left, in index points: 5.0% of the 5.0% buffer still sits below today's SPY level. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.

OCTT

From its price on Nov 4, 2026, the fund can gain about 16.5% more before it reaches its cap. The fund's price can fall 1.4% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY 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, DDSQ or OCTT?
From their prices on Nov 4, 2026, DDSQ can gain about 2.6% before its cap and OCTT about 16.5%, so OCTT has more room left this period.
Which resets first, DDSQ or OCTT?
DDSQ ends its outcome period on Dec 31, 2026 and OCTT on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, DDSQ or OCTT?
DDSQ charges 0.79% a year and OCTT charges 0.74%, so OCTT is cheaper. Fees come from each fund's prospectus.
Other comparisons
DDSQ vs SIXODDSQ vs XSEPDDSQ vs JANUDDSQ vs EALTOCTT vs PMOCOCTT vs SIXOOCTT vs XSEPOCTT vs EALT
Where to next
SPY →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →DDSQ on its own →OCTT on its own →Method →Standards and sources →
Sources and dates
DDSQ filings on SEC EDGAR ↗
Innovator page for DDSQ ↗
OCTT filings on SEC EDGAR ↗
AllianzIM page for OCTT ↗

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, DDSQ against OCTT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddsq-vs-octt

Open data →

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