Data as of Nov 4, 2026.

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Buffer ETFs

DDTD vs DECP: Cap, Buffer & Days Left

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As of Nov 4, 2026 DECP can fall 10.6% before its buffer engages and DDTD 10.4%.

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Net assets on Nov 4, 2026: $18m for Innovator Equity Dual Directional 10 Buffer ETF - Dec and $39m for PGIM S&P 500 Buffer 12 ETF - December.

At a glance
10.4%
DDTD can fall this far before its buffer
10.6%
DECP can fall this far before its buffer
1.9%
DDTD can still gain
2.8%
DECP can still gain
DDTD Between buffer and cap
Between buffer and capDDTD: reference +12.2% since period start, fund +10.7%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+12.2% gain captured−10.0% floor0% period start+13.7% cap+1.5% more to the capTODAY · SPY +12.2%Between buffer and capDDTD: reference +12.2% since period start, fund +10.7%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.10 pts+12.2%−10.0% floor0% start+13.7% cap+1.5% more to the capTODAY · SPY +12.2%

DDTD: reference +12.2% since period start, fund +10.7%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.

DDTD: reference +12.2% since period start, fund +10.7%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.
DECP Between buffer and cap
Between buffer and capDECP: reference +12.2% since period start, fund +11.3%; buffer 0 to −12; cap +14.8%; Between buffer and cap. Data to Nov 4, 2026.12 pts of buffer+12.2% gain captured−12.0% floor0% period start+14.8% cap+2.6% more to the capTODAY · SPY +12.2%Between buffer and capDECP: reference +12.2% since period start, fund +11.3%; buffer 0 to −12; cap +14.8%; Between buffer and cap. Data to Nov 4, 2026.12 pts+12.2%−12.0% floor0% start+14.8% cap+2.6% more to the capTODAY · SPY +12.2%

DECP: reference +12.2% since period start, fund +11.3%; buffer 0 to −12; cap +14.8%; Between buffer and cap. Data to Nov 4, 2026.

DECP: reference +12.2% since period start, fund +11.3%; buffer 0 to −12; cap +14.8%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

DECP costs 0.29 points a year less; DECP is 2.2 times larger.

Points (pts) are percentage points.

DDTD vs DECP: Cap, Buffer & Days Left
MeasureDDTDDECP
Return
Total return, 1 yearnot published+13.5%
Drawdown
Index fall to the buffer10.8%10.9%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.50%
Net assets$18m$39m
Holdings
Holdings in commonnot published

Method

Risk and return

Dec 12, 2025 to Oct 30, 2026 · 46 weekly returns
DDTD DECP
Return
Total return edge DECP (slight) +9.3% +9.9%
Price return edge DECP (slight) +9.3% +9.9%
Risk
Max drawdown edge DDTD (slight) −4.9% −5.4%
Reading

From Dec 2025 to Oct 2026, DECP returned slightly more: +9.9% to +9.3%. DDTD fell slightly less at its worst: −4.9% to −5.4%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: DDTD vs DECP: Cap, Buffer & Days Left
MeasureDDTDDECPEdgeHow it is measured
Return
Total return+9.3%+9.9%DECP (slight)Price change plus distributions, reinvested.
Price return+9.3%+9.9%DECP (slight)Price change alone, distributions left out.
Risk
Max drawdown−4.9%−5.4%DDTD (slight)Deepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 46 weekly returns. Cash rate: the 13-week Treasury bill.

Window by window

Window by window: DDTD vs DECP: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDTDDECPDDTDDECP
3 months+1.5%+1.7%+1.9 pts+2.0 pts
6 months+4.9%+5.3%+0.4 pts+0.8 pts
1 year–+13.5%–−0.1 pts
Since launchNot the same days: DDTD Dec 2025 · DECP May 2024+10.6%+34.3%−2.1 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

DDTD Innovator Equity Dual Directional 10 Buffer ETF - Dec · Absorbs the first 10% of loss on SPY and caps the gain at 13.7%, over a period ending Nov 30, 2026 DECP PGIM S&P 500 Buffer 12 ETF - December · Absorbs the first 12% of loss on SPY and caps the gain at 14.8%, over a period ending Nov 30, 2026
Reference index SPY SPY
Buffer 10% 12%
Outcome period Nov 30, 2025 to Nov 30, 2026 Dec 1, 2025 to Nov 30, 2026
Days left 26 26
Starting cap +13.7% +14.8%
Can still gain 1.9% 2.8%
Fall before buffer 10.4% 10.6%
Protection left, index points 10.0% of 10.0% 12.0% of 12.0%
Index return this period +12.2% +12.2%
Fund return this period +10.7% +11.3%
State today Open Open
Expense ratio 0.79% 0.50%
Net assets $18m $39m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. DECP is a floor fund, which caps how far a holder can fall. DDTD 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

DDTD resets first, on Nov 30, 2026, 26 days from now; DECP runs to Nov 30, 2026, 26 days. DDTD can still gain 1.9% before its cap, DECP 2.8%. A fall from here reaches DDTD’s buffer after 10.4% and DECP’s after 10.6%. Both track SPY, 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 DDTD.

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About each fund
DDTD

From its price on Nov 4, 2026, the fund can gain about 1.9% more before it reaches its cap. The fund's price can fall 10.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 10.8% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 26 days remained on Nov 4, 2026. On Nov 30, 2026 the period ends and a new cap is set.

DECP

From its price on Nov 4, 2026, the fund can gain about 2.8% more before it reaches its cap. The fund's price can fall 10.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 10.9% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, DDTD or DECP?
From their prices on Nov 4, 2026, DDTD can gain about 1.9% before its cap and DECP about 2.8%, so DECP has more room left this period.
Which resets first, DDTD or DECP?
DDTD ends its outcome period on Nov 30, 2026 and DECP on Nov 30, 2026. A new cap is set the day after each.
Which is cheaper, DDTD or DECP?
DDTD charges 0.79% a year and DECP charges 0.50%, so DECP is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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.

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ETFIQ, DDTD against DECP, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddtd-vs-decp

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