Data as of Nov 4, 2026.

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Buffer ETFs

DDTG vs ZAUG: Cap, Buffer & Days Left

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As of Nov 4, 2026 DDTG can fall 3.0% before its buffer engages and ZAUG 1.5%.

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Net assets on Nov 4, 2026: $32m for Innovator Equity Dual Directional 10 Buffer ETF - Aug and $160m for Innovator Equity Defined Protection ETF - 1 Yr August.

At a glance
3.0%
DDTG can fall this far before its buffer
1.5%
ZAUG can fall this far before its buffer
12.4%
DDTG can still gain
6.7%
ZAUG can still gain
DDTG Between buffer and cap
Between buffer and capDDTG: reference +2.6% since period start, fund +2.9%; buffer 0 to −10; cap +15.8%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+13.2% more to the cap−10.0% floor0% period start+15.8% cap+2.6% gain capturedTODAY · SPY +2.6%Between buffer and capDDTG: reference +2.6% since period start, fund +2.9%; buffer 0 to −10; cap +15.8%; Between buffer and cap. Data to Nov 4, 2026.−10.0% floor0% start+15.8% cap10 pts of buffer+2.6% gain captured+13.2% more to the capTODAY · SPY +2.6%

DDTG: reference +2.6% since period start, fund +2.9%; buffer 0 to −10; cap +15.8%; Between buffer and cap. Data to Nov 4, 2026.

DDTG: reference +2.6% since period start, fund +2.9%; buffer 0 to −10; cap +15.8%; Between buffer and cap. Data to Nov 4, 2026.
ZAUG Full floor
Full floorZAUG: reference +2.6% since period start, fund +1.3%; buffer Floor; cap +8.4%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% period start+8.4% cap+2.6% gain captured+5.8% more to the capTODAY · SPY +2.6%Full floorZAUG: reference +2.6% since period start, fund +1.3%; buffer Floor; cap +8.4%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.4% cap+2.6% gain captured+5.8% more to the capTODAY · SPY +2.6%

ZAUG: reference +2.6% since period start, fund +1.3%; buffer Floor; cap +8.4%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

Both cost 0.79% a year; ZAUG is 5.0 times larger.

Points (pts) are percentage points.

DDTG vs ZAUG: Cap, Buffer & Days Left
MeasureDDTGZAUG
Return
Total return, 1 yearnot published+5.7%
Drawdown
Index fall to the buffer2.5%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.79%0.79%
Net assets$32m$160m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: DDTG vs ZAUG: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDDTGZAUGDDTGZAUG
3 months+1.0%+0.5%+1.4 pts+0.9 pts
6 months–+2.6%–−1.9 pts
1 year–+5.7%–−7.9 pts
Since launchNot the same days: DDTG Aug 2026 · ZAUG Aug 2024+1.7%+16.6%+0.5 pts−24.6 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

DDTG Innovator Equity Dual Directional 10 Buffer ETF - Aug · Absorbs the first 10% of loss on SPY and caps the gain at 15.8%, over a period ending Jul 31, 2027 ZAUG Innovator Equity Defined Protection ETF - 1 Yr August · Absorbs the whole loss on SPY and caps the gain at 8.4%, over a period ending Jul 31, 2027
Reference index SPY SPY
Buffer 10% 100%
Outcome period Jul 31, 2026 to Jul 31, 2027 Jul 31, 2026 to Jul 31, 2027
Days left 269 269
Starting cap +15.8% +8.4%
Can still gain 12.4% 6.7%
Fall before buffer 3.0% 1.5%
Protection left, index points 10.0% of 10.0% 100.0% of 100.0%
Index return this period +2.6% +2.6%
Fund return this period +2.9% +1.3%
State today Open Open
Expense ratio 0.79% 0.79%
Net assets $32m $160m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. ZAUG is a floor fund, which caps how far a holder can fall. DDTG is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Both are Innovator funds, so the difference between them is the terms rather than the house.

Where each one stands today

DDTG resets first, on Jul 31, 2027, 269 days from now; ZAUG runs to Jul 31, 2027, 269 days. DDTG can still gain 12.4% before its cap, ZAUG 6.7%. A fall from here reaches DDTG’s buffer after 3.0% and ZAUG’s after 1.5%. Both track SPY, so what separates them is where each is in its own period.

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About each fund
DDTG

From its price on Nov 4, 2026, the fund can gain about 12.4% more before it reaches its cap. The fund's price can fall 3.0% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 2.5% 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. 269 days remained on Nov 4, 2026. On Jul 31, 2027 the period ends and a new cap is set.

ZAUG

From its price on Nov 4, 2026, the fund can gain about 6.7% more before it reaches its cap. The fund's price can fall 1.5% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, DDTG or ZAUG?
From their prices on Nov 4, 2026, DDTG can gain about 12.4% before its cap and ZAUG about 6.7%, so DDTG has more room left this period.
Which resets first, DDTG or ZAUG?
DDTG ends its outcome period on Jul 31, 2027 and ZAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, DDTG or ZAUG?
DDTG and ZAUG both charge 0.79% a year, so neither 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.

Cite this pageCitation, APA and Markdown

ETFIQ, DDTG against ZAUG, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddtg-vs-zaug

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