Data as of Nov 4, 2026.
DDTM vs MRCP: Cap, Buffer & Days Left
As of Nov 4, 2026 MRCP can fall 8.6% before its buffer engages and DDTM 8.5%.
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Net assets on Nov 4, 2026: $13m for Innovator Equity Dual Directional 10 Buffer ETF - Mar and $35m for PGIM S&P 500 Buffer 12 ETF - March.
DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.
DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.MRCP: reference +11.8% since period start, fund +8.9%; buffer 0 to −12; cap +14.5%; Between buffer and cap. Data to Nov 4, 2026.
MRCP: reference +11.8% since period start, fund +8.9%; buffer 0 to −12; cap +14.5%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
MRCP costs 0.29 points a year less; MRCP is 2.7 times larger.
Points (pts) are percentage points.
| Measure | DDTM | MRCP |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | +13.3% |
| Drawdown | ||
| Index fall to the buffer | 10.5% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.50% |
| Net assets | $13m | $35m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | DDTM | MRCP | DDTM | MRCP |
| 3 months | +1.6% | +1.6% | +2.0 pts | +2.0 pts |
| 6 months | +4.8% | +4.8% | +0.3 pts | +0.3 pts |
| 1 year | – | +13.3% | – | −0.2 pts |
| Since launchNot the same days: DDTM Mar 2026 · MRCP Mar 2024 | +8.5% | +41.1% | −3.2 pts | −8.4 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
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. MRCP is a floor fund, which caps how far a holder can fall. DDTM 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
DDTM resets first, on Feb 28, 2027, 116 days from now; MRCP runs to Feb 28, 2027, 116 days. DDTM can still gain 4.1% before its cap, MRCP 4.7%. A fall from here reaches DDTM’s buffer after 8.5% and MRCP’s after 8.6%. Both track SPY, so what separates them is where each is in its own period.
DDTM
From its price on Nov 4, 2026, the fund can gain about 4.1% more before it reaches its cap. The fund's price can fall 8.5% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 10.5% 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. 116 days remained on Nov 4, 2026. On Feb 28, 2027 the period ends and a new cap is set.
MRCP
From its price on Nov 4, 2026, the fund can gain about 4.7% more before it reaches its cap. The fund's price can fall 8.6% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level.
Questions people ask
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, DDTM against MRCP, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddtm-vs-mrcp
ETFIQ. (Nov 4, 2026). DDTM against MRCP. Retrieved from https://etfiq.com/compare/buffer/ddtm-vs-mrcp
[DDTM against MRCP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/ddtm-vs-mrcp)
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