Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

DDTN vs FOCT: which one stands where?

As of Sep 19, 2026 FOCT can fall 11.9% before its buffer engages and DDTN 10.1%, and FOCT resets 15 days sooner.

Innovator Equity Dual Directional 10 Buffer ETF - Nov and FT Vest U.S. Equity Buffer ETF - October.

10.1%DDTN can fall this far before its buffer
11.9%FOCT can fall this far before its buffer
2.5%DDTN can still gain
1.5%FOCT can still gain
DDTNBetween buffer and cap
10 pts of buffer+11.7% gain captured−10.0% floor0% period start+13.8% capTODAY · SPY +11.7%10 pts+11.7% gained−10.0% floor0% start+13.8% capTODAY · SPY +11.7%
FOCTBetween buffer and cap
10 pts of buffer+14.7% gain captured−10.0% floor0% period start+15.1% capTODAY · SPY +14.7%10 pts+14.7% gained−10.0% floor0% start+15.1% capTODAY · SPY +14.7%

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

FOCT resets first, on Oct 16, 2026, 28 days from now; DDTN runs to Oct 31, 2026, 43 days. DDTN can still gain 2.5% before its cap, FOCT 1.5%. A fall from here reaches DDTN’s buffer after 10.1% and FOCT’s after 11.9%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

DDTN and FOCT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
DDTNFOCTDDTNFOCT
3 months+2.4%+3.2%+0.2 pts+0.9 pts
6 months+11.8%+13.5%−6.2 pts−4.6 pts
1 yearnot published+14.1%not published−2.4 pts
3 yearsnot published+42.6%not published−35.8 pts
Open the live comparison on ETFIQ
DDTN and FOCT on the same fields, as of Sep 19, 2026. Source: ETFIQ.
DDTN
Innovator Equity Dual Directional 10 Buffer ETF - Nov
Absorbs the first 10% of loss on SPY and caps the gain at 13.8%, over a period ending Oct 31, 2026
FOCT
FT Vest U.S. Equity Buffer ETF - October
Absorbs the first 10% of loss on SPY and caps the gain at 15.1%, over a period ending Oct 16, 2026
IssuerInnovatorFirst Trust
Reference indexSPYSPY
Buffer10%10%
Outcome periodOct 31, 2025 to Oct 31, 2026Oct 20, 2025 to Oct 16, 2026
Days left4328
Starting cap+13.8%+15.1%
Can still gain2.5%1.5%
Fall before buffer10.1%11.9%
Protection left, index points10.0% of 10.0%10.0% of 10.0%
Index return this period+11.7%+14.7%
Fund return this period+10.4%+12.6%
State todayOpenOpen
Expense ratio0.79%0.85%
Net assets$35m$1.2bn

DDTN in plain words

From its price on Sep 19, 2026, the fund can gain about 2.5% more before it reaches its cap. The fund's price can fall 10.1% from here before the buffer starts absorbing losses, by the issuer's figure. 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. 43 days remained on Sep 19, 2026. On Oct 31, 2026 the period ends and a new cap is set.

FOCT in plain words

From its price on Sep 19, 2026, the fund can gain about 1.5% more before it reaches its cap. The fund's price can fall 11.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 12.8% from today's level to the point where the buffer begins. 28 days remained on Sep 19, 2026. On Oct 16, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, DDTN or FOCT?
From their prices on Sep 19, 2026, DDTN can gain about 2.5% before its cap and FOCT about 1.5%, so DDTN has more room left this period.
Which resets first, DDTN or FOCT?
DDTN ends its outcome period on Oct 31, 2026 and FOCT on Oct 16, 2026. A new cap is set the day after each.
Which is cheaper, DDTN or FOCT?
DDTN charges 0.79% a year and FOCT charges 0.85%, so DDTN is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DDTN against FOCT, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DDTN against FOCT, data as of Sep 19, 2026. https://etfiq.com/compare/buffer/ddtn-vs-foct Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources