Data as of .
DDTY vs MAYW: which one stands where?
As of Sep 19, 2026 DDTY can fall 5.0% before its buffer engages and MAYW 4.2%.
These are two different products. MAYW is a floor fund, which caps how far a holder can fall. DDTY 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
DDTY resets first, on Apr 30, 2027, 224 days from now; MAYW runs to Apr 30, 2027, 224 days. DDTY can still gain 8.9% before its cap, MAYW 6.7%. A fall from here reaches DDTY’s buffer after 5.0% and MAYW’s after 4.2%. 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| DDTY | MAYW | DDTY | MAYW | |
| 3 months | +2.3% | +1.9% | +0.1 pts | −0.3 pts |
| 6 months | not published | +5.4% | not published | −12.7 pts |
| 1 year | not published | +7.6% | not published | −8.9 pts |
| 3 years | not published | +36.0% | not published | −42.4 pts |
| DDTY Innovator Equity Dual Directional 10 Buffer ETF - May Absorbs the first 10% of loss on SPY and caps the gain at 14.6%, over a period ending Apr 30, 2027 | MAYW AllianzIM U.S. Equity Buffer20 ETF - May Absorbs the first 20% of loss on SPY and caps the gain at 11.2%, over a period ending Apr 30, 2027 | |
|---|---|---|
| Issuer | Innovator | AllianzIM |
| Reference index | SPY | SPY |
| Buffer | 10% | 20% |
| Outcome period | Apr 30, 2026 to Apr 30, 2027 | May 1, 2026 to Apr 30, 2027 |
| Days left | 224 | 224 |
| Starting cap | +14.6% | +11.2% |
| Can still gain | 8.9% | 6.7% |
| Fall before buffer | 5.0% | 4.2% |
| Protection left, index points | 10.0% of 10.0% | 20.0% of 20.0% |
| Index return this period | +6.0% | +6.0% |
| Fund return this period | +4.9% | +3.6% |
| State today | Open | Open |
| Expense ratio | 0.79% | 0.74% |
| Net assets | $35m | $453m |
DDTY in plain words
From its price on Sep 19, 2026, the fund can gain about 8.9% more before it reaches its cap. The fund's price can fall 5.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.7% 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. 224 days remained on Sep 19, 2026. On Apr 30, 2027 the period ends and a new cap is set.
MAYW in plain words
From its price on Sep 19, 2026, the fund can gain about 6.7% more before it reaches its cap. The fund's price can fall 4.2% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level.
Questions people ask
- Which has more room to gain, DDTY or MAYW?
- From their prices on Sep 19, 2026, DDTY can gain about 8.9% before its cap and MAYW about 6.7%, so DDTY has more room left this period.
- Which resets first, DDTY or MAYW?
- DDTY ends its outcome period on Apr 30, 2027 and MAYW on Apr 30, 2027. A new cap is set the day after each.
- Which is cheaper, DDTY or MAYW?
- DDTY charges 0.79% a year and MAYW charges 0.74%, so MAYW 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.
Cite this page. ETFIQ, DDTY against MAYW, data as of Sep 19, 2026. https://etfiq.com/compare/buffer/ddty-vs-mayw Free to use with attribution; the underlying files are at Open data.