Data as of Nov 4, 2026.
DDTZ vs DMAY: Cap, Buffer & Days Left
As of Nov 4, 2026 DMAY can fall 8.7% before its buffer engages and DDTZ 3.1%, and DMAY resets 10 days sooner.
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Net assets: $33m on Nov 4, 2026 for Innovator Equity Dual Directional 10 Buffer ETF - Jun, and $390m on Nov 3, 2026 for FT Vest U.S. Equity Deep Buffer ETF - May.
DDTZ: reference +1.3% since period start, fund +2.9%; buffer 0 to −10; cap +15.4%; Between buffer and cap. Data to Nov 4, 2026.
DDTZ: reference +1.3% since period start, fund +2.9%; buffer 0 to −10; cap +15.4%; Between buffer and cap. Data to Nov 4, 2026.DMAY: reference +3.7% since period start, fund +3.1%; buffer −5 to −30; cap +13.6%; Between buffer and cap. Data to Nov 4, 2026.
DMAY: reference +3.7% since period start, fund +3.1%; buffer −5 to −30; cap +13.6%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
DDTZ costs 0.06 points a year less; DMAY is 12.2 times larger.
Points (pts) are percentage points.
| Measure | DDTZ | DMAY |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | +8.3% |
| Drawdown | ||
| Index fall to the buffer | 1.3% | 8.4% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.85% |
| Net assets, as of Nov 3, 2026 | $32m | $390m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | DDTZ | DMAY | DDTZ | DMAY |
| 3 months | +0.6% | +0.5% | +0.9 pts | +0.9 pts |
| 6 months | – | +3.2% | – | −1.3 pts |
| 1 year | – | +8.3% | – | −5.2 pts |
| 3 years | – | +40.5% | – | −35.9 pts |
| Since launchNot the same days: DDTZ Jun 2026 · DMAY May 2020 | +2.3% | +56.5% | +1.3 pts | −103.4 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. DMAY is a floor fund, which caps how far a holder can fall. DDTZ 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
DMAY resets first, on May 21, 2027, 198 days from now; DDTZ runs to May 31, 2027, 208 days. DDTZ can still gain 11.8% before its cap, DMAY 9.3%. A fall from here reaches DDTZ’s buffer after 3.1% and DMAY’s after 8.7%. Both track SPY, so what separates them is where each is in its own period.
DDTZ
From its price on Nov 4, 2026, the fund can gain about 11.8% more before it reaches its cap. The fund's price can fall 3.1% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.3% 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. 208 days remained on Nov 4, 2026. On May 31, 2027 the period ends and a new cap is set.
DMAY
From its price on Nov 4, 2026, the fund can gain about 9.3% more before it reaches its cap. The fund's price can fall 8.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 8.4% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 198 days remained on Nov 4, 2026. On May 21, 2027 the period ends and a new cap is set.
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.
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ETFIQ, DDTZ against DMAY, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ddtz-vs-dmay
ETFIQ. (Nov 4, 2026). DDTZ against DMAY. Retrieved from https://etfiq.com/compare/buffer/ddtz-vs-dmay
[DDTZ against DMAY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/ddtz-vs-dmay)
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