Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

EALT vs PMOC: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 EALT can fall 5.6% before its buffer engages and PMOC 1.2%, and EALT resets 273 days sooner.

askIQ about this page

askIQ about EALT and PMOC

Net assets on Nov 4, 2026: $189m for Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly and $7.2m for PGIM S&P 500 Max Buffer ETF - October.

At a glance
5.6%
EALT can fall this far before its buffer
1.2%
PMOC can fall this far before its buffer
6.4%
EALT can still gain
7.5%
PMOC can still gain
EALT Between buffer and cap
Between buffer and capEALT: reference +0.5% since period start, fund +0.5%; buffer −5 to −15; cap +7.0%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer−15.0% floor−5.0% buffer start0% period start+7.0% capfirst 5 pts are yours to lose+0.5% gain captured+6.5% more to the capTODAY · SPY +0.5%Between buffer and capEALT: reference +0.5% since period start, fund +0.5%; buffer −5 to −15; cap +7.0%; Between buffer and cap. Data to Nov 4, 2026.−15.0% floor−5.0% buffer start0% start+7.0% cap10 pts of bufferfirst 5 pts are yours to lose+0.5% gain captured+6.5% more to the capTODAY · SPY +0.5%

EALT: reference +0.5% since period start, fund +0.5%; buffer −5 to −15; cap +7.0%; Between buffer and cap. Data to Nov 4, 2026.

EALT: reference +0.5% since period start, fund +0.5%; buffer −5 to −15; cap +7.0%; Between buffer and cap. Data to Nov 4, 2026.
PMOC Full floor
Full floorPMOC: reference +0.6% since period start, fund +0.7%; buffer Floor; cap +8.7%; Full floor. Data to Nov 4, 2026.full floor beneath+8.1% to capfull floor0% period start+8.7% cap+0.6% gain capturedTODAY · SPY +0.6%Full floorPMOC: reference +0.6% since period start, fund +0.7%; buffer Floor; cap +8.7%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.7% cap+0.6% gain captured+8.1% more to the capTODAY · SPY +0.6%

PMOC: reference +0.6% since period start, fund +0.7%; buffer Floor; cap +8.7%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PMOC costs 0.19 points a year less; their one-year returns differ by 1.4 points; EALT is far larger, $189m against $7.2m.

Points (pts) are percentage points.

EALT vs PMOC: Cap, Buffer & Days Left
MeasureEALTPMOC
Return
Total return, 1 year+5.0%+6.4%
Drawdown
Index fall to the buffer5.5%0.5%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.69%0.50%
Net assets$189m$7.2m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: EALT vs PMOC: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowEALTPMOCEALTPMOC
3 months0.0%+1.6%+0.4 pts+1.9 pts
6 months+3.9%+3.3%−0.6 pts−1.2 pts
1 year+5.0%+6.4%−8.6 pts−7.1 pts
3 years+40.9%–−35.5 pts–
Since launchNot the same days: EALT Oct 2023 · PMOC Oct 2025+43.3%+6.5%−36.1 pts−8.2 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

EALT Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly · Absorbs losses from 5.0% to 15.0% on SPY and caps the gain at 7.0%, over a period ending Dec 31, 2026 PMOC PGIM S&P 500 Max Buffer ETF - October · Absorbs the whole loss on SPY and caps the gain at 8.7%, over a period ending Sep 30, 2027
Reference index SPY SPY
Buffer 5% to 15% 100%
Outcome period Sep 30, 2026 to Dec 31, 2026 Oct 1, 2026 to Sep 30, 2027
Days left 57 330
Starting cap +7.0% +8.7%
Can still gain 6.4% 7.5%
Fall before buffer 5.6% 1.2%
Protection left, index points 10.0% of 10.0% 100.0% of 100.0%
Index return this period +0.5% +0.6%
Fund return this period +0.5% +0.7%
State today Open Open
Expense ratio 0.69% 0.50%
Net assets $189m $7.2m

As of Nov 4, 2026. Source: ETFIQ.

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

They do not reset together. EALT has 57 days of its period left and PMOC has 330, so the two are not the same bet on the same months.

Where each one stands today

EALT resets first, on Dec 31, 2026, 57 days from now; PMOC runs to Sep 30, 2027, 330 days. EALT can still gain 6.4% before its cap, PMOC 7.5%. A fall from here reaches EALT’s buffer after 5.6% and PMOC’s after 1.2%. Both track SPY, so what separates them is where each is in its own period.

Alert

EALT and PMOC flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
EALT

From its price on Nov 4, 2026, the fund can gain about 6.4% more before it reaches its cap. The fund's price can fall 5.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 5.5% 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. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.

PMOC

From its price on Nov 4, 2026, the fund can gain about 7.5% more before it reaches its cap. The fund's price can fall 1.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.5% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 330 days remained on Nov 4, 2026. On Sep 30, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, EALT or PMOC?
From their prices on Nov 4, 2026, EALT can gain about 6.4% before its cap and PMOC about 7.5%, so PMOC has more room left this period.
Which resets first, EALT or PMOC?
EALT ends its outcome period on Dec 31, 2026 and PMOC on Sep 30, 2027. A new cap is set the day after each.
Which is cheaper, EALT or PMOC?
EALT charges 0.69% a year and PMOC charges 0.50%, so PMOC is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
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, EALT against PMOC, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ealt-vs-pmoc

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.