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Data as of Nov 4, 2026.

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Buffer ETFs

FHDG vs SIXD: Cap, Buffer & Days Left

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As of Nov 4, 2026 SIXD can fall 2.1% before its buffer engages and FHDG 1.1%, and FHDG resets 10 days sooner.

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Net assets on Nov 3, 2026: $70m for FT Vest U.S. Equity Quarterly Dynamic Buffer ETF and $385m for AllianzIM U.S. Equity Buffer10 ETF - Jun.

FHDG on its own →SIXD on its own →
At a glance
1.1%
FHDG can fall this far before its buffer
2.1%
SIXD can fall this far before its buffer
2.8%
FHDG can still gain
5.9%
SIXD can still gain
FHDG Between buffer and cap
Between buffer and capFHDG: reference +0.1% since period start, fund +0.9%; buffer 0 to −7; cap +3.9%; Between buffer and cap. Data to Nov 4, 2026.7.5 pts of buffer+3.8% to cap−7.5% floor0% period start+3.9% cap+0.1% gain capturedTODAY · SPY +0.1%Between buffer and capFHDG: reference +0.1% since period start, fund +0.9%; buffer 0 to −7; cap +3.9%; Between buffer and cap. Data to Nov 4, 2026.7.5 pts−7.5% floor0% start+3.9% cap+0.1% gain captured+3.8% more to the capTODAY · SPY +0.1%

FHDG: reference +0.1% since period start, fund +0.9%; buffer 0 to −7; cap +3.9%; Between buffer and cap. Data to Nov 4, 2026.

FHDG: reference +0.1% since period start, fund +0.9%; buffer 0 to −7; cap +3.9%; Between buffer and cap. Data to Nov 4, 2026.
SIXD Between buffer and cap
Between buffer and capSIXD: reference +1.4% since period start, fund +1.7%; buffer 0 to −10; cap +8.1%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+6.7% more to the cap−10.0% floor0% period start+8.1% cap+1.4% gain capturedTODAY · SPY +1.4%Between buffer and capSIXD: reference +1.4% since period start, fund +1.7%; buffer 0 to −10; cap +8.1%; Between buffer and cap. Data to Nov 4, 2026.10 pts−10.0% floor0% start+8.1% cap+1.4% gain captured+6.7% more to the capTODAY · SPY +1.4%

SIXD: reference +1.4% since period start, fund +1.7%; buffer 0 to −10; cap +8.1%; Between buffer and cap. Data to Nov 4, 2026.

SIXD: reference +1.4% since period start, fund +1.7%; buffer 0 to −10; cap +8.1%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

SIXD costs 0.11 points a year less; SIXD is 5.5 times larger.

Points (pts) are percentage points.

FHDG vs SIXD: Cap, Buffer & Days Left
MeasureFHDGSIXD
Return
Total return, 1 year+12.2%not published
Drawdown
Index fall to the buffer0.1%1.3%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.85%0.74%
Net assets, as of Nov 3, 2026$70m$385m
Holdings
Holdings in commonnot published
ETFIQ Downside Cover Score · SIXD scores higher If the market falls into a bear market from here, how much does the buffer absorb?
IQ Buffer Score10.4FHDG38.7SIXD

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it →

Method

Window by window

Window by window: FHDG vs SIXD: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowFHDGSIXDFHDGSIXD
3 months+0.9%+0.1%+1.3 pts+0.5 pts
6 months+4.6%+3.3%+0.1 pts−1.2 pts
1 year+12.2%–−1.4 pts–
Since launchNot the same days: FHDG Nov 2024 · SIXD Dec 2025+22.3%+8.6%−8.1 pts−3.4 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

FHDG FT Vest U.S. Equity Quarterly Dynamic Buffer ETF · Absorbs the first 8% of loss on SPY and caps the gain at 3.9%, over a period ending Nov 20, 2026 SIXD AllianzIM U.S. Equity Buffer10 ETF - Jun · Absorbs the first 10% of loss on SPY and caps the gain at 8.1%, over a period ending Nov 30, 2026
Issuer First Trust AllianzIM
Reference index SPY SPY
Buffer 8% 10%
Outcome period Aug 24, 2026 to Nov 20, 2026 Jun 1, 2026 to Nov 30, 2026
Days left 16 26
Starting cap +3.9% +8.1%
Can still gain 2.8% 5.9%
Fall before buffer 1.1% 2.1%
Protection left, index points 7.5% of 7.5% 10.0% of 10.0%
Index return this period +0.1% +1.4%
Fund return this period +0.9% +1.7%
State today Open Open
Expense ratio 0.85% 0.74%
Net assets, as of Nov 3, 2026 $70m $385m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

FHDG resets first, on Nov 20, 2026, 16 days from now; SIXD runs to Nov 30, 2026, 26 days. FHDG can still gain 2.8% before its cap, SIXD 5.9%. A fall from here reaches FHDG’s buffer after 1.1% and SIXD’s after 2.1%. Both track SPY, so what separates them is where each is in its own period.

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About each fund
FHDG

From its price on Nov 4, 2026, the fund can gain about 2.8% more before it reaches its cap. The fund's price can fall 1.1% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.1% from today's level to the point where the buffer begins. Protection left, in index points: 7.5% of the 7.5% buffer still sits below today's SPY level. 16 days remained on Nov 4, 2026. On Nov 20, 2026 the period ends and a new cap is set.

SIXD

From its price on Nov 4, 2026, the fund can gain about 5.9% more before it reaches its cap. The fund's price can fall 2.1% 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. 26 days remained on Nov 4, 2026. On Nov 30, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, FHDG or SIXD?
From their prices on Nov 4, 2026, FHDG can gain about 2.8% before its cap and SIXD about 5.9%, so SIXD has more room left this period.
Which resets first, FHDG or SIXD?
FHDG ends its outcome period on Nov 20, 2026 and SIXD on Nov 30, 2026. A new cap is set the day after each.
Which is cheaper, FHDG or SIXD?
FHDG charges 0.85% a year and SIXD charges 0.74%, so SIXD is cheaper. Fees come from each fund's prospectus.
Other comparisons
FHDG vs PDECFHDG vs CPSDFHDG vs PMDEFHDG vs GNOVSIXD vs DDFDSIXD vs CPSDSIXD vs PBDESIXD vs CPSN
Where to next
State Street® SPDR® S&P 500® ETF Trust →FHDG on its own →SIXD on its own →Method →Standards and sources →
Sources and dates
FHDG filings on SEC EDGAR ↗
First Trust page for FHDG ↗
SIXD filings on SEC EDGAR ↗
AllianzIM page for SIXD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

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, FHDG against SIXD, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/fhdg-vs-sixd

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