Data as of Nov 4, 2026.

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Buffer ETFs

GNOV vs SIXD: Cap, Buffer & Days Left

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As of Nov 4, 2026 GNOV can fall 11.3% before its buffer engages and SIXD 2.1%, and GNOV resets 10 days sooner.

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Net assets on Nov 3, 2026: $296m for FT Vest U.S. Equity Moderate Buffer ETF - November and $385m for AllianzIM U.S. Equity Buffer10 ETF - Jun.

At a glance
11.3%
GNOV can fall this far before its buffer
2.1%
SIXD can fall this far before its buffer
0.5%
GNOV can still gain
5.9%
SIXD can still gain
GNOV At its cap
At its capGNOV: reference +16.3% since period start, fund +11.8%; buffer 0 to −15; cap +13.3%; At its cap. Data to Nov 4, 2026.15 pts of buffer+13.3% gain captured−15.0% floor0% period start+13.3% capTODAY · SPY +16.3%At its capGNOV: reference +16.3% since period start, fund +11.8%; buffer 0 to −15; cap +13.3%; At its cap. Data to Nov 4, 2026.15 pts+13.3%−15.0% floor0% start+13.3% capTODAY · SPY +16.3%

GNOV: reference +16.3% since period start, fund +11.8%; buffer 0 to −15; cap +13.3%; At its cap. Data to Nov 4, 2026.

GNOV: reference +16.3% since period start, fund +11.8%; buffer 0 to −15; cap +13.3%; At its 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% to 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 1.3 times larger.

Points (pts) are percentage points.

GNOV vs SIXD: Cap, Buffer & Days Left
MeasureGNOVSIXD
Return
Total return, 1 year+12.7%not published
Drawdown
Index fall to the buffer14.0%1.3%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.85%0.74%
Net assets, as of Nov 3, 2026$296m$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 Score15.9GNOV38.7SIXD

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: GNOV vs SIXD: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowGNOVSIXDGNOVSIXD
3 months+2.1%+0.1%+2.5 pts+0.5 pts
6 months+5.1%+3.3%+0.6 pts−1.2 pts
1 year+12.7%–−0.9 pts–
Since launchNot the same days: GNOV Nov 2023 · SIXD Dec 2025+40.6%+8.6%−28.2 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

GNOV FT Vest U.S. Equity Moderate Buffer ETF - November · Absorbs the first 15% of loss on SPY and caps the gain at 13.3%, 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
Reference index SPY SPY
Buffer 15% 10%
Outcome period Nov 24, 2025 to Nov 20, 2026 Jun 1, 2026 to Nov 30, 2026
Days left 16 26
Starting cap +13.3% +8.1%
Can still gain 0.5% 5.9%
Fall before buffer 11.3% 2.1%
Protection left, index points 15.0% of 15.0% 10.0% of 10.0%
Index return this period +16.3% +1.4%
Fund return this period +11.8% +1.7%
State today At cap Open
Expense ratio 0.85% 0.74%
Net assets, as of Nov 3, 2026 $296m $385m

As of Nov 4, 2026. Source: ETFIQ.

GNOV is already at its cap, so more rise in the index adds nothing to it before the period ends.

Where each one stands today

GNOV resets first, on Nov 20, 2026, 16 days from now; SIXD runs to Nov 30, 2026, 26 days. GNOV can still gain 0.5% before its cap, SIXD 5.9%. A fall from here reaches GNOV’s buffer after 11.3% 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
GNOV

SPY had already risen past this fund's cap of +13.3% for the period on Nov 4, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 0.5% as the period runs out. The fund's price can fall 11.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 14.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% 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, GNOV or SIXD?
From their prices on Nov 4, 2026, GNOV can gain about 0.5% before its cap and SIXD about 5.9%, so SIXD has more room left this period.
Which resets first, GNOV or SIXD?
GNOV 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, GNOV or SIXD?
GNOV charges 0.85% a year and SIXD charges 0.74%, so SIXD is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Sources and dates

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.

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

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