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ZDEK · Innovator Equity Defined Protection ETF - 1 Yr December

Innovator · Buffer desk

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SPY had already risen past this fund's cap of +6.8% for the period on Sep 4, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 1.6% as the period runs out. The fund's price can fall 4.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 11.3% 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. 87 days remained on Sep 4, 2026. On Nov 30, 2026 the period ends and a new cap is set.

ZDEK (Innovator Equity Defined Protection ETF - 1 Yr December), buffer desk fields as of Sep 4, 2026. Source: ETFIQ.
Reference indexSPY
Buffer
Outcome periodNov 30, 2025 to Nov 30, 2026
Starting cap+6.8%
SPY return since period start+12.7%
Fund return since period start+4.5%
Band state today (ETFIQ)At cap
Can still gain (issuer, fund price)1.6%
Fall before buffer (issuer, fund price)4.9%
Fall to the buffer in index terms (ETFIQ)11.3%
Protection left in index points (ETFIQ)100.0% of 100.0%
Days left in period87
Expense ratio0.79%

Questions people ask

How much can ZDEK still gain?
Nothing more in index terms on Sep 4, 2026. SPY has already passed the cap of +6.8% for this period, which runs from Nov 30, 2025 to Nov 30, 2026.
How far can ZDEK fall before the buffer helps?
4.9% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms SPY can fall 11.3% from that level before the buffer begins. Losses until that point are the holder's.
How much of the ZDEK buffer is left?
100.0% of the 100.0% buffer sat below the SPY level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does ZDEK reset?
The outcome period ends on Nov 30, 2026, 87 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.
What does ZDEK cost?
The prospectus expense ratio is 0.79% a year.

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.

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ZDEK outcome band, ETFIQ

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<p><a href="https://etfiq.com/funds/ZDEK.html">ZDEK outcome band, updated daily by ETFIQ</a></p>

Cite this page. ETFIQ, ZDEK on the buffer desk, data as of Sep 4, 2026. https://etfiq.com/funds/ZDEK.html Free to use with attribution; the underlying files are at Open data.

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