# Buffer ETFs already at their cap

> CBOY leads buffer ETFs already at their cap at +25.2 pts (past the cap by, current outcome period), as of Oct 21, 2026. A ranking is not a recommendation.

Data as of Oct 21, 2026. Rebuilt every trading night.

As of Oct 21, 2026 . Rebuilt every trading night.

## Buffer ETFs already at their cap

See 15 funds ranked by how far the index has run past the cap, current outcome period. Updated Oct 21, 2026. In index terms these funds have no further upside this period. They still hold their buffer, and they reset on the date shown.

| # | Ticker | Fund | Cap | Index return since period start | Past the cap by | Period ends |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | CBOY | Calamos Bitcoin Structured Alt Protection ETF - July | +9.8% | +35.0% | +25.2 pts | Jul 30, 2027 |
| 2 | TAPR | Innovator Equity Defined Protection ETF - Apr 2027 | +15.3% | +38.3% | +23.0 pts | Mar 31, 2027 |
| 3 | TJAN | Innovator Equity Defined Protection ETF - Jan 2027 | +15.9% | +32.0% | +16.1 pts | Dec 31, 2026 |
| 4 | BFJL | FT Vest Bitcoin Strategy Floor15 ETF - July | +27.8% | +43.7% | +15.8 pts | Jul 9, 2027 |
| 5 | CPNM | Calamos Nasdaq-100 Structured Alt Protection ETF - March | +6.6% | +19.3% | +12.7 pts | Feb 26, 2027 |
| 6 | MARM | FT Vest U.S. Equity Max Buffer ETF - March | +7.0% | +19.2% | +12.2 pts | Mar 19, 2027 |
| 7 | CBXY | Calamos Bitcoin 90 Series Structured Alt Protection ETF - July | +23.0% | +35.0% | +12.0 pts | Jul 30, 2027 |
| 8 | PMAP | PGIM S&P 500 Max Buffer ETF - April | +7.1% | +18.9% | +11.7 pts | Mar 31, 2027 |
| 9 | MMAX | iShares Large Cap Max Buffer Mar ETF | +6.5% | +18.2% | +11.7 pts | Mar 31, 2027 |
| 10 | ZAPR | Innovator Equity Defined Protection ETF - 1 Yr April | +7.3% | +18.9% | +11.7 pts | Mar 31, 2027 |
| 11 | TJUL | Innovator Equity Defined Protection ETF - Jul 2027 | +13.6% | +25.2% | +11.6 pts | Jun 30, 2027 |
| 12 | CPSP | Calamos S&P 500 Structured Alt Protection ETF - April | +6.7% | +18.0% | +11.3 pts | Mar 31, 2027 |
| 13 | CPNQ | Calamos Nasdaq-100 Structured Alt Protection ETF - December | +7.1% | +17.5% | +10.4 pts | Nov 30, 2026 |
| 14 | NOVM | FT Vest U.S. Equity Max Buffer ETF - November | +7.0% | +17.3% | +10.3 pts | Nov 20, 2026 |
| 15 | CBOA | Calamos Bitcoin Structured Alt Protection ETF - April | +9.4% | +18.2% | +8.8 pts | Apr 30, 2027 |

### Method

A fund is at its cap when the reference index return for the period is at or above the cap struck on the first day. The list sorts one published figure, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

### Where to next

### Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Buffer ETFs already at their cap, ranked by how far the index has run past the cap, data as of Oct 21, 2026. https://etfiq.com/rankings/buffer-at-their-cap
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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