# Buffer ETFs: Reset Day and Buying Mid-Period

> As of Oct 22, 2026, 28 buffer ETFs reach the end of their outcome period in the next 30 days, the first on Oct 30, 2026. Not advice.

Data as of Oct 22, 2026. Rebuilt every trading night.

Figures as of Oct 22, 2026.

## Buffer ETFs: reset day and buying mid-period

As of Oct 22, 2026, 28 buffer ETFs reach the end of their outcome period in the next 30 days, the first on Oct 30, 2026.

A buffer ETF uses options to limit losses over a set outcome period, often one year.

In exchange, it caps gains.

Both terms are set on reset day, the first day of the period.

### Reset day

The fund replaces its expiring options with a new set.

The buffer size is usually fixed by the fund’s design. The cap depends on option prices that day.

### Buying mid-period

The stated buffer and cap apply in full only from the start of the period to its end.

A buyer mid-period starts from today’s price, not reset day’s.

If the market has risen, less room is left under the cap, and losses can start before the buffer.

BALT has 70 days left in its period. From its Oct 22, 2026 price, it can gain 2.2% more before its cap, and fall 0.3% before its buffer.

### Selling mid-period

A seller mid-period receives the market price, not the outcome at the period’s end.

### Trading costs

300 buffer ETFs had a median 30-day spread of 0.21% to Oct 22, 2026.

The fair limit is midpoint + X¢ to buy, midpoint − X¢ to sell.

X is half the fund’s typical spread in cents, rounded up, and never less than 1¢.

Live · 28 periods ending · Oct 22, 2026

28

Buffer ETFs whose outcome period ends in the 30 days after Oct 22, 2026.

Periods ending in the next 30 days 28 First period end, Oct 30, 2026 2 funds BALT can gain before its cap 2.2% BALT can fall before its buffer 0.3% Buffer ETFs’ median 30-day spread 0.21% Issuer terms and prices to Oct 22, 2026; issuer spreads to Oct 22, 2026 · ETFIQ

### Related funds

### Related rankings

### Questions people ask

What is a buffer ETF? A fund that uses options to limit losses over a set period, in exchange for a cap on gains. How does a buffered ETF work? It holds options set on reset day. They absorb a stated loss and limit gains to the cap, over the full period. What is a laddered buffer ETF? A fund that holds several buffer ETFs with different reset months.

### Where to next

A guide to trading conditions, not advice. ETFIQ makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Buffer ETFs: reset day and buying mid-period, data as of Oct 22, 2026. https://etfiq.com/trading/buffer-resets/
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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