BFXU vs XDSQ

BFXUDFT Vest Laddered U.S. Equity Uncapped Accelerator ETF

XDSQBInnovator U.S. Equity Accelerated ETF

In short

BFXU —No data

XDSQ Twice the upside of its S&P 500 reference fund up to a cap, with roughly the full downside. XDSQ runs that trade on a three-month clock, so the cap resets four times a year instead of once.

Stated mandate

BFXU —No data

XDSQ The fund seeks to deliver twice the upside performance of SPY, subject to a cap, while approximately matching SPY's downside over a quarterly outcome period.

Why people hold it

BFXU —No data

• XDSQ Doubles the reference ETF's move up to a cap and tracks its losses roughly one-for-one. Built from FLEX options on the S&P 500 ETF, not borrowed money or a daily reset.innovatoretfs.comsec.gov
• The outcome period runs three months, so a fresh cap is priced off current market conditions four times a year rather than being locked in for twelve.globenewswire.cominnovatoretfs.com
• Innovator's Accelerated line pioneered multiple-upside-to-a-cap with roughly single downside exposure, and XDSQ has run the quarterly version of it since 2021.globenewswire.com
• Costs 0.79% a year, the median for its accelerated-outcome peer group and under the 0.85% on FT Vest's enhance-and-buffer funds XMAR and XJUN.

Worth knowing

BFXU —No data

• XDSQ No buffer here. A fall in the S&P 500 ETF passes through roughly one-for-one, and the doubled upside stops at the cap.innovatoretfs.com
• The stated outcomes assume holding from the first day of a quarter's period to the last. Buy or sell mid-period and your effective cap and exposure differ.sec.gov
• The strategy is built on the reference ETF's price return, so S&P 500 dividends do not pass through to shareholders.sec.gov

Full BFXU profile⁠

Full XDSQ profile⁠