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DGJL vs XBAP

FT Vest U.S. Equity Buffer & Digital Return ETF - July

DGJLDCboe

Innovator U.S. Equity Accelerated 9 Buffer ETF

XBAPBCboe

Overlap

0.0%by weight

Expense ratio

XBAP −0.06pt a year

DGJL0.85%XBAP0.79%

Avg volume · 30D

XBAP 2.7×the volume

DGJL2.14KXBAP5.79K

DGJL vs XBAP Performance

Jul 31, 2026 – Oct 30, 2026

+1.9%DGJL+2.0%XBAP

Jul 31, 2026 to Oct 30, 2026. DGJL +1.9%. XBAP +2.0%. Use the arrow keys to read each point.0%0.5%1%2.5%Jul 2026Sep 2026Oct 2026
Expense ratio
DGJL 0.85%
XBAP 0.79%, better
Fund size
DGJL $5M
XBAP $128M
1Y total return
DGJL No data
XBAP +13.2%
Holdings
DGJL 4
XBAP 6
Avg volume (30D)
DGJL 2.14K sh
XBAP 5.79K sh, better
NAV per share
DGJL $30.50
XBAP $42.99
52W range

ETF.net Grade

DGJL: Cost 13, Risk 79, Mission not scored, Tradability 43, Holdings not scored, Durability 29. XBAP: Cost 59, Risk 82, Mission not scored, Tradability 51, Holdings 59, Durability 83.
Pillar letters and Scores for DGJL, XBAP, with each pillar’s weight
PillarDGJLXBAP
Cost30% weightF13B59Higher
Mission25% weightNot scoredNot scored
Risk15% weightA79A82Higher
Tradability15% weightC43C51Higher
Holdings10% weightNot scoredB59
Durability5% weightD29A83Higher

Rank among S&P 500 Accelerated, 9-12% Buffer funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DGJL and XBAP are both graded against the same 6 S&P 500 Accelerated, 9-12% Buffer funds, so their Grades compare head to head.

S&P 500 Accelerated, 9-12% Buffer⁠

Category · 6 funds
See all 6 ›

XBAP ranks 1st and DGJL 6th of 6 funds in the S&P 500 Accelerated, 9-12% Buffer Category.

  1. Rank 1BXBAPInnovator U.S. Equity Accelerated 9 Buffer ETFScore 63
  2. Rank 2BXBJLInnovator U.S. Equity Accelerated 9 Buffer ETFScore 56
  3. Rank 5CXTJLInnovator U.S. Equity Accelerated Plus ETF - JulyScore 50
  4. Rank 6DDGJLFT Vest U.S. Equity Buffer & Digital Return ETF - JulyScore 36

Our read on each fund

ETF.net Research

DGJLDFT Vest U.S. Equity Buffer & Digital Return ETF - July

XBAPBInnovator U.S. Equity Accelerated 9 Buffer ETF

In short

DGJL No data

XBAP Double the S&P 500's upside up to a cap, with the first 9% of losses absorbed and normal losses after that. A structured-note payoff shape in an ETF wrapper, reset every April.

Stated mandate

DGJL No data

XBAP The Fund seeks twice the return of an ETF tracking the S&P 500 Index, subject to a cap, while buffering the first 9% of losses over the approximately one-year outcome period.

Why people hold it

DGJL No data

  • XBAP Two dials at once: 2x the price gain of an S&P 500 ETF up to a cap, plus a 9% loss buffer, across each roughly one-year outcome period.innovatoretfs.com
  • No maturity date. The outcome period resets each April with a fresh cap and buffer, so the position can be held indefinitely without rolling into a new ticker. Running since 2021.innovatoretfs.com
  • 0.79% a year, the same fee its Innovator siblings charge (XBJA, XBJL, XBOC), and it rates as one of the stronger implementations in that small accelerated-buffer group.
  • A registered 1940 Act fund, not a bank note, so you get the defined-outcome payoff shape without a single issuer's IOU sitting behind it.innovatoretfs.com

Worth knowing

DGJL No data

  • XBAP The cap is a hard ceiling on a blowout year, it is reset each April at whatever options pricing allows, and it is built on SPY's price return, so dividends sit outside the payoff.sec.gov
  • The stated outcomes are for holders who own shares from the first day of an outcome period to the last. Buy mid-period and your effective cap and remaining cushion differ.sec.govinnovatoretfs.com
  • A niche fund with a modest asset base and light trading volume, so bid-ask spreads can be wider than on a plain index ETF.

Full DGJL profile⁠

Full XBAP profile⁠

DGJL vs XBAP Holdings

How DGJL and XBAP differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of DGJL and 0.0% of XBAP.

Level by level

  • Holdings0 in both0.0%

Sector

No Sector split for DGJL.

Country, concentration and asset class

Country by domicile

No country split for DGJL.

Concentration

Weight in the 10 largest Holdings

  • DGJL169.2%
  • XBAP123.9%

Securities held

  • DGJL3
  • XBAP5

Asset class

DGJL
Multi-Asset
XBAP
Equity

Holdings

  • Only in DGJL3
  • In both0
  • Only in XBAP5

Only in DGJL

3 securities, 100% of DGJL by weight

  • 2027-07-16 State Street® SPDR® S&P 500® ETF Trust C 7.4097.49%
  • 2027-07-16 State Street® SPDR® S&P 500® ETF Trust C 650.3566.61%
  • 2027-07-16 State Street® SPDR® S&P 500® ETF Trust P 743.264.04%

Only in XBAP

5 securities, 100% of XBAP by weight

  • Vanguard S&P 500 ETF104.07%
  • Voo 03/31/2027 597.56 C17.53%
  • Voo 03/31/2027 597.56 P1.25%

Weight gaps

DGJL and XBAP share no securities.

All 6 DGJL holdings⁠All 7 XBAP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DGJL vs XBAP Cost

Overpaying DGJL vs XBAP

$1,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DGJL 0.85%

    $16,199

  • XBAP 0.79%

    $15,174

$10,000
30 years

Cost over time

  • DGJL 0.85%
  • XBAP 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DGJL $16,199XBAP $15,174

Year by year

YearDGJLXBAPOverpaying
10$1,508$1,405$103
20$5,706$5,331$375
30$16,199$15,174$1,025

Expense ratio

  • 0.85%DGJL
  • 0.79%XBAP, cheaper
  • Middle half of S&P 500 Accelerated, 9-12% Buffer funds
  • Median 0.79%

XBAP cheapest of 6 funds

DGJL 6th cheapest of 6 funds

DGJL vs XBAP Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
DGJL None
XBAP None

Distribution history

DGJLAll DGJL payments⁠

No distribution history available.

XBAPAll XBAP payments⁠

No distribution history available.

DGJL vs XBAP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DGJL No dataXBAP 4.8%
Return per unit of riskSharpe ratio, 3 years
DGJL No dataXBAP 1.96
Worst fallMax drawdown, 5 years
DGJL No dataXBAP −14.6%
Market sensitivityBeta, 5 years
DGJL 0.00XBAP 0.34

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