Daily Report

ETF Insights - November 15, 2025

Today's analysis: 16 near entry, 3 near acceleration, 12 near cap. Total 31 signals.

Eric Cerrone

15 Nov 2025 — 37 min read

HARBORSIDE - ETF Insights - November 15, 2025

Defined Outcome ETF® Insights

November 15, 2025

Understanding Key Metrics

Cap Yield (Annualized)

The remaining upside potential converted to an annual percentage, for comparison to TBILLs.

Approaching Cap - Index Below

Limited upside potential remaining and as ETF gets closer to reset it will be very sensitive to downside moves.

Approaching Cap - Index Above

ETFs where the cap has been reached (â‰¥90%) and the index is above the cap level, providing a downside cushion.

Probability

The statistical likelihood the index will be above the ETF's cap at expiry. Calculated using Implied Volatility.

Priority Color Coding

Green Border Best entry opportunity

Yellow Border Monitor for entry

Red Border Future exit/roll alerts

127

ETFs ANALYZED

NEAR ENTRY

NEAR ACCELERATION

NEAR CAP

🎯 Near Starting Point - Prime Entry Opportunities

ETFs trading within optimal entry range centered around fee-adjusted starting levels

Qualification Criteria:
30% Buffer ETFs® :
• Optimal Range: Fund Return between -5% and -4%
• Good Range: Fund Return between -6% to -5.1% or -3.9% to +3%
*Premium protection zone with 30% downside buffer*

RBUF

47 Days Until Reset

Fund Return: +0.04%

Index Return: +4.74%

Remaining Cap: 8.06%

Buffer: 10%

Cap Yield: 62.6%

T-Bill: 4.1%

RBUF Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+0.04%

FUND RETURN

+4.74%

INDEX RETURN

-1.85%*

DOWNSIDE
BEFORE BUFFER

8.06%*

REMAINING
CAP

10%

Buffer Level

62.6%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, RBUF is at +0.0% with 47 days remaining. Having returned to near its starting level with 1.5 months remaining, RBUF at +0.0% represents a tactical re-entry opportunity. The full 10% buffer protection is restored, while the shorter time horizon creates higher probability dynamics as the defined outcome parameters become increasingly predictable approaching reset.

âœ… UPSIDE SCENARIO

The ETF has 8.06% remaining upside potential (after fees), having already captured 0.04% of the approximately 8.1% total cap. This creates a 4.4:1 reward-to-risk ratio for the remaining period.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 62.59% cap yield, representing 15.4x the current 4.06% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

RBUF currently shows a downside before buffer of -1.85% (after fees). With the fund at +0.04% and the full 10% buffer intact, you have 10.00% of protection remaining. The index would need to decline approximately 11.85% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

KDEC

16 Days Until Reset

Fund Return: +0.04%

Index Return: +16.52%

Remaining Cap: 12.60%

Buffer: 15%

Cap Yield: 287.4%

T-Bill: 4.1%

KDEC Detailed Analysis

16 Days Remaining

Until Outcome Period Reset

+0.04%

FUND RETURN

+16.52%

INDEX RETURN

-1.82%*

DOWNSIDE
BEFORE BUFFER

12.60%*

REMAINING
CAP

15%

Buffer Level

287.4%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, KDEC is at +0.0% with 16 days remaining. Having returned to near its starting level with 0.5 months remaining, KDEC at +0.0% represents a tactical re-entry opportunity. The full 15% buffer protection is restored, while the shorter time horizon creates higher probability dynamics as the defined outcome parameters become increasingly predictable approaching reset.

âœ… UPSIDE SCENARIO

The ETF has 12.60% remaining upside potential (after fees), having already captured 0.04% of the approximately 12.6% total cap. This creates a strong 6.9:1 reward-to-risk ratio, enhanced by the fact that the position is already profitable with protection intact.The compressed 0.5 month timeframe requires near-term market cooperation. Annualized, this translates to 287.44% cap yield, representing 69.9x the current 4.11% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

KDEC currently shows a downside before buffer of -1.82% (after fees). With the fund at +0.04% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 16.82% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

BOCT

320 Days Until Reset

Fund Return: +0.39%

Index Return: +0.86%

Remaining Cap: 14.13%

Buffer: 9%

Cap Yield: 16.1%

T-Bill: 3.6%

BOCT Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.39%

FUND RETURN

+0.86%

INDEX RETURN

-1.18%*

DOWNSIDE
BEFORE BUFFER

14.13%*

REMAINING
CAP

Buffer Level

16.1%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, BOCT is at +0.4% with 320 days remaining. Trading at +0.4%, BOCT remains near its starting level with 10.5 months until reset. This early entry point still leaves most of the potential return available, while the full 9% buffer protection remains intact.

âœ… UPSIDE SCENARIO

The ETF has 14.13% remaining upside potential (after fees), having already captured 0.39% of the approximately 14.5% total cap. From this profitable position, the 12.0:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 16.12% cap yield, representing 4.5x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

BOCT currently shows a downside before buffer of -1.18% (after fees). With the fund at +0.39% and the full 9% buffer intact, you have 9.00% of protection remaining. The index would need to decline approximately 10.18% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

IOCT

320 Days Until Reset

Fund Return: +0.27%

Index Return: +2.02%

Remaining Cap: 12.73%

Buffer: 15%

Cap Yield: 14.5%

T-Bill: 3.6%

IOCT Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.27%

FUND RETURN

+2.02%

INDEX RETURN

-1.12%*

DOWNSIDE
BEFORE BUFFER

12.73%*

REMAINING
CAP

15%

Buffer Level

14.5%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, IOCT is at +0.3% with 320 days remaining. Trading at +0.3%, IOCT remains near its starting level with 10.5 months until reset. This early entry point still leaves most of the potential return available, while the full 15% buffer protection remains intact.

âœ… UPSIDE SCENARIO

The ETF has 12.73% remaining upside potential (after fees), having already captured 0.27% of the approximately 13.0% total cap. From this profitable position, the 11.4:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 14.52% cap yield, representing 4.1x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

IOCT currently shows a downside before buffer of -1.12% (after fees). With the fund at +0.27% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 16.12% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

KOCT

320 Days Until Reset

Fund Return: -1.85%

Index Return: +16.82%

Remaining Cap: 12.97%

Buffer: 15%

Cap Yield: 14.8%

T-Bill: 3.6%

KOCT Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

-1.85%

FUND RETURN

+16.82%

INDEX RETURN

-0.37%*

DOWNSIDE
BEFORE BUFFER

12.97%*

REMAINING
CAP

15%

Buffer Level

14.8%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, KOCT is at -1.9% with 320 days remaining. At -1.9% with 10.5 months remaining, KOCT is positioned near its starting level with the full 15% buffer protection intact.

âœ… UPSIDE SCENARIO

The ETF has 12.97% remaining upside potential to cap (after fees), but the current -1.9% drawdown creates an enhanced opportunity. The index at 16.8% has recovered more than the fund, which is expected due to fee drag. From the current position, the total potential gain to cap is 14.82%, while only 1.9% of the 15% buffer has been consumed. This creates an asymmetric 8.0:1 reward-to-consumed-buffer ratio. With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 14.79% cap yield, representing 4.1x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

KOCT has consumed 1.85% of its 15% buffer (fund at -1.85%). The downside before buffer is now -0.37%, meaning the buffer has been reached. You have 13.15% of buffer protection remaining before experiencing actual losses.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

NOCT

320 Days Until Reset

Fund Return: +0.29%

Index Return: +1.41%

Remaining Cap: 13.12%

Buffer: 15%

Cap Yield: 15.0%

T-Bill: 3.6%

NOCT Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.29%

FUND RETURN

+1.41%

INDEX RETURN

-1.09%*

DOWNSIDE
BEFORE BUFFER

13.12%*

REMAINING
CAP

15%

Buffer Level

15.0%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, NOCT is at +0.3% with 320 days remaining. Trading at +0.3%, NOCT remains near its starting level with 10.5 months until reset. This early entry point still leaves most of the potential return available, while the full 15% buffer protection remains intact.

âœ… UPSIDE SCENARIO

The ETF has 13.12% remaining upside potential (after fees), having already captured 0.29% of the approximately 13.4% total cap. From this profitable position, the 12.0:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 14.96% cap yield, representing 4.2x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

NOCT currently shows a downside before buffer of -1.09% (after fees). With the fund at +0.29% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 16.09% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

POCT

320 Days Until Reset

Fund Return: +0.30%

Index Return: +0.86%

Remaining Cap: 10.68%

Buffer: 15%

Cap Yield: 12.2%

T-Bill: 3.6%

POCT Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.30%

FUND RETURN

+0.86%

INDEX RETURN

-1.10%*

DOWNSIDE
BEFORE BUFFER

10.68%*

REMAINING
CAP

15%

Buffer Level

12.2%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, POCT is at +0.3% with 320 days remaining. Trading at +0.3%, POCT remains near its starting level with 10.5 months until reset. This early entry point still leaves most of the potential return available, while the full 15% buffer protection remains intact.

âœ… UPSIDE SCENARIO

The ETF has 10.68% remaining upside potential (after fees), having already captured 0.30% of the approximately 11.0% total cap. From this profitable position, the 9.7:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 12.18% cap yield, representing 3.4x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

POCT currently shows a downside before buffer of -1.10% (after fees). With the fund at +0.30% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 16.10% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

BNOV

351 Days Until Reset

Fund Return: -1.49%

Index Return: +17.84%

Remaining Cap: 7.71%

Buffer: 9%

Cap Yield: 8.0%

T-Bill: 3.6%

INOV

351 Days Until Reset

Fund Return: +0.59%

Index Return: +0.81%

Remaining Cap: 17.31%

Buffer: 15%

Cap Yield: 18.0%

T-Bill: 3.6%

INOV Detailed Analysis

351 Days Remaining

Until Outcome Period Reset

+0.59%

FUND RETURN

+0.81%

INDEX RETURN

-1.44%*

DOWNSIDE
BEFORE BUFFER

17.31%*

REMAINING
CAP

15%

Buffer Level

18.0%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, INOV is at +0.6% with 351 days remaining. Trading at +0.6%, INOV remains near its starting level with 11.5 months until reset. This early entry point still leaves most of the potential return available, while the full 15% buffer protection remains intact.

âœ… UPSIDE SCENARIO

The ETF has 17.31% remaining upside potential (after fees), having already captured 0.59% of the approximately 17.9% total cap. From this profitable position, the 12.0:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 11.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 18.00% cap yield, representing 5.0x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

INOV currently shows a downside before buffer of -1.44% (after fees). With the fund at +0.59% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 16.44% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

PNOV

351 Days Until Reset

Fund Return: -1.49%

Index Return: +13.25%

Remaining Cap: 13.63%

Buffer: 15%

Cap Yield: 14.2%

T-Bill: 3.6%

PNOV Detailed Analysis

351 Days Remaining

Until Outcome Period Reset

-1.49%

FUND RETURN

+13.25%

INDEX RETURN

-0.69%*

DOWNSIDE
BEFORE BUFFER

13.63%*

REMAINING
CAP

15%

Buffer Level

14.2%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, PNOV is at -1.5% with 351 days remaining. At -1.5% with 11.5 months remaining, PNOV is positioned near its starting level with the full 15% buffer protection intact.

âœ… UPSIDE SCENARIO

The ETF has 13.63% remaining upside potential to cap (after fees), but the current -1.5% drawdown creates an enhanced opportunity. The index at 13.2% has recovered more than the fund, which is expected due to fee drag. From the current position, the total potential gain to cap is 15.12%, while only 1.5% of the 15% buffer has been consumed. This creates an asymmetric 10.1:1 reward-to-consumed-buffer ratio. With 11.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 14.17% cap yield, representing 4.0x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

PNOV has consumed 1.49% of its 15% buffer (fund at -1.49%). The downside before buffer is now -0.69%, meaning the buffer has been reached. You have 13.51% of buffer protection remaining before experiencing actual losses.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

🛡️ 100% Principal Protection®

Principal-protected ETFs trading near their starting levels

Qualification Criteria:
100% Buffer ETFs® (Annual/Bi-Annual):
  • Optimal: Fund Return -1% to +0.25%
  • Good: Fund Return between +0.26% and +0.5%
100% Buffer ETFs® (6-Month):
  • Optimal: Fund Return -0.50% to +0.25%
  • Good: Fund Return between +0.26% and +0.50%
*Watch for negative fund return which allows for extra yield compensating for fund fee*

TOCT

685 Days Until Reset

Fund Return: +0.25%

Index Return: +0.86%

Remaining Cap: 10.90%

Buffer: 100%

Cap Yield: 5.8%

T-Bill: 3.5%

TOCT Detailed Analysis

685 Days Remaining

Until Outcome Period Reset

+0.25%

FUND RETURN

+0.86%

INDEX RETURN

-1.84%*

DOWNSIDE
BEFORE BUFFER

10.90%*

REMAINING
CAP

100%

Buffer Level

5.8%

Cap Yield

3.5%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, TOCT is at +0.2% with 685 days remaining. Having returned to near its starting level with 22.5 months until reset, this represents a tactical re-entry opportunity with the full 100% buffer protection restored. The shorter time horizon creates a higher probability setup, as the defined outcome parameters become increasingly predictable approaching reset, while maintaining substantial upside to cap.

âœ… UPSIDE SCENARIO

The ETF has 10.90% remaining upside potential (after fees), having already captured 0.25% of the approximately 11.2% total cap. This creates a strong 5.9:1 reward-to-risk ratio, enhanced by the fact that the position is already profitable with protection intact.With 22.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 5.81% cap yield, significantly exceeding the 3.48% T-Bill rate by 2.3 percentage points.

🛡️ DOWNSIDE PROTECTION

TOCT provides complete principal protection for two years if entered at the starting point (before fees). Regardless of market decline, the initial investment is fully protected at reset (before fees). This asymmetric structure allows for upside participation with no downside risk to principal, making position sizing considerations focus solely on opportunity cost rather than risk of loss. If entered after period has started the downside before buffer and total fees for the period will be the max loss.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

APOC

137 Days Until Reset

Fund Return: +0.39%

Index Return: +0.86%

Remaining Cap: 2.56%

Buffer: 100%

Cap Yield: 6.8%

T-Bill: 3.9%

APOC Detailed Analysis

137 Days Remaining

Until Outcome Period Reset

+0.39%

FUND RETURN

+0.86%

INDEX RETURN

-0.78%*

DOWNSIDE
BEFORE BUFFER

2.56%*

REMAINING
CAP

100%

Buffer Level

6.8%

Cap Yield

3.9%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, APOC is at +0.4% with 137 days remaining. Having returned to near its starting level with 4.5 months until reset, this represents a tactical re-entry opportunity with the full 100% buffer protection restored. The shorter time horizon creates a higher probability setup, as the defined outcome parameters become increasingly predictable approaching reset, while maintaining substantial upside to cap.

âœ… UPSIDE SCENARIO

The ETF has 2.56% remaining upside potential (after fees), having already captured 0.39% of the approximately 3.0% total cap. This creates a 3.3:1 reward-to-risk ratio for the remaining period.With 4.5 months until reset, timing becomes increasingly important. Annualized, this translates to 6.82% cap yield, significantly exceeding the 3.93% T-Bill rate by 2.9 percentage points.

🛡️ DOWNSIDE PROTECTION

APOC provides complete principal protection for six months if entered at the starting point (before fees). Regardless of market decline, the initial investment is fully protected at reset (before fees). This asymmetric structure allows for upside participation with no downside risk to principal, making position sizing considerations focus solely on opportunity cost rather than risk of loss. If entered after period has started the downside before buffer and total fees for the period will be the max loss.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

ZOCT

320 Days Until Reset

Fund Return: +0.28%

Index Return: +0.86%

Remaining Cap: 5.43%

Buffer: 100%

Cap Yield: 6.2%

T-Bill: 3.6%

ZOCT Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.28%

FUND RETURN

+0.86%

INDEX RETURN

-1.07%*

DOWNSIDE
BEFORE BUFFER

5.43%*

REMAINING
CAP

100%

Buffer Level

6.2%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, ZOCT is at +0.3% with 320 days remaining. Having returned to near its starting level with 10.5 months until reset, this represents a tactical re-entry opportunity with the full 100% buffer protection restored. The shorter time horizon creates a higher probability setup, as the defined outcome parameters become increasingly predictable approaching reset, while maintaining substantial upside to cap.

âœ… UPSIDE SCENARIO

The ETF has 5.43% remaining upside potential (after fees), having already captured 0.28% of the approximately 5.7% total cap. This creates a strong 5.1:1 reward-to-risk ratio, enhanced by the fact that the position is already profitable with protection intact.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 6.19% cap yield, significantly exceeding the 3.58% T-Bill rate by 2.6 percentage points.

🛡️ DOWNSIDE PROTECTION

ZOCT provides complete principal protection for one year if entered at the starting point (before fees). Regardless of market decline, the initial investment is fully protected at reset (before fees). This asymmetric structure allows for upside participation with no downside risk to principal, making position sizing considerations focus solely on opportunity cost rather than risk of loss. If entered after period has started the downside before buffer and total fees for the period will be the max loss.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

🚀 Acceleration Zone - Enhanced Returns Available

ETFs with accelerated participation (2x or 3x) in positive index moves

Qualification Criteria:
Near Starting Point (Entry Signal):
• Fund Return between -1.5% and +0.5%
• Provides 2x or 3x acceleration on positive moves
Near Threshold (Monitor Signal):
• Index from (threshold - 1%) up to 85% of maximum cap
• Enhanced returns active - approaching cap trigger
Near Cap (Exit Signal):
• Index ≥ 85% of maximum cap
• Maximum cap likely to be achieved at reset
*Leveraged participation with no downside buffer protection*

NEAR START

NEAR THRESHOLD

NEAR CAP

NEAR STARTING POINT

ETFs close to starting level with accelerated upside potential

QTOC

320 Days Until Reset

Fund Return: +0.28%

Index Return: +1.41%

Remaining Cap: 17.71%

Buffer: 0%

Cap Yield: 20.2%

T-Bill: 3.6%

QTOC Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.28%

FUND RETURN

+1.41%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

17.71%*

REMAINING
CAP

Buffer Level

20.2%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, QTOC is at +0.3% with 320 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 17.71% remaining upside potential (after fees), having already captured 0.28% of the approximately 18.0% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 20.20% cap yield, representing 5.6x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

QTOC offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

XBOC

320 Days Until Reset

Fund Return: +0.27%

Index Return: +0.87%

Remaining Cap: 10.61%

Buffer: 9%

Cap Yield: 12.1%

T-Bill: 3.6%

XBOC Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.27%

FUND RETURN

+0.87%

INDEX RETURN

-1.06%*

DOWNSIDE
BEFORE BUFFER

10.61%*

REMAINING
CAP

Buffer Level

12.1%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XBOC is at +0.3% with 320 days remaining. Trading at +0.3%, XBOC remains near its starting level with 10.5 months until reset. This early entry point still leaves most of the potential return available, while the full 9% buffer protection remains intact.

âœ… UPSIDE SCENARIO

The ETF has 10.61% remaining upside potential (after fees), having already captured 0.27% of the approximately 10.9% total cap. From this profitable position, the 10.0:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 12.10% cap yield, representing 3.4x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XBOC currently shows a downside before buffer of -1.06% (after fees). With the fund at +0.27% and the full 9% buffer intact, you have 9.00% of protection remaining. The index would need to decline approximately 10.06% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

XTOC

320 Days Until Reset

Fund Return: +0.29%

Index Return: +0.87%

Remaining Cap: 13.78%

Buffer: 0%

Cap Yield: 15.7%

T-Bill: 3.6%

XTOC Detailed Analysis

320 Days Remaining

Until Outcome Period Reset

+0.29%

FUND RETURN

+0.87%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

13.78%*

REMAINING
CAP

Buffer Level

15.7%

Cap Yield

3.6%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XTOC is at +0.3% with 320 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 13.78% remaining upside potential (after fees), having already captured 0.29% of the approximately 14.1% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 10.5 months remaining, there is ample time for this upside scenario to develop. Annualized, this translates to 15.72% cap yield, representing 4.4x the current 3.58% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XTOC offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

NEAR THRESHOLD

ETFs within 1% of acceleration threshold - enhanced returns activating

Threshold: 6.33%

QTJL

228 Days Until Reset

Fund Return: +6.97% | Index Return: +10.37%

Remaining Cap: 10.45%

Cap Yield: 16.73% | T-Bill: 3.76%

QTJL Detailed Analysis

228 Days Remaining

Until Outcome Period Reset

+6.97%

FUND RETURN

+10.37%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

10.45%*

REMAINING
CAP

Buffer Level

16.7%

Cap Yield

3.8%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, QTJL is at +7.0% with 228 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 10.45% remaining upside potential (after fees), having already captured 6.97% of the approximately 17.4% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.The 7.5 month time horizon provides a reasonable period for upside capture. Annualized, this translates to 16.73% cap yield, representing 4.4x the current 3.76% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

QTJL offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

Threshold: 5.94%

XBJL

228 Days Until Reset

Fund Return: +4.45% | Index Return: +8.76%

Remaining Cap: 6.32%

Cap Yield: 10.12% | T-Bill: 3.76%

XBJL Detailed Analysis

228 Days Remaining

Until Outcome Period Reset

+4.45%

FUND RETURN

+8.76%

INDEX RETURN

-5.05%*

DOWNSIDE
BEFORE BUFFER

6.32%*

REMAINING
CAP

Buffer Level

10.1%

Cap Yield

3.8%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XBJL is at +4.5% with 228 days remaining. With XBJL at +4.5% and 7.5 months until reset, this ETF is positioned near its starting level. The full 9% buffer protection remains intact, while the shorter time horizon provides enhanced probability characteristics.

âœ… UPSIDE SCENARIO

The ETF has 6.32% remaining upside potential (after fees), having already captured 4.45% of the approximately 10.8% total cap. This creates a 1.3:1 reward-to-risk ratio for the remaining period.The 7.5 month time horizon provides a reasonable period for upside capture. Annualized, this translates to 10.12% cap yield, representing 2.7x the current 3.76% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XBJL currently shows a downside before buffer of -5.05% (after fees). With the fund at +4.45% and the full 9% buffer intact, you have 9.00% of protection remaining. The index would need to decline approximately 14.05% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

Threshold: 5.05%

XTJL

228 Days Until Reset

Fund Return: +5.78% | Index Return: +8.76%

Remaining Cap: 8.06%

Cap Yield: 12.90% | T-Bill: 3.76%

XTJL Detailed Analysis

228 Days Remaining

Until Outcome Period Reset

+5.78%

FUND RETURN

+8.76%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

8.06%*

REMAINING
CAP

Buffer Level

12.9%

Cap Yield

3.8%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XTJL is at +5.8% with 228 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 8.06% remaining upside potential (after fees), having already captured 5.78% of the approximately 13.8% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.The 7.5 month time horizon provides a reasonable period for upside capture. Annualized, this translates to 12.90% cap yield, representing 3.4x the current 3.76% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XTJL offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

NEAR MAXIMUM CAP

ETFs approaching maximum cap - consider profit-taking strategies

QTJA

47 Days Until Reset

Fund Return: +16.42%

Index Return: +19.10%

Remaining Cap: 1.80%

Buffer: 0%

Cap Yield: 14.0%

T-Bill: 4.1%

QTJA Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+16.42%

FUND RETURN

+19.10%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

1.80%*

REMAINING
CAP

Buffer Level

14.0%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, QTJA is at +16.4% with 47 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 1.80% remaining upside potential (after fees), having already captured 16.42% of the approximately 18.2% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 13.98% cap yield, representing 3.4x the current 4.06% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

QTJA offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

XBJA

47 Days Until Reset

Fund Return: +9.64%

Index Return: +14.65%

Remaining Cap: 1.09%

Buffer: 9%

Cap Yield: 8.5%

T-Bill: 4.1%

XBJA Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+9.64%

FUND RETURN

+14.65%

INDEX RETURN

-9.58%*

DOWNSIDE
BEFORE BUFFER

1.09%*

REMAINING
CAP

Buffer Level

8.5%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XBJA is at +9.6% with 47 days remaining. Having pulled back to near its starting level with 1.5 months remaining, XBJA at +9.6% represents a tactical re-entry opportunity. The full 9% buffer protection is restored, while the shorter time horizon creates higher probability dynamics as the defined outcome parameters become increasingly predictable approaching reset.

âœ… UPSIDE SCENARIO

The ETF has 1.09% remaining upside potential (after fees), having already captured 9.64% of the approximately 10.7% total cap. This creates a 0.1:1 reward-to-risk ratio for the remaining period.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 8.46% cap yield, representing 2.1x the current 4.06% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XBJA currently shows a downside before buffer of -9.58% (after fees). With the fund at +9.64% and the full 9% buffer intact, you have 9.00% of protection remaining. The index would need to decline approximately 18.58% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

XTJA

47 Days Until Reset

Fund Return: +12.18%

Index Return: +14.66%

Remaining Cap: 1.40%

Buffer: 0%

Cap Yield: 10.9%

T-Bill: 4.1%

XTJA Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+12.18%

FUND RETURN

+14.66%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

1.40%*

REMAINING
CAP

Buffer Level

10.9%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XTJA is at +12.2% with 47 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 1.40% remaining upside potential (after fees), having already captured 12.18% of the approximately 13.6% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 10.87% cap yield, representing 2.7x the current 4.06% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XTJA offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

QTAP

137 Days Until Reset

Fund Return: +16.06%

Index Return: +29.84%

Remaining Cap: 3.59%

Buffer: 0%

Cap Yield: 9.6%

T-Bill: 3.9%

QTAP Detailed Analysis

137 Days Remaining

Until Outcome Period Reset

+16.06%

FUND RETURN

+29.84%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

3.59%*

REMAINING
CAP

Buffer Level

9.6%

Cap Yield

3.9%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, QTAP is at +16.1% with 137 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 3.59% remaining upside potential (after fees), having already captured 16.06% of the approximately 19.6% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 4.5 months until reset, timing becomes increasingly important. Annualized, this translates to 9.56% cap yield, representing 2.4x the current 3.93% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

QTAP offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

XBAP

137 Days Until Reset

Fund Return: +8.89%

Index Return: +20.12%

Remaining Cap: 2.78%

Buffer: 9%

Cap Yield: 7.4%

T-Bill: 3.9%

XTAP

137 Days Until Reset

Fund Return: +11.93%

Index Return: +20.12%

Remaining Cap: 3.42%

Buffer: 0%

Cap Yield: 9.1%

T-Bill: 3.9%

XTAP Detailed Analysis

137 Days Remaining

Until Outcome Period Reset

+11.93%

FUND RETURN

+20.12%

INDEX RETURN

NONE

DOWNSIDE
BEFORE BUFFER

3.42%*

REMAINING
CAP

Buffer Level

9.1%

Cap Yield

3.9%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, XTAP is at +11.9% with 137 days remaining. This signal indicates an opportunity worth investigating based on the current positioning within the outcome period and the available risk-reward parameters.

âœ… UPSIDE SCENARIO

The ETF has 3.42% remaining upside potential (after fees), having already captured 11.93% of the approximately 15.3% total cap. From this profitable position, the inf:1 reward-to-risk ratio is particularly attractive, as you're effectively playing with house money while maintaining full buffer protection below.With 4.5 months until reset, timing becomes increasingly important. Annualized, this translates to 9.11% cap yield, representing 2.3x the current 3.93% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

XTAP offers no downside buffer protection as an accelerated ETF. The position will participate fully in any index declines, making this suitable only for investors with strong market convictions and appropriate risk tolerance. Position sizing and timing are critical as losses can accumulate rapidly in adverse markets.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

📈 Approaching Cap - Above Starting Level

ETFs that have reached cap with index above cap level

IDEC

16 Days Until Reset

Fund Return: +16.93%

Index Return: +20.63%

Remaining Cap: 0.35%

Buffer: 15%

Cap Yield: 8.0%

T-Bill: 4.1%

NDEC

16 Days Until Reset

Fund Return: +13.05%

Index Return: +19.45%

Remaining Cap: 0.54%

Buffer: 15%

Cap Yield: 12.3%

T-Bill: 4.1%

NDEC Detailed Analysis

16 Days Remaining

Until Outcome Period Reset

+13.05%

FUND RETURN

+19.45%

INDEX RETURN

-12.34%*

DOWNSIDE
BEFORE BUFFER

0.54%*

REMAINING
CAP

15%

Buffer Level

12.3%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, NDEC is at +13.1% with 16 days remaining. Having broken above the cap level, this ETF has entered a critical exit zone where additional gains are capped while downside risk remains. This signal indicates strong consideration for rolling to a fresh outcome period or taking profits, as the asymmetric risk profile no longer favors holding the position.

âœ… UPSIDE SCENARIO

The ETF has 0.54% remaining upside potential (after fees), having already captured 13.05% of the approximately 13.6% total cap. This creates a 0.0:1 reward-to-risk ratio for the remaining period.The compressed 0.5 month timeframe requires near-term market cooperation. Annualized, this translates to 12.32% cap yield, representing 3.0x the current 4.11% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

NDEC currently shows a downside before buffer of -12.34% (after fees). With the fund at +13.05% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 27.34% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

ZDEK

16 Days Until Reset

Fund Return: +6.63%

Index Return: +11.51%

Remaining Cap: 0.29%

Buffer: 100%

Cap Yield: 6.6%

T-Bill: 4.1%

ZDEK Detailed Analysis

16 Days Remaining

Until Outcome Period Reset

+6.63%

FUND RETURN

+11.51%

INDEX RETURN

-7.01%*

DOWNSIDE
BEFORE BUFFER

0.29%*

REMAINING
CAP

100%

Buffer Level

6.6%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, ZDEK is at +6.6% with 16 days remaining. Having broken above the cap level, this ETF has entered a critical exit zone where additional gains are capped while downside risk remains. This signal indicates strong consideration for rolling to a fresh outcome period or taking profits, as the asymmetric risk profile no longer favors holding the position.

âœ… UPSIDE SCENARIO

The ETF has 0.29% remaining upside potential (after fees), having already captured 6.63% of the approximately 6.9% total cap. This creates a 0.0:1 reward-to-risk ratio for the remaining period.The compressed 0.5 month timeframe requires near-term market cooperation. Annualized, this translates to 6.62% cap yield, significantly exceeding the 4.11% T-Bill rate by 2.5 percentage points.

🛡️ DOWNSIDE PROTECTION

ZDEK provides complete principal protection for one year if entered at the starting point (before fees). Regardless of market decline, the initial investment is fully protected at reset (before fees). This asymmetric structure allows for upside participation with no downside risk to principal, making position sizing considerations focus solely on opportunity cost rather than risk of loss. If entered after period has started the downside before buffer and total fees for the period will be the max loss.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

AJAN

47 Days Until Reset

Fund Return: +13.71%

Index Return: +41.37%

Remaining Cap: 0.25%

Buffer: 100%

Cap Yield: 1.9%

T-Bill: 4.1%

AJAN Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+13.71%

FUND RETURN

+41.37%

INDEX RETURN

-13.65%*

DOWNSIDE
BEFORE BUFFER

0.25%*

REMAINING
CAP

100%

Buffer Level

1.9%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, AJAN is at +13.7% with 47 days remaining. Having broken above the cap level, this ETF has entered a critical exit zone where additional gains are capped while downside risk remains. This signal indicates strong consideration for rolling to a fresh outcome period or taking profits, as the asymmetric risk profile no longer favors holding the position.

âœ… UPSIDE SCENARIO

The ETF has 0.25% remaining upside potential (after fees), having already captured 13.71% of the approximately 14.0% total cap. This creates a 0.0:1 reward-to-risk ratio for the remaining period.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 1.94% cap yield. Note that this is below the current 4.06% T-Bill rate, suggesting limited relative value unless seeking the specific protection features.

🛡️ DOWNSIDE PROTECTION

AJAN provides complete principal protection for two years if entered at the starting point (before fees). Regardless of market decline, the initial investment is fully protected at reset (before fees). This asymmetric structure allows for upside participation with no downside risk to principal, making position sizing considerations focus solely on opportunity cost rather than risk of loss. If entered after period has started the downside before buffer and total fees for the period will be the max loss.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

EJAN

47 Days Until Reset

Fund Return: +13.72%

Index Return: +31.42%

Remaining Cap: 0.50%

Buffer: 15%

Cap Yield: 3.9%

T-Bill: 4.1%

EJAN Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+13.72%

FUND RETURN

+31.42%

INDEX RETURN

-12.95%*

DOWNSIDE
BEFORE BUFFER

0.50%*

REMAINING
CAP

15%

Buffer Level

3.9%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, EJAN is at +13.7% with 47 days remaining. Having broken above the cap level, this ETF has entered a critical exit zone where additional gains are capped while downside risk remains. This signal indicates strong consideration for rolling to a fresh outcome period or taking profits, as the asymmetric risk profile no longer favors holding the position.

âœ… UPSIDE SCENARIO

The ETF has 0.50% remaining upside potential (after fees), having already captured 13.72% of the approximately 14.2% total cap. This creates a 0.0:1 reward-to-risk ratio for the remaining period.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 3.88% cap yield. Note that this is below the current 4.06% T-Bill rate, suggesting limited relative value unless seeking the specific protection features.

🛡️ DOWNSIDE PROTECTION

EJAN currently shows a downside before buffer of -12.95% (after fees). With the fund at +13.72% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 27.95% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

IJAN

47 Days Until Reset

Fund Return: +17.90%

Index Return: +25.99%

Remaining Cap: 1.13%

Buffer: 15%

Cap Yield: 8.8%

T-Bill: 4.1%

IJAN Detailed Analysis

47 Days Remaining

Until Outcome Period Reset

+17.90%

FUND RETURN

+25.99%

INDEX RETURN

-16.03%*

DOWNSIDE
BEFORE BUFFER

1.13%*

REMAINING
CAP

15%

Buffer Level

8.8%

Cap Yield

4.1%

T-Bill Rate

📋 POSITION SNAPSHOT

As of today, IJAN is at +17.9% with 47 days remaining. Having broken above the cap level, this ETF has entered a critical exit zone where additional gains are capped while downside risk remains. This signal indicates strong consideration for rolling to a fresh outcome period or taking profits, as the asymmetric risk profile no longer favors holding the position.

âœ… UPSIDE SCENARIO

The ETF has 1.13% remaining upside potential (after fees), having already captured 17.90% of the approximately 19.0% total cap. This creates a 0.1:1 reward-to-risk ratio for the remaining period.The compressed 1.5 month timeframe requires near-term market cooperation. Annualized, this translates to 8.78% cap yield, representing 2.2x the current 4.06% T-Bill rate. This substantial premium compensates for the equity risk and cap limitation.

🛡️ DOWNSIDE PROTECTION

IJAN currently shows a downside before buffer of -16.03% (after fees). With the fund at +17.90% and the full 15% buffer intact, you have 15.00% of protection remaining. The index would need to decline approximately 31.03% from current levels before the end of the buffer protection.

*Note: All values shown are after-fee (net) values as reported by the fund. The remaining cap and downside values reflect the actual position after accounting for management expenses.

Important Disclosures

This material is for informational purposes only and does not constitute investment advice. Defined Outcome ETFs® involve significant risks including the potential loss of principal. Past performance does not guarantee future results.

Innovator ETFs®® Specific Disclosures are available at Innovatoretfs.com

For complete terms and conditions, visit: harborside.capital/disclaimer

OCC Options Risk Disclosure

Options Risk Disclosure: Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of "Characteristics and Risks of Standardized Options" available at theocc.com.

Please read the full disclaimer and risk disclosure document before making any investment decisions. Consult with a qualified financial advisor regarding your specific investment objectives and risk tolerance.

® Trademark Notice: The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF®, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF®, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Step-Up™, Step-Up ETFs®, 100% Buffer ETFs™, Dual Directional Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors.

ETF Insights - November 15, 2025

Eric Cerrone

Defined Outcome ETF® Insights

Understanding Key Metrics

🎯 Near Starting Point - Prime Entry Opportunities

🛡️ 100% Principal Protection®

🚀 Acceleration Zone - Enhanced Returns Available

NEAR STARTING POINT

NEAR THRESHOLD

NEAR MAXIMUM CAP

📈 Approaching Cap - Above Starting Level

Important Disclosures

Read more

ETF Insights - January 19, 2026

ETF Insights - January 16, 2026

ETF Insights - January 15, 2026

ETF Insights - January 15, 2026

Defined Outcome ETF® Insights

Understanding Key Metrics

🎯 Near Starting Point - Prime Entry Opportunities

RBUF Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

KDEC Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

BOCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

IOCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

KOCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

NOCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

POCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

BNOV Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

INOV Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

PNOV Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

🛡️ 100% Principal Protection®

TOCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

APOC Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

ZOCT Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

🚀 Acceleration Zone - Enhanced Returns Available

NEAR STARTING POINT

QTOC Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

XBOC Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

XTOC Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

NEAR THRESHOLD

QTJL Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

XBJL Detailed Analysis

📋 POSITION SNAPSHOT

âœ… UPSIDE SCENARIO

🛡️ DOWNSIDE PROTECTION

XTJL Detailed Analysis

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ 100% Principal Protection®

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION

🛡️ DOWNSIDE PROTECTION