Daily Report

ETF Insights - September 20, 2025

Today's analysis: 16 near entry opportunities, 15 approaching cap. Total 31 signals identified. Full interactive report with detailed analysis for each ETF.

Eric Cerrone

— 27 min read
HARBORSIDE - ETF Insights - September 20, 2025
Harborside Capital
Defined Outcome ETF Insights
September 20, 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. Compare to TBILLs and other ETFs for possible roll.

Approaching Cap - Index Above

ETFs where the cap has been reached (≥90%) and the index is above the cap level, providing a downside cushion to after fee cap. Check TBILL rate, probability and Cap Yield to manage risk.

Probability

The statistical likelihood the index will be above the ETF's cap at expiry. Calculated using Implied Volatility from the Underlying ETF's, their location and time left.

Priority Color Coding
Green Border
Best entry opportunity - ETF close to starting point
Yellow Border
Monitor for entry - ETF near starting point OR cap reached with index above
Red Border
Future exit/roll alerts - ETF near maximum cap
118
ETFs Analyzed
16
Near Entry
15
Near Cap
ETFs With No Alerts & Expiring Within 30 Days
APOC (11d)
IBUF (11d)
IOCT (11d)
KOCT (11d)
ZOCT (11d)
 
ENTRY OPPORTUNITIES
- ETF NEAR RESET LEVEL -
🎯 ISEP (15% Buffer)     346 Days Until Reset
Fund Return: 0.69%  |  Index Return: 1.66%
Remaining Cap: 12.16%  |  Downside Before Buffer: -1.54%
Cap Yield: 13.68%  |  T-Bill Yield: 3.88%
✅ PSEP (15% Buffer)     346 Days Until Reset
Fund Return: 1.52%  |  Index Return: 2.89%
Remaining Cap: 9.25%  |  Downside Before Buffer: -2.29%
Cap Yield: 10.55%  |  T-Bill Yield: 3.88%
APPROACHING CAP
- INDEX ABOVE CAP -
📈 BALT (20% Quarterly Buffer)     11 Days Until Reset
Fund Return: 2.07%  |  Index Return: 7.42%
Remaining Cap: 0.15%  |  Downside Before Buffer: -2.20%  |  Cap Used: 93.3%  |  Above Cap: 5.2%  |  Probability: 98%
Cap Yield: 5.64%  |  T-Bill Yield: 3.88%
📈 BOCT (9% Buffer)     11 Days Until Reset
Fund Return: 13.50%  |  Index Return: 15.67%
Remaining Cap: 0.36%  |  Downside Before Buffer: -12.68%  |  Cap Used: 97.4%  |  Above Cap: 1.8%  |  Probability: 75%
Cap Yield: 12.61%  |  T-Bill Yield: 3.88%
📈 EALT (Quarterly Range)     11 Days Until Reset
Fund Return: 5.56%  |  Index Return: 7.42%
Remaining Cap: 0.39%  |  Downside Before Buffer: -10.18%  |  Cap Used: 93.5%  |  Above Cap: 1.5%  |  Probability: 72%
Cap Yield: 13.60%  |  T-Bill Yield: 3.88%
📈 EBUF (10% Quarterly Buffer)     11 Days Until Reset
Fund Return: 2.28%  |  Index Return: 9.89%
Remaining Cap: 0.12%  |  Downside Before Buffer: -2.45%  |  Cap Used: 94.9%  |  Above Cap: 7.5%  |  Probability: 99%
Cap Yield: 4.98%  |  T-Bill Yield: 3.88%
📈 EOCT (15% Buffer)     11 Days Until Reset
Fund Return: 13.74%  |  Index Return: 15.59%
Remaining Cap: 0.90%  |  Downside Before Buffer: -12.98%  |  Cap Used: 93.8%  |  Above Cap: 0.9%  |  Probability: 61%
Cap Yield: 30.86%  |  T-Bill Yield: 3.88%
📈 NOCT (15% Buffer)     11 Days Until Reset
Fund Return: 13.56%  |  Index Return: 22.80%
Remaining Cap: 0.03%  |  Downside Before Buffer: -12.73%  |  Cap Used: 99.8%  |  Above Cap: 9.2%  |  Probability: 99%
Cap Yield: 1.66%  |  T-Bill Yield: 3.88%
📈 POCT (15% Buffer)     11 Days Until Reset
Fund Return: 10.41%  |  Index Return: 15.68%
Remaining Cap: 0.07%  |  Downside Before Buffer: -10.22%  |  Cap Used: 99.4%  |  Above Cap: 5.2%  |  Probability: 97%
Cap Yield: 2.99%  |  T-Bill Yield: 3.88%
📈 QBUF (10% Quarterly Buffer)     11 Days Until Reset
Fund Return: 3.82%  |  Index Return: 8.65%
Remaining Cap: 0.17%  |  Downside Before Buffer: -3.87%  |  Cap Used: 95.8%  |  Above Cap: 4.7%  |  Probability: 93%
Cap Yield: 6.30%  |  T-Bill Yield: 3.88%
📈 RBUF (10% Quarterly Buffer)     11 Days Until Reset
Fund Return: 4.72%  |  Index Return: 12.60%
Remaining Cap: 0.09%  |  Downside Before Buffer: -4.70%  |  Cap Used: 98.2%  |  Above Cap: 7.8%  |  Probability: 97%
Cap Yield: 3.65%  |  T-Bill Yield: 3.88%
📈 UOCT (30% Ultra Buffer)     11 Days Until Reset
Fund Return: 10.02%  |  Index Return: 15.68%
Remaining Cap: 0.05%  |  Downside Before Buffer: -14.44%  |  Cap Used: 99.5%  |  Above Cap: 5.6%  |  Probability: 98%
Cap Yield: 2.32%  |  T-Bill Yield: 3.88%
📈 ZALT (10% Quarterly Buffer)     11 Days Until Reset
Fund Return: 3.22%  |  Index Return: 7.42%
Remaining Cap: 0.16%  |  Downside Before Buffer: -3.29%  |  Cap Used: 95.3%  |  Above Cap: 4.0%  |  Probability: 94%
Cap Yield: 5.97%  |  T-Bill Yield: 3.88%
📈 INOV (15% Buffer)     42 Days Until Reset
Fund Return: 13.18%  |  Index Return: 17.39%
Remaining Cap: 1.25%  |  Downside Before Buffer: -12.50%  |  Cap Used: 91.3%  |  Above Cap: 3.0%  |  Probability: 61%
Cap Yield: 11.73%  |  T-Bill Yield: 3.88%
📈 NNOV (15% Buffer)     42 Days Until Reset
Fund Return: 13.94%  |  Index Return: 23.87%
Remaining Cap: 0.87%  |  Downside Before Buffer: -13.02%  |  Cap Used: 94.1%  |  Above Cap: 9.1%  |  Probability: 90%
Cap Yield: 8.34%  |  T-Bill Yield: 3.88%
📈 PNOV (15% Buffer)     42 Days Until Reset
Fund Return: 10.51%  |  Index Return: 16.72%
Remaining Cap: 0.97%  |  Downside Before Buffer: -10.30%  |  Cap Used: 91.6%  |  Above Cap: 5.2%  |  Probability: 85%
Cap Yield: 9.21%  |  T-Bill Yield: 3.88%
📈 UNOV (30% Ultra Buffer)     42 Days Until Reset
Fund Return: 9.95%  |  Index Return: 16.72%
Remaining Cap: 0.86%  |  Downside Before Buffer: -14.39%  |  Cap Used: 92.1%  |  Above Cap: 5.9%  |  Probability: 87%
Cap Yield: 8.26%  |  T-Bill Yield: 3.88%
ACCELERATION ZONE ALERTS
🎯 Light Green Border
Fund Between -1.5% and 0% of Starting Point
👀 Yellow Border
Index Within 1% of Acceleration Threshold
(Monitor for acceleration opportunity)
🎯🎯 Bright Green Border
Index Is ≥ Acceleration Threshold
(Reset Above Gets Max Cap)
Note: Acceleration ETFs can show multiple alerts simultaneously. For example, an ETF near its starting point may also be approaching its acceleration threshold.
✅ QTOC (3x Accelerated - No Buffer)     11 Days Until Reset
Fund Return: 18.85%  |  Index Return: 22.80%
QQQ Return to Achieve Cap: 6.57%  |  Remaining Cap: -0.02%
T-Bill Yield: 3.88%
✅ XBOC (2x Accelerated & 9% Buffer)     11 Days Until Reset
Fund Return: 10.40%  |  Index Return: 15.68%
SPY Return to Achieve Cap: 5.61%  |  Remaining Cap: -0.02%
T-Bill Yield: 3.88%
✅ XDQQ (2x Accelerated Quarterly)     11 Days Until Reset
Fund Return: 7.95%  |  Index Return: 8.65%
QQQ Return to Achieve Cap: 4.26%  |  Remaining Cap: 0.33%
Cap Yield: 11.61%  |  T-Bill Yield: 3.88%
✅ XDSQ (2x Accelerated Quarterly)     11 Days Until Reset
Fund Return: 6.37%  |  Index Return: 7.42%
SPY Return to Achieve Cap: 3.41%  |  Remaining Cap: 0.23%
Cap Yield: 8.30%  |  T-Bill Yield: 3.88%
✅ XTOC (3x Accelerated - No Buffer)     11 Days Until Reset
Fund Return: 13.38%  |  Index Return: 15.68%
SPY Return to Achieve Cap: 4.75%  |  Remaining Cap: -0.02%
T-Bill Yield: 3.88%
✅ QTJA (3x Accelerated - No Buffer)     103 Days Until Reset
Fund Return: 14.67%  |  Index Return: 17.24%
QQQ Return to Achieve Cap: 6.48%  |  Remaining Cap: 3.37%
Cap Yield: 12.72%  |  T-Bill Yield: 3.88%
✅ XBJA (2x Accelerated & 9% Buffer)     103 Days Until Reset
Fund Return: 8.42%  |  Index Return: 13.25%
SPY Return to Achieve Cap: 5.85%  |  Remaining Cap: 2.24%
Cap Yield: 8.72%  |  T-Bill Yield: 3.88%
✅ XTJA (3x Accelerated - No Buffer)     103 Days Until Reset
Fund Return: 10.62%  |  Index Return: 13.25%
SPY Return to Achieve Cap: 4.88%  |  Remaining Cap: 2.84%
Cap Yield: 10.84%  |  T-Bill Yield: 3.88%
✅ QTAP (3x Accelerated - No Buffer)     193 Days Until Reset
Fund Return: 15.28%  |  Index Return: 27.81%
QQQ Return to Achieve Cap: 7.05%  |  Remaining Cap: 4.30%
Cap Yield: 8.93%  |  T-Bill Yield: 3.88%
✅ XBAP (2x Accelerated & 9% Buffer)     193 Days Until Reset
Fund Return: 8.09%  |  Index Return: 18.65%
SPY Return to Achieve Cap: 6.39%  |  Remaining Cap: 3.54%
Cap Yield: 7.49%  |  T-Bill Yield: 3.88%
✅ XTAP (3x Accelerated - No Buffer)     193 Days Until Reset
Fund Return: 10.98%  |  Index Return: 18.65%
SPY Return to Achieve Cap: 5.55%  |  Remaining Cap: 4.32%
Cap Yield: 8.96%  |  T-Bill Yield: 3.88%
✅ QTJL (3x Accelerated - No Buffer)     284 Days Until Reset
Fund Return: 6.56%  |  Index Return: 8.65%
QQQ Return to Achieve Cap: 6.33%  |  Remaining Cap: 10.88%
Cap Yield: 14.77%  |  T-Bill Yield: 3.88%
✅ XBJL (2x Accelerated & 9% Buffer)     284 Days Until Reset
Fund Return: 3.98%  |  Index Return: 7.42%
SPY Return to Achieve Cap: 5.94%  |  Remaining Cap: 6.81%
Cap Yield: 9.54%  |  T-Bill Yield: 3.88%
✅ XTJL (3x Accelerated - No Buffer)     284 Days Until Reset
Fund Return: 5.30%  |  Index Return: 7.43%
SPY Return to Achieve Cap: 5.05%  |  Remaining Cap: 8.57%
Cap Yield: 11.80%  |  T-Bill Yield: 3.88%

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 Specific Disclosures are available at Innovatoretfs.com

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

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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.

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