Outcome Radar - July 14, 2026

Today's analysis: 46 near entry, 0 near acceleration, 32 near cap. Total 84 signals.

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Outcome Radar - Nightly Defined Outcome Intelligence - July 14, 2026

HOW TO USE THIS REPORT

A quick walkthrough of every feature in your nightly Outcome Radar™ report
Step 1 of 8

Welcome to Outcome Radar

Every night, Outcome Radar™ scans its tracked universe of Defined Outcome ETFs and organizes the results into consistent research states.

Five fund providers are tracked and color-coded throughout:

Innovator™ First Trust™ AllianzIM™ TrueShares™ iShares™
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
📡
OUTCOME RADAR
NIGHTLY DEFINED OUTCOME INTELLIGENCE
Step 2 of 8

The Stats Bar & Market Data

Six key numbers at the top summarize the report’s current classifications.

Target / Extended Range reports how many ETFs are trading near their original starting-price ranges. The current modeled Remaining Cap and Remaining Buffer columns show each fund’s present values. Near Cap identifies funds approaching their ceiling.

Quiet Funds <30 Days counts funds resetting within 30 days that carry no current Target / Extended Range or Near Cap classification — quiet means no signal, not low risk.

Below that, T-Bill yields are your risk-free benchmark, and Implied Volatility shows conditions for each tracked index.

Note: A higher Target / Extended Range count indicates a larger volume of funds currently trading near baseline outcome-period parameters.
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
317
ETFs Analyzed
46
Target / Extended
6
Uncapped Target
0
Accel Range
32
Near Cap
4
Quiet Funds <30d
Step 3 of 8

Filters & Search Tools

The toolbar provides filtering controls. All filters work in combination to narrow the displayed results.

Provider — Toggle Innovator™, First Trust™, AllianzIM™, TrueShares™, or iShares™ on/off.

Status — Target Range, Extended Range, Modeled Acceleration Range, Near Cap, and Mid-Period.

Period — Quarterly, Semi-Annual, Annual, or 2-Year.

Full Sweep / Quick Scan — Toggle on the right side of the toolbar. Full Sweep (default) shows every column. Quick Scan hides secondary metrics so only Status, Ticker, Provider, Days, and Cap Yield remain.

Ticker search in the toolbar finds any ETF by symbol — even funds in the collapsed Mid-Period Funds section.

Coverage note: If an ETF is not in a flagged classification, it still appears in the Mid-Period Funds section at the bottom of each tab — every ticker is searchable.
View note: Quick Scan can be combined with the Target and Extended Range filters to display a reduced set of current classifications.
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
Provider
Innovator™ × First Trust™ × AllianzIM™ × TrueShares™ × iShares™ ×
Status
✓ Target Range ✓ Extended Range
🔍 Search ticker
Step 4 of 8

The Executive Summary

At the top of every tab you’ll see a small Executive Summary pill. Click it to expand a one-paragraph, plain-English read on what’s happening in that tab tonight.

The summary is produced each night from the numbers in the tab — how many funds sit in Target/Extended Range, how many are Near Cap, how much time is left, and how the remaining funds are distributed across the outcome period. It’s descriptive, not prescriptive.

Every summary ends with the same line, shown on its own row in bold italics:

For informational purposes, not investment advice.
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
📝 Executive Summary

6 of 48 annual-cycle funds are Near Cap and approaching the top of their current payoff curves. 1 fund is in Target/Extended Range with its current modeled Remaining Cap and Remaining Buffer reported below; the remaining 41 are mid-period.

For informational purposes, not investment advice.

Step 5 of 8

The Target / Extended Range Table

This is the report’s starting-parameter research section. ETFs here are near their outcome-period starting bands. Use the current Remaining Cap and Remaining Buffer columns for the fund-specific modeled values.

Click any column header to sort. Sorting by Distance from Target Range displays each fund’s current distance alongside its Cap Yield and Asymmetry values.

Column reference: Cap yield is the annualized remaining cap; Modeled Probability % is a model-based estimate; DBB (Downside Before Buffer) measures how far the index can fall before buffer absorption begins.
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
🎯 Target / Extended Range 50
StatusTickerCap YldRem. Cap
ExtendedKJAN~20.8%~15.2%
TargetIJAN~17.9%~13.5%
Step 6 of 8

ETF Outcome Profiler

All calculations are estimates and are net of fund fees.

Click any ETF row to open a slide-in detail panel showing the complete picture.

Outcome Profile Chart — One amber payoff line showing the modeled period-end fund return at each index-return point. Colored bands mark the Target Range, Extended Range, and Loss Zone. The white NOW dot marks today’s index level on the curve and visually indicates the current cap and buffer state.

Current Structural Note — A one-line factual summary under the chart, based on the product type and current modeled values. Near Cap funds are labeled as a Near cap condition; the publication does not identify a replacement ticker.

Provider Link — Direct link to the fund’s page for the full factsheet.

Close the panel with the × button, clicking outside, or pressing Escape.
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
IMAR
Innovator ETFs™ · EFA – 15% Buffer Annual
✓ Target Range
Modeled Outcome Profile at Expiration
~-23% ~-13.4% ~0% ~13.7% ~18% Fund Return (%) Index Return (%)
Buffer~-13.4%
Start~0%
Cap~+13.7%
Below Buffer
Buffer Zone
Cap Ceiling
Target Range
Fund (now)
Index (now)
Current Structural Note ~14.2% modeled buffer remaining · ~13.7% remaining cap · 320 days to reset
~0%
% Cap Used
~0%
% Buffer Used
~15.6%
Cap Yield
13.7%
Rem. Cap
13.4%
Rem. Buffer
320
Days Left
Step 7 of 8

Intelligence Dashboard

Near the top of the report, below the Nightly Research Briefing, the Intelligence Dashboard collects several comparison views in one place. Every ticker is clickable — clicking jumps to that ETF’s row.

Top 10 Widget — One box, three views. Use the dropdown in the widget header to switch:

Closest to Target Range (default) — The 10 ETFs trading closest to their target range. In Range means currently inside that band for the period type. Amber = within 0.25% of the band; red = further away.

Asymmetry Ratio — Modeled upside relative to modeled downside on a standardized ±10% index move. A higher ratio indicates more upside than downside in that specific scenario; it is not a recommendation. Funds with under 30 days left or non-standard structures are excluded.

Top Cap Yield — The 10 ETFs with the highest annualized remaining cap. Normalizes time horizons so a 60-day fund can be compared to a 300-day one.

Upcoming Resets & Watchlist — Tabbed widget. Resets displays ETFs with scheduled resets within 8 days. Watchlist stores up to 10 display selections with current classification, cap, buffer, yield, and days. It changes presentation only and does not alter calculations or classifications.

Volume Traded — Treemap of the 10 most actively traded ETFs from the prior session, sized by volume. Click any tile to jump straight to that ETF’s row.

Implied Volatility — Weekly VIX, VXN, and RVX history with current broker-derived readings. Volatility can affect option premiums and future reset terms, but it does not determine them by itself.

Outcome Radar™ is for informational & educational purposes only. Not investment advice.
TOP 10
Closest to Target Range ▾
IMARIn Range
KJAN+0.18%
FOCT+0.31%
UPCOMING RESETS
WATCHLIST
SMAY3 days
QSPT7 days
VOLUME TRADED (PRIOR SESSION)
IMAR
SMAY
FOCT
KJAN
QSPT
Step 8 of 8

Report Navigation Summary

This reference sequence follows the report from top to bottom:

1. Read the Nightly Research Briefing — confirm the data date and review what changed.

2. Check the Intelligence Dashboard — compare Target Range distance, asymmetry, cap yield, resets, volume, watchlist, and volatility context.

3. Review the Stats Bar and open a strategy tab.

4. Use filters or ticker search, then review Target / Extended Range, Near Cap, and Mid-Period Funds.

5. Open an ETF Outcome Profiler — review the modeled payoff, current metrics, and Current Structural Note.

6. Save your preferred layout so the next report opens the same way.

Data refresh: The report rebuilds nightly around 11 PM, Monday through Friday on non-holiday days. If you open it before that window, you’re looking at the prior session’s data.
Close this tutorial and use the graduation-cap button to reopen it. The information button opens the detailed How to Use guide, and the ? button opens the glossary.
Outcome Radar™ is for informational & educational purposes only. Not investment advice.
REFERENCE COMPLETE
Close this overlay to return to the report.
317
ETFs Analyzed
46
Target / Extended
6
Uncapped Target
0
Accel Range
32
Near Cap
4
Quiet Funds <30 Days
1 Mo T-Bill
3.73%
3 Mo T-Bill
3.89%
6 Mo T-Bill
4.03%
12 Mo T-Bill
4.12%
SPY IV
13.9%
QQQ IV
24.3%
IWM IV
20.4%
EFA IV
15.9%
EEM IV
35.4%
RSP IV
12.7%
Provider
Innovator × First Trust × AllianzIM × TrueShares × iShares ×
Status
✓ Target Range × ✓ Extended Range × ✓ Target / Extended × ⚡ Uncapped × Accel Range × Near Cap ×
Period
✓ Quarterly × ✓ Semi-Annual × ✓ Annual × ✓ 2-Year ×
General, impersonal research. Not individualized advice or a recommendation. Modeled values are estimates and may differ from realized outcomes. Filters, saved layouts, and watchlist selections change display preferences only; they do not alter calculations, classifications, or report content.
Showing all ETFs
Nightly Research Briefing
Data as of 2026-07-14 · Generated July 14, 2026 11:17 PM
46
Target / Extended
6
Uncapped Target
0
Accel Range
32
Near Cap
4
Quiet Funds <30 Days
What Changed Since Yesterday
  • New Target/Extended Range: DDNQ, DQJN, QJUN
  • New Near Cap: FAUG, NSEP
  • Signals No Longer Active: ARLU, BALT, DDSQ, KJUN, MAYU, QBIF, ZALT
Intelligence Dashboard

Closest to Target Range

Fund return target for standard buffers; index return target for first-loss/gap buffers Target Range
# Ticker Basis Ret. Target Band Days Distance
1 KJUL Fund -0.79% -1.29% to -0.29% 351d In Range
2 QBIV Fund -0.17% -0.45% to +0.05% 78d In Range
3 RBUF Fund -0.32% -0.45% to +0.05% 78d In Range
4 JNEU Fund -0.63% -1.29% to -0.29% 321d In Range
5 QBUF Fund -0.41% -0.45% to +0.05% 78d In Range
6 QBQF Index -2.26% -3.50% to -1.50% 78d In Range
7 NJUL Fund -1.07% -1.29% to -0.29% 351d In Range
8 NJUN Fund -1.20% -1.29% to -0.29% 321d In Range
9 JUNZ Fund -0.37% -1.29% to -0.29% 322d In Range
10 QJUN Fund -1.27% -1.29% to -0.29% 338d In Range

Asymmetry Ratio

Fund upside ÷ downside on a ±10% index move · 0.50% floor ±10% Index
# Ticker Idx Ret. Up 10% Dn 10% Ratio
1 TDEC +22.2% +8.3% -0.5% 16.5x
2 NMAR +18.5% +6.9% -0.5% 13.8x
3 QMAR +23.6% +7.9% -0.6% 13.6x
4 EJAN +20.0% +6.8% -0.5% 13.5x
5 QMFE +18.2% +6.3% -0.5% 12.3x
6 NAPR +24.7% +6.6% -0.6% 11.7x
7 NJUN -2.5% +8.0% -0.7% 11.5x
8 JUNW -0.6% +8.6% -0.8% 11.2x
9 YJUN -0.4% +8.8% -0.8% 11.2x
10 KJUL -2.0% +8.1% -0.8% 10.6x

Top Cap Yield

Rem. Cap ÷ Days × 365 · Min 30 days Annualized
# Ticker Rem. Cap Days Yield
1 BGLD +15.15% 48d 115.2%
2 XDQQ +12.92% 78d 60.5%
3 EBUF +10.49% 78d 49.1%
4 QBQV +10.40% 78d 48.7%
5 TJUN +44.96% 338d 48.5%
6 QBKV +9.47% 78d 44.3%
7 DDNQ +7.92% 78d 37.1%
8 EJUL +32.53% 351d 33.8%
9 QBUF +6.21% 78d 29.1%
10 TWOX +6.04% 78d 28.3%
DHDG3d
FT+0.12%
DJUL3d
FT0.00%
FJUL3d
FT0.00%
GJUL3d
FT0.00%
JULM3d
FT0.00%
QCJL3d
FT+0.04%
XJUL3d
FT0.00%
Volume Traded 2026-07-14
#1DHDG2.00MFT · SPY
#2KNOV1.99MINNV · IWM
#3KJUL1.87MINNV · IWM
#4ZALT1.69MINNV · SPY
#5RSDE1.62MFT · RSP
#6RSJN1.50MFT · RSP
#7PJUL636.0KINNV · SPY
#8PNOV531.8KINNV · SPY
#9BALT415.9KINNV · SPY
#10DQJN343.1KFT · QQQ
0 / 10
Add up to 10 tickers to track

Implied Volatility — Option Premium Context

1Y Weekly History
VIX 13.92 -5% vs avg VXN 24.34 +21% above avg Higher option-premium environment for QQQ RVX 20.39 -7% vs avg
Historical index series; latest broker IV snapshot: 2026-07-13. Gaps indicate unavailable observations.
🎯 🎯 Target / Extended Range 6
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
QJUN Target Range First Trust
QQQ · 10% Buffer Annual
buf ~7.8%cap ~25.7%
~25.7% ~7.8% ~27.7% 338 0.0% ~7%
BJUN Extended Range Innovator
SPY · 9% Buffer Annual
buf ~7.6%cap ~17.2%
~17.2% ~7.6% ~19.6% 321 ~-0.8% ~16%
JUNT Extended Range AllianzIM
SPY · 10% Buffer Annual
buf ~8.6%cap ~16.7%
~16.7% ~8.6% ~19.0% 321 ~-0.8% ~17%
BJUL Extended Range Innovator
SPY · 9% Buffer Annual
buf ~8.3%cap ~16.7%
~16.7% ~8.3% ~17.4% 351 ~-1.3% ~19%
JULT Extended Range AllianzIM
SPY · 10% Buffer Annual
buf ~9.4%cap ~16.0%
~16.0% ~9.4% ~16.7% 351 ~-1.2% ~20%
FJUN Extended Range First Trust
SPY · 10% Buffer Annual
buf ~9.1%cap ~14.8%
~14.8% ~9.1% ~16.0% 338 ~-1.5% ~21%
Sort by:
QJUN 10% Buffer
Annual
Target
Range
BJUN 9% Buffer
Annual
Extended
Range
JUNT 10% Buffer
Annual
Extended
Range
BJUL 9% Buffer
Annual
Extended
Range
JULT 10% Buffer
Annual
Extended
Range
FJUN 10% Buffer
Annual
Extended
Range
▲ Near Cap 5
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
FJUL Near Cap First Trust
SPY · 10% Buffer Annual
buf ~12.0%cap ~0.0%
~0.0% ~12.0% ~0.0% 3 ~-12.9% >95%
AUGT Near Cap AllianzIM
SPY · 10% Buffer Annual
buf ~11.6%cap ~0.8%
~0.8% ~11.6% ~16.5% 17 ~-12.7% ~81%
BAUG Near Cap Innovator
SPY · 9% Buffer Annual
buf ~10.1%cap ~0.5%
~0.5% ~10.1% ~11.6% 17 ~-13.4% ~78%
FAUG Near Cap First Trust
SPY · 10% Buffer Annual
buf ~11.4%cap ~1.2%
~1.2% ~11.4% ~11.7% 38 ~-11.6% ~70%
TENJ Near Cap iShares
IVV · 10% Buffer Annual
buf ~9.2%cap ~0.2%
~0.2% ~9.2% ~0.9% 99 ~-10.4% ~53%
Sort by:
FJUL 10% Buffer
Annual
Near Cap
AUGT 10% Buffer
Annual
Near Cap
BAUG 9% Buffer
Annual
Near Cap
FAUG 10% Buffer
Annual
Near Cap
TENJ 10% Buffer
Annual
Near Cap
🎯 💎 Target / Extended Range 12
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
NJUN Target Range Innovator
QQQ · 15% Buffer Annual
buf ~13.2%cap ~19.1%
~19.1% ~13.2% ~21.7% 321 0.0% ~13%
NJUL Target Range Innovator
QQQ · 15% Buffer Annual
buf ~13.3%cap ~20.5%
~20.5% ~13.3% ~21.3% 351 0.0% ~13%
KJUL Target Range Innovator
IWM · 15% Buffer Annual
buf ~13.3%cap ~19.7%
~19.7% ~13.3% ~20.4% 351 0.0% ~13%
IMAR Extended Range Innovator
EFA · 15% Buffer Annual
buf ~12.3%cap ~12.2%
~12.2% ~12.3% ~19.4% 229 ~-1.6% ~17%
QMMY Extended Range First Trust
QQQ · 15% Buffer Annual
buf ~14.4%cap ~15.6%
~15.6% ~14.4% ~18.3% 311 ~-1.9% ~20%
IJUL Extended Range Innovator
EFA · 15% Buffer Annual
buf ~13.9%cap ~15.7%
~15.7% ~13.9% ~16.3% 351 ~-1.1% ~20%
IJUN Extended Range Innovator
EFA · 15% Buffer Annual
buf ~12.9%cap ~14.2%
~14.2% ~12.9% ~16.2% 321 ~-1.4% ~19%
YJUN Extended Range First Trust
EFA · 15% Buffer Annual
buf ~13.7%cap ~13.8%
~13.8% ~13.7% ~14.9% 338 ~-0.9% ~22%
PJUN Extended Range Innovator
SPY · 15% Buffer Annual
buf ~13.6%cap ~12.9%
~12.9% ~13.6% ~14.6% 321 ~-0.9% ~23%
PJUL Extended Range Innovator
SPY · 15% Buffer Annual
buf ~14.4%cap ~12.8%
~12.8% ~14.4% ~13.3% 351 ~-1.2% ~25%
GJUN Extended Range First Trust
SPY · 15% Buffer Annual
buf ~14.1%cap ~11.8%
~11.8% ~14.1% ~12.8% 338 ~-1.4% ~26%
XJUN Extended Range First Trust
SPY · 15% Buffer Annual
buf ~14.3%cap ~9.7%
~9.7% ~14.3% ~10.5% 338 ~-1.3% ~30%
Sort by:
NJUN 15% Buffer
Annual
Target
Range
NJUL 15% Buffer
Annual
Target
Range
KJUL 15% Buffer
Annual
Target
Range
IMAR 15% Buffer
Annual
Extended
Range
QMMY 15% Buffer
Annual
Extended
Range
IJUL 15% Buffer
Annual
Extended
Range
IJUN 15% Buffer
Annual
Extended
Range
YJUN 15% Buffer
Annual
Extended
Range
PJUN 15% Buffer
Annual
Extended
Range
PJUL 15% Buffer
Annual
Extended
Range
GJUN 15% Buffer
Annual
Extended
Range
XJUN 15% Buffer
Annual
Extended
Range
▲ Near Cap 11
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
XJUL Near Cap First Trust
SPY · 15% Buffer Annual
buf ~19.7%cap ~0.0%
~0.0% ~19.7% ~0.0% 3 ~-9.3% >95%
GJUL Near Cap First Trust
SPY · 15% Buffer Annual
buf ~18.1%cap ~0.0%
~0.0% ~18.1% ~0.0% 3 ~-10.9% >95%
KAUG Near Cap Innovator
IWM · 15% Buffer Annual
buf ~22.0%cap ~0.3%
~0.3% ~22.0% ~6.0% 17 ~-14.7% >95%
NAUG Near Cap Innovator
QQQ · 15% Buffer Annual
buf ~20.6%cap ~0.4%
~0.4% ~20.6% ~9.2% 17 ~-12.7% >95%
SAUG Near Cap First Trust
IWM · 15% Buffer Annual
buf ~20.4%cap ~0.7%
~0.7% ~20.4% ~6.3% 38 ~-14.1% >95%
NSEP Near Cap Innovator
QQQ · 15% Buffer Annual
buf ~21.3%cap ~1.1%
~1.1% ~21.3% ~8.7% 48 ~-11.4% >95%
QMAG Near Cap First Trust
QQQ · 15% Buffer Annual
buf ~20.3%cap ~1.0%
~1.0% ~20.3% ~9.7% 38 ~-11.5% >95%
PAUG Near Cap Innovator
SPY · 15% Buffer Annual
buf ~17.8%cap ~0.3%
~0.3% ~17.8% ~7.3% 17 ~-10.8% ~93%
KSEP Near Cap Innovator
IWM · 15% Buffer Annual
buf ~18.5%cap ~1.4%
~1.4% ~18.5% ~10.9% 48 ~-13.7% ~87%
XAUG Near Cap First Trust
SPY · 15% Buffer Annual
buf ~18.5%cap ~0.5%
~0.5% ~18.5% ~5.2% 38 ~-8.8% ~87%
GAUG Near Cap First Trust
SPY · 15% Buffer Annual
buf ~17.3%cap ~0.9%
~0.9% ~17.3% ~9.0% 38 ~-9.9% ~80%
Sort by:
XJUL 15% Buffer
Annual
Near Cap
GJUL 15% Buffer
Annual
Near Cap
KAUG 15% Buffer
Annual
Near Cap
NAUG 15% Buffer
Annual
Near Cap
SAUG 15% Buffer
Annual
Near Cap
NSEP 15% Buffer
Annual
Near Cap
QMAG 15% Buffer
Annual
Near Cap
PAUG 15% Buffer
Annual
Near Cap
KSEP 15% Buffer
Annual
Near Cap
XAUG 15% Buffer
Annual
Near Cap
GAUG 15% Buffer
Annual
Near Cap
🎯 💪 Target / Extended Range 4
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
JUNW Extended Range AllianzIM
SPY · 20% Buffer Annual
buf ~18.6%cap ~11.2%
~11.2% ~18.6% ~12.7% 321 ~-0.8% ~25%
JULW Extended Range AllianzIM
SPY · 20% Buffer Annual
buf ~19.6%cap ~11.2%
~11.2% ~19.6% ~11.6% 351 ~-1.0% ~28%
JUNM Extended Range First Trust
SPY · 50% Buffer Annual
buf ~98.8%cap ~6.2%
~6.2% ~98.8% ~6.7% 338 ~-1.1% ~38%
MAYM Extended Range First Trust
SPY · 50% Buffer Annual
buf ~98.7%cap ~5.6%
~5.6% ~98.7% ~6.6% 311 ~-1.3% ~40%
Sort by:
JUNW 20% Buffer
Annual
Extended
Range
JULW 20% Buffer
Annual
Extended
Range
JUNM 50% Buffer
Annual
Extended
Range
MAYM 50% Buffer
Annual
Extended
Range
▲ Near Cap 7
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
QCJL Near Cap First Trust
QQQ · 20% Buffer Annual
buf ~26.8%cap ~0.0%
~0.0% ~26.8% ~4.9% 3 ~-10.9% >95%
JULM Near Cap First Trust
SPY · 50% Buffer Annual
buf ~65.3%cap ~0.0%
~0.0% ~65.3% ~0.0% 3 ~-6.7% >95%
DJUL Near Cap First Trust
SPY · 25% Buffer Annual
buf ~26.2%cap ~0.0%
~0.0% ~26.2% ~0.0% 3 ~-15.4% >95%
AUGW Near Cap AllianzIM
SPY · 20% Buffer Annual
buf ~23.2%cap ~0.3%
~0.3% ~23.2% ~7.1% 17 ~-9.6% >95%
UAUG Near Cap Innovator
SPY · 30% Ultra Buffer
buf ~30.6%cap ~0.3%
~0.3% ~30.6% ~6.9% 17 ~-14.8% ~94%
DAUG Near Cap First Trust
SPY · 25% Buffer Annual
buf ~25.5%cap ~0.9%
~0.9% ~25.5% ~8.6% 38 ~-14.6% ~80%
AUGM Near Cap First Trust
SPY · 60% Buffer Annual
buf ~56.6%cap ~0.5%
~0.5% ~56.6% ~4.8% 38 ~-6.2% ~57%
Sort by:
QCJL 20% Buffer
Annual
Near Cap
JULM 50% Buffer
Annual
Near Cap
DJUL 25% Buffer
Annual
Near Cap
AUGW 20% Buffer
Annual
Near Cap
UAUG 30% Ultra
Buffer
Near Cap
DAUG 25% Buffer
Annual
Near Cap
AUGM 60% Buffer
Annual
Near Cap
🎯 ⚡ Target / Extended Range 6
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Thresh. Days DBB Prob. View
JANI Target Range AllianzIM
EFA · 15% Uncapped Buffer
buf ~14.6%Uncapped
Uncapped ~14.6% ~2.4% Spread 170 ~-3.0% N/A
JNEU Target Range AllianzIM
SPY · 15% Uncapped Buffer
buf ~14.3%Uncapped
Uncapped ~14.3% ~4.3% Spread 321 ~-0.1% N/A
JUNZ Target Range TrueShares
SPY · 10% Uncapped Buffer
buf ~9.0%Uncapped
Uncapped ~9.0% ~75% Partic. 322 ~-0.4% N/A
JULI Extended Range AllianzIM
EFA · 15% Uncapped Buffer
buf ~14.2%Uncapped
Uncapped ~14.2% ~3.2% Spread 351 ~-0.8% N/A
JULU Extended Range AllianzIM
SPY · 15% Uncapped Buffer
buf ~14.3%Uncapped
Uncapped ~14.3% ~4.1% Spread 351 ~-1.1% N/A
JULZ Extended Range TrueShares
SPY · 10% Uncapped Buffer
buf ~9.4%Uncapped
Uncapped ~9.4% ~75% Partic. 352 ~-1.2% N/A
Sort by:
JANI 15%
Uncapped Buffer
Target
Range
JNEU 15%
Uncapped Buffer
Target
Range
JUNZ 10%
Uncapped Buffer
Target
Range
JULI 15%
Uncapped Buffer
Extended
Range
JULU 15%
Uncapped Buffer
Extended
Range
JULZ 10%
Uncapped Buffer
Extended
Range
🎯 🛡 Target / Extended Range 6
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
AJUL Target Range Innovator
VOO · 100% Protection
buf ~98.3%cap ~16.6%
~16.6% ~98.3% ~8.5% 717 ~-1.7% ~28%
ZJUN Target Range Innovator
VOO · 100% Protection
buf ~99.1%cap ~7.1%
~7.1% ~99.1% ~8.1% 321 ~-0.9% ~33%
ZJUL Target Range Innovator
VOO · 100% Protection
buf ~99.0%cap ~7.4%
~7.4% ~99.0% ~7.7% 351 ~-1.0% ~35%
MAXJ Extended Range iShares
IVV · 100% Protection
buf ~99.2%cap ~7.2%
~7.2% ~99.2% ~7.5% 351 ~-0.8% ~36%
JAJL Extended Range Innovator
VOO · 100% Protection
buf ~99.2%cap ~3.3%
~3.3% ~99.2% ~7.1% 170 ~-0.8% ~41%
AIOO Extended Range AllianzIM
SPY · 100% Protection
buf ~99.7%Uncapped
Uncapped ~99.7% ~24% Partic. 78 ~-0.3% N/A
Sort by:
AJUL 100%
Protection
Target
Range
ZJUN 100%
Protection
Target
Range
ZJUL 100%
Protection
Target
Range
MAXJ 100%
Protection
Extended
Range
JAJL 100%
Protection
Extended
Range
AIOO 100%
Protection
Extended
Range
▲ Near Cap 2
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
ZAUG Near Cap Innovator
SPY · 100% Protection
buf ~93.4%cap ~0.3%
~0.3% ~93.4% ~6.0% 17 ~-6.6% >95%
AOCT Near Cap Innovator
SPY · 100% Protection
buf ~89.2%cap ~1.1%
~1.1% ~89.2% ~5.0% 78 ~-10.8% >95%
Sort by:
ZAUG 100%
Protection
Near Cap
AOCT 100%
Protection
Near Cap
🎯 ↔ Target / Extended Range 6
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
DQJN Target Range First Trust
QQQ · Dual Direction 10% Annual
buf ~7.6%cap ~21.8%
~21.8% ~7.6% ~23.5% 338 0.0% ~15%
DDNQ Extended Range Innovator
QQQ · Dual Direction 5% Quarterly
buf ~3.2%cap ~7.9%
~7.9% ~3.2% ~37.1% 78 0.0% ~21%
DDTZ Extended Range Innovator
VOO · Dual Direction 10% Annual
buf ~8.0%cap ~13.8%
~13.8% ~8.0% ~15.7% 321 ~-1.5% ~25%
DDTL Extended Range Innovator
VOO · Dual Direction 10% Annual
buf ~9.4%cap ~14.1%
~14.1% ~9.4% ~14.6% 351 ~-1.1% ~25%
DDFZ Extended Range Innovator
VOO · Dual Direction 15% Annual
buf ~13.0%cap ~9.1%
~9.1% ~13.0% ~10.4% 321 ~-1.5% ~33%
DDFL Extended Range Innovator
VOO · Dual Direction 15% Annual
buf ~14.4%cap ~9.8%
~9.8% ~14.4% ~10.1% 351 ~-1.2% ~32%
Sort by:
DQJN Dual
Direction 10% Annual
Target
Range
DDNQ Dual
Direction 5% Quarterly
Extended
Range
DDTZ Dual
Direction 10% Annual
Extended
Range
DDTL Dual
Direction 10% Annual
Extended
Range
DDFZ Dual
Direction 15% Annual
Extended
Range
DDFL Dual
Direction 15% Annual
Extended
Range
▲ Near Cap 3
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
DDFS Near Cap Innovator
SPY · Dual Direction 15% Annual
buf ~19.1%cap ~0.7%
~0.7% ~19.1% ~5.2% 48 ~-8.0% ~47%
DDTS Near Cap Innovator
SPY · Dual Direction 10% Annual
buf ~12.4%cap ~1.1%
~1.1% ~12.4% ~8.4% 48 ~-10.4% ~44%
DLAG Near Cap First Trust
SPY · Dual Direction 10% Annual
buf ~11.9%cap ~1.2%
~1.2% ~11.9% ~11.3% 38 ~-8.7% ~43%
Sort by:
DDFS Dual
Direction 15% Annual
Near Cap
DDTS Dual
Direction 10% Annual
Near Cap
DLAG Dual
Direction 10% Annual
Near Cap
🎯 📅 Target / Extended Range 8
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
QBUF Target Range Innovator
QQQ · 10% Buffer Quarterly
buf ~8.1%cap ~6.2%
~6.2% ~8.1% ~29.1% 78 0.0% ~21%
QBIV Target Range AllianzIM
EFA · 5% Buffer Quarterly
buf ~5.0%cap ~5.4%
~5.4% ~5.0% ~25.1% 78 ~-0.0% ~30%
RBUF Target Range Innovator
IWM · 10% Buffer Quarterly
buf ~8.3%cap ~5.0%
~5.0% ~8.3% ~23.6% 78 0.0% ~25%
QBQF Target Range AllianzIM
QQQ · 15% Buffer Quarterly
buf ~13.2%cap ~4.5%
~4.5% ~13.2% ~21.0% 78 0.0% ~26%
QBKF Target Range AllianzIM
IWM · 15% Buffer Quarterly
buf ~13.4%cap ~3.8%
~3.8% ~13.4% ~17.6% 78 0.0% ~29%
SIXD Extended Range AllianzIM
SPY · 10% Buffer 6-Month
buf ~8.5%cap ~7.1%
~7.1% ~8.5% ~18.6% 139 ~-0.9% ~24%
SIXJ Extended Range AllianzIM
SPY · 10% Buffer 6-Month
buf ~9.7%cap ~7.2%
~7.2% ~9.7% ~15.5% 170 ~-0.9% ~30%
IBUF Extended Range Innovator
EFA · 10% Buffer Quarterly
buf ~9.6%cap ~3.2%
~3.2% ~9.6% ~14.8% 78 ~-0.4% ~37%
Sort by:
QBUF 10% Buffer
Quarterly
Target
Range
QBIV 5% Buffer
Quarterly
Target
Range
RBUF 10% Buffer
Quarterly
Target
Range
QBQF 15% Buffer
Quarterly
Target
Range
QBKF 15% Buffer
Quarterly
Target
Range
SIXD 10% Buffer
6-Month
Extended
Range
SIXJ 10% Buffer
6-Month
Extended
Range
IBUF 10% Buffer
Quarterly
Extended
Range
▲ Near Cap 1
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
DHDG Near Cap First Trust
SPY · 12% Buffer Quarterly
buf ~13.3%cap ~0.1%
~0.1% ~13.3% ~14.6% 3 ~-6.4% ~79%
Sort by:
DHDG 12% Buffer
Quarterly
Near Cap
🚀 Accelerated — Target Range 4
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
XDQQ Accel Range Innovator
QQQ · 2x Accelerated
buf ~0.0%cap ~12.9%
~12.9% ~0.0% ~60.5% 78 ~15%
QTJL Accel Range Innovator
QQQ · 3x Accelerated
buf ~0.0%cap ~25.9%
~25.9% ~0.0% ~26.9% 351 ~30%
XBJL Accel Range Innovator
VOO · 2x Accelerated
buf ~9.0%cap ~12.6%
~12.6% ~9.0% ~13.1% 351 0.0% ~30%
XTJL Accel Range Innovator
VOO · 2x Accelerated
buf ~0.0%cap ~16.0%
~16.0% ~0.0% ~16.6% 351 ~30%
Sort by:
XDQQ 2x
Accelerated
Accel Range
QTJL 3x
Accelerated
Accel Range
XBJL 2x
Accelerated
Accel Range
XTJL 2x
Accelerated
Accel Range
▲ Accelerated — Near Cap 3
Fund ◀ Buffer  ·  Cap ▶ Rem.
Cap
Rem.
Buf
Ann.
Cap
Days DBB Prob. View
QTOC Near Cap Innovator
QQQ · 3x Accelerated
buf ~0.0%cap ~3.0%
~3.0% ~0.0% ~14.2% 78 ~65%
XBOC Near Cap Innovator
SPY · 2x Accelerated
buf ~9.0%cap ~1.9%
~1.9% ~9.0% ~9.1% 78 0.0% ~50%
XTOC Near Cap Innovator
SPY · 2x Accelerated
buf ~0.0%cap ~2.5%
~2.5% ~0.0% ~11.6% 78 ~50%
Sort by:
QTOC 3x
Accelerated
Near Cap
XBOC 2x
Accelerated
Near Cap
XTOC 2x
Accelerated
Near Cap

Independent Research & Trademark Notices

Innovator™, First Trust™, AllianzIM™, TrueShares™, and iShares™ (BlackRock) are trademarks of their respective owners. Outcome Radar is an independent research publication and is not affiliated with, sponsored by, or endorsed by these or any other fund providers.

This publication is provided for informational and educational purposes only and does not constitute personalized investment advice, a recommendation to buy or sell any security, or an offer of advisory services. Investment decisions should be made based on an investor’s specific objectives and risk tolerance.

All probability estimates are model-based, hypothetical, and are not predictive of future results. Mathematical observations are based on current market data and modeled outcomes at expiration; they do not account for intra-period volatility or secondary market liquidity.

© 2026 Outcome Radar LLC. All Rights Reserved.

Modeled Outcome Profile at Expiration
Below Buffer
Buffer Zone
Cap Ceiling
Target Range
Fund (now)
Index (now)
~0%
% Cap Used
~0%
% Buffer Used
~0%
Cap Yield
~0%
Rem. Cap
~0%
Rem. Buffer
0
Days Left
How to Use This Report
Quiet Funds (<30 Days)
The sixth number in the stats bar. It counts funds whose outcome period resets within the next 30 days but which are not currently classified as Target / Extended Range or Near Cap — i.e. they are heading into a reset without an active classification signal.

“Quiet” means no classification, not low volume and not low risk. A fund can be quiet and still move. These same funds are itemised in the ETFs Resetting Within 30 Days section further down the report, where you can see each one’s current classification.
Intelligence Dashboard
The collapsible dashboard at the top summarizes current report metrics. Click the Intelligence Dashboard bar to expand or collapse it. Every ticker and volume box in the dashboard is clickable — click it and the report automatically switches tabs, expands the corresponding section, and scrolls to that ETF’s row (which briefly flashes amber to identify the row).

Top 10 Widget (Dropdown Switcher) — A single box that holds three different “Top 10” views. Use the dropdown in the widget header to switch between them:
  • Closest to Target Range (default) — The 10 ETFs trading closest to their target range. An ETF showing In Range is currently inside that band for its period type (annual, 6-month, or quarterly). Amber means within 0.25% of the band; red is further away. Ranked by absolute distance from the band.
  • Asymmetry Ratio — Compares modeled upside with modeled downside on a standardized ±10% index move from today. A 5x ratio means the modeled gain is five times the modeled loss in that scenario. Higher values indicate greater modeled asymmetry, not a recommendation. Funds with fewer than 30 days remaining or non-standard structures are excluded.
  • Top Cap Yield — The 10 ETFs with the highest annualized remaining cap. Cap Yield normalizes different time horizons so a fund with 60 days left can be compared to one with 300 days left.

Upcoming Resets & Watchlist — A tabbed widget with two views:
  • Upcoming Resets — ETFs with scheduled resets within the next 8 days. At reset, the fund begins a new outcome period with newly established cap and buffer terms.
  • Watchlist — Pin up to 10 tickers as display selections. Each card shows the ETF’s current classification (Target Range, Extended Range, Near Cap, etc.), remaining cap, buffer, cap yield, and days to reset. Use the sort bar to reorder by Status, Days, Cap, or Yield. Click any card to jump to that ETF’s row. The watchlist is saved in the browser and changes presentation only; it does not alter calculations, classifications, or report content.

Volume Traded (Treemap) — The 10 most actively traded ETFs from the prior session, sized by volume. Click any box to jump directly to that ETF’s row.

Implied Volatility Chart — Weekly history for VIX (S&P 500), VXN (Nasdaq), and RVX (Russell 2000), with current end-of-day broker-derived readings. Volatility influences option premiums and may affect future reset caps, but the relationship is not one-for-one and the chart is not a timing signal. If historical data is temporarily unavailable, the report clearly labels the widget as a current snapshot rather than drawing an empty graph.
Tab Navigation
The report is organized into 8 tabs in this order: Standard 9%, Buffer 11-19%, Buffer 20%+, Uncapped, 100% Buffer, Dual Direction, 3&6 Month Buffers, and Specialty. Specialty includes accelerated products and other structures that do not fit the standard buffer tabs. Click a tab to see only the ETFs in that category.
Executive Summary (top of each tab)
Every tab opens with a small Executive Summary pill above the tables. Click it to expand a one-paragraph plain-English read on what’s happening in that tab tonight — how many funds sit in Target/Extended Range, how many are Near Cap, how much time remains, and how the rest of the tab is distributed. Language is descriptive, not prescriptive. Every summary ends with For informational purposes, not investment advice. on its own line.
Current Structural Note (under each chart)
When you open an ETF’s detail panel, the Current Structural Note sits just under the Outcome Profile chart. It is a factual line based on the product type and current modeled values — for example:
• Buffer funds in Target Range: “~14.2% modeled buffer remaining · ~13.7% remaining cap · 320 days to reset”
• Buffer funds Near Cap: “Near cap condition · ~0.8% remaining cap · 45 days to reset”
• Uncapped / Accelerated / Dual Direction / Floor / 100% Protection funds each get their own phrasing.
Reading the Outcome Profile Chart
The chart plots one amber payoff line (net of fund fees) against index return. Colored bands mark the Target Range (green), Extended Range (amber), and Loss Zone (red). The white NOW dot marks today’s index level on the payoff curve and visually indicates the current modeled cap and buffer state. Dashed vertical reference lines mark the BUFFER, START, and CAP levels.
Expand Report Sections
Within each tab, ETFs are grouped into Target / Extended Range (closest to original starting parameters), Near Cap (approaching the current period ceiling), and Mid-Period Funds (the remaining classifications for that buffer type). Click the section header to expand or collapse it. Near Cap sections start open to display current structural conditions; Mid-Period Funds starts collapsed.
Near Cap Funds
When an ETF is approaching its cap, the Current Structural Note shows “Near cap condition · [remaining cap] · [days] to reset.” This is a factual classification, not an instruction to trade. The publication does not identify a specific replacement ticker for any individual fund. The database and filters provide generally available comparisons by underlying index, buffer, period, and current metrics.
Compare Current Metrics
Click any column header on desktop to sort that section. On mobile, use the sort bar below each table. Distance from Target Range orders funds by proximity to the original starting-price range, Cap Yield orders the displayed annualized remaining-cap values, and Days orders scheduled reset timing.
Use Filters to Narrow Down
The provider, period, and status chips at the top let you isolate specific fund families, time horizons, or classification types. The ticker search box lets you jump directly to a specific ETF regardless of tab.
Save Your Layout
When viewing the report through Outcome Radar, a Save Layout button sits just above the report. It remembers which tab is active, which sections are open or collapsed, which filter chips are on, and which executive summaries are expanded. Reset Layout clears the saved view and returns the report to its default state. This subscriber-specific setting changes presentation only; it does not alter data, calculations, classifications, or substantive content.

View Details & Payoff Curves
Click "View" on any ETF row to open a side panel with the modeled payoff curve, key metrics, and current period visualization.
Toggle Quick Scan Mode
The Full Sweep / Quick Scan toggle at the top right changes the displayed columns. Quick Scan keeps Status, Ticker, Provider, Days, and Cap Yield while hiding secondary metrics.

Section Guide
Target / Extended Range — ETFs trading closest to their original starting-price range. Current modeled Remaining Cap and Remaining Buffer values are shown for each fund. Sorted by distance from target range.

Near Cap — ETFs nearing their maximum return for the current outcome period. Remaining upside is limited while downside exposure can remain; no replacement ticker is selected by the report.

Modeled Acceleration Range — Leveraged ETFs (2x/3x) classified by their current position relative to the modeled multiplier threshold and ceiling.

Dual Direction — ETFs with modeled participation in both positive and negative index moves.

Mid-Period Funds — The rest of the ETF universe for that tab’s buffer type. Collapsed by default — expand to see every fund with basic metrics.
Glossary of Terms
Remaining Cap (Rem. Cap)
The modeled fund return remaining before the current outcome-period ceiling. All values are net of fund fees.
Remaining Buffer (Rem. Buf)
The amount of modeled index-side decline still covered by the fund’s stated buffer before additional fund loss begins.
Days
Calendar days left until the outcome period resets. At reset, the fund starts a new cap and buffer cycle.
DBB (Downside Before Buffer)
The amount of fund loss before the buffer starts.
Cap Yield (Cap Yld)
The remaining cap expressed as an annualized return. Lets you compare ETFs with different time horizons on equal footing.
Modeled Probability %
A derived ratio expressing the option-market-implied likelihood that the underlying index will reach the cap level over the remaining outcome period. Calculated from current implied volatility and time remaining using a standard Black-Scholes model. This is a mathematical observation of what the options market currently implies, not a forecast, prediction, or recommendation by Outcome Radar. The value changes as market conditions change.
Target Range
The fund is trading closest to its original starting-price range after the fund fee. Current modeled Remaining Cap and Remaining Buffer values are shown separately in the report. The range is shown as the narrow green band on the Outcome Profile chart.
Extended Range
The fund is near, but slightly outside, the tightest starting-price range. Current modeled Remaining Cap and Remaining Buffer values are shown separately in the report. The range is shown as the wider amber band on the chart.
Near Cap
The fund is at or near its maximum return for the period. Little upside remains, but downside risk is still present.
Modeled Acceleration Range
The current modeled range around a leveraged ETF’s multiplier threshold. The classification describes the fund’s position relative to its threshold and ceiling; it is not a recommendation.
% Cap Used / % Buffer Used
How much of the original cap or buffer has already been consumed by index movement since the period started.
NOW Marker
The white dot on the Outcome Profile chart, positioned on the payoff curve at today’s index level. It visually marks the fund’s current modeled position.
Current Structural Note
The one-line factual strip under each chart that summarizes current modeled values in the context of the product type — e.g., “~14.2% modeled buffer remaining · ~13.7% remaining cap · 320 days to reset”.
Reset
The end of an outcome period. The fund closes out its current options package and opens a new period with a fresh cap and the same stated buffer.
Near Cap Condition
A factual classification used when a fund is at or near its current outcome-period ceiling. It is not an instruction to trade, and the report does not select a replacement ticker.
Implied Volatility (IV)
An options-market measure of expected variability, expressed as an annualized percentage. Outcome Radar shows current broker-derived readings and weekly VIX, VXN, and RVX history when available. IV can influence option premiums and future reset terms, but it is not a forecast or timing signal.
Executive Summary
The one-paragraph plain-English read at the top of each tab. Descriptive, not prescriptive; always ends with “For informational purposes, not investment advice.”
Save Layout
A per-user setting that remembers your preferred view of the report (active tab, open sections, filter chips, expanded summaries) and re-applies it every time you sign in. Available when viewing the report through Outcome Radar. Use the Save Layout button above the report to save, Reset Layout to clear.
Quiet Funds (<30 Days)
Funds whose outcome period resets within the next 30 days but which are not currently classified as Target / Extended Range or Near Cap — in other words, they are approaching a reset without an active classification signal. “Quiet” refers to the absence of a classification, not to low trading volume or low risk. These funds are listed in the “ETFs Resetting Within 30 Days” section.
Watchlist
A browser-saved display list of up to 10 tickers. Each card shows the fund’s current classification, remaining cap, buffer, cap yield, and days to reset. The watchlist changes presentation only and does not alter calculations, classifications, or substantive report content.