Outcome Radar - May 20, 2026
Today's analysis: 13 near entry, 0 near acceleration, 38 near cap. Total 53 signals.
7 of 52 are Near Cap, with remaining cap compressed toward zero as those funds approach the top of their payoff curves and reset cycle—existing holders may evaluate their positions accordingly. 1 fund is in Target/Extended Range, carrying a full 9.13% buffer with 366 days remaining; the other 44 are mid-period across this all-annual-cycle category.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Extended Range |
FMAYSPY10% Buffer Annual |
First Trust™ | ~15.9% | ~9.1% | 366 | ~-1.1% | ~15.9% | ~20% |
Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | TJUNEEM10% Buffer Annual |
First Trust™ | ~0.4% | ~20.6% | 29 | ~-15.8% | ~4.9% | >95% | |
| Near Cap | QJUNQQQ10% Buffer Annual |
First Trust™ | ~0.5% | ~18.3% | 29 | ~-15.2% | ~6.3% | >95% | |
| Near Cap | JUNTSPY10% Buffer Annual |
AllianzIM™ | ~0.1% | ~14.8% | 11 | ~-14.0% | ~5.0% | >95% | |
| Near Cap | BJUNSPY9% Buffer Annual |
Innovator™ | ~0.1% | ~13.5% | 11 | ~-14.1% | ~3.0% | >95% | |
| Near Cap | FJUNSPY10% Buffer Annual |
First Trust™ | ~0.6% | ~15.0% | 29 | ~-12.8% | ~7.4% | ~94% | |
| Near Cap | JULTSPY10% Buffer Annual |
AllianzIM™ | ~1.2% | ~12.6% | 41 | ~-12.8% | ~11.0% | ~76% | |
| Near Cap | BJULSPY9% Buffer Annual |
Innovator™ | ~1.3% | ~11.3% | 41 | ~-12.9% | ~11.5% | ~75% |
Annual
Annual
Annual
Annual
Annual
Annual
Annual
11 of 88 annual-cycle funds are approaching the top of their payoff curve and may warrant roll evaluation by existing holders; 7 are in Target/Extended Range, including one EFA-based fund with a 14.42% buffer and 345 days remaining, currently 1.67% above its buffer threshold. The remaining 70 are mid-period. On a pullback, a portion of those mid-period funds could shift toward Target/Extended Range across the SPY, QQQ, IWM, EFA, and EEM underlyings represented in this tab.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Target Range |
IMAREFA15% Buffer Annual |
Innovator™ | ~13.8% | ~13.4% | 284 | ~-0.2% | ~17.7% | ~19% | |
| Extended Range |
KMAYIWM15% Buffer Annual |
Innovator™ | ~16.9% | ~14.1% | 345 | ~-1.4% | ~17.9% | ~18% | |
| Extended Range |
SMAYIWM15% Buffer Annual |
First Trust™ | ~17.6% | ~14.2% | 366 | ~-1.5% | ~17.5% | ~18% | |
| Extended Range |
QMMYQQQ15% Buffer Annual |
First Trust™ | ~16.2% | ~14.1% | 366 | ~-1.4% | ~16.2% | ~20% | |
| Extended Range |
IMAYEFA15% Buffer Annual |
Innovator™ | ~14.2% | ~14.4% | 345 | ~-1.7% | ~15.0% | ~23% | |
| Extended Range |
GMAYSPY15% Buffer Annual |
First Trust™ | ~12.7% | ~14.1% | 366 | ~-1.1% | ~12.6% | ~26% | |
| Extended Range |
XMAYSPY15% Buffer Annual |
First Trust™ | ~10.0% | ~14.2% | 366 | ~-1.0% | ~10.0% | ~30% |
Annual
Range
Annual
Range
Annual
Range
Annual
Range
Annual
Range
Annual
Range
Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | NJUNQQQ15% Buffer Annual |
Innovator™ | ~0.1% | ~24.7% | 11 | ~-13.4% | ~3.0% | >95% | |
| Near Cap | KJUNIWM15% Buffer Annual |
Innovator™ | ~0.0% | ~23.0% | 11 | ~-14.7% | ~0.7% | >95% | |
| Near Cap | PJUNSPY15% Buffer Annual |
Innovator™ | ~0.1% | ~21.2% | 11 | ~-11.2% | ~4.0% | >95% | |
| Near Cap | EJULEEM15% Buffer Annual |
Innovator™ | ~0.7% | ~25.6% | 41 | ~-11.7% | ~6.5% | >95% | |
| Near Cap | XJUNSPY15% Buffer Annual |
First Trust™ | ~0.3% | ~22.4% | 29 | ~-9.4% | ~3.9% | >95% | |
| Near Cap | NJULQQQ15% Buffer Annual |
Innovator™ | ~0.8% | ~22.0% | 41 | ~-12.2% | ~6.9% | >95% | |
| Near Cap | GJUNSPY15% Buffer Annual |
First Trust™ | ~0.4% | ~21.0% | 29 | ~-10.8% | ~4.9% | >95% | |
| Near Cap | KJULIWM15% Buffer Annual |
Innovator™ | ~1.0% | ~20.5% | 41 | ~-14.0% | ~8.8% | >95% | |
| Near Cap | PJULSPY15% Buffer Annual |
Innovator™ | ~0.8% | ~19.0% | 41 | ~-10.2% | ~7.6% | ~89% | |
| Near Cap | YJUNEFA15% Buffer Annual |
First Trust™ | ~0.9% | ~18.3% | 29 | ~-10.9% | ~10.9% | ~88% | |
| Near Cap | IJUNEFA15% Buffer Annual |
Innovator™ | ~0.6% | ~14.8% | 11 | ~-12.4% | ~19.9% | ~77% |
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Annual
6 of 52 annual-cycle funds are approaching the top of their payoff curve and may warrant roll evaluation by existing holders; 2 are in Target/Extended Range, including one with a full buffer intact and 366 days remaining on a SPY-based outcome period. The other 44 are mid-period. On further upside, additional funds could compress toward the Near-Cap threshold.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Extended Range |
DMAYSPY25% Buffer Annual |
First Trust™ | ~12.4% | ~24.1% | 366 | ~-6.1% | ~12.4% | ~26% | |
| Extended Range |
MAYMSPY50% Buffer Annual |
First Trust™ | ~6.1% | ~99.1% | 366 | ~-0.9% | ~6.1% | ~38% |
Annual
Range
Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | JUNWSPY20% Buffer Annual |
AllianzIM™ | ~0.1% | ~26.4% | 11 | ~-10.1% | ~4.0% | >95% | |
| Near Cap | UJUNSPY30% Ultra Buffer |
Innovator™ | ~0.1% | ~33.2% | 11 | ~-15.1% | ~1.7% | >95% | |
| Near Cap | JUNMSPY50% Buffer Annual |
First Trust™ | ~0.3% | ~66.9% | 29 | ~-6.3% | ~4.2% | >95% | |
| Near Cap | DJUNSPY25% Buffer Annual |
First Trust™ | ~0.5% | ~28.8% | 29 | ~-15.1% | ~5.7% | >95% | |
| Near Cap | JULWSPY20% Buffer Annual |
AllianzIM™ | ~0.7% | ~24.3% | 41 | ~-9.2% | ~6.5% | ~92% | |
| Near Cap | UJULSPY30% Ultra Buffer |
Innovator™ | ~0.8% | ~31.5% | 41 | ~-14.3% | ~6.9% | ~90% |
Annual
Buffer
Annual
Annual
Annual
Buffer
2 of 26 uncapped annual-cycle funds are in Target/Extended Range; the other 24 are mid-period. The freshest of the two has a 14.75% buffer intact and 225 days remaining, with the reference asset needing to fall 3.44% before that buffer engages. Both track EFA, while the broader tab is predominantly SPY-based.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Thresh.⇅ | Prob. | View |
|---|---|---|---|---|---|---|---|---|---|
| Target Range |
JANIEFA15% Uncapped Buffer |
AllianzIM™ | ~0.0% | ~14.8% | 225 | ~-3.4% | ~2.4% Spread | N/A | |
| Target Range |
MAYUSPY15% Uncapped Buffer |
AllianzIM™ | ~0.0% | ~14.3% | 345 | ~-3.0% | ~3.6% Spread | N/A |
Uncapped Buffer
Range
Uncapped Buffer
Range
2 of 30 are approaching the top of their payoff curve and may warrant roll evaluation by existing holders; 1 is in Target/Extended Range with a full 50.67% buffer and 331 days remaining, and the other 27 are mid-period across annual, two-year, and six-month cycles.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Extended Range |
APXMSPY100% Buffer Annual |
First Trust™ | ~5.4% | ~50.7% | 331 | ~-1.5% | ~6.0% | ~46% |
Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | ZJUNSPY100% Protection |
Innovator™ | ~0.1% | ~93.2% | 11 | ~-6.8% | ~3.0% | >95% | |
| Near Cap | AJULSPY100% Protection |
Innovator™ | ~0.4% | ~84.5% | 41 | ~-15.5% | ~3.5% | >95% |
Protection
Protection
4 of 25 annual-cycle dual-direction funds are approaching the top of their payoff curve; existing holders may want to evaluate their positions ahead of reset. The other 21 are mid-period. The tab runs predominantly SPY-referenced, with a small VOO and QQQ presence across the 25 funds.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | DDNQQQQDual Direction 5% Quarterly |
Innovator™ | ~0.5% | ~17.0% | 41 | ~-6.1% | ~4.0% | ~48% | |
| Near Cap | DDFLSPYDual Direction 15% Annual |
Innovator™ | ~0.6% | ~21.5% | 41 | ~-7.7% | ~5.1% | ~47% | |
| Near Cap | DDSQSPYDual Direction 5% Quarterly |
Innovator™ | ~0.6% | ~11.9% | 41 | ~-4.7% | ~5.5% | ~47% | |
| Near Cap | DDTLSPYDual Direction 10% Annual |
Innovator™ | ~0.8% | ~14.4% | 41 | ~-10.6% | ~7.6% | ~45% |
Direction 5% Quarterly
Direction 15% Annual
Direction 5% Quarterly
Direction 10% Annual
2 of 23 funds are approaching the top of their payoff curve and may warrant roll evaluation by existing holders; 1 is in Target/Extended Range with a 7.32% buffer and 93 days remaining on a quarterly cycle. The other 20 are mid-period across a mix of 17 quarterly and 6 six-month resets, spread across SPY, QQQ, IWM, EFA, EEM, and VOO underlyings.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Extended Range |
FHDGSPY5% or 7.5% Buffer Quarterly |
First Trust™ | ~4.1% | ~7.3% | 93 | ~-0.4% | ~16.2% | ~34% |
Quarterly
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | QBQVQQQ5% Buffer Quarterly |
AllianzIM™ | ~0.7% | ~16.1% | 41 | ~-7.0% | ~6.0% | >95% | |
| Near Cap | SIXDSPY10% Buffer 6-Month |
AllianzIM™ | ~0.7% | ~10.3% | 11 | ~-7.2% | ~24.2% | ~54% |
Quarterly
6-Month
6 of 15 accelerated funds are at their starting thresholds, with the freshest carrying a 9% buffer and 133 days remaining on a SPY-underlying position currently at zero downside before buffer. 1 fund is Near Cap, approaching the top of its payoff curve — existing holders may evaluate their options at period end; the remaining 8 are mid-period. The tab spans SPY, QQQ, VOO, and GLD underlyings across 13 annual and 2 quarterly cycles.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Target Range |
BGLDGLD10% Buffer Quarterly |
First Trust™ | ~18.3% | ~2.2% | 9 | 0.0% | ~742% | ~0% |
Quarterly
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | QTJLQQQ3x Accelerated |
Innovator™ | ~0.7% | ~0.0% | 41 | — | ~6.1% | ~90% | |
| Near Cap | XBJLSPY2x Accelerated |
Innovator™ | ~0.7% | ~9.0% | 41 | 0.0% | ~6.0% | ~80% | |
| Near Cap | XDQQQQQ2x Accelerated |
Innovator™ | ~0.8% | ~0.0% | 41 | — | ~7.0% | ~90% | |
| Near Cap | XDSQVOO2x Accelerated |
Innovator™ | ~0.9% | ~0.0% | 41 | — | ~8.5% | ~65% | |
| Near Cap | XTJLSPY2x Accelerated |
Innovator™ | ~0.8% | ~0.0% | 41 | — | ~6.9% | ~90% | |
| Near Cap | XBOCSPY2x Accelerated |
Innovator™ | ~3.6% | ~9.0% | 133 | 0.0% | ~10.0% | ~35% |
Accelerated
Accelerated
Accelerated
Accelerated
Accelerated
Accelerated
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.
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 ideal entry band. An ETF showing In Range is currently inside the optimal entry zone 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 — Measures how much upside vs. downside a fund offers on a standardized ±10% index move from today. A ratio of 5x means the fund gains 5x more than it loses. Higher is better. 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 resetting within the next 8 days. At reset the fund starts a new outcome period with a fresh cap and buffer — an important decision point for holders.
• Watchlist — Pin up to 10 tickers you want to track every night. Each card shows the ETF’s current signal status (Near Entry, Near Cap, Target Range, 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. Your watchlist is saved in your browser and persists across sessions.
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 — A 1-year history of VIX (S&P 500), VXN (Nasdaq), and RVX (Russell 2000) implied volatility. Current values are calculated using options volatility models at the end of the day. Higher IV means higher reset caps ahead — useful context for timing new positions.
• Buffer funds in Target Range: “Full buffer intact · ~13.7% upside remaining · 320 days to reset”
• Buffer funds Near Cap: “Pinned to cap · ~0.8% upside left · 45 days · Wait for reset”
• Uncapped / Accelerated / Dual Direction / Floor / 100% Protection funds each get their own phrasing.
Near Cap — ETFs nearing their maximum return. Upside is limited; each entry shows a Roll Option chip with a suggested replacement ETF.
Acceleration Zone — Leveraged ETFs (2x/3x) with multiplied upside. Position relative to the trigger threshold is key.
Dual Direction — ETFs that participate in both up and down index moves. Symmetry analysis matters here.
All Others — The rest of the ETF universe for that tab’s buffer type. Collapsed by default — expand to see every fund with basic metrics.