Outcome Radar - May 20, 2026
Today's analysis: 18 near entry, 0 near acceleration, 34 near cap. Total 52 signals.
5 of 52 funds are approaching the top of their payoff curve; existing holders may want to evaluate their position ahead of reset. 1 fund is in Target/Extended Range — with 8.83% buffer intact and 367 days remaining on a SPY-based annual cycle, it's the closest expression of the headline profile in this tab. The other 46 are mid-period across a mix of SPY, QQQ, IVV, EEM, and RSP underlyings.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Target Range |
FMAYSPY10% Buffer Annual |
First Trust™ | ~16.6% | ~8.8% | 367 | ~-0.5% | ~16.5% | ~19% |
Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | TJUNEEM10% Buffer Annual |
First Trust™ | ~0.6% | ~19.5% | 30 | ~-15.6% | ~6.8% | >95% | |
| Near Cap | QJUNQQQ10% Buffer Annual |
First Trust™ | ~0.7% | ~17.3% | 30 | ~-15.1% | ~8.0% | >95% | |
| Near Cap | JUNTSPY10% Buffer Annual |
AllianzIM™ | ~0.2% | ~14.1% | 12 | ~-13.9% | ~5.8% | >95% | |
| Near Cap | BJUNSPY9% Buffer Annual |
Innovator™ | ~0.1% | ~12.8% | 12 | ~-14.1% | ~3.6% | >95% | |
| Near Cap | FJUNSPY10% Buffer Annual |
First Trust™ | ~0.7% | ~14.4% | 30 | ~-12.8% | ~8.4% | ~93% |
Annual
Annual
Annual
Annual
Annual
11 of 88 funds are approaching the top of their payoff curves and may warrant roll evaluation by existing holders; 9 are in Target/Extended Range, with the freshest carrying a 15.16% buffer and 346 days remaining against SPY. The remaining 68 are mid-period across this annual-cycle category, split across SPY, EFA, IWM, QQQ, and EEM. On a pullback, a portion of those mid-period funds could shift toward Target/Extended Range.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Target Range |
KMAYIWM15% Buffer Annual |
Innovator™ | ~18.7% | ~13.6% | 346 | 0.0% | ~19.7% | ~15% | |
| Target Range |
SMAYIWM15% Buffer Annual |
First Trust™ | ~19.0% | ~13.3% | 367 | ~-0.3% | ~18.9% | ~15% | |
| Target Range |
QMMYQQQ15% Buffer Annual |
First Trust™ | ~17.1% | ~13.5% | 367 | ~-0.6% | ~17.0% | ~18% | |
| Target Range |
GMAYSPY15% Buffer Annual |
First Trust™ | ~13.4% | ~13.9% | 367 | ~-0.4% | ~13.4% | ~24% | |
| Target Range |
XMAYSPY15% Buffer Annual |
First Trust™ | ~10.6% | ~13.8% | 367 | ~-0.5% | ~10.5% | ~29% | |
| Extended Range |
IMAREFA15% Buffer Annual |
Innovator™ | ~14.8% | ~12.8% | 285 | 0.0% | ~18.9% | ~17% | |
| Extended Range |
IFEBEFA15% Buffer Annual |
Innovator™ | ~11.8% | ~14.4% | 257 | ~-1.6% | ~16.8% | ~24% | |
| Extended Range |
IMAYEFA15% Buffer Annual |
Innovator™ | ~15.0% | ~13.8% | 346 | ~-0.9% | ~15.8% | ~20% | |
| Extended Range |
PMAYSPY15% Buffer Annual |
Innovator™ | ~11.3% | ~15.2% | 346 | ~-1.6% | ~11.9% | ~30% |
Annual
Range
Annual
Range
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% | ~23.6% | 12 | ~-13.5% | ~1.5% | >95% | |
| Near Cap | KJUNIWM15% Buffer Annual |
Innovator™ | ~0.0% | ~21.5% | 12 | ~-14.7% | ~0.6% | >95% | |
| Near Cap | PJUNSPY15% Buffer Annual |
Innovator™ | ~0.1% | ~20.5% | 12 | ~-11.2% | ~4.3% | >95% | |
| Near Cap | EJULEEM15% Buffer Annual |
Innovator™ | ~0.9% | ~24.7% | 42 | ~-11.6% | ~8.1% | >95% | |
| Near Cap | XJUNSPY15% Buffer Annual |
First Trust™ | ~0.5% | ~21.9% | 30 | ~-9.3% | ~5.5% | >95% | |
| Near Cap | GJUNSPY15% Buffer Annual |
First Trust™ | ~0.5% | ~20.4% | 30 | ~-10.8% | ~5.6% | >95% | |
| Near Cap | NJULQQQ15% Buffer Annual |
Innovator™ | ~1.0% | ~21.1% | 42 | ~-12.1% | ~8.3% | >95% | |
| Near Cap | KJULIWM15% Buffer Annual |
Innovator™ | ~1.3% | ~19.1% | 42 | ~-13.7% | ~11.3% | ~92% | |
| Near Cap | PJULSPY15% Buffer Annual |
Innovator™ | ~1.0% | ~18.4% | 42 | ~-10.0% | ~8.9% | ~85% | |
| Near Cap | YJUNEFA15% Buffer Annual |
First Trust™ | ~1.2% | ~17.4% | 30 | ~-10.6% | ~14.1% | ~84% | |
| Near Cap | IJUNEFA15% Buffer Annual |
Innovator™ | ~1.2% | ~14.1% | 12 | ~-11.9% | ~35.3% | ~61% |
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; 4 are in Target/Extended Range, with the freshest carrying a full buffer and 367 days remaining on a SPY-based outcome period. The other 42 are mid-period. On further upside, additional mid-period 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™ | ~13.0% | ~23.9% | 367 | ~-5.6% | ~12.9% | ~24% | |
| Extended Range |
UMAYVOO30% Ultra Buffer |
Innovator™ | ~11.1% | ~30.0% | 346 | ~-6.4% | ~11.7% | ~30% | |
| Extended Range |
MAYWSPY20% Buffer Annual |
AllianzIM™ | ~9.7% | ~20.2% | 346 | ~-1.5% | ~10.2% | ~33% | |
| Extended Range |
MAYMSPY50% Buffer Annual |
First Trust™ | ~6.3% | ~99.3% | 367 | ~-0.7% | ~6.3% | ~36% |
Annual
Range
Buffer
Range
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% | ~25.8% | 12 | ~-10.1% | ~3.6% | >95% | |
| Near Cap | UJUNSPY30% Ultra Buffer |
Innovator™ | ~0.0% | ~32.6% | 12 | ~-15.2% | ~1.2% | >95% | |
| Near Cap | JUNMSPY50% Buffer Annual |
First Trust™ | ~0.3% | ~66.6% | 30 | ~-6.4% | ~3.6% | >95% | |
| Near Cap | DJUNSPY25% Buffer Annual |
First Trust™ | ~0.5% | ~28.3% | 30 | ~-15.0% | ~5.8% | >95% | |
| Near Cap | JULWSPY20% Buffer Annual |
AllianzIM™ | ~0.8% | ~23.7% | 42 | ~-9.1% | ~7.3% | ~88% | |
| Near Cap | UJULSPY30% Ultra Buffer |
Innovator™ | ~0.9% | ~31.1% | 42 | ~-14.2% | ~7.9% | ~87% |
Annual
Buffer
Annual
Annual
Annual
Buffer
All 26 uncapped funds are mid-period annual-cycle funds tonight, with nothing at either signal threshold. 24 track SPY and 2 track EFA.
For informational purposes, not investment advice.
2 of 30 are in Target/Extended Range and 2 are approaching the top of their payoff curve — the remaining 26 are mid-period across a mix of annual and two-year outcome periods. The freshest Target/Extended Range fund carries 98.77% buffer intact with 346 days remaining and -1.23% downside before buffer engages. Existing holders of the 2 Near-Cap funds may evaluate their positions as those funds approach reset.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Extended Range |
ZMAYVOO100% Protection |
Innovator™ | ~6.0% | ~98.8% | 346 | ~-1.2% | ~6.4% | ~41% | |
| Extended Range |
APXMSPY100% Buffer Annual |
First Trust™ | ~5.6% | ~50.3% | 332 | ~-1.4% | ~6.2% | ~44% |
Protection
Range
Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | ZJUNSPY100% Protection |
Innovator™ | ~0.1% | ~93.2% | 12 | ~-6.8% | ~2.4% | >95% | |
| Near Cap | AJULSPY100% Protection |
Innovator™ | ~0.4% | ~84.5% | 42 | ~-15.5% | ~3.4% | >95% |
Protection
Protection
3 of 25 dual-direction 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 full 15% buffer and 346 days remaining. The other 21 are mid-period. On further upside, additional funds could compress toward the cap edge.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Extended Range |
DDFYVOODual Direction 15% Annual |
Innovator™ | ~8.6% | ~15.0% | 346 | ~-1.8% | ~9.1% | ~34% |
Direction 15% Annual
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | DDNQQQQDual Direction 5% Quarterly |
Innovator™ | ~0.6% | ~15.9% | 42 | ~-6.0% | ~4.8% | ~47% | |
| Near Cap | DDFLSPYDual Direction 15% Annual |
Innovator™ | ~0.6% | ~20.8% | 42 | ~-7.7% | ~5.1% | ~47% | |
| Near Cap | DDTLSPYDual Direction 10% Annual |
Innovator™ | ~0.9% | ~13.7% | 42 | ~-10.5% | ~8.0% | ~45% |
Direction 5% Quarterly
Direction 15% Annual
Direction 10% Annual
1 of 23 is in Target/Extended Range and 1 is approaching the top of its payoff curve; 21 are mid-period across 17 quarterly and 6 six-month cycles. The Target/Extended Range fund carries a 6.80% buffer with 94 days remaining and is just 0.02% above its buffer threshold. Existing holders of the Near-Cap fund may want to evaluate their position ahead of that reset.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Target Range |
FHDGSPY5% or 7.5% Buffer Quarterly |
First Trust™ | ~4.6% | ~6.8% | 94 | ~-0.0% | ~17.8% | ~30% |
Quarterly
Range
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | QBQVQQQ5% Buffer Quarterly |
AllianzIM™ | ~0.8% | ~14.9% | 42 | ~-6.9% | ~6.8% | >95% |
Quarterly
6 of 15 accelerated funds are at their starting thresholds tonight, with 9 mid-period; no funds are Near Cap. The 6 at-threshold funds span SPY, QQQ, VOO, and GLD underlyings, with the freshest carrying a 9% buffer and 134 days remaining—reference asset has yet to move below the starting level, leaving no gap before the buffer engages. On a pullback, mid-period funds could shift toward threshold as well.
For informational purposes, not investment advice.
| Status⇅ | Ticker | Provider | Rem. Cap⇅ |
Rem. Buf⇅ |
Days⇅ | DBB⇅ | Cap Yld⇅ |
Prob.⇅ | View |
|---|---|---|---|---|---|---|---|---|---|
| Near Cap | QTJLQQQ3x Accelerated |
Innovator™ | ~0.8% | ~0.0% | 42 | — | ~6.7% | ~90% | |
| Near Cap | XBJLSPY2x Accelerated |
Innovator™ | ~0.7% | ~9.0% | 42 | 0.0% | ~6.0% | ~80% | |
| Near Cap | XDQQQQQ2x Accelerated |
Innovator™ | ~0.9% | ~0.0% | 42 | — | ~8.2% | ~90% | |
| Near Cap | XDSQVOO2x Accelerated |
Innovator™ | ~1.2% | ~0.0% | 42 | — | ~10.1% | ~65% | |
| Near Cap | XTJLSPY2x Accelerated |
Innovator™ | ~0.8% | ~0.0% | 42 | — | ~7.0% | ~80% | |
| Near Cap | XBOCSPY2x Accelerated |
Innovator™ | ~3.9% | ~9.0% | 134 | 0.0% | ~10.7% | ~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.