VanEck Launches Second Buffer ETF With Flexible 15%-20% Protection

VanEck has launched the VanEck U.S. Equity Buffer ETF – October (OCT), the second of four planned quarterly defined outcome ETFs sub-advised by Lido Advisors. The fund seeks to provide S&P 500 upside through FLEX options on SPY while buffering a portion of losses over an approximately one-year outcome period. Unlike many fixed-buffer products, OCT allows Lido to set the buffer between 15% and 20% at launch and each annual reset based on market conditions, with the corresponding upside cap adjusting alongside it. For the initial October 1, 2026 to September 30, 2027 period, the gross buffer is 17% and the upside cap is 13.75%. OCT follows the July-launched JULV and gives investors another staggered entry point into VanEck’s growing defined outcome lineup.