Innovator Equity Dual Directional 15 Buffer ETF - May (DDFY) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DDFY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DDFY
DDFY charges 0.79% annually. There are 94 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | DDFY vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | DDFY vs JULB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | DDFY vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | DDFY vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | DDFY vs FBUF |
Best Risk-Adjusted Alternatives to DDFY
Among 249 ETFs in the Defined Outcome category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | DDFY vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | DDFY vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | DDFY vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | DDFY vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | DDFY vs CPRA |
Top Performing DDFY Alternatives (YTD)
Among 288 ETFs in the Defined Outcome category with YTD return data, the top-performing alternatives shown here go as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | DDFY vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 13.84% | 2.85M | Jun 2025 | DDFY vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.73% | — | Jan 2025 | DDFY vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.09% | 214.27M | Mar 2020 | DDFY vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 11.91% | 403.09M | Mar 2019 | DDFY vs BAPR |
Lowest Volatility Alternatives to DDFY
DDFY has 5.43% 1-year volatility. There are 114 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | DDFY vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.33% | — | Apr 2025 | DDFY vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | DDFY vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | DDFY vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | DDFY vs MMAX |
Lowest Drawdown Alternatives to DDFY
Among 250 ETFs in the Defined Outcome category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | DDFY vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | DDFY vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | DDFY vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | DDFY vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.40M | May 2024 | DDFY vs CPSM |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, BUFF, SFLR and span 5 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 96 | 2.78% | 2.72B | Jun 2021 | DDFY vs BALT | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 89 | 6.26% | 917.81M | Oct 2016 | DDFY vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 50 | 4.20% | 2.11B | Nov 2022 | DDFY vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 42 | 11.39% | 202.53M | Jul 2018 | DDFY vs LOUP | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 12.47% | 22.69M | Apr 2021 | DDFY vs XTAP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 84 | 6.02% | 1.43B | Jan 2019 | DDFY vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 5.43% | 1.23B | Aug 2018 | DDFY vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 40 | 1.93% | 520.19M | Jan 2024 | DDFY vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 82 | 6.44% | 957.53M | Sep 2018 | DDFY vs POCT | |
| Innovator Growth Accelerated Plus ETF - April | Leveraged Equities | 97 | 13.57% | 20.17M | Apr 2021 | DDFY vs QTAP |
Often Compared With DDFY
Investors most often compare DDFY with FFTY, QMAR, PQAP. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| CapForce IBD 50 ETF | Mid Cap Growth Equities | 18 | 6.26% | 89.40M | Apr 2015 | DDFY vs FFTY | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | Nasdaq-100, Defined Outcome | 95 | 11.91% | 560.65M | Mar 2021 | DDFY vs QMAR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | Defined Outcome, Nasdaq-100 | 96 | 11.16% | 25.96M | Dec 2024 | DDFY vs PQAP | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jan... | Defined Outcome | 58 | 10.18% | — | Jan 2025 | DDFY vs UXJA | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jul... | Defined Outcome | 56 | 10.27% | — | Jul 2025 | DDFY vs UXJL | |
| FT Vest Emerging Markets Buffer ETF - March | Defined Outcome | 83 | 11.80% | — | Mar 2025 | DDFY vs TMAR | |
| Innovator U.S. Equity Power Buffer ETF - April | Defined Outcome | 98 | 8.59% | 947.78M | Apr 2019 | DDFY vs PAPR | |
| Innovator U.S. Small Cap Power Buffer ETF - March | Defined Outcome | 93 | 11.80% | — | Feb 2025 | DDFY vs KMAR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | Defined Outcome | 98 | 9.28% | 131.22M | Mar 2021 | DDFY vs XBAP |
Compare DDFY with Any Fund or Stock
Compare DDFY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DDFY with funds that move differently
Innovator Equity Dual Directional 15 Buffer ETF - May alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DDFY.
Explore DDFY Diversifiers