DDNQ Alternatives & Similar ETFs

Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly (DDNQ) 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 DDNQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DDNQ

DDNQ charges 0.79% annually. There are 92 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
APRB	Aptus April Buffer ETF	0.25%	—	Oct 2025	DDNQ vs APRB
OCTB	Aptus October Buffer ETF	0.25%	—	Oct 2025	DDNQ vs OCTB
JULB	Aptus July Buffer ETF	0.25%	—	Oct 2025	DDNQ vs JULB
JANB	Aptus January Buffer ETF	0.25%	—	Oct 2025	DDNQ vs JANB
FBUF	Fidelity Dynamic Buffered Equity ETF	0.48%	—	Apr 2024	DDNQ vs FBUF

Best Risk-Adjusted Alternatives to DDNQ

Among 245 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
PMAP	PGIM S&P 500 Max Buffer ETF - April	99	—	Mar 2025	DDNQ vs PMAP
MMAX	iShares Large Cap Max Buffer Mar ETF	98	—	Mar 2025	DDNQ vs MMAX
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	98	19.60M	Apr 2025	DDNQ vs CPSP
ZAPR	Innovator Equity Defined Protection ETF - 1 Yr Apr...	98	—	Apr 2025	DDNQ vs ZAPR
XBAP	Innovator U.S. Equity Accelerated 9 Buffer ETF - A...	98	134.85M	Mar 2021	DDNQ vs XBAP

Top Performing DDNQ Alternatives (YTD)

Among 285 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
NVDO	Leverage Shares 2x Capped Accelerated NVDA Monthly...	16.35%	—	Aug 2025	DDNQ vs NVDO
KFEB	Innovator U.S. Small Cap Power Buffer ETF - Februa...	13.70%	—	Jan 2025	DDNQ vs KFEB
KAPR	Innovator Russell 2000 Power Buffer ETF - April	13.15%	214.51M	Mar 2020	DDNQ vs KAPR
QMAR	FT Cboe Vest Nasdaq-100 Buffer ETF - March	12.87%	568.10M	Mar 2021	DDNQ vs QMAR
TMAR	FT Vest Emerging Markets Buffer ETF - March	12.87%	—	Mar 2025	DDNQ vs TMAR

Lowest Volatility Alternatives to DDNQ

DDNQ has 9.72% 1-year volatility. There are 251 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	1.15%	—	Mar 2025	DDNQ vs PMAP
APXM	FT Vest U.S. Equity Max Buffer ETF - April	1.24%	—	Apr 2025	DDNQ vs APXM
PMMY	PGIM S&P 500 Max Buffer ETF - May	1.30%	—	Apr 2025	DDNQ vs PMMY
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	1.34%	19.60M	Apr 2025	DDNQ vs CPSP
MMAX	iShares Large Cap Max Buffer Mar ETF	1.41%	—	Mar 2025	DDNQ vs MMAX

Lowest Drawdown Alternatives to DDNQ

Among 245 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
PMAP	PGIM S&P 500 Max Buffer ETF - April	-0.35%	—	Mar 2025	DDNQ vs PMAP
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	-0.37%	19.60M	Apr 2025	DDNQ vs CPSP
ZAPR	Innovator Equity Defined Protection ETF - 1 Yr Apr...	-0.40%	—	Apr 2025	DDNQ vs ZAPR
MMAX	iShares Large Cap Max Buffer Mar ETF	-0.46%	—	Mar 2025	DDNQ vs MMAX
CPSM	Calamos S&P 500 Structured Alt Protection ETF - Ma...	-0.49%	56.60M	May 2024	DDNQ vs CPSM

Other ETFs from Innovator

The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 6 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BALT	Innovator Defined Wealth Shield ETF	Defined Outcome	95	2.66%	2.68B	Jun 2021	DDNQ vs BALT
FFTY	Innovator IBD 50 ETF	Large Cap Growth Equities	26	15.54%	89.40M	Apr 2015	DDNQ vs FFTY
BUFF	Innovator Laddered Allocation Power Buffer ETF	Defined Outcome	89	6.28%	891.58M	Oct 2016	DDNQ vs BUFF
SFLR	Innovator Equity Managed Floor ETF	Options Trading	56	5.58%	2.12B	Nov 2022	DDNQ vs SFLR
LOUP	Innovator Deepwater Frontier Tech ETF	Technology Equities	63	23.47%	221.95M	Jul 2018	DDNQ vs LOUP
PJAN	Innovator U.S. Equity Power Buffer ETF - January	Defined Outcome	83	5.98%	1.47B	Jan 2019	DDNQ vs PJAN
XTAP	Innovator U.S. Equity Accelerated Plus ETF	Leveraged Equities	98	12.07%	22.82M	Apr 2021	DDNQ vs XTAP
BAPR	Innovator U.S. Equity Buffer ETF - April	Defined Outcome	97	11.65%	404.39M	Mar 2019	DDNQ vs BAPR
PJUL	Innovator U.S. Equity Power Buffer ETF - July	Defined Outcome	88	5.78%	1.12B	Aug 2018	DDNQ vs PJUL
QFLR	Innovator Nasdaq-100 Managed Floor ETF	Nasdaq-100, Options Trading	60	6.01%	543.68M	Jan 2024	DDNQ vs QFLR

Often Compared With DDNQ

Investors most often compare DDNQ with DDSQ, POCT, BOUT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DDSQ	Innovator Equity Dual Directional 5 Buffer ETF - Q...	Defined Outcome	—	—	71.35M	Dec 2025	DDNQ vs DDSQ
POCT	Innovator U.S. Equity Power Buffer ETF October	Defined Outcome	80	6.28%	967.98M	Sep 2018	DDNQ vs POCT
BOUT	Innovator IBD Breakout Opportunities ETF	Mid Cap Growth Equities	48	28.54%	15.73M	Sep 2018	DDNQ vs BOUT
QB	ProShares Nasdaq-100 Dynamic Daily Buffer ETF	Defined Outcome, Nasdaq-100	94	12.30%	2.84M	Jun 2025	DDNQ vs QB
ZMAY	Innovator Equity Defined Protection ETF - 1 Yr May	Defined Outcome	96	2.36%	—	May 2025	DDNQ vs ZMAY
PQAP	PGIM Nasdaq-100 Buffer 12 ETF - April	Defined Outcome, Nasdaq-100	97	12.04%	25.92M	Dec 2024	DDNQ vs PQAP
UXJL	FT Vest U.S. Equity Uncapped Accelerator ETF - Jul...	Defined Outcome	—	11.90%	—	Jul 2025	DDNQ vs UXJL
PAPR	Innovator U.S. Equity Power Buffer ETF - April	Defined Outcome	98	8.36%	954.02M	Apr 2019	DDNQ vs PAPR
AVGO	Broadcom Inc.		73	15.99%	—	—	DDNQ vs AVGO
NVDA	NVIDIA Corporation		69	13.25%	—	—	DDNQ vs NVDA
CASH	Meta Financial Group, Inc.		52	27.23%	—	—	DDNQ vs CASH
INTC	Intel Corporation		98	197.67%	—	—	DDNQ vs INTC
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	94	93.25%	47.60B	Jul 2001	DDNQ vs SOXX
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	11.30%	783.21B	Jan 1993	DDNQ vs SPY
EWY	iShares MSCI South Korea ETF	South Korea Equities, Asia Pacific Equities	93	88.77%	21.85B	May 2000	DDNQ vs EWY
KMAR	Innovator U.S. Small Cap Power Buffer ETF - March	Defined Outcome	89	11.85%	—	Feb 2025	DDNQ vs KMAR
MU	Micron Technology, Inc.		99	243.32%	—	—	DDNQ vs MU
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	83	20.06%	98.55B	Oct 2011	DDNQ vs SCHD
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	94	69.67%	73.62B	Dec 2011	DDNQ vs SMH
VOO	Vanguard S&P 500 ETF	S&P 500	68	11.31%	1.70T	Sep 2010	DDNQ vs VOO

Compare DDNQ with Any Fund or Stock

Compare DDNQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair DDNQ with funds that move differently

Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DDNQ.

Explore DDNQ Diversifiers

Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly (DDNQ) Alternatives