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Innovator Equity Dual Directional 5 Buffer ETF - Quarterly (DDSQ) Diversifiers

ETF · Currency in USD · Last updated Jul 22, 2026

The Innovator Equity Dual Directional 5 Buffer ETF - Quarterly is a defined-outcome ETF that uses FLEX options on the SPDR S&P 500 ETF Trust over rolling quarterly outcome periods. The fund seeks limited positive returns in both rising markets and certain declining markets while providing a 5% buffer against losses beyond the inverse performance threshold, before fees and expenses.

Looking to diversify beyond DDSQ? The ETFs below have the lowest correlation with DDSQ — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from DDSQ.

Best Diversifiers for DDSQ

0 ETFs have low correlation with DDSQ (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MMAX
iShares Large Cap Max Buffer Mar ETF0.53——
98
Defined OutcomeDDSQ vs MMAX
CPSM
Calamos S&P 500 Structured Alt Protection ETF - Ma...0.61——
97
Defined Outcome, S&P 500DDSQ vs CPSM
KFEB
Innovator U.S. Small Cap Power Buffer ETF - Februa...0.64——
87
Defined OutcomeDDSQ vs KFEB

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Diversification Analysis

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