- Issuer
- Innovator
- Inception Date
- Jun 30, 2025
- Region
- North America (United States)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- SPDR S&P 500 ETF Trust (SPY)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Highlights
- Avg. Volume (1M)
- 78K
- Avg. Volume Value (1M)
- $1.73M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
DDTL Performance Chart
Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) is up 5.3% since the beginning of the year. DDTL is currently trading at $22 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) has returned 5.33% so far this year and 10.72% over the past 12 months.
Innovator Equity Dual Directional 10 Buffer ETF - July
- 1D
- 0.34%
- 1M
- 0.66%
- 6M
- 4.65%
- YTD
- 5.33%
- 1Y
- 10.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 9.47%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
DDTL Monthly Returns History
Based on dividend-adjusted daily data since Jul 1, 2025, DDTL's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, an investment would double in approximately 7.5 years.
Historically, 85% of months were positive and 15% were negative. The best month was Apr 2026 with a return of +4.5%, while the worst month was Mar 2026 at -2.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 1 months.
On a daily basis, DDTL closed higher 58% of trading days. The best single day was Mar 31, 2026 with a return of +1.4%, while the worst single day was Jul 1, 2025 at -1.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.65% | 0.31% | -2.13% | 4.45% | 1.25% | 0.60% | 0.20% | 5.33% | |||||
| 2025 | -0.40% | 1.46% | 1.34% | 0.84% | 0.48% | 0.91% | 4.70% |
Benchmark Metrics
Innovator Equity Dual Directional 10 Buffer ETF - July has an annualized alpha of 2.41%, beta of 0.38, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since July 01, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (33.39%) than losses (2.05%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 2.41% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.38 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.41%
- Beta
- 0.38
- R²
- 0.65
- Upside Capture
- 33.39%
- Downside Capture
- 2.05%
Expense Ratio
DDTL has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DDTL ranks 84 for risk / return — above 84% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DDTL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.25 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 2.00 | +0.85 |
| Martin ratioReturn relative to average drawdown | 14.38 | 8.49 | +5.89 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator Equity Dual Directional 10 Buffer ETF - July. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator Equity Dual Directional 10 Buffer ETF - July was 3.78%, occurring on Mar 27, 2026. Recovery took 8 trading sessions.
The current Innovator Equity Dual Directional 10 Buffer ETF - July drawdown is 0.25%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-3.78%Mar 2026 | 29d | 13d | 1mo 12dFeb 2026 - Apr 2026 | — |
-1.88%Nov 2025 | 8d | 8d | 16dNov 2025 - Nov 2025 | — |
-1.77%Jul 2026 | 16d | — | 20dJul 2026 - now | — |
-1.72%Jul 2025 | 6d | 21d | 27dJul 2025 - Jul 2025 | — |
-1.33%Oct 2025 | 1d | 14d | 15dOct 2025 - Oct 2025 | — |
Drawdown Indicators
| DDTL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.78% | -56.78% | +53.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.78% | -9.10% | +5.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.25% | -1.58% | +1.33% |
Average DrawdownAverage peak-to-trough decline | -0.45% | -10.70% | +10.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 2.14% | -1.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with DDTL
Add Innovator Equity Dual Directional 10 Buffer ETF - July to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with DDTL