BRCE vs. DDTL

Last updated Jun 3, 2026

BRCE (MFS Blended Research Core Equity ETF) and DDTL (Innovator Equity Dual Directional 10 Buffer ETF - July) are both exchange-traded funds - BRCE is a Large Cap Blend Equities fund actively managed by MFS, while DDTL is a Defined Outcome fund managed by Innovator. A 0.77 correlation means they provide meaningful diversification when combined. BRCE charges 0.24%/yr vs 0.79%/yr for DDTL.

Performance

BRCE vs. DDTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Core Equity ETF (BRCE) and Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRCE achieves a 12.81% return, which is significantly higher than DDTL's 4.54% return.

BRCE

• 1D: 0.08%
• 1M: 5.21%
• YTD: 12.81%
• 6M: 14.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDTL

• 1D: -0.00%
• 1M: 1.30%
• YTD: 4.54%
• 6M: 5.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRCE vs. DDTL - Yearly Performance Comparison

	2026 (YTD)	2025
BRCE MFS Blended Research Core Equity ETF	12.81%	2.68%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	4.54%	1.75%

Correlation

The correlation between BRCE and DDTL is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.77

Return for Risk

BRCE vs. DDTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Core Equity ETF (BRCE) and Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BRCE	DDTL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.96	2.27	-0.31

Drawdowns

BRCE vs. DDTL - Drawdown Comparison

The maximum BRCE drawdown since its inception was -8.77%, which is greater than DDTL's maximum drawdown of -3.78%. Use the drawdown chart below to compare losses from any high point for BRCE and DDTL.

Drawdown Indicators

	BRCE	DDTL	Difference
Max Drawdown Largest peak-to-trough decline	-8.77%	-3.78%	-4.99%
Current Drawdown Current decline from peak	0.00%	-0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.56%	-0.40%	-1.16%

Volatility

Volatility by Period

	BRCE	DDTL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.14%	5.47%	+8.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.14%	5.47%	+8.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.14%	5.47%	+8.67%

BRCE vs. DDTL - Expense Ratio Comparison

BRCE has a 0.24% expense ratio, which is lower than DDTL's 0.79% expense ratio.

Dividends

BRCE vs. DDTL - Dividend Comparison

BRCE's dividend yield for the trailing twelve months is around 0.34%, while DDTL has not paid dividends to shareholders.

Position	TTM	2025
BRCE MFS Blended Research Core Equity ETF	0.34%	0.19%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	0.00%	0.00%

Frequently Asked Questions

Can I hold both BRCE and DDTL in my portfolio?

BRCE and DDTL have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRCE or DDTL?

On fees, BRCE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRCE or DDTL?

BRCE is cheaper with a 0.24% expense ratio, compared with 0.79% for DDTL.

Which ETF pays a higher dividend yield, BRCE or DDTL?

BRCE has the higher dividend yield at 0.34%, compared with 0.00% for DDTL.

What is the main difference between BRCE and DDTL?

BRCE is categorized as Large Cap Blend Equities, while DDTL is Defined Outcome. They also come from different issuers: MFS and Innovator. Their fees differ too: 0.24% for BRCE and 0.79% for DDTL.