DDFF vs. GSG
DDFF (Innovator Equity Dual Directional 15 Buffer ETF - February) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - DDFF is a Defined Outcome fund actively managed by Innovator, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. DDFF is actively managed, while GSG is passively managed. Their -0.28 correlation means they have often moved in opposite directions in the past. DDFF charges 0.79%/yr vs 0.75%/yr for GSG.
Performance
DDFF vs. GSG - Performance Comparison
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Returns By Period
DDFF
- 1D
- 0.22%
- 1M
- 0.60%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
GSG
- 1D
- 0.28%
- 1M
- 12.94%
- 6M
- 25.75%
- YTD
- 38.94%
- 1Y
- 42.34%
- 3Y*
- 14.13%
- 5Y*
- 14.47%
- 10Y*
- 8.91%
- ALL TIME*
- -2.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $85.90K | $147.25K | $327.77K | |
| $16.60M | $17.31M | $26.52M |
DDFF vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DDFF Innovator Equity Dual Directional 15 Buffer ETF - February | 3.99% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 25.75% |
Correlation
The correlation between DDFF and GSG is -0.28, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026 | -0.28 |
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Return for Risk
DDFF vs. GSG — Risk / Return Rank
DDFF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GSG
DDFF vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 15 Buffer ETF - February (DDFF) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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.
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.
| DDFF | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.16 | — |
| Martin ratioReturn relative to average drawdown | — | 6.99 | — |
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Drawdowns
DDFF vs. GSG - Drawdown Comparison
The maximum DDFF drawdown since its inception was -3.72%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for DDFF and GSG.
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Drawdown Indicators
| DDFF | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.72% | -89.62% | +85.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | 0.00% | -58.05% | +58.05% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -63.67% | +63.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.84% | — |
Volatility
DDFF vs. GSG - Volatility Comparison
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Volatility by Period
| DDFF | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 22.18% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.38% | 24.23% | -18.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 22.86% | -17.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.38% | 22.06% | -16.68% |
DDFF vs. GSG - Expense Ratio Comparison
DDFF has a 0.79% expense ratio, which is higher than GSG's 0.75% expense ratio.
Dividends
DDFF vs. GSG - Dividend Comparison
Neither DDFF nor GSG has paid dividends to shareholders.
Frequently Asked Questions
DDFF and GSG have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GSG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GSG is cheaper with a 0.75% expense ratio, compared with 0.79% for DDFF.
DDFF and GSG have nearly identical dividend yields, around 0.00%.
DDFF is categorized as Defined Outcome, while GSG is Commodities. They also come from different issuers: Innovator and iShares. Their fees differ too: 0.79% for DDFF and 0.75% for GSG.
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