DDFF vs. JULB

Last updated Jun 23, 2026

DDFF (Innovator Equity Dual Directional 15 Buffer ETF - February) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. DDFF charges 0.79%/yr vs 0.25%/yr for JULB.

Performance

DDFF vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 15 Buffer ETF - February (DDFF) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDFF

• 1D: -0.02%
• 1M: 0.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULB

• 1D: -0.06%
• 1M: 0.99%
• YTD: 6.77%
• 6M: 6.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDFF vs. JULB - Yearly Performance Comparison

	2026 (YTD)
DDFF Innovator Equity Dual Directional 15 Buffer ETF - February	3.29%
JULB Aptus July Buffer ETF	5.85%

Correlation

The correlation between DDFF and JULB is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.89

Return for Risk

DDFF vs. JULB - 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 Aptus July Buffer ETF (JULB). 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.

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

Drawdowns

DDFF vs. JULB - Drawdown Comparison

The maximum DDFF drawdown since its inception was -3.72%, smaller than the maximum JULB drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for DDFF and JULB.

Drawdown Indicators

	DDFF	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-3.72%	-5.24%	+1.52%
Current Drawdown Current decline from peak	-0.18%	-0.06%	-0.12%
Average Drawdown Average peak-to-trough decline	-0.59%	-0.84%	+0.25%

Volatility

Volatility by Period

	DDFF	JULB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.81%	6.84%	-1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.81%	6.84%	-1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.81%	6.84%	-1.03%

DDFF vs. JULB - Expense Ratio Comparison

DDFF has a 0.79% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

DDFF vs. JULB - Dividend Comparison

Neither DDFF nor JULB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDFF and JULB in my portfolio?

DDFF and JULB have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDFF or JULB?

On fees, JULB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDFF or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.79% for DDFF.

Which ETF pays a higher dividend yield, DDFF or JULB?

DDFF and JULB have nearly identical dividend yields, around 0.00%.

What is the main difference between DDFF and JULB?

They also come from different issuers: Innovator and Aptus Capital Advisors. Their fees differ too: 0.79% for DDFF and 0.25% for JULB.