DDFL vs. UXJL

Last updated Jun 5, 2026

DDFL (Innovator Equity Dual Directional 15 Buffer ETF - July) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. DDFL charges 0.79%/yr vs 0.85%/yr for UXJL.

Performance

DDFL vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 15 Buffer ETF - July (DDFL) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDFL achieves a 2.83% return, which is significantly lower than UXJL's 12.29% return.

DDFL

• 1D: 0.02%
• 1M: 0.67%
• YTD: 2.83%
• 6M: 3.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: 0.46%
• 1M: 5.57%
• YTD: 12.29%
• 6M: 12.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDFL vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
DDFL Innovator Equity Dual Directional 15 Buffer ETF - July	2.83%	4.04%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	12.29%	9.31%

Correlation

The correlation between DDFL and UXJL 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 Jul 22, 2025	0.77

Return for Risk

DDFL vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 15 Buffer ETF - July (DDFL) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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

	DDFL	UXJL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.59	1.91	+0.68

Drawdowns

DDFL vs. UXJL - Drawdown Comparison

The maximum DDFL drawdown since its inception was -1.63%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for DDFL and UXJL.

Drawdown Indicators

	DDFL	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-1.63%	-10.29%	+8.66%
Current Drawdown Current decline from peak	-0.02%	-0.31%	+0.29%
Average Drawdown Average peak-to-trough decline	-0.19%	-1.51%	+1.32%

Volatility

Volatility by Period

	DDFL	UXJL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.25%	13.88%	-10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.25%	13.88%	-10.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.25%	13.88%	-10.63%

DDFL vs. UXJL - Expense Ratio Comparison

DDFL has a 0.79% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

DDFL vs. UXJL - Dividend Comparison

Neither DDFL nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDFL and UXJL in my portfolio?

DDFL and UXJL 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, DDFL or UXJL?

On fees, DDFL is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDFL or UXJL?

DDFL is cheaper with a 0.79% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, DDFL or UXJL?

DDFL and UXJL have nearly identical dividend yields, around 0.00%.

What is the main difference between DDFL and UXJL?

They also come from different issuers: Innovator and First Trust. Their fees differ too: 0.79% for DDFL and 0.85% for UXJL.