DDFM vs. BOUT
DDFM (Innovator Equity Dual Directional 15 Buffer ETF - March) and BOUT (Innovator IBD Breakout Opportunities ETF) are both exchange-traded funds - DDFM is a Defined Outcome fund tracking the SPDR S&P 500 ETF Trust (SPY), while BOUT is a Mid Cap Growth Equities fund tracking the IBD Breakout Stocks Total Return Index. Both are passively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. DDFM charges 0.79%/yr vs 0.80%/yr for BOUT.
Performance
DDFM vs. BOUT - Performance Comparison
Loading charts...
Returns By Period
DDFM
- 1D
- 0.21%
- 1M
- 0.55%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BOUT
- 1D
- 0.00%
- 1M
- -1.72%
- 6M
- 19.69%
- YTD
- 27.36%
- 1Y
- 26.50%
- 3Y*
- 12.18%
- 5Y*
- 7.04%
- 10Y*
- —
- ALL TIME*
- 8.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $64.60K | $107.52K | $108.59K | |
| $52.30K | $63.44K | $88.30K |
DDFM vs. BOUT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DDFM Innovator Equity Dual Directional 15 Buffer ETF - March | 3.54% |
BOUT Innovator IBD Breakout Opportunities ETF | 13.22% |
Correlation
The correlation between DDFM and BOUT is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 2, 2026 | 0.62 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DDFM vs. BOUT — Risk / Return Rank
DDFM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BOUT
DDFM vs. BOUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 15 Buffer ETF - March (DDFM) and Innovator IBD Breakout Opportunities ETF (BOUT). 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.
| DDFM | BOUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.05 | — |
| Martin ratioReturn relative to average drawdown | — | 5.74 | — |
Loading charts...
Drawdowns
DDFM vs. BOUT - Drawdown Comparison
The maximum DDFM drawdown since its inception was -3.49%, smaller than the maximum BOUT drawdown of -36.98%. Use the drawdown chart below to compare losses from any high point for DDFM and BOUT.
Loading charts...
Drawdown Indicators
| DDFM | BOUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.49% | -36.98% | +33.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.76% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.28% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.50% | +5.50% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -12.18% | +11.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.19% | — |
Volatility
DDFM vs. BOUT - Volatility Comparison
Loading charts...
Volatility by Period
| DDFM | BOUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.34% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.67% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.31% | 22.61% | -17.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.31% | 19.79% | -14.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.31% | 22.97% | -17.66% |
DDFM vs. BOUT - Expense Ratio Comparison
DDFM has a 0.79% expense ratio, which is lower than BOUT's 0.80% expense ratio.
Dividends
DDFM vs. BOUT - Dividend Comparison
DDFM has not paid dividends to shareholders, while BOUT's dividend yield for the trailing twelve months is around 0.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BOUT Innovator IBD Breakout Opportunities ETF | 0.27% | 0.34% | 0.60% | 1.32% | 1.35% | 0.00% | 0.00% | 0.00% | 0.22% |
DDFM Innovator Equity Dual Directional 15 Buffer ETF - March | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DDFM and BOUT have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DDFM is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DDFM is cheaper with a 0.79% expense ratio, compared with 0.80% for BOUT.
BOUT has the higher dividend yield at 0.27%, compared with 0.00% for DDFM.
DDFM is categorized as Defined Outcome, while BOUT is Mid Cap Growth Equities. DDFM tracks SPDR S&P 500 ETF Trust (SPY), while BOUT tracks IBD Breakout Stocks Total Return Index. Their fees differ too: 0.79% for DDFM and 0.80% for BOUT.
Find the right allocation for DDFM and BOUT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer