DDFM vs. UXJL

Last updated Jun 5, 2026

DDFM (Innovator Equity Dual Directional 15 Buffer ETF - March) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. DDFM is passively managed, while UXJL is actively managed. Their correlation of 0.89 suggests significant overlap in exposure. DDFM charges 0.79%/yr vs 0.85%/yr for UXJL.

Performance

DDFM vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 15 Buffer ETF - March (DDFM) 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

DDFM

• 1D: 0.10%
• 1M: 1.05%
• YTD: —
• 6M: —
• 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)

DDFM vs. UXJL - Yearly Performance Comparison

	2026 (YTD)
DDFM Innovator Equity Dual Directional 15 Buffer ETF - March	3.27%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.92%

Correlation

The correlation between DDFM and UXJL 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 Mar 3, 2026	0.89

Return for Risk

DDFM vs. UXJL - 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 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

	DDFM	UXJL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.24	1.91	+0.33

Drawdowns

DDFM vs. UXJL - Drawdown Comparison

The maximum DDFM drawdown since its inception was -3.09%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for DDFM and UXJL.

Drawdown Indicators

	DDFM	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-3.09%	-10.29%	+7.20%
Current Drawdown Current decline from peak	0.00%	-0.31%	+0.31%
Average Drawdown Average peak-to-trough decline	-0.52%	-1.51%	+0.99%

Volatility

Volatility by Period

	DDFM	UXJL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.89%	13.88%	-7.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.89%	13.88%	-7.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.89%	13.88%	-7.99%

DDFM vs. UXJL - Expense Ratio Comparison

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

Dividends

DDFM vs. UXJL - Dividend Comparison

Neither DDFM nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDFM and UXJL in my portfolio?

DDFM and UXJL 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, DDFM or UXJL?

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.

Which ETF is cheaper, DDFM or UXJL?

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

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

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

What is the main difference between DDFM and UXJL?

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