DDFN vs. FFTY

Last updated Jun 4, 2026

DDFN (Innovator Equity Dual Directional 15 Buffer ETF - November) and FFTY (Innovator IBD 50 ETF) are both exchange-traded funds - DDFN is a Defined Outcome fund actively managed by Innovator, while FFTY is a Large Cap Growth Equities fund tracking the IBD 50 Index. DDFN is actively managed, while FFTY is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. DDFN charges 0.79%/yr vs 0.80%/yr for FFTY.

Performance

DDFN vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 15 Buffer ETF - November (DDFN) and Innovator IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDFN achieves a 4.46% return, which is significantly lower than FFTY's 20.11% return.

DDFN

• 1D: -0.22%
• 1M: 1.47%
• YTD: 4.46%
• 6M: 5.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFTY

• 1D: -0.14%
• 1M: 7.67%
• YTD: 20.11%
• 6M: 21.02%
• 1Y: 38.14%
• 3Y*: 21.57%
• 5Y*: -0.60%
• 10Y*: 7.57%

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

DDFN vs. FFTY - Yearly Performance Comparison

	2026 (YTD)	2025
DDFN Innovator Equity Dual Directional 15 Buffer ETF - November	4.46%	0.64%
FFTY Innovator IBD 50 ETF	20.11%	-12.88%

Correlation

The correlation between DDFN and FFTY is 0.68, 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 Nov 4, 2025	0.68

DDFN vs. FFTY - Sectors Allocation Comparison

Sectors	DDFN	FFTY
Technology	36.2%	24.8%
Financial Services	11.9%	13.1%
Communication Services	10.9%	3.7%
Consumer Cyclical	10.1%	4.8%
Healthcare	8.4%	12.1%
Industrials	8.1%	26.6%
Consumer Defensive	4.9%	-
Energy	3.5%	8.0%
Utilities	2.3%	2.1%
Real Estate	1.9%	-
Basic Materials	1.8%	21.6%

Return for Risk

DDFN vs. FFTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFTY

FFTY Risk / Return Rank: 30
FFTY Sharpe Ratio Rank: 30
FFTY Sortino Ratio Rank: 28
FFTY Omega Ratio Rank: 30
FFTY Calmar Ratio Rank: 33
FFTY Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DDFN vs. FFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 15 Buffer ETF - November (DDFN) and Innovator IBD 50 ETF (FFTY). 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

	DDFN	FFTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.73	0.20	+1.54

Drawdowns

DDFN vs. FFTY - Drawdown Comparison

The maximum DDFN drawdown since its inception was -3.40%, smaller than the maximum FFTY drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for DDFN and FFTY.

Drawdown Indicators

	DDFN	FFTY	Difference
Max Drawdown Largest peak-to-trough decline	-3.40%	-59.46%	+56.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-59.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.46%	—
Current Drawdown Current decline from peak	-0.22%	-15.34%	+15.12%
Average Drawdown Average peak-to-trough decline	-0.47%	-22.38%	+21.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.77%	—

Volatility

Volatility by Period

	DDFN	FFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.26%	34.09%	-28.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.26%	29.14%	-23.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.26%	27.41%	-22.15%

DDFN vs. FFTY - Expense Ratio Comparison

DDFN has a 0.79% expense ratio, which is lower than FFTY's 0.80% expense ratio.

Dividends

DDFN vs. FFTY - Dividend Comparison

DDFN has not paid dividends to shareholders, while FFTY's dividend yield for the trailing twelve months is around 1.12%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDFN Innovator Equity Dual Directional 15 Buffer ETF - November	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FFTY Innovator IBD 50 ETF	1.12%	1.35%	0.91%	0.65%	2.75%	0.22%	0.00%	0.00%	0.00%	0.17%

Frequently Asked Questions

Can I hold both DDFN and FFTY in my portfolio?

DDFN and FFTY have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDFN or FFTY?

On fees, DDFN 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, DDFN or FFTY?

DDFN is cheaper with a 0.79% expense ratio, compared with 0.80% for FFTY.

Which ETF pays a higher dividend yield, DDFN or FFTY?

FFTY has the higher dividend yield at 1.12%, compared with 0.00% for DDFN.

What is the main difference between DDFN and FFTY?

DDFN is categorized as Defined Outcome, while FFTY is Large Cap Growth Equities. Their fees differ too: 0.79% for DDFN and 0.80% for FFTY.