DDFO vs. XOMO

Last updated Jul 22, 2026

DDFO (Innovator Equity Dual Directional 15 Buffer ETF - October) and XOMO (YieldMax XOM Option Income Strategy ETF) are both exchange-traded funds - DDFO is a Defined Outcome fund tracking the SPDR S&P 500 ETF Trust, while XOMO is a Derivative Income fund actively managed by YieldMax. DDFO is passively managed, while XOMO is actively managed. At a correlation of -0.21, they often move in opposite directions. DDFO charges 0.79%/yr vs 1.01%/yr for XOMO.

Performance

DDFO vs. XOMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 15 Buffer ETF - October (DDFO) and YieldMax XOM Option Income Strategy ETF (XOMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDFO achieves a 4.60% return, which is significantly lower than XOMO's 18.14% return.

DDFO

• 1D: 0.29%
• 1M: 0.67%
• 6M: 5.07%
• YTD: 4.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

XOMO

• 1D: 1.62%
• 1M: 9.21%
• 6M: 11.18%
• YTD: 18.14%
• 1Y: 30.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.28%

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

DDFO vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025
DDFO Innovator Equity Dual Directional 15 Buffer ETF - October	4.60%	1.91%
XOMO YieldMax XOM Option Income Strategy ETF	18.14%	5.66%

Correlation

The correlation between DDFO and XOMO is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	-0.21

Return for Risk

DDFO vs. XOMO — Risk / Return Rank

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

DDFO

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

XOMO

XOMO Risk / Return Rank: 51
XOMO Sharpe Ratio Rank: 59
XOMO Sortino Ratio Rank: 54
XOMO Omega Ratio Rank: 57
XOMO Calmar Ratio Rank: 46
XOMO Martin Ratio Rank: 39

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.

DDFO vs. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 15 Buffer ETF - October (DDFO) and YieldMax XOM Option Income Strategy ETF (XOMO). 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.

	DDFO	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.48	—
Sortino ratio: Return per unit of downside risk	—	1.99	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	1.76	—
Martin ratio: Return relative to average drawdown	—	4.45	—

Drawdowns

DDFO vs. XOMO - Drawdown Comparison

The maximum DDFO drawdown since its inception was -2.79%, smaller than the maximum XOMO drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for DDFO and XOMO.

Drawdown Indicators

	DDFO	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-2.79%	-18.90%	+16.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.25%	—
Current Drawdown Current decline from peak	0.00%	-9.21%	+9.21%
Average Drawdown Average peak-to-trough decline	-0.38%	-7.50%	+7.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.79%	—

Volatility

Volatility by Period

	DDFO	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.47%	20.51%	-16.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.47%	19.20%	-14.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.47%	19.20%	-14.73%

DDFO vs. XOMO - Expense Ratio Comparison

DDFO has a 0.79% expense ratio, which is lower than XOMO's 1.01% expense ratio.

Dividends

DDFO vs. XOMO - Dividend Comparison

DDFO has not paid dividends to shareholders, while XOMO's dividend yield for the trailing twelve months is around 35.11%.

Position	TTM	2025	2024	2023
DDFO Innovator Equity Dual Directional 15 Buffer ETF - October	0.00%	0.00%	0.00%	0.00%
XOMO YieldMax XOM Option Income Strategy ETF	35.11%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both DDFO and XOMO in my portfolio?

DDFO and XOMO have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDFO or XOMO?

On fees, DDFO 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, DDFO or XOMO?

DDFO is cheaper with a 0.79% expense ratio, compared with 1.01% for XOMO.

Which ETF pays a higher dividend yield, DDFO or XOMO?

XOMO has the higher dividend yield at 35.11%, compared with 0.00% for DDFO.

What is the main difference between DDFO and XOMO?

DDFO is categorized as Defined Outcome, while XOMO is Derivative Income. They also come from different issuers: Innovator and YieldMax. Their fees differ too: 0.79% for DDFO and 1.01% for XOMO.