DDNQ vs. BETH

Last updated Aug 1, 2026

DDNQ (Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly) and BETH (ProShares Bitcoin & Ether Market Cap Weight Strategy ETF) are both exchange-traded funds - DDNQ is a Defined Outcome fund actively managed by Innovator, while BETH is a Cryptocurrency fund actively managed by ProShares. Both are actively managed. Their 0.44 correlation means their historical movements had little consistent relationship. DDNQ charges 0.79%/yr vs 0.95%/yr for BETH.

Performance

DDNQ vs. BETH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly (DDNQ) and ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDNQ

• 1D: 0.74%
• 1M: -1.23%
• 6M: 1.50%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BETH

• 1D: -2.97%
• 1M: 2.90%
• 6M: -27.29%
• YTD: -31.24%
• 1Y: -46.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.40%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF	$25.58K	$35.12K	$73.06K
DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly	$107.87K	$261.14K	$389.29K

DDNQ vs. BETH - Yearly Performance Comparison

	2026 (YTD)
DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly	1.61%
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF	-31.24%

Correlation

The correlation between DDNQ and BETH is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 2, 2026	0.44

Return for Risk

DDNQ vs. BETH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DDNQ

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

BETH

BETH Risk / Return Rank: 2
BETH Sharpe Ratio Rank: 1
BETH Sortino Ratio Rank: 1
BETH Omega Ratio Rank: 2
BETH Calmar Ratio Rank: 2
BETH Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DDNQ vs. BETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly (DDNQ) and ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH). 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.

	DDNQ	BETH	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.03	—
Sortino ratio: Return per unit of downside risk	—	-1.58	—
Omega ratio: Gain probability vs. loss probability	—	0.83	—
Calmar ratio: Return relative to maximum drawdown	—	-0.86	—
Martin ratio: Return relative to average drawdown	—	-1.31	—

Drawdowns

DDNQ vs. BETH - Drawdown Comparison

The maximum DDNQ drawdown since its inception was -5.79%, smaller than the maximum BETH drawdown of -57.12%. Use the drawdown chart below to compare losses from any high point for DDNQ and BETH.

Drawdown Indicators

	DDNQ	BETH	Difference
Max Drawdown Largest peak-to-trough decline	-5.79%	-57.12%	+51.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-57.12%	—
Current Drawdown Current decline from peak	-2.84%	-53.54%	+50.70%
Average Drawdown Average peak-to-trough decline	-0.88%	-19.65%	+18.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.38%	—

Volatility

Volatility by Period

	DDNQ	BETH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.61%	47.67%	-37.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.61%	50.63%	-40.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.61%	50.63%	-40.02%

DDNQ vs. BETH - Expense Ratio Comparison

DDNQ has a 0.79% expense ratio, which is lower than BETH's 0.95% expense ratio.

Dividends

DDNQ vs. BETH - Dividend Comparison

DDNQ has not paid dividends to shareholders, while BETH's dividend yield for the trailing twelve months is around 53.99%.

Position	TTM	2025	2024	2023
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF	41.98%	57.68%	19.71%	0.36%
DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DDNQ and BETH in my portfolio?

DDNQ and BETH have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDNQ or BETH?

On fees, DDNQ 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, DDNQ or BETH?

DDNQ is cheaper with a 0.79% expense ratio, compared with 0.95% for BETH.

Which ETF pays a higher dividend yield, DDNQ or BETH?

BETH has the higher dividend yield at 41.98%, compared with 0.00% for DDNQ.

What is the main difference between DDNQ and BETH?

DDNQ is categorized as Defined Outcome, while BETH is Cryptocurrency. They also come from different issuers: Innovator and ProShares. Their fees differ too: 0.79% for DDNQ and 0.95% for BETH.