DDNQ vs. EWT
DDNQ (Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly) and EWT (iShares MSCI Taiwan ETF) are both exchange-traded funds - DDNQ is a Defined Outcome fund actively managed by Innovator, while EWT is a Taiwan Equities fund tracking the MSCI Taiwan 25/50 Index. DDNQ is actively managed, while EWT is passively managed. Their 0.66 correlation means they have sometimes moved together and sometimes differently. DDNQ charges 0.79%/yr vs 0.59%/yr for EWT.
Performance
DDNQ vs. EWT - Performance Comparison
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Returns By Period
DDNQ
- 1D
- 0.74%
- 1M
- -1.23%
- 6M
- 1.50%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EWT
- 1D
- 2.71%
- 1M
- -7.92%
- 6M
- 41.86%
- YTD
- 51.98%
- 1Y
- 72.95%
- 3Y*
- 34.98%
- 5Y*
- 16.96%
- 10Y*
- 17.98%
- ALL TIME*
- 7.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $107.87K | $261.14K | $389.29K | |
| $630.60M | $678.43M | $665.11M |
DDNQ vs. EWT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly | 1.61% |
EWT iShares MSCI Taiwan ETF | 51.98% |
Correlation
The correlation between DDNQ and EWT is 0.66, 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 Jan 2, 2026 | 0.66 |
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Return for Risk
DDNQ vs. EWT — Risk / Return Rank
DDNQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EWT
DDNQ vs. EWT - 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 iShares MSCI Taiwan ETF (EWT). 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 | EWT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.70 | — |
| Martin ratioReturn relative to average drawdown | — | 15.15 | — |
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Drawdowns
DDNQ vs. EWT - Drawdown Comparison
The maximum DDNQ drawdown since its inception was -5.79%, smaller than the maximum EWT drawdown of -64.37%. Use the drawdown chart below to compare losses from any high point for DDNQ and EWT.
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Drawdown Indicators
| DDNQ | EWT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.79% | -64.37% | +58.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.83% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.88% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.88% | — |
Current DrawdownCurrent decline from peak | -2.84% | -13.43% | +10.59% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -19.09% | +18.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.84% | — |
Volatility
DDNQ vs. EWT - Volatility Comparison
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Volatility by Period
| DDNQ | EWT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.40% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 27.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.61% | 30.78% | -20.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.61% | 23.94% | -13.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.61% | 22.19% | -11.58% |
DDNQ vs. EWT - Expense Ratio Comparison
DDNQ has a 0.79% expense ratio, which is higher than EWT's 0.59% expense ratio.
Dividends
DDNQ vs. EWT - Dividend Comparison
DDNQ has not paid dividends to shareholders, while EWT's dividend yield for the trailing twelve months is around 2.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWT iShares MSCI Taiwan ETF | 2.92% | 4.43% | 3.32% | 12.01% | 18.82% | 0.55% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% |
Frequently Asked Questions
DDNQ and EWT have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EWT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EWT is cheaper with a 0.59% expense ratio, compared with 0.79% for DDNQ.
EWT has the higher dividend yield at 2.92%, compared with 0.00% for DDNQ.
DDNQ is categorized as Defined Outcome, while EWT is Taiwan Equities. They also come from different issuers: Innovator and iShares. Their fees differ too: 0.79% for DDNQ and 0.59% for EWT.
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