DDSQ vs. QB

Last updated Jun 4, 2026

DDSQ (Innovator Equity Dual Directional 5 Buffer ETF - Quarterly) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both Defined Outcome funds. DDSQ is actively managed, while QB is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. DDSQ charges 0.79%/yr vs 0.58%/yr for QB.

Performance

DDSQ vs. QB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 5 Buffer ETF - Quarterly (DDSQ) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDSQ

• 1D: 0.00%
• 1M: 1.06%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QB

• 1D: -0.19%
• 1M: 2.95%
• YTD: 10.47%
• 6M: 9.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDSQ vs. QB - Yearly Performance Comparison

	2026 (YTD)
DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly	9.54%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	10.39%

Correlation

The correlation between DDSQ and QB 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 Jan 5, 2026	0.68

DDSQ vs. QB - Sectors Allocation Comparison

Sectors	DDSQ	QB
Technology	36.2%	49.9%
Financial Services	11.9%	0.2%
Communication Services	10.9%	16.4%
Consumer Cyclical	10.1%	12.5%
Healthcare	8.4%	5.3%
Industrials	8.1%	3.7%
Consumer Defensive	4.9%	8.6%
Energy	3.5%	0.6%
Utilities	2.3%	1.6%
Real Estate	1.9%	0.1%
Basic Materials	1.8%	1.3%

Return for Risk

DDSQ vs. QB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 5 Buffer ETF - Quarterly (DDSQ) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). 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

	DDSQ	QB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.11	3.17	-1.06

Drawdowns

DDSQ vs. QB - Drawdown Comparison

The maximum DDSQ drawdown since its inception was -3.69%, which is greater than QB's maximum drawdown of -1.83%. Use the drawdown chart below to compare losses from any high point for DDSQ and QB.

Drawdown Indicators

	DDSQ	QB	Difference
Max Drawdown Largest peak-to-trough decline	-3.69%	-1.83%	-1.86%
Current Drawdown Current decline from peak	-0.12%	-0.30%	+0.18%
Average Drawdown Average peak-to-trough decline	-0.35%	-0.34%	-0.01%

Volatility

Volatility by Period

	DDSQ	QB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.76%	5.75%	+6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.76%	5.75%	+6.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.76%	5.75%	+6.01%

DDSQ vs. QB - Expense Ratio Comparison

DDSQ has a 0.79% expense ratio, which is higher than QB's 0.58% expense ratio.

Dividends

DDSQ vs. QB - Dividend Comparison

DDSQ has not paid dividends to shareholders, while QB's dividend yield for the trailing twelve months is around 0.62%.

Position	TTM	2025
DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly	0.00%	0.00%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.62%	0.48%

Frequently Asked Questions

Can I hold both DDSQ and QB in my portfolio?

DDSQ and QB 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, DDSQ or QB?

On fees, QB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDSQ or QB?

QB is cheaper with a 0.58% expense ratio, compared with 0.79% for DDSQ.

Which ETF pays a higher dividend yield, DDSQ or QB?

QB has the higher dividend yield at 0.62%, compared with 0.00% for DDSQ.

What is the main difference between DDSQ and QB?

They also come from different issuers: Innovator and ProShares. Their fees differ too: 0.79% for DDSQ and 0.58% for QB.