DDSQ vs. QFLR

Last updated Jun 5, 2026

DDSQ (Innovator Equity Dual Directional 5 Buffer ETF - Quarterly) and QFLR (Innovator Nasdaq-100 Managed Floor ETF) are both exchange-traded funds - DDSQ is a Defined Outcome fund actively managed by Innovator, while QFLR is a Nasdaq-100 fund actively managed by Innovator. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. DDSQ charges 0.79%/yr vs 0.89%/yr for QFLR.

Performance

DDSQ vs. QFLR - 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 Innovator Nasdaq-100 Managed Floor ETF (QFLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDSQ

• 1D: 0.09%
• 1M: 1.03%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QFLR

• 1D: -0.07%
• 1M: 3.24%
• YTD: 6.83%
• 6M: 5.81%
• 1Y: 26.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDSQ vs. QFLR - Yearly Performance Comparison

	2026 (YTD)
DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly	9.64%
QFLR Innovator Nasdaq-100 Managed Floor ETF	6.89%

Correlation

The correlation between DDSQ and QFLR is 0.77, 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	0.77

DDSQ vs. QFLR - Sectors Allocation Comparison

Sectors	DDSQ	QFLR
Technology	36.2%	50.8%
Financial Services	11.9%	0.9%
Communication Services	10.9%	18.4%
Consumer Cyclical	10.1%	12.1%
Healthcare	8.4%	3.2%
Industrials	8.1%	2.8%
Consumer Defensive	4.9%	9.2%
Energy	3.5%	1.1%
Utilities	2.3%	1.5%
Real Estate	1.9%	-
Basic Materials	1.8%	0.0%

Return for Risk

DDSQ vs. QFLR — Risk / Return Rank

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

QFLR

QFLR Risk / Return Rank: 74
QFLR Sharpe Ratio Rank: 73
QFLR Sortino Ratio Rank: 72
QFLR Omega Ratio Rank: 75
QFLR Calmar Ratio Rank: 71
QFLR Martin Ratio Rank: 78

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.

DDSQ vs. QFLR - 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 Innovator Nasdaq-100 Managed Floor ETF (QFLR). 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	QFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.12	1.39	+0.73

Drawdowns

DDSQ vs. QFLR - Drawdown Comparison

The maximum DDSQ drawdown since its inception was -3.69%, smaller than the maximum QFLR drawdown of -13.97%. Use the drawdown chart below to compare losses from any high point for DDSQ and QFLR.

Drawdown Indicators

	DDSQ	QFLR	Difference
Max Drawdown Largest peak-to-trough decline	-3.69%	-13.97%	+10.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.61%	—
Current Drawdown Current decline from peak	-0.02%	-0.54%	+0.52%
Average Drawdown Average peak-to-trough decline	-0.35%	-2.49%	+2.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.78%	—

Volatility

Volatility by Period

	DDSQ	QFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.71%	11.27%	+0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.71%	12.61%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.71%	12.61%	-0.90%

DDSQ vs. QFLR - Expense Ratio Comparison

DDSQ has a 0.79% expense ratio, which is lower than QFLR's 0.89% expense ratio.

Dividends

DDSQ vs. QFLR - Dividend Comparison

Neither DDSQ nor QFLR has paid dividends to shareholders.

Position	TTM	2025	2024
DDSQ Innovator Equity Dual Directional 5 Buffer ETF - Quarterly	0.00%	0.00%	0.00%
QFLR Innovator Nasdaq-100 Managed Floor ETF	0.00%	0.02%	0.03%

Frequently Asked Questions

Can I hold both DDSQ and QFLR in my portfolio?

DDSQ and QFLR have a correlation of 0.77, 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 QFLR?

On fees, DDSQ 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, DDSQ or QFLR?

DDSQ is cheaper with a 0.79% expense ratio, compared with 0.89% for QFLR.

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

DDSQ and QFLR have nearly identical dividend yields, around 0.00%.

What is the main difference between DDSQ and QFLR?

DDSQ is categorized as Defined Outcome, while QFLR is Nasdaq-100. Their fees differ too: 0.79% for DDSQ and 0.89% for QFLR.