DDTD vs. JULB

Last updated Jun 6, 2026

DDTD (Innovator Equity Dual Directional 10 Buffer ETF - December) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. DDTD is passively managed, while JULB is actively managed. Their correlation of 0.95 suggests significant overlap in exposure. DDTD charges 0.79%/yr vs 0.25%/yr for JULB.

Performance

DDTD vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 10 Buffer ETF - December (DDTD) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDTD achieves a 5.41% return, which is significantly lower than JULB's 5.70% return.

DDTD

• 1D: -0.69%
• 1M: 0.77%
• YTD: 5.41%
• 6M: 5.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULB

• 1D: -0.77%
• 1M: 0.87%
• YTD: 5.70%
• 6M: 6.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTD vs. JULB - Yearly Performance Comparison

	2026 (YTD)	2025
DDTD Innovator Equity Dual Directional 10 Buffer ETF - December	5.41%	0.82%
JULB Aptus July Buffer ETF	5.70%	0.87%

Correlation

The correlation between DDTD and JULB is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	0.95

Return for Risk

DDTD vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - December (DDTD) and Aptus July Buffer ETF (JULB). 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

	DDTD	JULB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	1.97	-0.30

Drawdowns

DDTD vs. JULB - Drawdown Comparison

The maximum DDTD drawdown since its inception was -5.30%, roughly equal to the maximum JULB drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for DDTD and JULB.

Drawdown Indicators

	DDTD	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-5.30%	-5.24%	-0.06%
Current Drawdown Current decline from peak	-0.71%	-0.77%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.74%	-0.87%	+0.13%

Volatility

Volatility by Period

	DDTD	JULB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.66%	6.85%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.66%	6.85%	+0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.66%	6.85%	+0.81%

DDTD vs. JULB - Expense Ratio Comparison

DDTD has a 0.79% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

DDTD vs. JULB - Dividend Comparison

Neither DDTD nor JULB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDTD and JULB in my portfolio?

With a correlation of 0.95, DDTD and JULB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DDTD or JULB?

On fees, JULB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDTD or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.79% for DDTD.

Which ETF pays a higher dividend yield, DDTD or JULB?

DDTD and JULB have nearly identical dividend yields, around 0.00%.

What is the main difference between DDTD and JULB?

They also come from different issuers: Innovator and Aptus Capital Advisors. Their fees differ too: 0.79% for DDTD and 0.25% for JULB.