DDTF vs. BPH

Last updated Jun 4, 2026

DDTF (Innovator Equity Dual Directional 10 Buffer ETF - February) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - DDTF is a Defined Outcome fund actively managed by Innovator, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a correlation of -0.31, they often move in opposite directions. DDTF charges 0.79%/yr vs 0.19%/yr for BPH.

Performance

DDTF vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 10 Buffer ETF - February (DDTF) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDTF

• 1D: -0.05%
• 1M: 2.28%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTF vs. BPH - Yearly Performance Comparison

	2026 (YTD)
DDTF Innovator Equity Dual Directional 10 Buffer ETF - February	0.25%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between DDTF and BPH is -0.31, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.31

DDTF vs. BPH - Sectors Allocation Comparison

Sectors	DDTF	BPH
Technology	36.2%	-
Financial Services	11.9%	-
Communication Services	10.9%	-
Consumer Cyclical	10.1%	-
Healthcare	8.4%	-
Industrials	8.1%	-
Consumer Defensive	4.9%	-
Energy	3.5%	100.0%
Utilities	2.3%	-
Real Estate	1.9%	-
Basic Materials	1.8%	-

Return for Risk

DDTF vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - February (DDTF) and BP p.l.c. ADRhedged ETF (BPH). 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

	DDTF	BPH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	9.48	-7.87

Drawdowns

DDTF vs. BPH - Drawdown Comparison

The maximum DDTF drawdown since its inception was -5.42%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for DDTF and BPH.

Drawdown Indicators

	DDTF	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-5.42%	-2.35%	-3.07%
Current Drawdown Current decline from peak	-0.16%	0.00%	-0.16%
Average Drawdown Average peak-to-trough decline	-1.04%	-1.08%	+0.04%

Volatility

Volatility by Period

	DDTF	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.72%	25.75%	-17.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.72%	25.75%	-17.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.72%	25.75%	-17.03%

DDTF vs. BPH - Expense Ratio Comparison

DDTF has a 0.79% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

DDTF vs. BPH - Dividend Comparison

Neither DDTF nor BPH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDTF and BPH in my portfolio?

DDTF and BPH have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDTF or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDTF or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.79% for DDTF.

Which ETF pays a higher dividend yield, DDTF or BPH?

DDTF and BPH have nearly identical dividend yields, around 0.00%.

What is the main difference between DDTF and BPH?

DDTF is categorized as Defined Outcome, while BPH is Oil & Gas. They also come from different issuers: Innovator and Precidian. Their fees differ too: 0.79% for DDTF and 0.19% for BPH.