DDTJ vs. QB

Last updated Jun 6, 2026

DDTJ (Innovator Equity Dual Directional 10 Buffer ETF - January) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both Defined Outcome funds. DDTJ is actively managed, while QB is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. DDTJ charges 0.79%/yr vs 0.58%/yr for QB.

Performance

DDTJ vs. QB - Performance Comparison

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

Returns By Period

DDTJ

• 1D: -0.97%
• 1M: 0.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QB

• 1D: -3.00%
• 1M: -1.90%
• YTD: 6.95%
• 6M: 6.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTJ vs. QB - Yearly Performance Comparison

	2026 (YTD)
DDTJ Innovator Equity Dual Directional 10 Buffer ETF - January	4.65%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	6.88%

Correlation

The correlation between DDTJ and QB is 0.79, 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	0.79

DDTJ vs. QB - Sectors Allocation Comparison

Sectors	DDTJ	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

DDTJ vs. QB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - January (DDTJ) 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

	DDTJ	QB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	2.15	-0.71

Drawdowns

DDTJ vs. QB - Drawdown Comparison

The maximum DDTJ drawdown since its inception was -5.15%, which is greater than QB's maximum drawdown of -3.47%. Use the drawdown chart below to compare losses from any high point for DDTJ and QB.

Drawdown Indicators

	DDTJ	QB	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-3.47%	-1.68%
Current Drawdown Current decline from peak	-0.97%	-3.47%	+2.50%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.36%	-0.47%

Volatility

Volatility by Period

	DDTJ	QB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.99%	6.54%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.99%	6.54%	+1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.99%	6.54%	+1.45%

DDTJ vs. QB - Expense Ratio Comparison

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

Dividends

DDTJ vs. QB - Dividend Comparison

DDTJ has not paid dividends to shareholders, while QB's dividend yield for the trailing twelve months is around 0.64%.

Position	TTM	2025
DDTJ Innovator Equity Dual Directional 10 Buffer ETF - January	0.00%	0.00%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.64%	0.48%

Frequently Asked Questions

Can I hold both DDTJ and QB in my portfolio?

DDTJ and QB have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDTJ 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, DDTJ or QB?

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

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

QB has the higher dividend yield at 0.64%, compared with 0.00% for DDTJ.

What is the main difference between DDTJ and QB?

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