DDTJ vs. QFLR

Last updated Jun 6, 2026

DDTJ (Innovator Equity Dual Directional 10 Buffer ETF - January) and QFLR (Innovator Nasdaq-100 Managed Floor ETF) are both exchange-traded funds - DDTJ is a Defined Outcome fund actively managed by Innovator, while QFLR is a Nasdaq-100 fund actively managed by Innovator. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. DDTJ charges 0.79%/yr vs 0.89%/yr for QFLR.

Performance

DDTJ vs. QFLR - 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 Innovator Nasdaq-100 Managed Floor ETF (QFLR). 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*: —

QFLR

• 1D: -3.63%
• 1M: -1.45%
• YTD: 2.95%
• 6M: 1.73%
• 1Y: 22.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTJ vs. QFLR - Yearly Performance Comparison

	2026 (YTD)
DDTJ Innovator Equity Dual Directional 10 Buffer ETF - January	4.65%
QFLR Innovator Nasdaq-100 Managed Floor ETF	3.01%

Correlation

The correlation between DDTJ and QFLR is 0.85, 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 Jan 5, 2026	0.85

DDTJ vs. QFLR - Sectors Allocation Comparison

Sectors	DDTJ	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

DDTJ 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: 62
QFLR Sharpe Ratio Rank: 59
QFLR Sortino Ratio Rank: 55
QFLR Omega Ratio Rank: 61
QFLR Calmar Ratio Rank: 62
QFLR Martin Ratio Rank: 70

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.

DDTJ vs. QFLR - 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 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

	DDTJ	QFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	1.22	+0.21

Drawdowns

DDTJ vs. QFLR - Drawdown Comparison

The maximum DDTJ drawdown since its inception was -5.15%, smaller than the maximum QFLR drawdown of -13.97%. Use the drawdown chart below to compare losses from any high point for DDTJ and QFLR.

Drawdown Indicators

	DDTJ	QFLR	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-13.97%	+8.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.61%	—
Current Drawdown Current decline from peak	-0.97%	-4.16%	+3.19%
Average Drawdown Average peak-to-trough decline	-0.83%	-2.50%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	DDTJ	QFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.99%	11.87%	-3.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.99%	12.83%	-4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.99%	12.83%	-4.84%

DDTJ vs. QFLR - Expense Ratio Comparison

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

Dividends

DDTJ vs. QFLR - Dividend Comparison

Neither DDTJ nor QFLR has paid dividends to shareholders.

Position	TTM	2025	2024
DDTJ Innovator Equity Dual Directional 10 Buffer ETF - January	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 DDTJ and QFLR in my portfolio?

DDTJ and QFLR have a correlation of 0.85, 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 QFLR?

On fees, DDTJ 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, DDTJ or QFLR?

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

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

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

What is the main difference between DDTJ and QFLR?

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