DDTJ vs. SFLR

Last updated Jun 6, 2026

DDTJ (Innovator Equity Dual Directional 10 Buffer ETF - January) and SFLR (Innovator Equity Managed Floor ETF) are both exchange-traded funds - DDTJ is a Defined Outcome fund actively managed by Innovator, while SFLR is a Options Trading 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 SFLR.

Performance

DDTJ vs. SFLR - 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 Equity Managed Floor ETF (SFLR). 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*: —

SFLR

• 1D: -2.45%
• 1M: 1.58%
• YTD: 3.59%
• 6M: 3.63%
• 1Y: 17.46%
• 3Y*: 15.25%
• 5Y*: —
• 10Y*: —

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

DDTJ vs. SFLR - Yearly Performance Comparison

	2026 (YTD)
DDTJ Innovator Equity Dual Directional 10 Buffer ETF - January	4.65%
SFLR Innovator Equity Managed Floor ETF	3.42%

Correlation

The correlation between DDTJ and SFLR 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. SFLR - Sectors Allocation Comparison

Sectors	DDTJ	SFLR
Technology	36.2%	35.5%
Financial Services	11.9%	11.3%
Communication Services	10.9%	11.7%
Consumer Cyclical	10.1%	10.0%
Healthcare	8.4%	8.5%
Industrials	8.1%	8.4%
Consumer Defensive	4.9%	4.8%
Energy	3.5%	3.7%
Utilities	2.3%	2.5%
Real Estate	1.9%	1.6%
Basic Materials	1.8%	2.1%

Return for Risk

DDTJ vs. SFLR — Risk / Return Rank

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

SFLR

SFLR Risk / Return Rank: 58
SFLR Sharpe Ratio Rank: 58
SFLR Sortino Ratio Rank: 55
SFLR Omega Ratio Rank: 63
SFLR Calmar Ratio Rank: 54
SFLR Martin Ratio Rank: 61

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. SFLR - 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 Equity Managed Floor ETF (SFLR). 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	SFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	1.63	-0.20

Drawdowns

DDTJ vs. SFLR - Drawdown Comparison

The maximum DDTJ drawdown since its inception was -5.15%, smaller than the maximum SFLR drawdown of -12.13%. Use the drawdown chart below to compare losses from any high point for DDTJ and SFLR.

Drawdown Indicators

	DDTJ	SFLR	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-12.13%	+6.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.13%	—
Current Drawdown Current decline from peak	-0.97%	-2.45%	+1.48%
Average Drawdown Average peak-to-trough decline	-0.83%	-1.74%	+0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.67%	—

Volatility

Volatility by Period

	DDTJ	SFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.99%	9.26%	-1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.99%	10.23%	-2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.99%	10.23%	-2.24%

DDTJ vs. SFLR - Expense Ratio Comparison

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

Dividends

DDTJ vs. SFLR - Dividend Comparison

DDTJ has not paid dividends to shareholders, while SFLR's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022
DDTJ Innovator Equity Dual Directional 10 Buffer ETF - January	0.00%	0.00%	0.00%	0.00%	0.00%
SFLR Innovator Equity Managed Floor ETF	0.33%	0.33%	0.42%	1.16%	0.06%

Frequently Asked Questions

Can I hold both DDTJ and SFLR in my portfolio?

DDTJ and SFLR 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 SFLR?

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 SFLR?

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

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

SFLR has the higher dividend yield at 0.33%, compared with 0.00% for DDTJ.

What is the main difference between DDTJ and SFLR?

DDTJ is categorized as Defined Outcome, while SFLR is Options Trading. Their fees differ too: 0.79% for DDTJ and 0.89% for SFLR.