DDTL vs. BLUX

Last updated Jun 24, 2026

DDTL (Innovator Equity Dual Directional 10 Buffer ETF - July) and BLUX (Bluemonte Dynamic Total Market ETF) are both exchange-traded funds - DDTL is a Defined Outcome fund managed by Innovator, while BLUX is a Large Cap Blend Equities fund managed by Bluemonte. A 0.74 correlation means they provide meaningful diversification when combined. DDTL charges 0.79%/yr vs 0.25%/yr for BLUX.

Performance

DDTL vs. BLUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) and Bluemonte Dynamic Total Market ETF (BLUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDTL achieves a 4.69% return, which is significantly lower than BLUX's 13.12% return.

DDTL

• 1D: 0.00%
• 1M: 0.60%
• YTD: 4.69%
• 6M: 4.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLUX

• 1D: -0.95%
• 1M: 1.21%
• YTD: 13.12%
• 6M: 11.59%
• 1Y: 26.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTL vs. BLUX - Yearly Performance Comparison

	2026 (YTD)	2025
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	4.69%	4.70%
BLUX Bluemonte Dynamic Total Market ETF	13.12%	9.02%

Correlation

The correlation between DDTL and BLUX is 0.74, 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 Jul 1, 2025	0.74

Return for Risk

DDTL vs. BLUX — Risk / Return Rank

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

DDTL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BLUX

BLUX Risk / Return Rank: 64
BLUX Sharpe Ratio Rank: 62
BLUX Sortino Ratio Rank: 62
BLUX Omega Ratio Rank: 59
BLUX Calmar Ratio Rank: 65
BLUX Martin Ratio Rank: 72

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.

DDTL vs. BLUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) and Bluemonte Dynamic Total Market ETF (BLUX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DDTL	BLUX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.87	—
Sortino ratio: Return per unit of downside risk	—	2.62	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.95	—
Martin ratio: Return relative to average drawdown	—	12.23	—

Drawdowns

DDTL vs. BLUX - Drawdown Comparison

The maximum DDTL drawdown since its inception was -3.78%, smaller than the maximum BLUX drawdown of -9.03%. Use the drawdown chart below to compare losses from any high point for DDTL and BLUX.

Drawdown Indicators

	DDTL	BLUX	Difference
Max Drawdown Largest peak-to-trough decline	-3.78%	-9.03%	+5.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.03%	—
Current Drawdown Current decline from peak	-0.02%	-1.12%	+1.10%
Average Drawdown Average peak-to-trough decline	-0.45%	-1.31%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.17%	—

Volatility

Volatility by Period

	DDTL	BLUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.63%	14.24%	-8.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.63%	14.24%	-8.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.63%	14.24%	-8.61%

DDTL vs. BLUX - Expense Ratio Comparison

DDTL has a 0.79% expense ratio, which is higher than BLUX's 0.25% expense ratio.

Dividends

DDTL vs. BLUX - Dividend Comparison

DDTL has not paid dividends to shareholders, while BLUX's dividend yield for the trailing twelve months is around 0.84%.

Position	TTM	2025
BLUX Bluemonte Dynamic Total Market ETF	0.84%	0.73%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	0.00%	0.00%

Frequently Asked Questions

Can I hold both DDTL and BLUX in my portfolio?

DDTL and BLUX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDTL or BLUX?

On fees, BLUX 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, DDTL or BLUX?

BLUX is cheaper with a 0.25% expense ratio, compared with 0.79% for DDTL.

Which ETF pays a higher dividend yield, DDTL or BLUX?

BLUX has the higher dividend yield at 0.84%, compared with 0.00% for DDTL.

What is the main difference between DDTL and BLUX?

DDTL is categorized as Defined Outcome, while BLUX is Large Cap Blend Equities. They also come from different issuers: Innovator and Bluemonte. Their fees differ too: 0.79% for DDTL and 0.25% for BLUX.