DDTL vs. BRCE

Last updated Jun 24, 2026

DDTL (Innovator Equity Dual Directional 10 Buffer ETF - July) and BRCE (MFS Blended Research Core Equity ETF) are both exchange-traded funds - DDTL is a Defined Outcome fund managed by Innovator, while BRCE is a Large Cap Blend Equities fund actively managed by MFS. A 0.76 correlation means they provide meaningful diversification when combined. DDTL charges 0.79%/yr vs 0.24%/yr for BRCE.

Performance

DDTL vs. BRCE - 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 MFS Blended Research Core Equity ETF (BRCE). 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 BRCE's 10.51% return.

DDTL

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

BRCE

• 1D: -1.23%
• 1M: 0.17%
• YTD: 10.51%
• 6M: 9.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTL vs. BRCE - Yearly Performance Comparison

	2026 (YTD)	2025
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	4.69%	1.65%
BRCE MFS Blended Research Core Equity ETF	10.51%	2.04%

Correlation

The correlation between DDTL and BRCE is 0.76, 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 Oct 22, 2025	0.76

Return for Risk

DDTL vs. BRCE - 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 MFS Blended Research Core Equity ETF (BRCE). 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.

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

Drawdowns

DDTL vs. BRCE - Drawdown Comparison

The maximum DDTL drawdown since its inception was -3.78%, smaller than the maximum BRCE drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for DDTL and BRCE.

Drawdown Indicators

	DDTL	BRCE	Difference
Max Drawdown Largest peak-to-trough decline	-3.78%	-8.77%	+4.99%
Current Drawdown Current decline from peak	-0.02%	-2.20%	+2.18%
Average Drawdown Average peak-to-trough decline	-0.45%	-1.56%	+1.11%

Volatility

Volatility by Period

	DDTL	BRCE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.63%	14.63%	-9.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.63%	14.63%	-9.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.63%	14.63%	-9.00%

DDTL vs. BRCE - Expense Ratio Comparison

DDTL has a 0.79% expense ratio, which is higher than BRCE's 0.24% expense ratio.

Dividends

DDTL vs. BRCE - Dividend Comparison

DDTL has not paid dividends to shareholders, while BRCE's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025
BRCE MFS Blended Research Core Equity ETF	0.34%	0.19%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	0.00%	0.00%

Frequently Asked Questions

Can I hold both DDTL and BRCE in my portfolio?

DDTL and BRCE have a correlation of 0.76, 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 BRCE?

On fees, BRCE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDTL or BRCE?

BRCE is cheaper with a 0.24% expense ratio, compared with 0.79% for DDTL.

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

BRCE has the higher dividend yield at 0.34%, compared with 0.00% for DDTL.

What is the main difference between DDTL and BRCE?

DDTL is categorized as Defined Outcome, while BRCE is Large Cap Blend Equities. They also come from different issuers: Innovator and MFS. Their fees differ too: 0.79% for DDTL and 0.24% for BRCE.