DDTM vs. JULB

Last updated Jun 4, 2026

DDTM (Innovator Equity Dual Directional 10 Buffer ETF - March) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. DDTM is passively managed, while JULB is actively managed. With a 0.97 correlation, they move nearly in lockstep. DDTM charges 0.79%/yr vs 0.25%/yr for JULB.

Performance

DDTM vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 10 Buffer ETF - March (DDTM) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDTM

• 1D: -0.15%
• 1M: 2.04%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULB

• 1D: -0.07%
• 1M: 2.40%
• YTD: 6.35%
• 6M: 6.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTM vs. JULB - Yearly Performance Comparison

	2026 (YTD)
DDTM Innovator Equity Dual Directional 10 Buffer ETF - March	4.73%
JULB Aptus July Buffer ETF	5.44%

Correlation

The correlation between DDTM and JULB is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 3, 2026	0.97

Return for Risk

DDTM vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - March (DDTM) and Aptus July Buffer ETF (JULB). 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

	DDTM	JULB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.36	2.17	+0.19

Drawdowns

DDTM vs. JULB - Drawdown Comparison

The maximum DDTM drawdown since its inception was -4.73%, smaller than the maximum JULB drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for DDTM and JULB.

Drawdown Indicators

	DDTM	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-4.73%	-5.24%	+0.51%
Current Drawdown Current decline from peak	-0.15%	-0.07%	-0.08%
Average Drawdown Average peak-to-trough decline	-0.84%	-0.87%	+0.03%

Volatility

Volatility by Period

	DDTM	JULB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.40%	6.81%	+1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.40%	6.81%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.40%	6.81%	+1.59%

DDTM vs. JULB - Expense Ratio Comparison

DDTM has a 0.79% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

DDTM vs. JULB - Dividend Comparison

Neither DDTM nor JULB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDTM and JULB in my portfolio?

With a correlation of 0.97, DDTM and JULB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DDTM or JULB?

On fees, JULB 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, DDTM or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.79% for DDTM.

Which ETF pays a higher dividend yield, DDTM or JULB?

DDTM and JULB have nearly identical dividend yields, around 0.00%.

What is the main difference between DDTM and JULB?

They also come from different issuers: Innovator and Aptus Capital Advisors. Their fees differ too: 0.79% for DDTM and 0.25% for JULB.