DDTM vs. SFLR

Last updated Aug 5, 2026

DDTM (Innovator Equity Dual Directional 10 Buffer ETF - March) and SFLR (Innovator Equity Managed Floor ETF) are both exchange-traded funds - DDTM is a Defined Outcome fund tracking the SPDR S&P 500 ETF Trust (SPY), while SFLR is a Options Trading fund actively managed by Innovator. DDTM is passively managed, while SFLR is actively managed. Their correlation of 0.86 means they have usually moved in the same direction. DDTM charges 0.79%/yr vs 0.89%/yr for SFLR.

Performance

DDTM vs. SFLR - 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 Innovator Equity Managed Floor ETF (SFLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDTM

• 1D: 0.52%
• 1M: 1.64%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SFLR

• 1D: 0.50%
• 1M: 0.85%
• 6M: 5.63%
• YTD: 5.77%
• 1Y: 13.41%
• 3Y*: 14.45%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DDTM Innovator Equity Dual Directional 10 Buffer ETF - March	$16.94K	$11.74K	$17.70K
SFLR Innovator Equity Managed Floor ETF	$7.39M	$8.55M	$12.95M

DDTM vs. SFLR - Yearly Performance Comparison

	2026 (YTD)
DDTM Innovator Equity Dual Directional 10 Buffer ETF - March	6.14%
SFLR Innovator Equity Managed Floor ETF	5.80%

Correlation

The correlation between DDTM and SFLR is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 2, 2026	0.86

Return for Risk

DDTM vs. SFLR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DDTM

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

SFLR

SFLR Risk / Return Rank: 50
SFLR Sharpe Ratio Rank: 49
SFLR Sortino Ratio Rank: 46
SFLR Omega Ratio Rank: 50
SFLR Calmar Ratio Rank: 49
SFLR Martin Ratio Rank: 56

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DDTM vs. SFLR - 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 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.

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.

	DDTM	SFLR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.37	—
Sortino ratio: Return per unit of downside risk	—	1.87	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	1.98	—
Martin ratio: Return relative to average drawdown	—	7.37	—

Drawdowns

DDTM vs. SFLR - Drawdown Comparison

The maximum DDTM drawdown since its inception was -5.20%, smaller than the maximum SFLR drawdown of -12.13%. Use the drawdown chart below to compare losses from any high point for DDTM and SFLR.

Drawdown Indicators

	DDTM	SFLR	Difference
Max Drawdown Largest peak-to-trough decline	-5.20%	-12.13%	+6.93%
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	0.00%	-0.40%	+0.40%
Average Drawdown Average peak-to-trough decline	-0.80%	-1.74%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.82%	—

Volatility

Volatility by Period

	DDTM	SFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.59%	9.91%	-2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.59%	10.28%	-2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.59%	10.28%	-2.69%

DDTM vs. SFLR - Expense Ratio Comparison

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

Dividends

DDTM vs. SFLR - Dividend Comparison

DDTM has not paid dividends to shareholders, while SFLR's dividend yield for the trailing twelve months is around 0.28%.

Position	TTM	2025	2024	2023	2022
DDTM Innovator Equity Dual Directional 10 Buffer ETF - March	0.00%	0.00%	0.00%	0.00%	0.00%
SFLR Innovator Equity Managed Floor ETF	0.28%	0.33%	0.42%	1.16%	0.06%

Frequently Asked Questions

Can I hold both DDTM and SFLR in my portfolio?

DDTM and SFLR have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDTM or SFLR?

On fees, DDTM 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, DDTM or SFLR?

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

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

SFLR has the higher dividend yield at 0.28%, compared with 0.00% for DDTM.

What is the main difference between DDTM and SFLR?

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