DDTM vs. UXJL

Last updated Jun 4, 2026

DDTM (Innovator Equity Dual Directional 10 Buffer ETF - March) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. DDTM is passively managed, while UXJL is actively managed. With a 0.96 correlation, they move nearly in lockstep. DDTM charges 0.79%/yr vs 0.85%/yr for UXJL.

Performance

DDTM vs. UXJL - 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 FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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*: —

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTM vs. UXJL - Yearly Performance Comparison

	2026 (YTD)
DDTM Innovator Equity Dual Directional 10 Buffer ETF - March	4.73%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.41%

Correlation

The correlation between DDTM and UXJL is 0.96 - 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	0.96

Return for Risk

DDTM vs. UXJL - 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 FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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	UXJL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.36	1.87	+0.49

Drawdowns

DDTM vs. UXJL - Drawdown Comparison

The maximum DDTM drawdown since its inception was -4.73%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for DDTM and UXJL.

Drawdown Indicators

	DDTM	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-4.73%	-10.29%	+5.56%
Current Drawdown Current decline from peak	-0.15%	-0.76%	+0.61%
Average Drawdown Average peak-to-trough decline	-0.84%	-1.51%	+0.67%

Volatility

Volatility by Period

	DDTM	UXJL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.40%	13.90%	-5.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.40%	13.90%	-5.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.40%	13.90%	-5.50%

DDTM vs. UXJL - Expense Ratio Comparison

DDTM has a 0.79% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

DDTM vs. UXJL - Dividend Comparison

Neither DDTM nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDTM and UXJL in my portfolio?

With a correlation of 0.96, DDTM and UXJL 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 UXJL?

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 UXJL?

DDTM is cheaper with a 0.79% expense ratio, compared with 0.85% for UXJL.

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

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

What is the main difference between DDTM and UXJL?

They also come from different issuers: Innovator and First Trust. Their fees differ too: 0.79% for DDTM and 0.85% for UXJL.