DDTN vs. LOUP
DDTN (Innovator Equity Dual Directional 10 Buffer ETF - November) and LOUP (Innovator Deepwater Frontier Tech ETF) are both exchange-traded funds - DDTN is a Defined Outcome fund actively managed by Innovator, while LOUP is a Technology Equities fund tracking the Deepwater Frontier Tech Index. DDTN is actively managed, while LOUP is passively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. DDTN charges 0.79%/yr vs 0.70%/yr for LOUP.
Performance
DDTN vs. LOUP - Performance Comparison
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Returns By Period
In the year-to-date period, DDTN achieves a 8.54% return, which is significantly lower than LOUP's 18.96% return.
DDTN
- 1D
- 0.70%
- 1M
- 2.05%
- 6M
- 7.93%
- YTD
- 8.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LOUP
- 1D
- 2.98%
- 1M
- -5.37%
- 6M
- 18.58%
- YTD
- 18.96%
- 1Y
- 43.26%
- 3Y*
- 32.09%
- 5Y*
- 11.73%
- 10Y*
- —
- ALL TIME*
- 17.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $679.68K | $320.37K | $284.49K | |
| $1.10M | $965.59K | $1.36M |
DDTN vs. LOUP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DDTN Innovator Equity Dual Directional 10 Buffer ETF - November | 8.54% | 0.84% |
LOUP Innovator Deepwater Frontier Tech ETF | 18.96% | -6.50% |
Correlation
The correlation between DDTN and LOUP is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025 | 0.77 |
DDTN vs. LOUP - Sectors Allocation Comparison
Sectors
DDTN
LOUP
Technology
Financial Services
Communication Services
Consumer Cyclical
Healthcare
Industrials
Consumer Defensive
-
Energy
Utilities
Real Estate
-
Basic Materials
-
Technology
DDTN
LOUP
Financial Services
DDTN
LOUP
Communication Services
DDTN
LOUP
Consumer Cyclical
DDTN
LOUP
Healthcare
DDTN
LOUP
Industrials
DDTN
LOUP
Consumer Defensive
DDTN
LOUP
-
Energy
DDTN
LOUP
Utilities
DDTN
LOUP
Real Estate
DDTN
LOUP
-
Basic Materials
DDTN
LOUP
-
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Return for Risk
DDTN vs. LOUP — Risk / Return Rank
DDTN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LOUP
DDTN vs. LOUP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - November (DDTN) and Innovator Deepwater Frontier Tech ETF (LOUP). 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.
| DDTN | LOUP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.07 | — |
| Martin ratioReturn relative to average drawdown | — | 6.07 | — |
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Drawdowns
DDTN vs. LOUP - Drawdown Comparison
The maximum DDTN drawdown since its inception was -5.38%, smaller than the maximum LOUP drawdown of -58.68%. Use the drawdown chart below to compare losses from any high point for DDTN and LOUP.
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Drawdown Indicators
| DDTN | LOUP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.38% | -58.68% | +53.30% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.00% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.63% | — |
Current DrawdownCurrent decline from peak | 0.00% | -8.95% | +8.95% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -19.78% | +19.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.15% | — |
Volatility
DDTN vs. LOUP - Volatility Comparison
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Volatility by Period
| DDTN | LOUP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.41% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 25.17% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 31.32% | -23.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.67% | 32.92% | -25.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.67% | 32.09% | -24.42% |
DDTN vs. LOUP - Expense Ratio Comparison
DDTN has a 0.79% expense ratio, which is higher than LOUP's 0.70% expense ratio.
Dividends
DDTN vs. LOUP - Dividend Comparison
Neither DDTN nor LOUP has paid dividends to shareholders.
Frequently Asked Questions
DDTN and LOUP have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LOUP is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LOUP is cheaper with a 0.70% expense ratio, compared with 0.79% for DDTN.
DDTN and LOUP have nearly identical dividend yields, around 0.00%.
DDTN is categorized as Defined Outcome, while LOUP is Technology Equities. Their fees differ too: 0.79% for DDTN and 0.70% for LOUP.
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