DDTN vs. OCTB

Last updated Aug 5, 2026

DDTN (Innovator Equity Dual Directional 10 Buffer ETF - November) and OCTB (Aptus October Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.95 means they have usually moved in the same direction. DDTN charges 0.79%/yr vs 0.25%/yr for OCTB.

Performance

DDTN vs. OCTB - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with DDTN having a 8.54% return and OCTB slightly lower at 8.32%.

DDTN

• 1D: 0.70%
• 1M: 2.05%
• 6M: 7.93%
• YTD: 8.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

OCTB

• 1D: 0.53%
• 1M: 1.84%
• 6M: 7.69%
• YTD: 8.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
DDTN Innovator Equity Dual Directional 10 Buffer ETF - November	$679.68K	$320.37K	$284.49K
OCTB Aptus October Buffer ETF	$307.48K	$192.02K	$108.63K

DDTN vs. OCTB - Yearly Performance Comparison

	2026 (YTD)	2025
DDTN Innovator Equity Dual Directional 10 Buffer ETF - November	8.54%	0.84%
OCTB Aptus October Buffer ETF	8.32%	0.92%

Correlation

The correlation between DDTN and OCTB is 0.95, 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 Nov 3, 2025	0.95

Return for Risk

DDTN vs. OCTB - 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 Aptus October Buffer ETF (OCTB). 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

DDTN vs. OCTB - Drawdown Comparison

The maximum DDTN drawdown since its inception was -5.38%, which is greater than OCTB's maximum drawdown of -4.79%. Use the drawdown chart below to compare losses from any high point for DDTN and OCTB.

Drawdown Indicators

	DDTN	OCTB	Difference
Max Drawdown Largest peak-to-trough decline	-5.38%	-4.79%	-0.59%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.76%	-0.65%	-0.11%

Volatility

Volatility by Period

	DDTN	OCTB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.67%	7.15%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.67%	7.15%	+0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.67%	7.15%	+0.52%

DDTN vs. OCTB - Expense Ratio Comparison

DDTN has a 0.79% expense ratio, which is higher than OCTB's 0.25% expense ratio.

Dividends

DDTN vs. OCTB - Dividend Comparison

Neither DDTN nor OCTB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDTN and OCTB in my portfolio?

With a correlation of 0.95, DDTN and OCTB 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, DDTN or OCTB?

On fees, OCTB 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, DDTN or OCTB?

OCTB is cheaper with a 0.25% expense ratio, compared with 0.79% for DDTN.

Which ETF pays a higher dividend yield, DDTN or OCTB?

DDTN and OCTB have nearly identical dividend yields, around 0.00%.

What is the main difference between DDTN and OCTB?

They also come from different issuers: Innovator and Aptus. Their fees differ too: 0.79% for DDTN and 0.25% for OCTB.