DDTS vs. BPH

Last updated Jun 4, 2026

DDTS (Innovator Equity Dual Directional 10 Buffer ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - DDTS is a Defined Outcome fund actively managed by Innovator, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a correlation of -0.54, they often move in opposite directions. DDTS charges 0.79%/yr vs 0.19%/yr for BPH.

Performance

DDTS vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 10 Buffer ETF (DDTS) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDTS

• 1D: -0.22%
• 1M: 1.66%
• YTD: 5.10%
• 6M: 6.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTS vs. BPH - Yearly Performance Comparison

	2026 (YTD)
DDTS Innovator Equity Dual Directional 10 Buffer ETF	0.11%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between DDTS and BPH is -0.54, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.54

Return for Risk

DDTS vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF (DDTS) and BP p.l.c. ADRhedged ETF (BPH). 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

	DDTS	BPH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.92	9.48	-7.55

Drawdowns

DDTS vs. BPH - Drawdown Comparison

The maximum DDTS drawdown since its inception was -4.28%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for DDTS and BPH.

Drawdown Indicators

	DDTS	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-4.28%	-2.35%	-1.93%
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.52%	-1.08%	+0.56%

Volatility

Volatility by Period

	DDTS	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	6.72%	25.75%	-19.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.72%	25.75%	-19.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.72%	25.75%	-19.03%

DDTS vs. BPH - Expense Ratio Comparison

DDTS has a 0.79% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

DDTS vs. BPH - Dividend Comparison

Neither DDTS nor BPH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DDTS and BPH in my portfolio?

DDTS and BPH have a correlation of -0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDTS or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDTS or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.79% for DDTS.

Which ETF pays a higher dividend yield, DDTS or BPH?

DDTS and BPH have nearly identical dividend yields, around 0.00%.

What is the main difference between DDTS and BPH?

DDTS is categorized as Defined Outcome, while BPH is Oil & Gas. They also come from different issuers: Innovator and Precidian. Their fees differ too: 0.79% for DDTS and 0.19% for BPH.