DGLO vs. DDTL

Last updated Jun 6, 2026

DGLO (First Trust RBA Deglobalization ETF) and DDTL (Innovator Equity Dual Directional 10 Buffer ETF - July) are both exchange-traded funds - DGLO is a Large Cap Blend Equities fund actively managed by First Trust, while DDTL is a Defined Outcome fund managed by Innovator. A 0.52 correlation means they provide meaningful diversification when combined. DGLO charges 0.70%/yr vs 0.79%/yr for DDTL.

Performance

DGLO vs. DDTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust RBA Deglobalization ETF (DGLO) and Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGLO achieves a 15.52% return, which is significantly higher than DDTL's 4.28% return.

DGLO

• 1D: -1.20%
• 1M: 0.86%
• YTD: 15.52%
• 6M: 14.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDTL

• 1D: -0.30%
• 1M: 0.62%
• YTD: 4.28%
• 6M: 5.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DGLO vs. DDTL - Yearly Performance Comparison

	2026 (YTD)	2025
DGLO First Trust RBA Deglobalization ETF	15.52%	3.03%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	4.28%	4.88%

Correlation

The correlation between DGLO and DDTL is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 8, 2025	0.52

Return for Risk

DGLO vs. DDTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RBA Deglobalization ETF (DGLO) and Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL). 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

	DGLO	DDTL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	2.20	-0.67

Drawdowns

DGLO vs. DDTL - Drawdown Comparison

The maximum DGLO drawdown since its inception was -7.74%, which is greater than DDTL's maximum drawdown of -3.78%. Use the drawdown chart below to compare losses from any high point for DGLO and DDTL.

Drawdown Indicators

	DGLO	DDTL	Difference
Max Drawdown Largest peak-to-trough decline	-7.74%	-3.78%	-3.96%
Current Drawdown Current decline from peak	-1.20%	-0.30%	-0.90%
Average Drawdown Average peak-to-trough decline	-2.05%	-0.40%	-1.65%

Volatility

Volatility by Period

	DGLO	DDTL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.45%	5.45%	+10.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	5.45%	+10.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	5.45%	+10.00%

DGLO vs. DDTL - Expense Ratio Comparison

DGLO has a 0.70% expense ratio, which is lower than DDTL's 0.79% expense ratio.

Dividends

DGLO vs. DDTL - Dividend Comparison

DGLO's dividend yield for the trailing twelve months is around 0.48%, while DDTL has not paid dividends to shareholders.

Position	TTM	2025
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	0.00%	0.00%
DGLO First Trust RBA Deglobalization ETF	0.48%	0.39%

Frequently Asked Questions

Can I hold both DGLO and DDTL in my portfolio?

DGLO and DDTL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGLO or DDTL?

On fees, DGLO is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGLO or DDTL?

DGLO is cheaper with a 0.70% expense ratio, compared with 0.79% for DDTL.

Which ETF pays a higher dividend yield, DGLO or DDTL?

DGLO has the higher dividend yield at 0.48%, compared with 0.00% for DDTL.

What is the main difference between DGLO and DDTL?

DGLO is categorized as Large Cap Blend Equities, while DDTL is Defined Outcome. They also come from different issuers: First Trust and Innovator. Their fees differ too: 0.70% for DGLO and 0.79% for DDTL.