EDGU vs. DDTL

Last updated Jul 17, 2026

EDGU (3EDGE Dynamic US Equity ETF) and DDTL (Innovator Equity Dual Directional 10 Buffer ETF - July) are both exchange-traded funds - EDGU is a Large Cap Blend Equities fund actively managed by 3EDGE Asset Management, while DDTL is a Defined Outcome fund managed by Innovator. Over the past year, EDGU returned 21.40% vs 11.58% for DDTL. A 0.76 correlation means they provide meaningful diversification when combined. EDGU charges 0.91%/yr vs 0.79%/yr for DDTL.

Performance

EDGU vs. DDTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic US Equity ETF (EDGU) 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, EDGU achieves a 11.00% return, which is significantly higher than DDTL's 5.40% return.

EDGU

• 1D: -0.42%
• 1M: -0.79%
• 6M: 8.92%
• YTD: 11.00%
• 1Y: 21.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDTL

• 1D: -0.07%
• 1M: 0.66%
• 6M: 5.00%
• YTD: 5.40%
• 1Y: 11.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGU vs. DDTL - Yearly Performance Comparison

	2026 (YTD)	2025
EDGU 3EDGE Dynamic US Equity ETF	11.00%	9.90%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	5.40%	4.70%

Correlation

The correlation between EDGU and DDTL is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.76

The correlation between EDGU and DDTL has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.

Return for Risk

EDGU vs. DDTL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDGU

EDGU Risk / Return Rank: 67
EDGU Sharpe Ratio Rank: 63
EDGU Sortino Ratio Rank: 60
EDGU Omega Ratio Rank: 60
EDGU Calmar Ratio Rank: 75
EDGU Martin Ratio Rank: 75

DDTL

DDTL Risk / Return Rank: 85
DDTL Sharpe Ratio Rank: 85
DDTL Sortino Ratio Rank: 87
DDTL Omega Ratio Rank: 90
DDTL Calmar Ratio Rank: 75
DDTL Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGU vs. DDTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic US Equity ETF (EDGU) 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.

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.

	EDGU	DDTL	Difference
Sharpe ratio: Return per unit of total volatility	1.67	2.18	-0.51
Sortino ratio: Return per unit of downside risk	2.28	3.20	-0.92
Omega ratio: Gain probability vs. loss probability	1.30	1.45	-0.16
Calmar ratio: Return relative to maximum drawdown	3.04	3.08	-0.04
Martin ratio: Return relative to average drawdown	11.00	16.03	-5.03

EDGU vs. DDTL - Sharpe Ratio Comparison

The current EDGU Sharpe Ratio is 1.67, which is comparable to the DDTL Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of EDGU and DDTL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EDGU vs. DDTL - Drawdown Comparison

The maximum EDGU drawdown since its inception was -17.58%, which is greater than DDTL's maximum drawdown of -3.78%. Use the drawdown chart below to compare losses from any high point for EDGU and DDTL.

Drawdown Indicators

	EDGU	DDTL	Difference
Max Drawdown Largest peak-to-trough decline	-17.58%	-3.78%	-13.80%
Max Drawdown (1Y) Largest decline over 1 year	-7.08%	-3.78%	-3.30%
Current Drawdown Current decline from peak	-1.84%	-0.18%	-1.66%
Average Drawdown Average peak-to-trough decline	-2.45%	-0.43%	-2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	0.72%	+1.23%

Volatility

EDGU vs. DDTL - Volatility Comparison

3EDGE Dynamic US Equity ETF (EDGU) has a higher volatility of 4.10% compared to Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) at 0.99%. This indicates that EDGU's price experiences larger fluctuations and is considered to be riskier than DDTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDGU	DDTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.10%	0.99%	+3.11%
Volatility (6M) Calculated over the trailing 6-month period	10.07%	4.06%	+6.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.85%	5.33%	+7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	5.53%	+9.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.30%	5.53%	+9.77%

EDGU vs. DDTL - Expense Ratio Comparison

EDGU has a 0.91% expense ratio, which is higher than DDTL's 0.79% expense ratio.

Dividends

EDGU vs. DDTL - Dividend Comparison

EDGU's dividend yield for the trailing twelve months is around 0.69%, while DDTL has not paid dividends to shareholders.

Position	TTM	2025	2024
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	0.00%	0.00%	0.00%
EDGU 3EDGE Dynamic US Equity ETF	0.69%	0.61%	0.15%

Frequently Asked Questions

Can I hold both EDGU and DDTL in my portfolio?

EDGU and DDTL 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.

Which is riskier, EDGU or DDTL?

EDGU has higher volatility (4.10%) compared to DDTL (0.99%). In terms of maximum drawdown, EDGU dropped -17.58% vs DDTL's -3.78%.

Which ETF is better, EDGU or DDTL?

On 1-year performance, EDGU leads with 21.40% vs 11.58% for DDTL. On fees, DDTL is cheaper at 0.79% per year. On volatility, DDTL has been the lower-risk option at 0.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDGU or DDTL?

Over the 1-year period, EDGU has performed better with a 21.40% return vs 11.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDGU or DDTL?

DDTL is cheaper with a 0.79% expense ratio, compared with 0.91% for EDGU.

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

EDGU has the higher dividend yield at 0.69%, compared with 0.00% for DDTL.

What is the main difference between EDGU and DDTL?

EDGU is categorized as Large Cap Blend Equities, while DDTL is Defined Outcome. They also come from different issuers: 3EDGE Asset Management and Innovator. Their fees differ too: 0.91% for EDGU and 0.79% for DDTL.

Which has better risk-adjusted returns?

DDTL currently has the higher Sharpe Ratio (2.18 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.