JANB vs. DDNQ

Last updated Jul 17, 2026

JANB (Aptus January Buffer ETF) and DDNQ (Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly) are both Defined Outcome funds. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. JANB charges 0.25%/yr vs 0.79%/yr for DDNQ.

Performance

JANB vs. DDNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus January Buffer ETF (JANB) and Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly (DDNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JANB

• 1D: -0.22%
• 1M: 0.40%
• 6M: 5.92%
• YTD: 6.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDNQ

• 1D: -1.12%
• 1M: -1.64%
• 6M: 2.83%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JANB vs. DDNQ - Yearly Performance Comparison

	2026 (YTD)
JANB Aptus January Buffer ETF	6.78%
DDNQ Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly	2.62%

Correlation

The correlation between JANB and DDNQ is 0.76, 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 Jan 2, 2026	0.76

Return for Risk

JANB vs. DDNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus January Buffer ETF (JANB) and Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly (DDNQ). 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

JANB vs. DDNQ - Drawdown Comparison

The maximum JANB drawdown since its inception was -6.52%, which is greater than DDNQ's maximum drawdown of -5.65%. Use the drawdown chart below to compare losses from any high point for JANB and DDNQ.

Drawdown Indicators

	JANB	DDNQ	Difference
Max Drawdown Largest peak-to-trough decline	-6.52%	-5.65%	-0.87%
Current Drawdown Current decline from peak	-0.22%	-1.86%	+1.64%
Average Drawdown Average peak-to-trough decline	-1.04%	-0.69%	-0.35%

Volatility

Volatility by Period

	JANB	DDNQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.36%	9.85%	-2.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.36%	9.85%	-2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.36%	9.85%	-2.49%

JANB vs. DDNQ - Expense Ratio Comparison

JANB has a 0.25% expense ratio, which is lower than DDNQ's 0.79% expense ratio.

Dividends

JANB vs. DDNQ - Dividend Comparison

Neither JANB nor DDNQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JANB and DDNQ in my portfolio?

JANB and DDNQ have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JANB or DDNQ?

On fees, JANB 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, JANB or DDNQ?

JANB is cheaper with a 0.25% expense ratio, compared with 0.79% for DDNQ.

Which ETF pays a higher dividend yield, JANB or DDNQ?

JANB and DDNQ have nearly identical dividend yields, around 0.00%.

What is the main difference between JANB and DDNQ?

They also come from different issuers: Aptus Capital Advisors and Innovator. Their fees differ too: 0.25% for JANB and 0.79% for DDNQ.