JULB vs. DDTN

Last updated Jun 24, 2026

JULB (Aptus July Buffer ETF) and DDTN (Innovator Equity Dual Directional 10 Buffer ETF - November) are both Defined Outcome funds. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. JULB charges 0.25%/yr vs 0.79%/yr for DDTN.

Performance

JULB vs. DDTN - Performance Comparison

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

Returns By Period

In the year-to-date period, JULB achieves a 6.38% return, which is significantly higher than DDTN's 5.61% return.

JULB

• 1D: -0.37%
• 1M: 0.61%
• YTD: 6.38%
• 6M: 6.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDTN

• 1D: -0.59%
• 1M: -0.03%
• YTD: 5.61%
• 6M: 5.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JULB vs. DDTN - Yearly Performance Comparison

	2026 (YTD)	2025
JULB Aptus July Buffer ETF	6.38%	1.10%
DDTN Innovator Equity Dual Directional 10 Buffer ETF - November	5.61%	0.84%

Correlation

The correlation between JULB and DDTN is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.96

Return for Risk

JULB vs. DDTN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus July Buffer ETF (JULB) and Innovator Equity Dual Directional 10 Buffer ETF - November (DDTN). 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

JULB vs. DDTN - Drawdown Comparison

The maximum JULB drawdown since its inception was -5.24%, roughly equal to the maximum DDTN drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for JULB and DDTN.

Drawdown Indicators

	JULB	DDTN	Difference
Max Drawdown Largest peak-to-trough decline	-5.24%	-5.38%	+0.14%
Current Drawdown Current decline from peak	-0.43%	-1.01%	+0.58%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.81%	-0.02%

Volatility

Volatility by Period

	JULB	DDTN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	6.84%	7.83%	-0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.84%	7.83%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.84%	7.83%	-0.99%

JULB vs. DDTN - Expense Ratio Comparison

JULB has a 0.25% expense ratio, which is lower than DDTN's 0.79% expense ratio.

Dividends

JULB vs. DDTN - Dividend Comparison

Neither JULB nor DDTN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JULB and DDTN in my portfolio?

With a correlation of 0.96, JULB and DDTN 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, JULB or DDTN?

On fees, JULB 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, JULB or DDTN?

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

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

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

What is the main difference between JULB and DDTN?

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