OCTB vs. DDTN

Last updated Jul 17, 2026

OCTB (Aptus October Buffer ETF) and DDTN (Innovator Equity Dual Directional 10 Buffer ETF - November) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. OCTB charges 0.25%/yr vs 0.79%/yr for DDTN.

Performance

OCTB vs. DDTN - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with OCTB having a 6.99% return and DDTN slightly lower at 6.79%.

OCTB

• 1D: -0.20%
• 1M: 0.66%
• 6M: 6.28%
• YTD: 6.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDTN

• 1D: -0.42%
• 1M: 0.37%
• 6M: 5.68%
• YTD: 6.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OCTB vs. DDTN - Yearly Performance Comparison

	2026 (YTD)	2025
OCTB Aptus October Buffer ETF	6.99%	0.92%
DDTN Innovator Equity Dual Directional 10 Buffer ETF - November	6.79%	0.84%

Correlation

The correlation between OCTB and DDTN is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.94

Return for Risk

OCTB vs. DDTN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus October Buffer ETF (OCTB) 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

OCTB vs. DDTN - Drawdown Comparison

The maximum OCTB drawdown since its inception was -4.79%, smaller than the maximum DDTN drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for OCTB and DDTN.

Drawdown Indicators

	OCTB	DDTN	Difference
Max Drawdown Largest peak-to-trough decline	-4.79%	-5.38%	+0.59%
Current Drawdown Current decline from peak	-0.24%	-0.42%	+0.18%
Average Drawdown Average peak-to-trough decline	-0.66%	-0.77%	+0.11%

Volatility

Volatility by Period

	OCTB	DDTN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.14%	7.60%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.14%	7.60%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.14%	7.60%	-0.46%

OCTB vs. DDTN - Expense Ratio Comparison

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

Dividends

OCTB vs. DDTN - Dividend Comparison

Neither OCTB nor DDTN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OCTB and DDTN in my portfolio?

With a correlation of 0.94, OCTB 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, OCTB or DDTN?

On fees, OCTB 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, OCTB or DDTN?

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

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

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

What is the main difference between OCTB and DDTN?

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