OCTB vs. DDTN

Last updated Jun 5, 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 0.95 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 investments are quite close, with OCTB having a 6.34% return and DDTN slightly higher at 6.37%.

OCTB

• 1D: 0.15%
• 1M: 2.19%
• YTD: 6.34%
• 6M: 6.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDTN

• 1D: 0.04%
• 1M: 2.05%
• YTD: 6.37%
• 6M: 6.64%
• 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	6.34%	0.89%
DDTN Innovator Equity Dual Directional 10 Buffer ETF - November	6.37%	0.99%

Correlation

The correlation between OCTB and DDTN is 0.95, 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 4, 2025	0.95

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OCTB	DDTN	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.00	1.71	+0.29

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	-0.02%	-0.29%	+0.27%
Average Drawdown Average peak-to-trough decline	-0.70%	-0.80%	+0.10%

Volatility

Volatility by Period

	OCTB	DDTN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.18%	7.71%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.18%	7.71%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.18%	7.71%	-0.53%

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 0.95, 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.