UXJL vs. DDFS

Last updated Jun 24, 2026

UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and DDFS (Innovator Equity Dual Directional 15 Buffer ETF - September) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. UXJL charges 0.85%/yr vs 0.79%/yr for DDFS.

Performance

UXJL vs. DDFS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and Innovator Equity Dual Directional 15 Buffer ETF - September (DDFS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXJL achieves a 8.46% return, which is significantly higher than DDFS's 3.49% return.

UXJL

• 1D: -1.53%
• 1M: -1.62%
• YTD: 8.46%
• 6M: 7.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDFS

• 1D: -0.18%
• 1M: 0.23%
• YTD: 3.49%
• 6M: 3.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UXJL vs. DDFS - Yearly Performance Comparison

	2026 (YTD)	2025
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	8.46%	6.42%
DDFS Innovator Equity Dual Directional 15 Buffer ETF - September	3.49%	3.42%

Correlation

The correlation between UXJL and DDFS is 0.84, 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 Sep 2, 2025	0.84

Return for Risk

UXJL vs. DDFS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and Innovator Equity Dual Directional 15 Buffer ETF - September (DDFS). 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

UXJL vs. DDFS - Drawdown Comparison

The maximum UXJL drawdown since its inception was -10.29%, which is greater than DDFS's maximum drawdown of -2.29%. Use the drawdown chart below to compare losses from any high point for UXJL and DDFS.

Drawdown Indicators

	UXJL	DDFS	Difference
Max Drawdown Largest peak-to-trough decline	-10.29%	-2.29%	-8.00%
Current Drawdown Current decline from peak	-3.71%	-0.27%	-3.44%
Average Drawdown Average peak-to-trough decline	-1.58%	-0.30%	-1.28%

Volatility

Volatility by Period

	UXJL	DDFS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	3.99%	+10.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.58%	3.99%	+10.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.58%	3.99%	+10.59%

UXJL vs. DDFS - Expense Ratio Comparison

UXJL has a 0.85% expense ratio, which is higher than DDFS's 0.79% expense ratio.

Dividends

UXJL vs. DDFS - Dividend Comparison

Neither UXJL nor DDFS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UXJL and DDFS in my portfolio?

UXJL and DDFS have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UXJL or DDFS?

On fees, DDFS is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UXJL or DDFS?

DDFS is cheaper with a 0.79% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, UXJL or DDFS?

UXJL and DDFS have nearly identical dividend yields, around 0.00%.

What is the main difference between UXJL and DDFS?

They also come from different issuers: First Trust and Innovator. Their fees differ too: 0.85% for UXJL and 0.79% for DDFS.