YOKE vs. DDTL

Last updated Aug 2, 2026

YOKE (Yoke Core ETF) and DDTL (Innovator Equity Dual Directional 10 Buffer ETF - July) are both exchange-traded funds - YOKE is a Large Cap Blend Equities fund actively managed by Alpha Architect, while DDTL is a Defined Outcome fund tracking the SPDR S&P 500 ETF Trust (SPY). YOKE is actively managed, while DDTL is passively managed. Over the past year, YOKE returned 22.33% vs 11.45% for DDTL. Their 0.71 correlation means they have sometimes moved together and sometimes differently. YOKE charges 0.30%/yr vs 0.79%/yr for DDTL.

Performance

YOKE vs. DDTL - Performance Comparison

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

Returns By Period

In the year-to-date period, YOKE achieves a 17.33% return, which is significantly higher than DDTL's 5.33% return.

YOKE

• 1D: 0.71%
• 1M: -0.12%
• 6M: 12.09%
• YTD: 17.33%
• 1Y: 22.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.92%

DDTL

• 1D: 0.34%
• 1M: 0.68%
• 6M: 4.65%
• YTD: 5.33%
• 1Y: 11.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	$1.43M	$1.73M	$1.66M
YOKE Yoke Core ETF	$98.43K	$131.46K	$212.39K

YOKE vs. DDTL - Yearly Performance Comparison

	2026 (YTD)	2025
YOKE Yoke Core ETF	17.33%	4.69%
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	5.33%	4.70%

Correlation

The correlation between YOKE and DDTL is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.71

The correlation between YOKE and DDTL has been stable across timeframes, ranging from 0.71 to 0.71 - a consistent structural relationship.

Return for Risk

YOKE vs. DDTL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YOKE

YOKE Risk / Return Rank: 66
YOKE Sharpe Ratio Rank: 61
YOKE Sortino Ratio Rank: 64
YOKE Omega Ratio Rank: 59
YOKE Calmar Ratio Rank: 71
YOKE Martin Ratio Rank: 75

DDTL

DDTL Risk / Return Rank: 84
DDTL Sharpe Ratio Rank: 81
DDTL Sortino Ratio Rank: 83
DDTL Omega Ratio Rank: 86
DDTL Calmar Ratio Rank: 79
DDTL Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YOKE vs. DDTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Yoke Core ETF (YOKE) and Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL). 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.

	YOKE	DDTL	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.89	-0.42
Sortino ratio: Return per unit of downside risk	2.17	2.74	-0.57
Omega ratio: Gain probability vs. loss probability	1.26	1.38	-0.12
Calmar ratio: Return relative to maximum drawdown	2.52	2.85	-0.33
Martin ratio: Return relative to average drawdown	9.54	14.38	-4.84

YOKE vs. DDTL - Sharpe Ratio Comparison

The current YOKE Sharpe Ratio is 1.47, which is comparable to the DDTL Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of YOKE and DDTL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YOKE vs. DDTL - Drawdown Comparison

The maximum YOKE drawdown since its inception was -14.94%, which is greater than DDTL's maximum drawdown of -3.78%. Use the drawdown chart below to compare losses from any high point for YOKE and DDTL.

Drawdown Indicators

	YOKE	DDTL	Difference
Max Drawdown Largest peak-to-trough decline	-14.94%	-3.78%	-11.16%
Max Drawdown (1Y) Largest decline over 1 year	-8.57%	-3.78%	-4.79%
Current Drawdown Current decline from peak	-3.19%	-0.25%	-2.94%
Average Drawdown Average peak-to-trough decline	-1.97%	-0.45%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	0.75%	+1.51%

Volatility

YOKE vs. DDTL - Volatility Comparison

Yoke Core ETF (YOKE) has a higher volatility of 4.15% compared to Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) at 2.37%. This indicates that YOKE's price experiences larger fluctuations and is considered to be riskier than DDTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YOKE	DDTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	2.37%	+1.78%
Volatility (6M) Calculated over the trailing 6-month period	12.61%	4.38%	+8.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	5.72%	+8.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	5.81%	+11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	5.81%	+11.40%

YOKE vs. DDTL - Expense Ratio Comparison

YOKE has a 0.30% expense ratio, which is lower than DDTL's 0.79% expense ratio.

Dividends

YOKE vs. DDTL - Dividend Comparison

YOKE's dividend yield for the trailing twelve months is around 0.73%, while DDTL has not paid dividends to shareholders.

Position	TTM	2025
DDTL Innovator Equity Dual Directional 10 Buffer ETF - July	0.00%	0.00%
YOKE Yoke Core ETF	0.73%	0.76%

Frequently Asked Questions

Can I hold both YOKE and DDTL in my portfolio?

YOKE and DDTL have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YOKE or DDTL?

YOKE has higher volatility (4.15%) compared to DDTL (2.37%). In terms of maximum drawdown, YOKE dropped -14.94% vs DDTL's -3.78%.

Which ETF is better, YOKE or DDTL?

On 1-year performance, YOKE leads with 22.33% vs 11.45% for DDTL. On fees, YOKE is cheaper at 0.30% per year. On volatility, DDTL has been the lower-risk option at 2.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YOKE or DDTL?

Over the 1-year period, YOKE has performed better with a 22.33% return vs 11.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YOKE or DDTL?

YOKE is cheaper with a 0.30% expense ratio, compared with 0.79% for DDTL.

Which ETF pays a higher dividend yield, YOKE or DDTL?

YOKE has the higher dividend yield at 0.73%, compared with 0.00% for DDTL.

What is the main difference between YOKE and DDTL?

YOKE is categorized as Large Cap Blend Equities, while DDTL is Defined Outcome. They also come from different issuers: Alpha Architect and Innovator. Their fees differ too: 0.30% for YOKE and 0.79% for DDTL.

Which has better risk-adjusted returns?

DDTL currently has the higher Sharpe Ratio (1.89 vs 1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.