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DDFL

GradeBChicago Board Options Exchange

Innovator ETFs Trust - Innovator Equity Dual Directional 15 Buffer ETF - July

Dual Directional · Innovator · Inception 2025-07-01 · SEC filings

$21.61−0.08 (−0.38%)

As of Sep 23, 2026, 1:45 PM EDT

History starts Jul 1, 2025.
Intraday session: down, 14 prints from 21.69 to 21.61. Range 21.61 to 21.67. Use the arrow keys to read each point.$21.62$21.64$21.6610 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$158M
1Y return
+7.4%
Yield · Last 12 months
—
Holdings
9
Volume · 30D
0.1M sh
NAV per share
$21.55
52W range
low $20.07high $21.72

The ETF.net DDFL Grade

B

66/ 100

Rank 1 of 19 in S&P 500 Dual Directional⁠

Confidence Medium

Six-pillar profile for DDFL. Scores out of 100: Cost 50, Risk 63, Mission not scored, Tradability 100, Holdings 61, Durability 87. Strongest: Tradability (100). Weakest: Cost (50). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank6/19 · top 32%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 63
    Category rank4/17 · top 24%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 100
    Category rank1/19 · top 5%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 61
    Category rank8/10 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 87
    Category rank1/19 · top 5%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

DDFL Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
9
Top-10 weight
127%
Largest holding
VOO100.0%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VOOVanguard S&P 500 ETF99.98%222,552$159M57
002—VOO 06/30/2027 576.92 P19.55%34,103$31M1
003—VOO 06/30/2027 686.79 P7.05%4,547$11M1
004—US BANK MMDA - USBGFS 9 09/01/20370.39%614,798$615K161
005—VOO 06/30/2027 714.26 C0.15%47$236K1

Showing 1–5 of 5 holdings

DDFL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DDFL$10,738
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DDFL $10,738. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DDFL. Periods over one year show the average yearly return.
PeriodDDFL
Year to date+5.6%
1 month+0.6%
3 months+2.5%
1 year+7.4%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DDFL
YearReturn barDDFL
2026 YTD+5.6%
2025+4.8%

Since listing, Jul 1, 2025

DDFL in the news

ETF.net Research hasn’t filed on DDFL yet — coverage lands here as it’s written.

DDFL Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

DDFL Risk

How much the fund’s monthly returns vary, scaled to a year.
2.2%
Annualised · 13 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.93
vs 3-month T-bills · 13 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−1.6%
14 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.15
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DDFL Cost

Expense ratio0.79%
  • The middle half of S&P 500 Dual Directional funds
  • Median 0.79%

No S&P 500 Dual Directional fund charges less.

DDFL costs $79.00 a year on $10,000. The median S&P 500 Dual Directional fund costs $79.00.