Innovator Equity Dual Directional 10 Buffer ETF
$20.930.00 (0.00%)
- 0.79%
- $18M
- 0M sh
- $20.93
- low $18.28high $20.95
The ETF.net DDTF Grade
C
Score 47 out of 100
- 7 of 11
Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B68 out of 100Rank 1 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 10 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 10 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 10 of 11
Our read on DDTF
CMost buffered funds only cushion a drop. This one aims to pay you for a mild one: if the S&P 500 ends the period modestly down, the fund targets that decline as a gain, with a 10% buffer and capped upside. February is its reset month.
The fund uses a defined outcome strategy seeking positive returns when its reference asset rises or falls within a specified inverse-performance threshold, while buffering losses beyond that threshold up to the stated buffer.
Why people hold it
- Dual direction: tracks the S&P 500 up 1:1 to a cap, and if the reference finishes the period down within the inverse threshold, it seeks a positive return equal to that decline.sec.govglobenewswire.com
- A 10% buffer sits underneath, absorbing the first slice of losses over a full outcome period, before fees and expenses.innovatoretfs.com
- The 0.79% fee sits at the middle of the dual directional pack and below FT Vest's DLNV at 0.85%.
- Built from FLEX options settled through the Options Clearing Corporation inside a 1940 Act ETF, not a note riding on one bank's balance sheet.sec.gov
Worth knowing
- The outcomes are engineered for holders across the full February 1 to January 31 period. Buy mid-period and your personal cap and remaining buffer differ from the stated terms.sec.gov
- The cap is reset each February off option pricing at the time, so the trade between upside room and protection shifts from one period to the next.sec.gov
- It is a small, lightly traded fund holding options rather than dividend payers, so no income stream. Sibling months (DDTD, DDTN, DDTJ) run the same recipe at the same fee.
DDTF Holdings
- Stocks
- 4
- 108%
- Spy 01/29/2027 6.98 C
Sectors
- Technology40.1%
- Financials11.3%
- Communication9.9%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.6%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
DDTF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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DDTF$10,265
Returns run to the Oct 12, 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.
| Period | DDTF |
|---|---|
| Year to date | — |
| 1 month | +1.1% |
| 3 months | +2.7% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DDTF |
|---|---|---|
| 2026 YTD | +8.0% |
DDTF in the news
DDTF Dividends
Listed Feb 2026. No distributions yet.
DDTF Risk
- —
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.
- —
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.
- —
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.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DDTF Cost
0.79%
DDTF0.79%
- The middle half of S&P 500 Dual Directional, 9-12% Buffer funds
- Median 0.79%
No S&P 500 Dual Directional, 9-12% Buffer fund charges less.
Other funds in S&P 500 Dual Directional, 9-12% Buffer
- BDDTDInnovator Equity Dual Directional 10 Buffer ETF - DecemberExpense ratio 0.79%1 year return —
- CDDTJInnovator Equity Dual Directional 10 Buffer ETF - JanuaryExpense ratio 0.79%1 year return —
- CDLAGFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Dual Directional Buffer ETF - AugustExpense ratio 0.85%1 year return +12.4%
- DDLFEFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Dual Directional Buffer ETF - FebruaryExpense ratio 0.85%1 year return —
- DDLNVFT Vest U.S. Equity Dual Directional Buffer ETF - NovemberExpense ratio 0.85%1 year return —