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Launched

Innovator Equity Dual Directional 10 Buffer ETF - January

DDTJCboeInnovatorC

$20.590.00 (+0.02%)

As of Nov 10, 2026, 9:46 AM ET

C53/ 100

Rank 6 of 11 in S&P 500 Dual Directional, 9-12% Buffer

C53/100Rank 6 of 11inS&P 500 Dual Directional, 9-12% Buffer
Intraday session: up, 1 prints from 20.59 to 20.59. Range 20.59 to 20.59. Use the arrow keys to read each point.20.5920.5920.6010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$18M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
2.36K sh
52W range
low $18.22high $20.81
Launched

The ETF.net DDTJ Grade

Based on 4 of 6 pillars

C

Score 53 out of 100

Category
S&P 500 Dual Directional, 9-12% Buffer⁠
Rank
6 of 11
Six-pillar profile for DDTJ. Scores out of 100: Cost 68, Risk 51, Mission not scored, Tradability 30, Holdings not scored, Durability 42. Strongest: Cost (68). Weakest: Tradability (30). Based on 4 of 6 pillars.

Score 53 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 100
    Rank 1 of 11

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 7 of 11

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 10 of 11

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C42 out of 100
    Rank 10 of 11

Our read on DDTJ

ETF.net Research

In short

CBuffer funds cushion a drop. This one can pay you for it: if the S&P 500 ETF it references ends the outcome period down within 10%, the fund aims to turn that decline into a gain. Past that, a 10% buffer takes over, and upside is capped.

Stated mandate

The Fund seeks positive returns in both rising markets and certain declining markets. It can capture gains up to a cap, provide positive returns within an inverse performance threshold, and limit losses beyond that threshold.

Why people hold it

  • Down can mean up: a decline within 10% over the outcome period is what the fund seeks to convert into a positive return of the same size, before fees.sec.gov
  • If losses run past the threshold, the inverse payoff switches off and the buffer switches on: the fund seeks returns 10% less than the underlying S&P 500 ETF's loss.sec.gov
  • Fees run 0.79%, the same sticker as the December and November siblings (DDTD, DDTN) and below the 0.85% FT Vest dual-directional alternative (DLNV).
  • Clean calendar plumbing: the outcome period runs January 1 to December 31, then resets, so shares can be held across periods without rolling anything yourself.innovatoretfs.com

Worth knowing

  • It's a cliff, not a slope: if the decline exceeds the threshold at period end, the inverse gains are forfeited and the buffered outcome applies instead.sec.gov
  • Upside is capped, and a new cap is set at each reset, so it can rise or fall. Buy mid-period and your own cap and remaining buffer differ from the stated terms.sec.gov
  • A 2026 launch, small and lightly traded, which makes the bid-ask spread a real part of the cost of getting in and out.

DDTJ Performance

Launched Jan 2, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
DDTJ$10,059
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. DDTJ $10,059. SPY $9,758. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 DDTJ. Periods over one year show the average yearly return.
PeriodDDTJ
Year to dateFund launched this yearNo data
1 month−0.8%
3 months+0.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 DDTJ
YearReturn barDDTJ
2026 YTD+8.3%

Since listing, Jan 2, 2026

DDTJ in the news

DDTJ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jan 2026. No distributions yet.

DDTJ Risk

Risk pillarC51 out of 100Rank 7 of 11 in S&P 500 Dual Directional, 9-12% Buffer
How much the fund’s monthly returns vary, scaled to a year.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
0.50
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.

FMP measures it over up to five years of monthly returns.

DDTJ Cost

Tied cheapest in S&P 500 Dual Directional, 9-12% Buffer

$15,174

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DDTJ 0.79%

    $15,174

$10,000
30 years

Cost over time

  • DDTJ 0.79%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DDTJ $15,174

Year by year

YearDDTJ
10$1,405
20$5,331
30$15,174

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