DDFAInnovator Equity Dual Directional 15 Buffer ETF - April
Seeks to provide capital appreciation by participating in positive returns of the Underlying ETF up to the Upside Cap and buffered returns against losses up to 15% over the Outcome Period.
Innovator ETFs · Since 2026 (2 months)
0.79%
#3848 out of 5,332 ETFs
$0.0M
#5331 out of 5,332 ETFs
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2 months
#5303 out of 5,332 ETFs
Performance
1 Year
N/A
3 Years
N/A
5 Years
N/A
What's inside
Risk profile
N/A
-0.3%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Buffer ETF — downside protection at a cost
Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.
Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)
Why we flagged this: strategy=structured_outcome + structured_outcome_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05