Skip to content

DDTAInnovator Equity Dual Directional 10 Buffer ETF - April

Stay safeGrow my moneyNewRanked #285 of 340 in this goal

Seeks to provide capital appreciation by participating in positive returns of the Underlying ETF up to the Upside Cap and buffered returns against losses less than 10% of the Underlying ETF losses.

By Innovator ETFs · Launched 2026

Annual Cost

0.79%

#4,047 of 5,562 · expensive

Fund Size

$15M

#4,552 of 5,562 · small

Dividend YieldGoal

Track Record

3 months

#5,347 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,590+5.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

What it actually holds

By weight

Concentration

Top 1 holdings = 84.8% of fundconcentrated

Vanguard S&P 500 ETFVOO
84.8%

Asset allocation

Stocks
79.0%
Cash
20.8%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-1.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX, NYSE American

Full fund details

Objective
Seeks to provide capital appreciation by participating in positive returns of the Underlying ETF up to the Upside Cap and buffered returns against losses less than 10% of the Underlying ETF losses.
Strategy
Invests primarily in assets providing exposure to the Underlying ETF, designed to achieve capital appreciation and buffered returns against losses exceeding 10% of the Underlying ETF's performance.
Inception date
March 31, 2026
Fund family
Innovator ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

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

What's next?

You've reviewed DDTA. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19