Data as of Sep 21, 2026.
DDFA vs VOO: how they differ
DDFA and VOO are measured over different days, and VOO charges 0.03% to DDFA's 0.79%.
Innovator Equity Dual Directional 15 Buffer ETF - Apr and Vanguard S&P 500 ETF.
| DDFA Innovator Equity Dual Directional 15 Buffer ETF - Apr | VOO Vanguard S&P 500 ETF | |
|---|---|---|
| Where it sits | Buffer ETF | Core fund |
| Issuer | Innovator | Vanguard |
| What it is | Defined outcome, 15% on SPY | Tracks the S&P 500 |
| Total return, 1 year | not published | +16.6% |
| S&P 500 over the same days | not published | +16.6% |
| Gap to the S&P 500 | not available | 0.0 pts |
| Expense ratio | 0.79% | 0.03% |
| Holdings | not filed | 508 |
| Net assets | $108m | $1000.0bn |
DDFA in plain words
SPY had already risen past this fund's cap of +13.4% for the period on Sep 21, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.1% as the period runs out. The fund's price can fall 8.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 16.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 191 days remained on Sep 21, 2026. On Mar 31, 2027 the period ends and a new cap is set.
VOO in plain words
VOO tracks the S&P 500. Over the year to Sep 18, 2026 it returned +16.6% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Aug 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 37.8%.
Questions people ask
- Which is cheaper, DDFA or VOO?
- DDFA charges 0.79% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
- Are DDFA and VOO the same kind of fund?
- No. DDFA is a buffer ETF and VOO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DDFA against VOO, data as of Sep 21, 2026. https://etfiq.com/compare/any/ddfa-vs-voo Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources