Data as of Nov 4, 2026.

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DDFD vs VOO: Differences, Returns & Fees

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DDFD and VOO are measured over different days, and VOO charges 0.03% to DDFD's 0.79%.

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Net assets: $95m on Nov 4, 2026 for Innovator Equity Dual Directional 15 Buffer ETF - Dec, and $1.0tn on Oct 31, 2026 for Vanguard S&P 500 ETF.

At a glance
+7.9%
DDFD total return, since launch, Dec 1, 2025
+14.8%
VOO total return, 1 year
0.79%
DDFD expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.76 points a year less.

DDFD vs VOO: Differences, Returns & Fees
MeasureDDFDVOO
Return
Total return, 1 yearnot published+14.8%
Drawdown
Index fall to the buffer10.8%
Fund price fall to the buffer8.2%
Benchmark
What it tracksSPYS&P 500 Index
The outcome period
Buffer left, in index points15.0% of 15.0%
Days left in the period26
Period endsNov 30, 2026
Cost and size
Expense ratio0.79%0.03%
Net assets, DDFD as of Nov 4, 2026 and VOO as of Oct 31, 2026$95m$1.0tn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Holdings datedSep 30, 2026
Top ten holdings, share of the fund39.1%

Method

Risk and return

Dec 12, 2025 to Oct 30, 2026 · 46 weekly returns
DDFD VOO
Return
Total return edge VOO +7.2% +12.1%
Price return edge VOO +7.2% +10.8%
Risk
Max drawdown edge DDFD −2.9% −8.4%
Reading

From Dec 2025 to Oct 2026, VOO returned more: +12.1% to +7.2%. DDFD fell less at its worst: −2.9% to −8.4%.

Full scorecard

3 measures, with how each is measured
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Risk and return: DDFD vs VOO: Differences, Returns & Fees
MeasureDDFDVOOEdgeHow it is measured
Return
Total return+7.2%+12.1%VOOPrice change plus distributions, reinvested.
Price return+7.2%+10.8%VOOPrice change alone, distributions left out.
Risk
Max drawdown−2.9%−8.4%DDFDDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 46 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

DDFD Innovator Equity Dual Directional 15 Buffer ETF - Dec VOO Vanguard S&P 500 ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 15% on SPY Tracks the S&P 500
Total return, 1 year +7.9% (since launch, Dec 1, 2025) +14.8%
Its benchmark over the same days +12.7% (SPY) (since launch, Dec 1, 2025) +14.8% (IVV)
Gap to its benchmark −4.8 pts vs SPY (since launch, Dec 1, 2025) 0.0 pts vs IVV
Expense ratio 0.79% 0.03%
Holdings not read by ETFIQ 505
Net assets, DDFD as of Nov 4, 2026 and VOO as of Oct 31, 2026 $95m $1.0tn

DDFD and VOO on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for DDFD.

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About each fund
DDFD

SPY had already risen past this fund's cap of +9.6% for the period on Nov 4, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 0.6% as the period runs out.

The fund's price can fall 8.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 10.8% 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. 26 days remained on Nov 4, 2026. On Nov 30, 2026 the period ends and a new cap is set.

VOO

VOO tracks the S&P 500. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 39.1%.

Questions people ask

Are DDFD and VOO in the same category?
DDFD is a buffer ETF and VOO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, DDFD or VOO?
VOO is cheaper, by 0.76 percentage points a year. That is about $76 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, DDFD against VOO, data as of Nov 4, 2026. https://etfiq.com/compare/any/ddfd-vs-voo

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