Data as of Nov 4, 2026.

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DDFY vs SPYM: Differences, Returns & Fees

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DDFY and SPYM are measured over different days, and SPYM charges 0.02% to DDFY's 0.79%.

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Net assets: $77m on Nov 4, 2026 for Innovator Equity Dual Directional 15 Buffer ETF - May, and $181.7bn on Nov 3, 2026 for State Street SPDR Portfolio S&P 500 ETF.

At a glance
+4.2%
DDFY total return, since launch, May 1, 2026
+14.8%
SPYM total return, 1 year
0.79%
DDFY expense ratio
0.02%
SPYM expense ratio

Pair scorecard

SPYM costs 0.77 points a year less; SPYM is far larger, $181.7bn against $76m.

DDFY vs SPYM: Differences, Returns & Fees
MeasureDDFYSPYM
Return
Total return, 1 yearnot published+14.8%
Drawdown
Index fall to the buffer6.2%
Fund price fall to the buffer4.8%
Benchmark
What it tracksSPYS&P 500 Index
The outcome period
Room to the cap5.2%
Buffer left, in index points15.0% of 15.0%
Days left in the period177
Period endsApr 30, 2027
Cost and size
Expense ratio0.79%0.02%
Net assets, as of Nov 3, 2026$76m$181.7bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund37.3%

Method

Risk and return

May 8, 2026 to Oct 30, 2026 · 25 weekly returns
DDFY SPYM
Return
Total return edge SPYM (slight) +2.9% +3.0%
Price return edge DDFY +2.9% +2.5%
Risk
Max drawdown edge DDFY −1.0% −3.4%
Reading

From May 2026 to Oct 2026, SPYM returned slightly more: +3.0% to +2.9%. DDFY fell less at its worst: −1.0% to −3.4%.

Full scorecard

3 measures, with how each is measured
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Risk and return: DDFY vs SPYM: Differences, Returns & Fees
MeasureDDFYSPYMEdgeHow it is measured
Return
Total return+2.9%+3.0%SPYM (slight)Price change plus distributions, reinvested.
Price return+2.9%+2.5%DDFYPrice change alone, distributions left out.
Risk
Max drawdown−1.0%−3.4%DDFYDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 25 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

DDFY Innovator Equity Dual Directional 15 Buffer ETF - May SPYM State Street SPDR Portfolio 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 +4.2% (since launch, May 1, 2026) +14.8%
Its benchmark over the same days +6.4% (SPY) (since launch, May 1, 2026) +14.8% (IVV)
Gap to its benchmark −2.2 pts vs SPY (since launch, May 1, 2026) 0.0 pts vs IVV
Expense ratio 0.79% 0.02%
Holdings not read by ETFIQ 506
Net assets, DDFY as of Nov 4, 2026 and SPYM as of Nov 3, 2026 $77m $181.7bn
Former ticker none SPLG

DDFY and SPYM 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 DDFY.

Alert

DDFY and SPYM flows, by email on Sundays.

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About each fund
DDFY

From its price on Nov 4, 2026, the fund can gain about 5.2% more before it reaches its cap. The fund's price can fall 4.8% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 6.2% 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. 177 days remained on Nov 4, 2026. On Apr 30, 2027 the period ends and a new cap is set.

SPYM

SPYM 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 0.02% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 37.3%.

Questions people ask

Are DDFY and SPYM in the same category?
DDFY is a buffer ETF and SPYM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, DDFY or SPYM?
SPYM is cheaper, by 0.77 percentage points a year. That is about $77 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, DDFY against SPYM, data as of Nov 4, 2026. https://etfiq.com/compare/any/ddfy-vs-spym

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