DDTM Innovator Equity Dual Directional 10 Buffer ETF - Mar

Share ▾
Share on XDownload as PDF
$20.74
+1.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Since Feb 28, 2026, DDTM returned 8.6%, against SPY's 11.7% price return. It can gain 4.1% more before its cap.

Absorbs the first 10% of loss on SPY and caps the gain at 13.7%, over a period ending Feb 28, 2027Innovator ↗Expense ratio 0.79%Fund assets $13m on Nov 4, 2026Benchmark SPYFund page at the issuer ↗SEC filings ↗Every Innovator fund ETFIQ covers

Promise check: Not measuredNo outcome period of its has finished in ETFIQ's record (snapshots from Sep 4, 2026).

DDTM risk and return scorecard

vs SPY · Mar 2026 to Oct 2026 · 33 weekly returns · dividend-adjusted

Short history · 8 months
DDTM +9.7%, SPY +15.0%, Mar 2026 to Oct 2026, distributions reinvested.

33 weekly returns: annualized numbers and ratios need 52.

Return
MeasureDDTMSPYEdge
Total return+9.7%+15.0%SPY
Price return+9.7%+14.1%SPY
Risk
MeasureDDTMSPYEdge
Max drawdown−2.5%−4.0%DDTM
Alpha vs SPY
MeasureDDTMSPYEdge
Beta to SPY0.461.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Nov 3, 2026
Latest day
$0
Last 5 trading days
$0
Feb 2026 to Jul 2026
+$12.3m
No money in or out. 48 days missing.

What you earned

DDTM +0.5%, SPY price return −1.0%: total return over one month to Nov 4, 2026.
DDTM+0.5%
SPY−1.0%
DDTM +1.6%, SPY price return −0.4%: total return over three months to Nov 4, 2026.
DDTM+1.6%
SPY−0.4%
DDTM +4.8%, SPY price return +4.5%: total return over six months to Nov 4, 2026.
DDTM+4.8%
SPY+4.5%
DDTM +8.5%, SPY price return +11.7%: total return since launch to Nov 4, 2026.
DDTM+8.5%
SPY+11.7%

Where does it stand in this outcome period?

Outcome period Feb 28, 2026 to Feb 28, 2027
4.1%
Can still gain from today’s fund price
8.5%
Fall before the buffer from today’s fund price
10.0%
Protection left, index points
116
Days to reset

More on DDTM

Every number below is on this page. Open what you need.

DDTM flows, by email on Sundays.

One-click unsubscribe. See Privacy.

Price since launch, Mar 2, 2026

$20.74+1.0%1 day, priceClose, Nov 4, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

DDTM returns by window: total return, cash paid and price change
WindowTotal returnSPY price returnGap to SPY
1M Oct 5 – Nov 4, 2026+0.5%−1.0%+1.5 pts
3M Aug 5 – Nov 4, 2026+1.6%−0.4%+2.0 pts
6M May 6 – Nov 4, 2026+4.8%+4.5%+0.3 pts
Since launch Mar 2 – Nov 4, 2026+8.5%+11.7%−3.2 pts

Total returns, distributions reinvested. SPY's column is its price return, dividends left out: the basis the outcome period uses. Listed Mar 2026: no year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Email me when DDTM's outcome period resets.

Confirm by email. One a day at most, and one click stops it. See Privacy.

Between buffer and cap
Between buffer and capDDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+11.7% gain captured−10.0% floor0% period start+13.7% cap+2% more to the capTODAY · SPY +11.7%Between buffer and capDDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.10 pts+11.7% gained−10.0% floor0% start+13.7% cap+2% more to the capTODAY · SPY +11.7%

DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.

Money in and out

Daily data · as of Nov 3, 2026

DDTM: in the 18 trading days to Nov 3, 2026, nothing net moved, over 17 of 18 trading days.

1D
$0
0.0% of $13.3m on Nov 2, 2026
Nov 3, 2026
6D
$0
Oct 27, 2026 to Nov 3, 2026
Feb 2026 to Jul 2026
+$12.3m
Feb 1, 2026 to Jul 31, 2026
monthly, from SEC filings
Net flow each trading day
Net flow into DDTM each trading day, Aug 4, 2026 to Nov 3, 2026monthly, from SEC filingsdaily, from InnovatorAug 4, 2026Nov 3, 2026

DDTM, net flow each trading day over the 65 sessions from Aug 4, 2026 to Nov 3, 2026: money came in on 0 days and went out on 0 days, of the 17 days with daily data; the other 48 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. 48 days missing.

Net flow into DDTM each trading day, Nov 4, 2025 to Nov 3, 2026monthly, from SEC filingsdaily, from InnovatorNov 4, 2025Nov 3, 2026

DDTM, net flow each trading day over the 251 sessions from Nov 4, 2025 to Nov 3, 2026: money came in on 0 days and went out on 0 days, of the 17 days with daily data; the other 234 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. 234 days missing.

Net flow into DDTM each trading day, Apr 2, 2025 to Nov 3, 2026monthly, from SEC filingsdaily, from InnovatorApr 2, 2025Nov 3, 2026

DDTM, net flow each trading day over the 400 sessions from Apr 2, 2025 to Nov 3, 2026: money came in on 0 days and went out on 0 days, of the 17 days with daily data; the other 383 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. 383 days missing.

Money in, netMoney out, netMonthly basis

Daily data starts Oct 9, 2026.

How this is computed

Computed by ETFIQ from Innovator’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for DDTM, back to Feb 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare DDTM with other funds in the flows tool

Every trading day, last 3 months17 days
Nov 3, 2026 $0
Nov 2, 2026 $0
Oct 30, 2026 $0
Oct 29, 2026 $0
Oct 28, 2026 $0 covers 2 trading days
Oct 26, 2026 $0
Oct 23, 2026 $0
Oct 22, 2026 $0
Oct 21, 2026 $0
Oct 20, 2026 $0
Oct 19, 2026 $0
Oct 16, 2026 $0
Oct 15, 2026 $0
Oct 14, 2026 $0
Oct 13, 2026 $0
Oct 12, 2026 $0
Oct 9, 2026 $0

Most recent first.

Week by week, last year5 weeks
Nov 3, 2026 $0 2 days
Oct 30, 2026 $0 4 of 5 trading days
Oct 23, 2026 $0
Oct 16, 2026 $0
Oct 9, 2026 $0 1 day

Net flow into DDTM each week, Oct 9, 2026 to Nov 3, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outFeb 2026 to Nov 2026

DDTM, money in and money out each month from Feb 2026 to Oct 2026: two bars a month, money in above the line and money out below. Bars for Feb 2026 to Jul 2026 are from DDTM’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Aug 2026 to Sep 2026 have no data. Nov 2026 is still in progress, so it is in the list and not drawn. Of the 8 months listed, money came in on net in 2 and went out in 0.

Bars for Feb 2026 to Jul 2026 are from DDTM’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Of the 8 months listed, money came in on net in 2 and went out in 0.

MonthInOutNet
Nov 2026 ETFIQ, the sum of its days, Nov 2 to Nov 3$0$0$0
Oct 2026 ETFIQ, the sum of its days, Oct 9 to Oct 30, 15 of 16 trading days$0$0$0
Jul 2026 SEC Form N-PORT$0$0$0
Jun 2026 SEC Form N-PORT$0$0$0
May 2026 SEC Form N-PORT$0$0$0
Apr 2026 SEC Form N-PORT+$467k$0+$467k
Mar 2026 SEC Form N-PORT+$11.8m$0+$11.8m
Feb 2026 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 3, 2026. Last checked Nov 5, 2026.

DDTM key stats

High since Mar 2, 2026, daily closes to Nov 4, 2026 (ETFIQ)$20.74 on Nov 4, 2026
Low since Mar 2, 2026, daily closes to Nov 4, 2026 (ETFIQ)$18.21 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$20.74, 100% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · DDTMas of Nov 4, 2026
72
Liquid24th percentile of 283 buffer ETFs3 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant

Liquid: trades at a typical spread of 0.39%, and its holdings can absorb $15bn a day.

Cost for your order · one way, half its 30-day median spread
$1,000$1.950.20%
$10,000$200.20%
$100,000 · estimate$1960.20%
Full cost to own · 1 year at $10,000
1.23%fee alone 0.79%
Fee + round-trip spread + median premium paid
Premium or discount to NAV, Nov 4 close+0.14%
−0.3%95% of days within ±0.18% · the 1% band is off this scale+0.3%
Small but liquid
How to tradeLimit: midpoint + 5¢ to buy, midpoint − 5¢ to sell.At the Nov 4 close of $20.74, that’s $20.79 to buy and $20.69 to sell.
Full trading page: components, premium history, dealers →

DDTM for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
DDTM interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

DDTM is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About DDTM

Reference indexSPY
Buffer10%
Outcome periodFeb 28, 2026 to Feb 28, 2027
Starting cap+13.7%
SPY return since period start+11.7%
Fund return since period start+8.6%
Net assets (issuer page, as of Nov 4, 2026)$13mReport
Band state today (ETFIQ)Open
Can still gain (issuer, fund price)4.1%
Fall before buffer (issuer, fund price)8.5%
Fall to the buffer in index terms (ETFIQ)10.5%
Protection left in index points (ETFIQ)10.0% of 10.0%
Days left in period116
Expense ratio (issuer page, Nov 4, 2026)0.79%Report
How we measure
Issuer-published data as of the date shown; ETFIQ calculations marked. Definitions on the learn page. Method
IQ Investment Committee on DDTM

12 seats on DDTM, as of Nov 4, 2026: 1 Supports, 2 Challenges, 7 Not enough data, 2 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianDoes not apply
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put DDTM to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about DDTM

How much can DDTM still gain?
About 4.1% from its price on Nov 4, 2026, before it reaches its cap, by the issuer's published number. The cap for the period was set at +13.7%.
How far can DDTM fall before the buffer helps?
8.5% in fund-price terms on Nov 4, 2026, by the issuer's number. In index terms SPY can fall 10.5% from that level before the buffer begins. Losses until that point are the holder's.
How much of the DDTM buffer is left?
10.0% of the 10.0% buffer sat below the SPY level on Nov 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does DDTM reset?
The outcome period ends on Feb 28, 2027, 116 days from the data on Nov 4, 2026. A new cap is set the next day and the buffer starts again.
What does DDTM cost?
The prospectus expense ratio is 0.79% a year.
Sources and dates
Prices, DDTM and SPY price returnTiingo end-of-day · Nov 4, 2026
Fee, 0.79%Issuer page · Nov 4, 2026
Net assets, $13mIssuer page · Nov 4, 2026

Links are sources, not endorsements.

Cite this pageCitation, APA and Markdown

ETFIQ, DDTM, buffer ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/ddtm

The outcome band for DDTM, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
The most the fund can return over the period if held from the first day to the last. Quoted gross and net of fees. Set by the option market on day one, so the same fund can have a different cap each year.
The window, usually twelve months and sometimes six or three, over which the buffer and, where there is one, the cap apply. On its last day the options expire, the fund resets, and fresh terms are struck from that day’s option prices.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and fresh terms struck at that day’s level.
How much of the buffer still sits below today’s index level. All of it when the index is above its starting level; less once the index is inside the buffer range.
Embed this chart

Free to use with the credit link. Paste this where the chart should go; it updates every trading night.

DDTM: DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/buffer/ddtm/" title="DDTM: DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">DDTM: DDTM: reference +11.7% since period start, fund +8.6%; buffer 0 to −10; cap +13.7%; Between buffer and cap. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/ddtm">ETFIQ</a></figcaption>
</figure>

How to embed ETFIQ charts

Get the ETFIQ Daily

The day's ETF flows, a comparison and one number. Every trading morning. About the Daily

The ETFIQ Daily and our other emails. Unsubscribe from any one in a click. See Privacy.

Snapshot, Nov 4, 2026. More on the tabs above.