DDTO vs SPY

DDTO vs SPY

Which is better, DDTO or SPY?

SPY has been ahead.

SPY has a lower expense ratio. SPY led over 1Y.

Lower Fees: SPYHigher Returns (1Y): SPY

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricDDTOSPY
Expense Ratio0.79%0.09%Best
AUM$28M$804.7B
Dividend Yield0.00%0.98%
Holdings14505
YTD Return+8.89%+12.09%Best
1Y Return+10.94%+16.29%Best
3Y Return (annualized)-+21.20%
5Y Return (annualized)-+13.37%
Fund FamilyInnovator ETFs TrustState Street Investment Management
CategoryAlternativeEquity
Style-Large Cap Blend
InceptionOct 1, 2025Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

DDTO vs SPY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

DDTO vs SPY Performance

Innovator Equity Dual Directional 10 Buffer ETF - October (DDTO) is an ETF from Innovator ETFs Trust and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DDTO returned +10.94% while SPY returned +16.29%. Year to date, DDTO is up 8.89% versus a gain of 12.09% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

DDTO charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, DDTO currently yields 0.00% against 0.98% for SPY.

You are not choosing between two funds in isolation.

Whichever of DDTO and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DDTOSPY

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Frequently Asked Questions

Which is cheaper, DDTO or SPY?

DDTO has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option, by $70 a year on a $10,000 investment.

Which performed better, DDTO or SPY?

Over the past year DDTO returned +10.94% vs +16.29% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which pays a higher dividend, DDTO or SPY?

DDTO yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.

Is SPY better than DDTO?

SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.