DDFM ETF — Innovator Equity Dual Directional 15 Buffer ETF - March

Innovator Equity Dual Directional 15 Buffer ETF - March (DDFM)

Updated October 16, 2026.

DDFM is an ETF. its expense ratio is 0.79%. Total return is 5.5% over the past 0.6 years, 6.6 points behind SPY at 12.1%.

Innovator Equity Dual Directional 15 Buffer ETF - March is an equity ETF that employs an options-based strategy designed to provide downside protection while maintaining upside participation, with a 15% buffer mechanism. The fund does not currently distribute income on an established schedule, and carries an expense ratio of 0.79%. This ETF may appeal to investors seeking equity exposure with structured downside protection rather than those pursuing regular dividend income.

DDFM performance versus SPY

Price and return data through 2026-10-16.

Total return is 5.5% over the past 0.6 years, 6.6 points behind SPY at 12.1%.

DDFM key facts

Issuer

Innovator ETFs

Asset type

ETF

Asset class

Equity

Expense ratio

0.79%

Distribution frequency

None

Last close

$20.16 (stale; as of 2026-10-16)

AUM

$44,820,340

Average volume

1000.0

Beta

0.3026

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Innovator ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DDFM risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider DDFM — and who may not

It is a weaker fit for investors who need monthly cash flow (DDFM does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DDFM

• All tickers starting with D

Tagged: Downside Protection, Options, Target.

Frequently asked questions

More securities from Innovator ETFs.