Frequently Asked Questions About DDTY

What does DDTY invest in?

DDTY makes available a strategy that previously was only available in a structured note. Investors need to understand the unique return characteristics and limitations of this product before investing. The fund aims to provide capital appreciation for investors using FLEX Options tied to the price performance of the SPDR S&P 500 ETF (SPY). After a one-year period, if (SPY) shares have appreciated to a cap, investors will experience a positive return on a 1:1 basis. If (SPY) incurs negative returns of 10%, the fund provides positive returns matching the absolute value of those losses. Additionally, the fund offers buffered returns against losses exceeding 10% during the same period, less fees, and expenses. Shares are expected to be held for the entire one-year outcome period in attempt to receive the structured outcome return.

What is the expense ratio of DDTY?

Innovator ETFs Trust - Innovator Equity Dual Directional 10 Buffer ETF - May (DDTY) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

What is DDTY's distribution yield?

DDTY's trailing-twelve-month yield is —, calculated from the sum of distributions over the past year divided by the current price.

How does DDTY's covered-call strategy work?

DDTY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is DDTY?

Innovator ETFs Trust - Innovator Equity Dual Directional 10 Buffer ETF - May (DDTY) manages $36.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DDTY actively managed or an index fund?

DDTY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

DDTY

Innovator ETFs Trust - Innovator Equity Dual Directional 10 Buffer ETF - May

CBOE·Asset Management · Financial Services

$20.74$0.13−0.65%

After hours·$20.71−0.12%

Market closed·Oct 22 3:59 PM EDT

Price Chart

$20.74−$0.13 (−0.65%)today

+4.99%

Select date range

FromTo

May 1, 2026May 1, 2026 → Oct 23, 2026· 6 moOct 23, 2026

Key Metrics

DistributionDistributions Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

DiversificationDiversification Tab

Holdings1

Top 10 Weight99.2%

Top 25 Weight99.2%

Effective Holdings1

Sectors—

Largest HoldingVOO · 99.2%

Largest Sector—

Asset Class

StrategyOptions Income

Cost & RiskExpenses Tab

Expense Ratio0.79%

Cost per 10k Invested$79.00

AUM$36.28M

Avg Daily Volume7.28K

Price$20.74

NAV$20.73

Premium / Discount+0.02%

52-Week Range$19.66 – $20.98

Beta0.43

Fund Overview

Cost Verdict

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Issuer: Innovator
Asset Class
Strategy: Options Income
Inception: May 1, 2026
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US45784N3465
CUSIP: 45784N346
Website: www.innovatoretfs.com/etf/?ticker=DDTY

Latest News

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Frequently Asked Questions About DDTY

What does DDTY invest in?: DDTY makes available a strategy that previously was only available in a structured note. Investors need to understand the unique return characteristics and limitations of this product before investing. The fund aims to provide capital appreciation for investors using FLEX Options tied to the price performance of the SPDR S&P 500 ETF (SPY). After a one-year period, if (SPY) shares have appreciated to a cap, investors will experience a positive return on a 1:1 basis. If (SPY) incurs negative returns of 10%, the fund provides positive returns matching the absolute value of those losses. Additionally, the fund offers buffered returns against losses exceeding 10% during the same period, less fees, and expenses. Shares are expected to be held for the entire one-year outcome period in attempt to receive the structured outcome return.
What is the expense ratio of DDTY?: Innovator ETFs Trust - Innovator Equity Dual Directional 10 Buffer ETF - May (DDTY) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.
What is DDTY's distribution yield?: DDTY's trailing-twelve-month yield is —, calculated from the sum of distributions over the past year divided by the current price.
How does DDTY's covered-call strategy work?: DDTY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
How big is DDTY?: Innovator ETFs Trust - Innovator Equity Dual Directional 10 Buffer ETF - May (DDTY) manages $36.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
Is DDTY actively managed or an index fund?: DDTY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.