DDFJ vs MUD

Comparison between Innovator Equity Dual Directional 15 Buffer ETF January (DDFJ, ETF) and Direxion Daily MU Bear 1X Shares (MUD, ETF).

DDFJ vs MUD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DDFJ(ETF)	MUD(ETF)
Net Assets	$73M	$73M
Expense Ratio	0.79%	1.02%
Max Drawdown	3.34%	96.36%
Sharpe Ratio	0.70	-3.51
5Y Beta	0.36	-2.34

Net Assets

Winner

DDFJ

$73M

MUD

$73M

Expense Ratio

Winner

DDFJ

0.79%

MUD

1.02%

Max Drawdown

Winner

DDFJ

3.34%

MUD

96.36%

Sharpe Ratio

Winner

DDFJ

0.70

MUD

-3.51

5Y Beta

DDFJ

0.36

Winner

MUD

-2.34

DDFJ vs MUD - Historical Returns

Returns include dividend reinvestment.

Period	DDFJ	MUD
1 month	+0.18%	-28.53%
3 months	+3.17%	-66.67%
6 months	+3.26%	-81.00%
1 year	N/A	-92.38%
Max(CAGR)	+7.76%	-82.21%

Winner

DDFJ

+0.18%

MUD

-28.53%

Winner

DDFJ

+3.17%

MUD

-66.67%

Winner

DDFJ

+3.26%

MUD

-81.00%

DDFJ

N/A

MUD

-92.38%

Max(CAGR)

Winner

DDFJ

+7.76%

MUD

-82.21%

DDFJ vs MUD - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	DDFJ	MUD
2026	+3.26%	-74.96%
2025	N/A	-77.93%
2024	N/A	+19.12%

DDFJ vs MUD Drawdown Comparison

The maximum drawdown for DDFJ was -3.34%, occurring on Mar 27, 2026. Recovery took 33 trading sessions.

The maximum drawdown for MUD was -96.24%, occurring on Jun 3, 2026. This drawdown has not yet recovered.

The current DDFJ drawdown is -0.63%. The current MUD drawdown is -95.85%.

Rank	DDFJ	MUD
#1	-3.34% Feb 25, 2026 - Apr 14, 2026	-96.24% Apr 4, 2025 - Jun 3, 2026
#2	-0.78% Jun 4, 2026 - Jun 5, 2026	-24.70% Dec 31, 2024 - Apr 3, 2025
#3	-0.73% Jan 9, 2026 - Jan 26, 2026	-12.41% Nov 1, 2024 - Nov 15, 2024
#4	-0.68% Jan 27, 2026 - Feb 9, 2026	-12.08% Nov 15, 2024 - Dec 19, 2024
#5	-0.65% Feb 9, 2026 - Feb 25, 2026	-7.15% Oct 15, 2024 - Oct 31, 2024
#6	-0.61% May 14, 2026 - May 27, 2026	-3.52% Dec 19, 2024 - Dec 30, 2024
#7	-0.57% Apr 22, 2026 - May 1, 2026	-2.39% Oct 10, 2024 - Oct 15, 2024
#8	-0.45% Apr 17, 2026 - Apr 22, 2026	N/A
#9	-0.28% May 8, 2026 - May 13, 2026	N/A
#10	-0.15% May 28, 2026 - Jun 4, 2026	N/A
#11	-0.07% May 4, 2026 - May 6, 2026	N/A
#12	-0.05% May 6, 2026 - May 8, 2026	N/A
#13	-0.03% Jan 6, 2026 - Jan 9, 2026	N/A

Correlation

Correlation between DDFJ and MUD is -0.96 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.96

-101