DDFN vs NCIQ

Comparison between Innovator Equity Dual Directional 15 Buffer ETF November (DDFN, ETF) and Hashdex Nasdaq Crypto Index US ETF (NCIQ, ETF).

DDFN vs NCIQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DDFN(ETF)	NCIQ(ETF)
Net Assets	$110M	$109M
Expense Ratio	0.79%	0.25%
Max Drawdown	3.40%	56.19%
Sharpe Ratio	0.86	-1.08
5Y Beta	0.37	1.22

Net Assets

Winner

DDFN

$110M

NCIQ

$109M

Expense Ratio

DDFN

0.79%

Winner

NCIQ

0.25%

Max Drawdown

Winner

DDFN

3.40%

NCIQ

56.19%

Sharpe Ratio

Winner

DDFN

0.86

NCIQ

-1.08

5Y Beta

Winner

DDFN

0.37

NCIQ

1.22

DDFN vs NCIQ - Historical Returns

Returns include dividend reinvestment.

Period	DDFN	NCIQ
1 month	+0.93%	-26.61%
3 months	+3.49%	-17.51%
6 months	+4.41%	-36.45%
1 year	N/A	-42.94%
Max(CAGR)	+8.30%	-33.45%

Winner

DDFN

+0.93%

NCIQ

-26.61%

Winner

DDFN

+3.49%

NCIQ

-17.51%

Winner

DDFN

+4.41%

NCIQ

-36.45%

DDFN

N/A

NCIQ

-42.94%

Max(CAGR)

Winner

DDFN

+8.30%

NCIQ

-33.45%

DDFN vs NCIQ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	DDFN	NCIQ
2026	+3.87%	-36.64%
2025	+0.64%	-10.21%

DDFN vs NCIQ Drawdown Comparison

The maximum drawdown for DDFN was -3.40%, occurring on Mar 30, 2026. Recovery took 43 trading sessions.

The maximum drawdown for NCIQ was -56.19%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current DDFN drawdown is -0.55%. The current NCIQ drawdown is -56.19%.

Rank	DDFN	NCIQ
#1	-3.40% Feb 9, 2026 - Apr 13, 2026	-56.19% Oct 6, 2025 - Jun 5, 2026
#2	-1.63% Nov 12, 2025 - Nov 26, 2025	-25.48% Feb 20, 2025 - May 9, 2025
#3	-0.88% Jan 6, 2026 - Jan 27, 2026	-12.51% Aug 13, 2025 - Oct 6, 2025
#4	-0.74% Dec 11, 2025 - Dec 22, 2025	-7.86% May 22, 2025 - Jul 9, 2025
#5	-0.68% Nov 3, 2025 - Nov 12, 2025	-4.90% Jul 24, 2025 - Aug 11, 2025
#6	-0.62% Feb 3, 2026 - Feb 6, 2026	-3.12% Feb 14, 2025 - Feb 20, 2025
#7	-0.55% Jun 2, 2026 - Jun 5, 2026	-2.44% Jul 14, 2025 - Jul 16, 2025
#8	-0.52% Dec 26, 2025 - Jan 6, 2026	-2.05% May 13, 2025 - May 20, 2025
#9	-0.31% Apr 17, 2026 - Apr 24, 2026	-0.94% Jul 22, 2025 - Jul 24, 2025
#10	-0.26% May 14, 2026 - May 20, 2026	-0.64% Jul 17, 2025 - Jul 22, 2025
#11	-0.25% Apr 24, 2026 - Apr 30, 2026	-0.40% May 9, 2025 - May 13, 2025
#12	-0.24% Dec 5, 2025 - Dec 10, 2025	N/A
#13	-0.21% Nov 28, 2025 - Dec 4, 2025	N/A
#14	-0.21% Jan 27, 2026 - Feb 2, 2026	N/A
#15	-0.20% Apr 15, 2026 - Apr 17, 2026	N/A

Correlation

Correlation between DDFN and NCIQ is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101