NATO vs DDFO

Comparison between THEMES TRANSATLANTIC DEFENSE ETF (NATO, ETF) and Innovator Equity Dual Directional 15 Buffer ETF October (DDFO, ETF).

NATO vs DDFO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NATO(ETF)	DDFO(ETF)
Net Assets	$99M	$99M
Expense Ratio	0.35%	0.79%
Max Drawdown	15.99%	2.79%
Sharpe Ratio	0.54	0.82
5Y Beta	0.83	0.32
P/E Ratio	92.41	N/A
Forward P/E	28.98	N/A
Debt to Equity	152.09%	N/A
P/S Ratio	3.02	N/A
P/B Ratio	6.38	N/A

Net Assets

NATO

$99M

Winner

DDFO

$99M

Expense Ratio

Winner

NATO

0.35%

DDFO

0.79%

Max Drawdown

NATO

15.99%

Winner

DDFO

2.79%

Sharpe Ratio

NATO

0.54

Winner

DDFO

0.82

5Y Beta

NATO

0.83

Winner

DDFO

0.32

P/E Ratio

NATO

92.41

DDFO

N/A

Forward P/E

NATO

28.98

DDFO

N/A

Debt to Equity

NATO

152.09%

DDFO

N/A

P/S Ratio

NATO

3.02

DDFO

N/A

P/B Ratio

NATO

6.38

DDFO

N/A

NATO vs DDFO - Historical Returns

Returns include dividend reinvestment.

Period	NATO	DDFO
1 month	+1.94%	+0.72%
3 months	-7.96%	+3.11%
6 months	+7.91%	+3.74%
1 year	+13.61%	N/A
Max(CAGR)	+30.14%	+7.61%

Winner

NATO

+1.94%

DDFO

+0.72%

NATO

-7.96%

Winner

DDFO

+3.11%

Winner

NATO

+7.91%

DDFO

+3.74%

NATO

+13.61%

DDFO

N/A

Max(CAGR)

Winner

NATO

+30.14%

DDFO

+7.61%

NATO vs DDFO - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	NATO	DDFO
2026	-0.13%	+3.28%
2025	+51.85%	+1.72%
2024	+0.35%	N/A

NATO vs DDFO Drawdown Comparison

The maximum drawdown for NATO was -15.99%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for DDFO was -2.79%, occurring on Mar 30, 2026. Recovery took 30 trading sessions.

The current NATO drawdown is -11.85%. The current DDFO drawdown is -0.53%.

Rank	NATO	DDFO
#1	-15.99% Mar 2, 2026 - Mar 30, 2026	-2.79% Feb 25, 2026 - Apr 9, 2026
#2	-13.28% Mar 19, 2025 - Apr 29, 2025	-1.81% Oct 27, 2025 - Dec 3, 2025
#3	-10.85% Oct 8, 2025 - Jan 5, 2026	-0.98% Oct 6, 2025 - Oct 20, 2025
#4	-7.21% Nov 11, 2024 - Feb 18, 2025	-0.90% Jan 6, 2026 - Jan 27, 2026
#5	-7.16% Jan 16, 2026 - Feb 20, 2026	-0.78% Feb 2, 2026 - Feb 9, 2026
#6	-4.72% Oct 18, 2024 - Nov 6, 2024	-0.67% Feb 9, 2026 - Feb 25, 2026
#7	-4.03% Mar 5, 2025 - Mar 17, 2025	-0.57% Dec 11, 2025 - Dec 22, 2025
#8	-3.96% Feb 18, 2025 - Feb 28, 2025	-0.53% May 29, 2026 - Jun 5, 2026
#9	-3.23% Jul 23, 2025 - Sep 11, 2025	-0.40% May 14, 2026 - May 26, 2026
#10	-1.91% Jun 5, 2025 - Jun 26, 2025	-0.30% Dec 24, 2025 - Jan 6, 2026
#11	-1.84% Jun 30, 2025 - Jul 9, 2025	-0.23% Apr 17, 2026 - Apr 22, 2026
#12	-1.79% May 19, 2025 - May 27, 2025	-0.20% May 6, 2026 - May 8, 2026
#13	-1.55% Jul 18, 2025 - Jul 23, 2025	-0.20% Apr 22, 2026 - Apr 24, 2026
#14	-1.26% Mar 3, 2025 - Mar 5, 2025	-0.19% Oct 21, 2025 - Oct 23, 2025
#15	-1.26% Feb 20, 2026 - Mar 2, 2026	-0.16% May 1, 2026 - May 6, 2026