RAYJ vs DDNQ

Comparison between RAYLIANT SMDAM JAPAN EQUITY ETF (RAYJ, ETF) and Innovator Growth100 Dual Directional 5 Buffer ETF Quarterly (DDNQ, ETF).

RAYJ vs DDNQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RAYJ(ETF)	DDNQ(ETF)
Net Assets	$26M	$26M
Expense Ratio	0.72%	0.79%
Max Drawdown	16.60%	5.65%
Sharpe Ratio	0.84	0.06
5Y Beta	0.82	0.53

Net Assets

RAYJ

$26M

Winner

DDNQ

$26M

Expense Ratio

Winner

RAYJ

0.72%

DDNQ

0.79%

Max Drawdown

RAYJ

16.60%

Winner

DDNQ

5.65%

Sharpe Ratio

Winner

RAYJ

0.84

DDNQ

0.06

5Y Beta

RAYJ

0.82

Winner

DDNQ

0.53

RAYJ vs DDNQ - Historical Returns

Returns include dividend reinvestment.

Period	RAYJ	DDNQ
1 month	-5.95%	-2.92%
3 months	+2.72%	-1.04%
6 months	+11.09%	+1.18%
1 year	+17.99%	N/A
Max(CAGR)	+21.45%	+3.89%

RAYJ

-5.95%

Winner

DDNQ

-2.92%

Winner

RAYJ

+2.72%

DDNQ

-1.04%

Winner

RAYJ

+11.09%

DDNQ

+1.18%

RAYJ

+17.99%

DDNQ

N/A

Max(CAGR)

Winner

RAYJ

+21.45%

DDNQ

+3.89%

RAYJ vs DDNQ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	RAYJ	DDNQ
2026	+15.17%	+2.14%
2025	+20.33%	N/A
2024	+10.11%	N/A

RAYJ vs DDNQ Drawdown Comparison

The maximum drawdown for RAYJ was -15.95%, occurring on Apr 7, 2025. Recovery took 106 trading sessions.

The maximum drawdown for DDNQ was -5.65%, occurring on Mar 30, 2026. Recovery took 52 trading sessions.

The current RAYJ drawdown is -10.65%. The current DDNQ drawdown is -3.07%.

Rank	RAYJ	DDNQ
#1	-15.95% Dec 5, 2024 - May 12, 2025	-5.65% Jan 27, 2026 - Apr 13, 2026
#2	-14.00% Feb 27, 2026 - May 6, 2026	-3.07% Jun 26, 2026 - Jul 23, 2026
#3	-13.41% Jul 17, 2024 - Aug 19, 2024	-1.16% Jan 12, 2026 - Jan 23, 2026
#4	-12.25% Jun 22, 2026 - Jul 17, 2026	-0.41% Jun 8, 2026 - Jun 23, 2026
#5	-10.72% Sep 26, 2024 - Dec 3, 2024	-0.28% Apr 20, 2026 - Apr 22, 2026
#6	-8.50% May 13, 2026 - Jun 17, 2026	-0.20% Jan 7, 2026 - Jan 9, 2026
#7	-7.44% Nov 10, 2025 - Nov 28, 2025	-0.12% May 8, 2026 - May 12, 2026
#8	-6.70% Nov 28, 2025 - Jan 9, 2026	-0.12% Jun 4, 2026 - Jun 8, 2026
#9	-6.69% Aug 18, 2025 - Nov 3, 2025	-0.12% Apr 22, 2026 - Apr 24, 2026
#10	-6.39% Apr 9, 2024 - Jul 10, 2024	-0.10% Apr 24, 2026 - Apr 30, 2026
#11	-5.87% Aug 30, 2024 - Sep 19, 2024	-0.10% May 12, 2026 - May 15, 2026
#12	-5.80% Jul 23, 2025 - Aug 7, 2025	-0.07% May 6, 2026 - May 8, 2026
#13	-4.88% Jun 27, 2025 - Jul 23, 2025	-0.02% Jun 24, 2026 - Jun 26, 2026
#14	-2.39% May 27, 2025 - May 30, 2025	-0.02% May 1, 2026 - May 5, 2026
#15	-2.07% Jan 27, 2026 - Feb 6, 2026	N/A