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AJANInnovator Equity Defined Protection ETF - 2 Yr to January 2028

Grow my moneyGet income2y track recordRanked #1,355 of 1,706 in this goal

Seeks to provide returns that match the upside return of the Underlying ETF, up to a cap of 13.30%, while providing a buffer against 100% of Underlying ETF losses.

By Innovator ETFs · Launched 2023

Annual Cost

0.79%

#4,370 of 6,040 · expensive

Fund Size

$43M

#3,903 of 6,040 · mid-size

Return (1Y)

+4.1%

Track Record

2 years

#3,295 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,401+4.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 4 holdings = 100.1% of fundconcentrated

N/A
102.2%
N/A
6.1%
US BANK MMDA - USBGFS 9
0.3%
N/A
-8.5%

Asset allocation

Stocks
89.5%
Cash
10.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.6%Low

Year-on-year price swings

Max drawdown
-4.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the upside return of the Underlying ETF, up to a cap of 13.30%, while providing a buffer against 100% of Underlying ETF losses.
Strategy
Invests primarily in FLEX Options referencing the Underlying ETF to provide a buffer against 100% of losses and a cap on returns at 13.30%. The strategy is designed to deliver returns based on the performance of large-cap U.S. equities, specifically the S&P 500 Index.
Inception date
December 29, 2023
Fund family
Innovator ETFs

Next steps

Save AJAN to compare it with other funds, or start building a portfolio.

Data updated on 2026-09-18