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EJULInnovator Emerging Markets Power Buffer ETF - July

Grow my money7y track recordRanked #1,793 of 2,998 in this goal

Seeks to provide returns that match the return of the Underlying ETF with a 15% buffer against losses over the Outcome Period.

By Innovator ETFs · Launched 2019

Annual Cost

0.89%

#4,672 of 5,861 · expensive

Fund Size

$136M

#2,714 of 5,861 · mid-size

Return (1Y)Goal

+9.1%

Track Record

7 years

#1,894 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,957+9.6%

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

MSCI Emerging Markets Index

What it actually holds

By weight

Concentration

Top 5 holdings = 100.1% of fundconcentrated

N/A
117.1%
N/A
0.3%
US BANK MMDA - USBGFS 9
0.2%
N/A
-0.1%
N/A
-17.4%

Asset allocation

Stocks
99.8%
Cash
0.2%
Preferred
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
8.6%Low

Year-on-year price swings

Max drawdown
-21.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.52Decent risk-adjusted returns
Sortino (3Y)
0.77Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide returns that match the return of the Underlying ETF with a 15% buffer against losses over the Outcome Period.
Strategy
Invests primarily in FLEX Options referencing the iShares MSCI Emerging Markets ETF to provide a 15% buffer against losses and an upside cap of 13.86% over the Outcome Period. Targets mid- and large-cap securities in emerging markets.
Inception date
June 28, 2019
Fund family
Innovator ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04