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PJULInnovator U.S. Equity Power Buffer ETF - July

Stay safeGrow my money8y track recordRanked #66 of 387 in this goal

Seeks to provide investors with returns that match the return of the Underlying ETF, up to the upside cap of 12.09% while providing a buffer against the first 15% of Underlying ETF losses.

By Innovator ETFs · Launched 2018

Annual Cost

0.79%

#4,370 of 6,040 · expensive

Fund Size

$1.3B

#1,041 of 6,040 · large

Return (1Y)

+9.3%

Track Record

8 years

#1,765 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,893+8.9%

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 5 holdings = 100.1% of fundconcentrated

N/A
105.1%
N/A
0.3%
US BANK MMDA - USBGFS 9
0.3%
N/A
-0.1%
N/A
-5.6%

Asset allocation

Stocks
95.9%
Cash
4.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.3%Low

Year-on-year price swings

Max drawdown
-18.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.08Strong risk-adjusted returns
Sortino (3Y)
1.59Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide investors with returns that match the return of the Underlying ETF, up to the upside cap of 12.09% while providing a buffer against the first 15% of Underlying ETF losses.
Strategy
Invests primarily in FLEX Options referencing the Underlying ETF to provide a buffer against the first 15% of losses and a cap of 12.09% on returns. The strategy is designed to deliver returns based on the performance of large-cap U.S. equity securities over the Outcome Period.
Inception date
August 7, 2018
Fund family
Innovator ETFs

Next steps

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Data updated on 2026-09-18