TBJLInnovator 20+ Year Treasury Bond Buffer ETF – July
Replicates the iShares 20+ Year Treasury Bond ETF with a 9% downside buffer, subject to an upside cap, over each one-year Outcome Period (July–June).
By Innovator ETFs · Launched 2020
Annual Cost
0.79%
#4,370 of 6,040 · expensive
Fund Size
$9M
#5,059 of 6,040 · small
Return (1Y)
-6.5%
Track Record
6 years
#2,141 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$9,385-6.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightAsset allocation
Bonds
96.3%
Cash
3.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.7%Low
Year-on-year price swings
Max drawdown
-29.4%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
-0.47Below average
Sortino (3Y)
-0.64Moderate downside risk
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Replicates the iShares 20+ Year Treasury Bond ETF with a 9% downside buffer, subject to an upside cap, over each one-year Outcome Period (July–June).
- Strategy
- Actively managed defined-outcome buffer ETF investing in FLEX Options referencing the iShares 20+ Year Treasury Bond ETF (Underlying ETF, which tracks long-dated U.S. Treasury bonds), and may invest directly in that ETF or its constituents. Targets the Underlying ETF's price return buffered against the first 9% of losses with an upside cap, reset annually each July 1 through June 30.
- Inception date
- August 17, 2020
- Fund family
- Innovator ETFs
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Data updated on 2026-09-18