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TJULInnovator Equity Defined Protection ETF - 2 Yr to July 2027

DiversifierTake a bet3y track recordRanked #120 of 281 in this goal

Seeks to provide returns that match the upside return of the Underlying ETF, up to a cap of 13.61%, while providing a buffer against 100% of losses over the Outcome Period.

By Innovator ETFs · Launched 2023

Annual Cost

0.79%

#4,370 of 6,040 · expensive

Fund Size

$115M

#2,951 of 6,040 · mid-size

Return (1Y)

+4.4%

Track Record

3 years

#3,018 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,433+4.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Holdings

By weight

Concentration

Top 4 holdings = 100.1% of fundconcentrated

N/A
109.2%
N/A
3.4%
US BANK MMDA - USBGFS 9
0.2%
N/A
-12.8%

Asset allocation

Stocks
85.9%
Cash
14.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.7%Low

Year-on-year price swings

Max drawdown
-4.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
0.78Decent risk-adjusted returns
Sortino (3Y)
1.15Good downside protection

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 13.61%, while providing a buffer against 100% of losses over the Outcome Period.
Strategy
Actively managed ETF that invests at least 80% of net assets in FLEX Options referencing the Underlying ETF, aiming to provide a buffer against 100% of losses and a cap of 13.61% on returns. The strategy is designed for U.S. equity securities, specifically targeting the S&P 500 Index.
Inception date
July 17, 2023
Fund family
Innovator ETFs

Next steps

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Data updated on 2026-09-18