XTJAInnovator U.S. Equity Accelerated Plus ETF - January
Seeks 3x the return of the SPDR S&P 500 ETF Trust up to a 15.36% cap while matching its losses over each January outcome period.
By Innovator ETFs · Launched 2021
0.79%
#4,056 of 5,573 · expensive
$20M
#4,352 of 5,573 · small
+17.6%
4 years
#2,588 of 5,573 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 4 holdings = 100.0% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks 3x the return of the SPDR S&P 500 ETF Trust up to a 15.36% cap while matching its losses over each January outcome period.
- Strategy
- Invests at least 80% of net assets in instruments providing exposure to the State Street SPDR S&P 500 ETF Trust (the Underlying ETF), seeking three times the Underlying ETF's price increase up to a 15.36% upside cap with one-to-one downside participation. Uses FLEX options to engineer the defined outcomes, which reset over each approximately one-year outcome period beginning in January.
- Inception date
- December 31, 2021
- Fund family
- Innovator ETFs
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Buffer ETF — downside protection at a cost
Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.
Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)
Why we flagged this: strategy=structured_outcome + structured_outcome_strategy
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 2026-06-20