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XTJLInnovator U.S. Equity Accelerated Plus ETF - July

Grow my money5y track recordRanked #2,473 of 2,999 in this goal

Seeks to provide investors with returns that are three times those of the Underlying ETF, up to the upside cap of 15.15%.

By Innovator ETFs · Launched 2021

Annual Cost

0.79%

#4,215 of 5,861 · expensive

Fund Size

$13M

#4,738 of 5,861 · small

Return (1Y)Goal

+12.8%

Track Record

5 years

#2,361 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,300+13.0%

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

What it actually holds

By weight

Concentration

Top 4 holdings = 100.1% of fundconcentrated

N/A
102.3%
N/A
30.3%
US BANK MMDA - USBGFS 9
0.2%
N/A
-32.8%

Asset allocation

Stocks
99.6%
Cash
0.2%
Other
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
7.8%Low

Year-on-year price swings

Max drawdown
-23.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.81Decent risk-adjusted returns
Sortino (3Y)
1.21Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide investors with returns that are three times those of the Underlying ETF, up to the upside cap of 15.15%.
Strategy
Invests primarily in FLEX Options referencing the Underlying ETF to provide returns that are three times the increase in value experienced by the Underlying ETF, while matching losses. The strategy targets large capitalization U.S. equity securities and has a cap of 15.15%.
Inception date
June 30, 2021
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