BJAN

Innovator S&P 500 Buffer ETF - January
*Unless otherwise stated, data provided by FactSet.

BJAN Fund Description

BJAN aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.

BJAN Factset Analytics Insight

BJAN uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each January. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 9% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually.  Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website.  The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.

BJAN Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 01/16/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BJAN 2.18% 5.84% 1.97% 19.42% -- -- --
BJAN (NAV) 2.24% 5.68% 2.00% 19.14% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 4.23% 11.92% 2.86% 29.90% 16.21% 13.05% 13.70%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BJAN Summary Data

Innovator
01/02/19
Open-Ended Fund
0.79%
$123.73M
$2.86M
0.16%

BJAN Portfolio Data

--
--
--
4.60%
N/A
9

BJAN Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

BJAN Portfolio Management

0.79%
--
--
--

BJAN Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

BJAN Fund Structure

Open-Ended Fund
Yes
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

BJAN Factset Analytics Block Liquidity

As of 01/17/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BJAN. BJAN is rated a N/A out of 5.

BJAN Tradability

97,654
$2.86M
6,703
$193.52K
0.16%
$0.05
0.00%
0.44% / -0.50%
None
--
25,000
0.27
0.03%
--
0
$29.65
N/A

BJAN Top 10 Holdings

100.00%
0.01%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-0.01%
100%

BJAN Countries


BJAN
Segment Benchmark
--
100.00%

BJAN Regions


BJAN
Segment Benchmark
--
100.00%

BJAN Economic Development


BJAN
Segment Benchmark
--
100.00%

BJAN Performance Statistics

0.92
0.68
0.69
0.73
0.29%
MSCI USA Large Cap Index

BJAN Benchmark Comparison Holdings

9
--
--
--

BJAN Benchmark Comparison Summary


BJAN
Segment Benchmark
9
--
--
--
--
--
--
--
--
--
--
--

BJAN Benchmark Comparison Market Cap Size


BJAN
Segment Benchmark
--
--
--
--
--
--
--
--