PJUL
Innovator S&P 500 Power Buffer ETF - JulyPJUL Fund Description
PJUL is an actively-managed ETF designed to track the price return of the S&P 500 with capped gains and some buffering against losses over a predetermined period.
PJUL Factset Analytics Insight
PJUL is effectively an options spread play on the price version of the S&P 500. The fund provides exposure to the price return of the index, but limits both gains and losses over a one-year period starting each July. The fund protects investors from the first 15% of losses after each July reset. If the index drops more than 15%, the fund will continue to participate in the losses. To compensate for this protection, gains are limited to a specified maximum. The level of this cap is determined by the options market at each reset, but was about 8% (before fees) when the fund launched. It is worth noting that PJUL is actively managed despite this rules-based strategy. For this specialized exposure, PJUL charges a fee on the high side.
PJUL Charts And Performance
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PJUL Summary Data
PJUL Portfolio Data
PJUL Portfolio Management
PJUL Tax Exposures
PJUL Fund Structure
PJUL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PJUL. PJUL is rated a N/A out of 5.
PJUL Tradability
PJUL Top 10 Holdings
PJUL Countries
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PJUL Regions
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PJUL Economic Development
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PJUL Performance Statistics
PJUL Benchmark Comparison Summary
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PJUL Benchmark Comparison Market Cap Size
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