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ETFs

Innovator U.S. Equity Buffer ETF - January

BJAN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 02 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$166,721
AUM
$149,809,500
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
SPY 12/29/2023 3.84 C
99.58%
n/a
SPY 12/29/2023 382.44 P
0.66%
n/a
Cash & Other
0.18%
n/a
SPY 12/29/2023 478.31 C
-0.14%
n/a
SPY 12/29/2023 348.01 P
-0.28%
Invest with BJAN

What is BJAN?

The Innovator S&P 500 Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

ETFs related toBJAN

ETFs correlated to BJAN include DECZ, SPUU, SPXL

BJAN
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - January
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBJAN

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BJAN using Composer

FAQ

BJAN is a US Equities ETF. The Innovator S&P 500 Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

BJAN tracks the S&P 500 Index.

No, BJAN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BJAN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BJAN is -0.0068%. This is the percent change in the value of BJAN over the most recent 1-month period. The 3-month return on BJAN is 0.0041%. This is the percent change in the value of BJAN over the most recent 3-month period.

The standard deviation of BJAN for the past year is 0.142%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BJAN include UAPR, UAUG, and ACIO.

ETFs correlated to BJAN include DECZ, SPUU, and SPXL.

ETFs that are inversely correlated to BJAN include SPXS, SDS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.