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ETFs

Innovator U.S. Equity Ultra Buffer ETF - June

UJUN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 03 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$249,811
AUM
$79,408,000
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 05/31/2024 4.17 C
99.85%
n/a
SPY 05/31/2024 396.96 P
2.28%
n/a
Cash & Other
0.16%
n/a
SPY 05/31/2024 271.6 P
-0.33%
n/a
SPY 05/31/2024 474.51 C
-1.96%
Invest with UJUN

What is UJUN?

The Innovator S&P 500 Ultra Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against losses from -5% to -35% over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

ETFs related toUJUN

ETFs correlated to UJUN include GAUG, DMAY, BJUL

UJUN
Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - June
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
DMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - May
BJUL
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - July
DJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - July
PJUL
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - July
FMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May
DSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - September
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares

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 toUJUN

#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 UJUN using Composer

FAQ

UJUN is a US Equities ETF. The Innovator S&P 500 Ultra Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against losses from -5% to -35% over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

UJUN tracks the S&P 500 Index.

No, UJUN 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, UJUN 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 UJUN is -0.0028%. This is the percent change in the value of UJUN over the most recent 1-month period. The 3-month return on UJUN is 0.005%. This is the percent change in the value of UJUN over the most recent 3-month period.

The standard deviation of UJUN for the past year is 0.0882%. 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 UJUN include SSO, IVV, and UPRO.

ETFs correlated to UJUN include GAUG, DMAY, and BJUL.

ETFs that are inversely correlated to UJUN include SPXS, SDS, and SH.

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.