Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL)
| Assets | $193.26M |
| Expense Ratio | 0.79% |
| PE Ratio | 23.68 |
| Forward PE | 18.92 |
| Shares Out | 6.35M |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 15,548 |
| Open | 30.32 |
| Previous Close | 30.41 |
| Day's Range | 30.24 - 30.40 |
| 52-Week Low | 28.70 |
| 52-Week High | 30.48 |
| Beta | 0.24 |
| Holdings | 7 |
| Inception Date | Jun 30, 2024 |
About ZJUL
Fund Home PageThe Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an exchange-traded fund that mostly invests in downside hedge alternatives. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund holds FLEX options to obtain exposure ZJUL was launched on Jun 30, 2024 and is issued by Innovator.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Vanguard S&P 500 ETF | VOO | 96.04% |
| Deposits With Broker For Short Positions | n/a | 3.60% |
| Option on Vanguard S&P 500 ETF | n/a | 3.35% |
| Us Bank Mmda - Usbgfs 9 | n/a | 0.49% |
| Option on Vanguard S&P 500 ETF | n/a | 0.12% |
| Option on Vanguard S&P 500 ETF | n/a | -0.09% |
| Option on Vanguard S&P 500 ETF | n/a | -3.51% |
Performance
ZJUL had a total return of 4.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.76%.
News
New Stock ETFs Offer 100% Price Protection. This Is the Big Risk.
Such 100% buffer ETFs weren't viable when interest rates were close to zero. But with Treasuries yielding about 5% today, you can get a 10% maximum upside cap rate with zero downside.
Innovator Targets Record-Level Cash Allocations with New ETFs Delivering Defined Growth Potential and 100% Downside Protection
WHEATON, Ill., July 01, 2024 (GLOBE NEWSWIRE) -- Innovator Capital Management, LLC (Innovator), creator and pioneer of Buffer ETF™ investing, today announced the listing of 6-Month, 1-Year and 2-Year ...