Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL)
| Assets | $178.76M |
| Expense Ratio | 0.79% |
| PE Ratio | n/a |
| Shares Out | 6.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 57,124 |
| Open | 30.01 |
| Previous Close | 29.92 |
| Day's Range | 29.94 - 30.01 |
| 52-Week Low | 28.26 |
| 52-Week High | 30.15 |
| 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 | 93.99% |
| Option on Vanguard S&P 500 ETF | n/a | 5.65% |
| Deposits With Broker For Short Positions | n/a | 3.61% |
| Us Bank Mmda - Usbgfs 9 | n/a | 0.25% |
| Option on Vanguard S&P 500 ETF | n/a | 0.11% |
| Option on Vanguard S&P 500 ETF | n/a | -0.15% |
| Option on Vanguard S&P 500 ETF | n/a | -3.46% |
Performance
ZJUL had a total return of 5.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.10%.
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 ...