PJAN Innovator U.S. Equity Power Buffer ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 50.46 | Day Range | 50.42 – 50.56 |
| 52-Week Range | 44.80 – 50.60 | Volume | 15.80K |
| Avg Volume | 93.35K | AUM | $1.42B (Aug 26, 2026) |
| Expense Ratio | 0.79% | Yield (TTM) | — |
| NAV | 50.41 | Premium/Discount | +0.10% indicative |
| Inception | Jan 02, 2019 | Holdings | 6 |
| Issuer | Innovator | Exchange | CBOE |
| Category | Buffer | Index Tracked | S&P 500 |
| CUSIP | 45782C508 | ISIN | US45782C5085 |
| Structure | Buffer / Defined Outcome | ||
| Management | Not stated in source data | ||
About this ETF
The Innovator U.S. Equity Power Buffer ETF is designed to replicate the returns of the SPDR S&P 500 ETF Trust (SPY), though with a pre-established ceiling on potential gains. Simultaneously, it provides a protective cushion for investors, absorbing the initial 15% of any losses incurred over its specified outcome period. This fund allows for continuous investment, as its characteristics are recalibrated roughly once a year at the conclusion of each outcome period.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +1.82% | +2.35% | +6.61% | +7.32% | +12.11% | +12.81% | +9.06% | — | +9.46% |
| Total return | +1.82% | +2.35% | +6.61% | +7.32% | +12.11% | +12.81% | +9.06% | — | +9.46% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.79% | Annual cost of a $10,000 investment | $79.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 25, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 6 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SPY 12/31/2026 6.82 C | — | 103.15% | 19.47K | $1.47B |
| 2 | SPY 12/31/2026 681.92 P | — | 1.10% | 19.47K | $15.6M |
| 3 | US BANK MMDA - USBGFS 9 09/01/2037 | — | 0.25% | 3.58M | $3.6M |
| 4 | Cash & Other | — | -0.04% | -620.83K | -$620.8K |
| 5 | SPY 12/31/2026 579.63 P | — | -0.38% | -19.47K | -$5.3M |
| 6 | SPY 12/31/2026 765.86 C | — | -4.09% | -19.47K | -$58.0M |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 5.79% / 7.59% | Sharpe 1Y / 3Y | 1.49 / 1.25 |
| Max drawdown 1Y / 3Y | -4.63% / -10.50% | Sortino 1Y | 2.26 |
| Beta vs S&P 500 (3Y) | 0.463 | Correlation vs S&P 500 (1Y) | 0.922 |
| Downside deviation 1Y | 3.82% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 15.80K | Average volume | 93.35K |
| AUM | $1.42B | Premium/Discount | +0.10% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$1.1M | -0.08% | $1.42B → $1.42B |
| 1 Week | -$7.1M | -0.50% | $1.43B → $1.42B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for PJAN
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.