Key stats
About Innovator U.S. Equity Accelerated 9 Buffer ETF - July
Home page
Inception date
Jun 30, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
XBJL uses FLEX options, in an effort to participate in up to 2x upside price movement of the SPDR S&P 500 ETF (Ticker: SPY) over a one-year period starting each July. The fund foregoes some upside return as well as dividend payments made by SPY. In exchange for preventing realization of the first 9% of SPYs losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted cap and buffers do not include the funds expense ratio.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.76%
Cash0.24%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, XBJL doesn't pay dividends to its holders.
XBJL shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Jun 30, 2021, and its management style is Active.
XBJL expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
XBJL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XBJL invests in cash.
XBJL price has risen by 2.13% over the last month, and its yearly performance shows a 11.45% increase. See more dynamics on XBJL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.75% over the last month, showed a 9.95% increase in three-month performance and has increased by 11.54% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.75% over the last month, showed a 9.95% increase in three-month performance and has increased by 11.54% in a year.
XBJL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.