Innovator Equity Defined Protection ETF - 1 Yr JulyInnovator Equity Defined Protection ETF - 1 Yr JulyInnovator Equity Defined Protection ETF - 1 Yr July

Innovator Equity Defined Protection ETF - 1 Yr July

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Key stats


Assets under management (AUM)
‪154.00 M‬USD
Fund flows (1Y)
‪57.51 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.09%
Shares outstanding
‪5.45 M‬
Expense ratio
0.79%

About Innovator Equity Defined Protection ETF - 1 Yr July


Issuer
Innovator Capital Management LLC
Brand
Innovator
Inception date
Jul 1, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
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
ZJUL invests all its assets in FLEX options. The option positions are structured in a way that aims to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over one year. The upside cap and hedge are reset yearly, at the beginning of July. Shareholders should note that they will not receive dividends since the objective focuses on potential growth. The specific defined outcome pursued may only be possible if an investor would hold the shares for the entire outcome period. However, there is no guarantee that the defined outcome strategy pursued will be realized by investors. When factoring risks, potential rewards, and the all-in costs for such a strategy, ZJUL is considered an alternative to more expensive fixed indexed annuities, market-linked CDs, holding near-term Treasury, or cash.

Broaden your horizons with more funds linked to ZJUL via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.83%
Cash0.17%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZJUL trades at 28.27 USD today, its price has fallen −0.11% in the past 24 hours. Track more dynamics on ZJUL price chart.
ZJUL net asset value is 28.24 today — it's risen 0.97% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZJUL assets under management is ‪154.00 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZJUL price has risen by 1.36% over the last month, and its yearly performance shows a 7.49% increase. See more dynamics on ZJUL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.97% over the last month, showed a 6.83% increase in three-month performance and has increased by 4.27% in a year.
ZJUL fund flows account for ‪57.51 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZJUL invests in cash. See more details in our Analysis section.
ZJUL expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZJUL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZJUL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZJUL shows the buy signal. See more of ZJUL technicals for a more comprehensive analysis.
No, ZJUL doesn't pay dividends to its holders.
ZJUL trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZJUL shares are issued by Innovator Capital Management LLC
ZJUL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 1, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.