Innovator U.S. Equity Buffer ETF (BJAN)
Innovator U.S. Equity Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $60.87, up 0.44% on the session, giving a market capitalisation of $313.7M. Its beta of 0.70 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Buffer ETF (BJAN) aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY), offering investors exposure to the S&P 500. This fund protects against the first 9% of potential losses over a defined period, though it also limits upside gains with a predetermined maximum. Investors can hold this ETF long-term, as its features, including the cap and buffer, are reset at the conclusion of each outcome period, which happens approximately once a year.
Innovator U.S. Equity Buffer ETF is most often compared with the following Financial Services names: