Innovator 20+ Year Treasury Bond 5 Floor ETF (TFJL)
Innovator 20+ Year Treasury Bond 5 Floor ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $18.54, up 0.05% on the session, giving a market capitalisation of $17.8M. Its beta of 0.24 implies it has historically moved less than the broad market.
The Innovator 20+ Year Treasury Bond 5 Floor ETF (TFJL) is structured to provide investors with exposure to the positive market performance of the iShares 20+ Year Treasury Bond ETF (TLT). During its specific outcome period, this ETF aims to capture TLT's appreciation, though these gains are subject to an upper limit. Simultaneously, it is designed to protect against significant downside, capping potential losses at no more than 5%.
Innovator 20+ Year Treasury Bond 5 Floor ETF is most often compared with the following Financial Services names: