Innovator U.S. Equity Power Buffer ETF (PJAN)
PJAN Price Chart
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PJAN ETF Profile
Key details and information about Innovator U.S. Equity Power Buffer ETF (PJAN).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
3 Jan 2019
Country
US
Description
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.
PJAN ETF Performance
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