Innovator U.S. Small Cap Power Buffer ETF - January (KJAN) Dividend Yield, History & Forecast

Innovator U.S. Small Cap Power Buffer ETF - January (KJAN) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $334M.

KJAN fund composition

KJAN holds 6 positions. It charges an expense ratio of 0.79%, and manages $327.5M.

Sector allocation

Healthcare20.3%Financial Services17.6%Technology14.5%Industrials14.1%Consumer Cyclical9.2%Real Estate6.7%Energy5.5%Basic Materials4.3%Other7.6%

Frequently Asked Questions about Innovator U.S. Small Cap Power Buffer ETF - January (KJAN)

What does Innovator U.S. Small Cap Power Buffer ETF - January invest in?
KJAN uses FLEX options in an effort to moderate losses on the iShares Russell 2000 ETF over a one-year period starting each January. The fund foregoes some upside return as well as the ETF's dividend component, because the options are written on the price (not total) return version of the shares. In exchange for preventing realization of the first 15% of losses on the shares, investors forego upside some participation. The partial downside hedge and upside cap are reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer...