Innovator U.S. Equity Power Buffer ETF (PJAN) Dividend Yield, History & Forecast

Innovator U.S. Equity Power Buffer ETF (PJAN) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $1.25B.

PJAN fund composition

PJAN holds 6 positions. It charges an expense ratio of 0.79%, and manages $1.44B.

Sector allocation

Technology36.2%Financial Services11.9%Communication Services10.9%Consumer Cyclical10.1%Healthcare8.4%Industrials8.1%Consumer Defensive4.9%Energy3.5%Other6.0%

Frequently Asked Questions about Innovator U.S. Equity Power Buffer ETF (PJAN)

What does Innovator U.S. Equity Power Buffer ETF invest in?
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.