IJAN ETF — Innovator MSCI EAFE Power Buffer ETF January

Innovator MSCI EAFE Power Buffer ETF January (IJAN)

Updated October 16, 2026.

IJAN is an ETF. its expense ratio is 0.85%. Total return is 55.6% over the past 6.8 years, 102.8 points behind SPY at 158.4%.

This ETF invests at least 80% of its assets in the iShares MSCI EAFE ETF, which tracks developed international stock markets outside North America, while employing a buffer strategy designed to limit losses within a specific range during its annual period. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.85%. It appeals to investors seeking international equity exposure with built-in downside protection, though the buffer benefit resets annually.

IJAN performance versus SPY

Price and return data through 2026-10-16.

Total return is 55.6% over the past 6.8 years, 102.8 points behind SPY at 158.4%. Over the past year its total return — price change plus distributions reinvested — is 9.1%. Its deepest 1-year drawdown was 6.1%.

IJAN key facts

Issuer

Innovator ETFs

Asset type

ETF

Asset class

Equity

Inception date

12/31/2019

Expense ratio

0.85%

Distribution frequency

None

Last close

$38.40 (as of 2026-10-16)

AUM

$229,130,313

Average volume

12732.0

Beta

0.42

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Innovator ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IJAN risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.1%.

Who may consider IJAN — and who may not

It is a weaker fit for investors who need monthly cash flow (IJAN does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on IJAN

• All tickers starting with I

Tagged: Downside Protection, Options, Target, International.

Frequently asked questions

More securities from Innovator ETFs.