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Dividend Vision

JAJL — Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul

Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul (JAJL)

JAJL pays a 0.00% distribution rate, on a 0.79% expense ratio. Total return is 15.9% over the past 2.1 years, 29.8 points behind SPY at 45.7%. Its deepest 1-year drawdown was 1.0%.

Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul employs a structured equity strategy with built-in downside protection that resets semi-annually in January and July, offering investors exposure to equity markets with defined risk parameters. The fund carries a 0.79% expense ratio and currently distributes no income, making it suited for capital appreciation rather than yield generation. This ETF appeals to investors seeking equity exposure with systematic downside hedging mechanisms, particularly those prioritizing principal protection over income.

JAJL key facts

Issuer
Innovator ETFs
Asset type
ETF
Asset class
Equity
Inception date
06/28/2024
Expense ratio
0.79%
Distribution rate
0.00%
Last close
$30.26
AUM
$259,608,427
Average volume
13100.0
Beta
0.1109
P/E ratio
25.7567