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Dividend Vision

ZJAN — Innovator Equity Defined Protection ETF - 1 Yr January

Innovator Equity Defined Protection ETF - 1 Yr January (ZJAN)

ZJAN pays a 0.00% distribution rate, on a 0.79% expense ratio. Total return is 10.5% over the past 1.6 years, 24.6 points behind SPY at 35.1%. Its deepest 1-year drawdown was 1.4%.

Innovator Equity Defined Protection ETF - 1 Yr January employs a defined outcome strategy that provides downside protection on an equity portfolio while capping upside potential over a one-year period, resetting annually in January. The fund carries an expense ratio of 0.79% and currently offers no yield, as returns are structured through the defined protection mechanism rather than regular distributions. This ETF appeals to investors seeking downside hedging and defined risk parameters within an equity allocation, particularly those comfortable with capped upside in exchange for protection against significant losses.

ZJAN key facts

Issuer
Innovator ETFs
Asset type
ETF
Asset class
Equity
Inception date
12/31/2024
Expense ratio
0.79%
Distribution rate
0.00%
Last close
$28.30
AUM
$115,722,657
Average volume
7000.0
Beta
0.1406
P/E ratio
25.3546