Innovator Intl Developed Power Buffer ETF
$36.04+0.13 (+0.35%)
- 0.85%
- $251M
- +10.7%
- 0.00%
- 0M sh
- $35.75
- low $31.90high $38.98
The ETF.net IJUL Grade
C
Score 54 out of 100
- 6 of 26
Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D38 out of 100Rank 11 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 11 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 4 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A91 out of 100Rank 1 of 26
Our read on IJUL
CMost buffer ETFs babysit the S&P 500. IJUL points the same 15% downside cushion at developed markets outside the US, tracking an EAFE index fund up to a cap over a one-year outcome period that restarts each July.
The fund seeks to track the return of the iShares MSCI EAFE ETF (EFA) up to a predetermined cap while protecting against the first 15% of losses during the outcome period.
Why people hold it
- The mechanics are fixed by prospectus: absorb the first 15% of the reference ETF's losses over the outcome period, participate in gains up to a cap set when that period begins.innovatoretfs.com
- Foreign exposure, not another S&P 500 clone. The reference asset is the iShares MSCI EAFE ETF, so the buffer sits on developed-market equity.innovatoretfs.com
- At 0.85% a year, it charges exactly the median fee of its buffer peer group. No surcharge for pointing the structure overseas.
- Running since 2019 and one of the strongest implementations in its cohort, with sibling months (IMAR, IAPR, IMAY) available if you want staggered start dates.
Worth knowing
- The cap is the price of the cushion: upside stops there for the period. Buying mid-period means your own buffer and cap differ from the stated terms.
- Return comes from share price, not income. The options-based structure has produced no distributions, so EAFE's dividend stream is not passed through.
- Volume is light next to plain index funds, so spreads and limit orders matter more at the moment you trade.
IJUL Holdings
- Stocks
- 3
- 102%
- Efa 06/30/2027 1.04 C
Sectors
- Financials26.1%
- Industrials18.7%
- Technology12.0%
- Health Care10.1%
- Consumer Discretionary7.1%
- Consumer Staples6.4%
- Materials5.8%
- Communication4.7%
- Energy4.0%
- Utilities3.6%
- Real Estate1.5%
IJUL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
IJUL$11,066
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IJUL |
|---|---|
| Year to date | +7.2% |
| 1 month | −2.2% |
| 3 months | −0.6% |
| 1 year | +10.7% |
| 3 years | +12.1% |
| 5 years | +8.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IJUL |
|---|---|---|
| 2026 YTD | +7.2% | |
| 2025 | +21.0% | |
| 2024 | +2.1% | |
| 2023 | +13.8% | |
| 2022 | −2.8% | |
| 2021 | +2.8% | |
| 2020 | +0.4% |
IJUL in the news
Week in Funds
ZOCT paid its cap, then reset at 9.43%
IJUL Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
IJUL Risk
- 7.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.00
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.46
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IJUL Cost
0.85%
IJUL0.85%
- The middle half of Developed International Buffer 15% funds
- Median 0.85%
10 of the 26 Developed International Buffer 15% funds charge less.
Other funds in Developed International Buffer 15%
- BIAUGInnovator Intl Developed Power Buffer ETFExpense ratio 0.85%1 year return +9.0%
- BJULIAIM ETF Products Trust - AllianzIM International Equity Buffer15 Uncapped Jul ETFExpense ratio 0.79%1 year return —
- CIAPRInnovator Intl Developed Power Buffer ETFExpense ratio 0.85%1 year return +11.5%
- CISEPInnovator Intl Developed Power Buffer ETFExpense ratio 0.85%1 year return +9.9%
- CIJUNInnovator International Developed Power Buffer ETF - JuneExpense ratio 0.85%1 year return +10.4%