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Launched

Innovator Premium Income 30 Barrier ETF

JULJCboeInnovatorC

$24.86−0.02 (−0.07%)

As of Nov 2, 2026, 3:59 PM ET

C50/ 100

Rank 9 of 13 in S&P 500 Ultra Buffer 30%

C50/100Rank 9 of 13inS&P 500 Ultra Buffer 30%
Intraday session: down, 78 prints from 24.87 to 24.86. Range 24.85 to 24.93. Use the arrow keys to read each point.24.9024.9210 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$14M
1Y total return
+4.9%
Yield · Last 12 months
5.67%
Holdings
5
Avg volume · 30D
2.6K sh
52W range
low $24.67high $25.35
Launched

The ETF.net JULJ Grade

Based on 4 of 6 pillars

C

Score 50 out of 100

Category
S&P 500 Ultra Buffer 30%⁠
Rank
9 of 13
Six-pillar profile for JULJ. Scores out of 100: Cost 50, Risk 68, Mission not scored, Tradability 45, Holdings not scored, Durability 21. Strongest: Risk (68). Weakest: Durability (21). Based on 4 of 6 pillars.

Score 50 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.
    C50 out of 100
    Rank 2 of 13

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B68 out of 100
    Rank 1 of 13

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C45 out of 100
    Rank 8 of 13

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F21 out of 100
    Rank 12 of 13

Our read on JULJ

ETF.net Research

In short

CMost defined-outcome funds trade your upside for a cushion and pay you nothing along the way. JULJ flips the deal: a distribution rate set for each outcome period and paid quarterly, with the first 30% of S&P 500 price losses absorbed.

Stated mandate

The Fund seeks to provide a defined distribution over each Outcome Period while protecting shareholders from the first 30% of losses in the referenced U.S. equity index over that period.

Why people hold it

  • The payoff is written down in advance: a defined distribution rate declared for each outcome period, paid out quarterly.
  • Deep coverage by design: the structure targets the first 30% of S&P 500 Price Return Index losses over the outcome period.
  • 0.79% a year, under the typical fee in its deep-protection cohort and level with Innovator's own UFEB, though Pacer's Swan SOS conservative funds (PSCX, PSCW) come cheaper.

Worth knowing

  • Index appreciation isn't the goal. The stated objective is the defined distribution plus downside protection, so gains beyond that payout aren't what you're buying.
  • It's a barrier structure, and terms run from the start of an outcome period to its end. Innovator's fund page spells out how the 30% applies and what a mid-period buyer gets.
  • Small fund, thinly traded. Limit orders and a glance at the spread do real work here.

JULJ Performance

Launched Jul 3, 2023

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.Not enough history yet.
JULJ$10,488
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. JULJ $10,488. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for JULJ. Periods over one year show the average yearly return.
PeriodJULJ
Year to date+3.8%
1 month+0.2%
3 months+1.4%
1 year+4.9%
3 yearsper year+6.0%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JULJ
YearReturn barJULJ
2026 YTD+3.8%
2025+5.9%
2024+6.2%
2023+3.5%

Since listing, Jul 3, 2023

JULJ in the news

JULJ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
5.67%Last 12 months
Payout per share
$1.41Last 12 months
Last payment
$0.34 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 13 payments from 2023 to 2026 YTD. Sep 28, 2023 $0.40; Dec 28, 2023 $0.40; Mar 27, 2024 $0.40; Jun 28, 2024 $0.40; Sep 30, 2024 $0.34; Dec 31, 2024 $0.34; Mar 31, 2025 $0.34; Jun 30, 2025 $0.34; Sep 30, 2025 $0.33; Dec 31, 2025 $0.42; Mar 31, 2026 $0.33; Jun 30, 2026 $0.33; Sep 30, 2026 $0.34. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 30, 2026Oct 2, 2026$0.34
Jun 30, 2026Jul 1, 2026$0.33
Mar 31, 2026Apr 1, 2026$0.33
Dec 31, 2025Jan 2, 2026$0.42
Sep 30, 2025Oct 2, 2025$0.33
Jun 30, 2025Jul 1, 2025$0.34
Mar 31, 2025Apr 1, 2025$0.34
Dec 31, 2024Jan 2, 2025$0.34
Sep 30, 2024Oct 4, 2024$0.34
Jun 28, 2024Jul 1, 2024$0.40
Mar 27, 2024Apr 1, 2024$0.40
Dec 28, 2023Jan 2, 2024$0.40

See all 13 payments⁠

$10,000 in JULJ 3 years ago paid $1,725 in dividends.⁠

JULJ Risk

Risk pillarB68 out of 100Rank 1 of 13 in S&P 500 Ultra Buffer 30%
How much the fund’s monthly returns vary, scaled to a year.
1.1%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.36
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−3.6%
39 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
0.05
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

JULJ Cost

Compare JULJ and CTMA

Overpaying vs CTMA, cheapest in S&P 500 Ultra Buffer 30%

$9,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JULJ 0.79%

    $15,174

  • CTMA 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • JULJ 0.79%
  • CTMA 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530JULJ $15,174CTMA $6,149

Year by year

YearJULJCTMAOverpaying
10$1,405$545$860
20$5,331$2,113$3,218
30$15,174$6,149$9,025

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