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JULJ

GradeCChicago Board Options Exchange

Innovator Premium Income 30 Barrier ETF

Buffered · Innovator · Inception 2023-07-03

$25.15−0.03 (−0.12%)

As of Sep 23, 2026, 2:03 PM EDT

History starts Jul 3, 2023.
Intraday session: down, 31 prints from 25.18 to 25.15. Range 25.13 to 25.17. Use the arrow keys to read each point.$25.13$25.14$25.16$25.1710 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$14M
1Y return
+5.1%
Yield · Last 12 months
5.57%
Holdings
6
Volume · 30D
0M sh
NAV per share
$25.12
52W range
low $24.67high $25.35

The ETF.net JULJ Grade

C

49/ 100

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

Confidence Medium

Six-pillar profile for JULJ. Scores out of 100: Cost 50, Risk 64, Mission not scored, Tradability 45, Holdings not scored, Durability 21. Strongest: Risk (64). Weakest: Durability (21). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank2/13 · top 15%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 64
    Category rank3/13 · top 23%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank11/13 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 21
    Category rank12/13 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on JULJ

ETF.net Research

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

  1. 01The payoff is written down in advance: a defined distribution rate declared for each outcome period, paid out quarterly.
  2. 02Deep coverage by design: the structure targets the first 30% of S&P 500 Price Return Index losses over the outcome period.
  3. 030.79% 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

  1. 01Index 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.
  2. 02It'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.
  3. 03Small fund, thinly traded. Limit orders and a glance at the spread do real work here.

JULJ Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
6
Top-10 weight
118%
Largest holding
United States Treasury Bill 06/10/202797.5%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bill 06/10/202797.47%13,899,900$13M27
002—SPX 06/30/2027 5174.17 P16.26%549$2M1
003—United States Treasury Bill 09/29/20261.34%185,300$185K34
004—United States Treasury Bill 12/31/20261.33%185,600$184K9
005—United States Treasury Bill 03/18/20271.32%186,000$182K31
006—US BANK MMDA - USBGFS 9 09/01/20370.02%3,379$3K161

Showing 1–6 of 6 holdings

JULJ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

JULJ$10,513
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. JULJ $10,513. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+3.7%
1 month+0.6%
3 months+1.6%
1 year+5.1%
3 years+6.1%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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+3.7%
2025+5.9%
2024+6.2%
2023+3.5%

Since listing, Jul 3, 2023

JULJ in the news

ETF.net Research hasn’t filed on JULJ yet — coverage lands here as it’s written.

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 Sep 22, 2026.
5.57%Last 12 months
Payout per share
$1.40Last 12 months
Last payment
$0.33 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. 12 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. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
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
Sep 28, 2023Oct 2, 2023$0.40

JULJ Risk

How much the fund’s monthly returns vary, scaled to a year.
1.1%
Annualised · 36 months to Aug 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.
1.18
vs 3-month T-bills · to Aug 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%
38 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.

JULJ Cost

Expense ratio0.79%
  • The middle half of S&P 500 Ultra Buffer 30% funds
  • Median 0.79%

1 of the 13 S&P 500 Ultra Buffer 30% funds charge less.

JULJ costs $79.00 a year on $10,000. The median S&P 500 Ultra Buffer 30% fund costs $79.00.