---
ticker: "PJAN"
name: "Innovator U.S. Equity Power Buffer ETF"
url: "https://etf.net/etf/PJAN"
grade: "C"
score: 50
graded_at: "2026-10-12"
category: "S&P 500 Buffer 15%"
category_rank: "17 of 61"
methodology: "https://etf.net/methodology"
---

# PJAN: Innovator U.S. Equity Power Buffer ETF

Grade **C**, Score 50 of 100. Rank 17 of 61 in S&P 500 Buffer 15%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 35 | 34 of 61 |
| Mission | Not scored | — |
| Risk | 49 | 32 of 57 |
| Tradability | 71 | 7 of 59 |
| Holdings | Not scored | — |
| Durability | 89 | 3 of 61 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spy 12/31/2026 6.82 C | 103.68% |
| 2 | — | Spy 12/31/2026 681.92 P | 0.45% |
| 3 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.29% |

Source: etf.net, https://etf.net/etf/PJAN. Please cite the page URL.