---
ticker: "TJUL"
name: "Innovator Equity Defined Protection ETF"
url: "https://etf.net/etf/TJUL"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "S&P 500 Full Protection"
category_rank: "21 of 39"
methodology: "https://etf.net/methodology"
---

# TJUL: Innovator Equity Defined Protection ETF

Grade **C**, Score 45 of 100. Rank 21 of 39 in S&P 500 Full Protection.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 21 | 23 of 39 |
| Mission | Not scored | — |
| Risk | 47 | 24 of 38 |
| Tradability | 80 | 9 of 39 |
| Holdings | Not scored | — |
| Durability | 87 | 2 of 39 |

## Top holdings

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

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | 4SPY Us 06/30/27 C11.12 Flx | 115.53% |
| 2 | — | 4SPY Us 06/30/27 P617.85 Flx | 1.20% |
| 3 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.19% |

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