Innovator U.S. Equity Accelerated 9 Buffer ETF
$34.890.00 (0.00%)
- 0.79%
- $94M
- +12.0%
- 0M sh
- $34.93
- low $30.52high $34.92
The ETF.net XBJA Grade
B
Score 55 out of 100
- 2 of 6
Score 55 of 100 falls in the B 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.B58 out of 100Rank 1 of 6Mission
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.C45 out of 100Rank 4 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 1 of 6Holdings
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.B63 out of 100Rank 3 of 6
Our read on XBJA
BMost buffered ETFs buy protection by selling away your upside. XBJA goes after both: twice SPY's price move up to a cap, roughly one-times exposure on the way down, and the first 9% of losses absorbed over a period that runs January to December.
The fund seeks to deliver twice SPY's upside return up to a cap, with approximately one-times downside exposure, over a one-year outcome period. It protects the first 9% of losses during that period.
Why people hold it
- Two-way structure: 2x SPY's price gain up to a cap, about 1x exposure on the downside, and the first 9 percentage points of a decline absorbed over the one-year outcome period.innovatoretfs.com
- No expiration date. The period closes December 31 and the fund resets with a fresh 9% buffer and a newly set cap, so the outcome year and the calendar year move together.innovatoretfs.com
- 0.79% expense ratio, the same sticker as the rest of Innovator's accelerated buffer shelf, including its April sibling XBAP.
- Listed in January 2022, so several full reset cycles are already in the rear-view mirror rather than one untested outcome period.
Worth knowing
- Buy mid-period and you inherit whatever cap room and buffer remain. After a run-up, the upside left can be thinner and the downside exposure larger than the headline terms suggest.innovatoretfs.com
- The math runs off SPY's price return, so the S&P 500's dividends are not passed through. Innovator's own materials say the fund is not built for income seekers.innovatoretfs.com
- Volume is light next to the headline buffer funds, which puts more weight on trading carefully: check the spread and use limit orders.
XBJA Holdings
- Stocks
- 4
- 118%
- Spy 12/31/2026 6.79 C
Sectors
- Technology40.1%
- Financials11.3%
- Communication9.9%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.6%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
XBJA 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.Not enough history yet.
XBJA$11,204
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 | XBJA |
|---|---|
| Year to date | +9.1% |
| 1 month | +0.9% |
| 3 months | +2.6% |
| 1 year | +12.0% |
| 3 years | +11.8% |
| 5 years | — |
| 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 | XBJA |
|---|---|---|
| 2026 YTD | +9.1% | |
| 2025 | +11.1% | |
| 2024 | +11.7% | |
| 2023 | +17.6% | |
| 2022 | −11.7% |
XBJA in the news
XBJA Dividends
No distributions in the last 12 months.
XBJA Risk
- 5.7%
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.
- 1.22
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.
- −17.4%
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.
- 0.40
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XBJA Cost
0.79%
XBJA0.79%
- The middle half of S&P 500 Accelerated, 9-12% Buffer funds
- Median 0.79%
No S&P 500 Accelerated, 9-12% Buffer fund charges less.
Other funds in S&P 500 Accelerated, 9-12% Buffer
- BXBAPInnovator U.S. Equity Accelerated 9 Buffer ETFExpense ratio 0.79%1 year return +14.4%
- BXBJLInnovator U.S. Equity Accelerated 9 Buffer ETFExpense ratio 0.79%1 year return +11.4%
- BXBOCInnovator U.S. Equity Accelerated 9 Buffer ETFExpense ratio 0.79%1 year return +13.4%
- CXTJLInnovator U.S. Equity Accelerated Plus ETF - JulyExpense ratio 0.79%1 year return +15.3%