Innovator U.S. Equity Accelerated 9 Buffer ETF
$41.48+0.07 (+0.16%)
- 0.79%
- $78M
- +11.4%
- 0M sh
- $41.45
- low $37.02high $41.48
The ETF.net XBJL 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.C54 out of 100Rank 2 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 4 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 1 of 4Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 2 of 6
Our read on XBJL
BMost buffer ETFs give up upside to buy protection. XBJL flips it: each July-to-June period aims for twice the S&P 500 ETF's price gain up to a cap, with the first 9% of losses absorbed.
The fund seeks twice the upside return of an ETF tracking the S&P 500 Index, subject to a cap, while providing approximately one-to-one downside exposure after a 9% buffer over the annual outcome period.
Why people hold it
- Double up, not give up. It targets 2x the underlying S&P 500 ETF's price return to a cap, with downside one-to-one after a 9% buffer. Leverage runs one direction.innovatoretfs.com
- It rolls itself. Each period runs July 1 to June 30, with a fresh cap and buffer struck at the reset. No maturity date, no options to roll.sec.gov
- Fees are 0.79%, the same sticker as Innovator's other accelerated buffer funds (XBAP, XBJA, XBOC). The July start date costs no premium.
- FLEX options on SPY, cleared by the Options Clearing Corporation, inside a 1940 Act fund launched in 2021. Plain brokerage account, no bank note.sec.gov
Worth knowing
- Outcomes are engineered for holders who own it from a period's first day to its last. Buy or sell mid-period and your effective cap and buffer differ.sec.gov
- Returns follow the underlying ETF's share price only. The fund does not receive its dividends, the trade for accelerated upside.sec.gov
- It trades far less actively than the plain S&P 500 funds underneath it, which can mean wider bid-ask spreads in fast markets.
XBJL Holdings
- Stocks
- 5
- 113%
- VOO
Sectors
- Technology38.7%
- Financials12.0%
- Communication9.5%
- Consumer Discretionary9.3%
- Health Care9.3%
- Industrials7.8%
- Consumer Staples4.5%
- Energy3.5%
- Utilities2.0%
- Real Estate1.8%
- Materials1.7%
Geography
- United States100.00%
XBJL 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.
XBJL$11,143
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 | XBJL |
|---|---|
| Year to date | +8.3% |
| 1 month | +1.3% |
| 3 months | +3.1% |
| 1 year | +11.4% |
| 3 years | +13.0% |
| 5 years | +9.8% |
| 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 | XBJL |
|---|---|---|
| 2026 YTD | +8.3% | |
| 2025 | +12.1% | |
| 2024 | +11.5% | |
| 2023 | +19.5% | |
| 2022 | −5.0% | |
| 2021 | +4.7% |
XBJL in the news
XBJL Dividends
No distributions in the last 12 months.
XBJL Risk
- 5.5%
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.
- 1.45
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.
- −11.8%
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.
XBJL Cost
0.79%
XBJL0.79%
- 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%
- BXBJAInnovator U.S. Equity Accelerated 9 Buffer ETFExpense ratio 0.79%1 year return +12.0%
- 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%