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BJUN vs JANP

Innovator U.S. Equity Buffer ETF

BJUNCCboe

PGIM S&P 500 Buffer 12 ETF - January

JANPBCboe

Overlap

Expense ratio

JANP −0.29pt a year

BJUN0.79%JANP0.50%

Avg volume · 30D

BJUN 3.3×the volume

BJUN31.2KJANP9.46K

BJUN vs JANP Performance

Nov 7, 2025 – Nov 9, 2026

+7.4%BJUN+11.9%JANP

Nov 7, 2025 to Nov 9, 2026. BJUN +7.4%. JANP +11.9%. Use the arrow keys to read each point.−2.5%0%2.5%5%10%Nov 2025May 2026Nov 2026
Expense ratio
BJUN 0.79%
JANP 0.50%, better
Fund size
BJUN $239M
JANP $57M
1Y total return
BJUN +7.4%
JANP +11.9%, better
Holdings
BJUN 3
JANP 4
Avg volume (30D)
BJUN 31.2K sh, better
JANP 9.46K sh
NAV per share
BJUN $48.34
JANP $35.06
52W range

ETF.net Grade

BJUN: Cost 40, Risk 49, Mission not scored, Tradability 68, Holdings not scored, Durability 79. JANP: Cost 91, Risk 60, Mission not scored, Tradability 28, Holdings not scored, Durability 46.
Pillar letters and Scores for BJUN, JANP, with each pillar’s weight
PillarBJUNJANP
Cost30% weightC40A91Higher
Mission25% weightNot scoredNot scored
Risk15% weightC49B60Higher
Tradability15% weightB68HigherD28
Holdings10% weightNot scoredNot scored
Durability5% weightA79HigherC46

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BJUN and JANP are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

JANP ranks 4th and BJUN 37th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 76
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 66
  3. Rank 2BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 66
  4. Rank 4BJANPPGIM S&P 500 Buffer 12 ETF - JanuaryScore 65
  5. Rank 4BOCTTAllianzIM U.S. Equity Buffer10 Oct ETFScore 65
  6. Rank 37CBAUGInnovator U.S. Equity Buffer ETFScore 51
  7. Rank 37CBJUNInnovator U.S. Equity Buffer ETFScore 51
  8. Rank 37CBMAYInnovator U.S. Equity Buffer ETFScore 51

Our read on each fund

ETF.net Research

BJUNCInnovator U.S. Equity Buffer ETF

JANPBPGIM S&P 500 Buffer 12 ETF - January

In short

BJUN A one-year seatbelt on the S&P 500. BJUN absorbs the first 9% of SPY's losses and tracks it upward to a preset cap, then resets each June 1 with a fresh cap and a fresh buffer.

JANP No data

Stated mandate

BJUN The fund seeks to match the return of SPY up to a predetermined cap while protecting investors from the first 9% of losses during the outcome period.

JANP No data

Why people hold it

  • BJUN Terms are defined up front: it aims to absorb the first 9% of an SPY decline over the 12-month outcome period, matching gains up to a cap set at the start.innovatoretfs.com
  • It is a plain 1940 Act ETF built from options on SPY, not a bank-issued note, so no single issuer's credit sits between you and the payoff.innovatoretfs.com
  • Running since June 2019, so the June series has cycled through many annual resets, and it stands in the upper half of a crowded shallow-buffer field.
  • Trades with less friction than much of the dated-buffer group, which matters when you choose your own entry and exit rather than the fund's.

JANP No data

Worth knowing

  • BJUN The cap is what you hand over for the cushion, and it is struck fresh each June 1. You do not know the new ceiling until the period begins.innovatoretfs.com
  • Buffer and cap are measured across the full outcome period. Step in midstream and you get whatever protection and upside are left, not the headline 9%.innovatoretfs.com
  • 0.79% a year is the going rate in this group, not the floor: laddered BUFB runs 0.10% and quarterly-reset ZALT 0.69%. This line also pays no regular distributions.

JANP No data

Full BJUN profile⁠

Full JANP profile⁠

BJUN vs JANP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BJUN vs JANP Cost

Overpaying BJUN vs JANP

$5,195

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BJUN 0.79%

    $15,174

  • JANP 0.50%

    $9,979

$10,000
30 years

Cost over time

  • BJUN 0.79%
  • JANP 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BJUN $15,174JANP $9,979

Year by year

YearBJUNJANPOverpaying
10$1,405$900$505
20$5,331$3,460$1,871
30$15,174$9,979$5,195

Expense ratio

  • 0.79%BJUN
  • 0.50%JANP, cheaper
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

JANP 5th cheapest of 77 funds

BJUN 34th cheapest of 77 funds

BJUN vs JANP Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
BJUN None
JANP None

Distribution history

BJUNAll BJUN payments⁠

No distribution history available.

JANPAll JANP payments⁠

No distribution history available.

BJUN vs JANP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BJUN 7.2%JANP 6.3%since Feb 2024
Return per unit of riskSharpe ratio, 3 years
BJUN 1.41JANP 1.33since Feb 2024
Worst fallMax drawdown, 5 years
BJUN −16.7%JANP −12.2%since Jan 2024
Market sensitivityBeta, 5 years
BJUN 0.56JANP 0.50

BJUN and JANP in the news

All news⁠

Popular comparisons

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    Innovator U.S. Equity Buffer ETF · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
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    Category
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  • JANPBvsZALTA

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  • JANPBvsSIXJB

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    Expense ratio
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