NJUL vs NJUN: Grades, Fees and Holdings Compared

Innovator Nasdaq-100 Power Buffer ETF - July

NJULCCboe

Innovator Growth-100 Power Buffer ETF - June

NJUNCCboe

Overlap

0.3%by weight

Expense ratio

NJUL0.79%NJUN0.79%

Avg volume · 30D

NJUL 1.2×the volume

NJUL21.4KNJUN17.3K

NJUL vs NJUN Performance

Nov 5, 2025 – Nov 5, 2026

+1.5%NJUL−0.1%NJUN

Expense ratio: NJUL 0.79%; NJUN 0.79%
Fund size: NJUL $269M; NJUN $165M
1Y total return: NJUL +1.5%, better; NJUN −0.1%
Holdings: NJUL 3; NJUN 3
Avg volume (30D): NJUL 21.4K sh, better; NJUN 17.3K sh
NAV per share: NJUL $75.88; NJUN $32.26
52W range

ETF.net Grade

Pillar letters and Scores for NJUL, NJUN, with each pillar’s weight
Pillar	NJUL	NJUN
Cost30% weight	D39	D39
Mission25% weight	Not scored	Not scored
Risk15% weight	C40Higher	D33
Tradability15% weight	A82Higher	B64
Holdings10% weight	Not scored	Not scored
Durability5% weight	A87Higher	A76

Rank among Nasdaq-100 Buffer 15% funds

How we build Categories ›

Same Category. NJUL and NJUN are both graded against the same 15 Nasdaq-100 Buffer 15% funds, so their Grades compare head to head.

Nasdaq-100 Buffer 15%⁠

Category · 15 funds

See all 15 ›

NJUL ranks 4th and NJUN 6th of 15 funds in the Nasdaq-100 Buffer 15% Category.

Rank 1BQBQFAllianzIM Growth 100 Buffer15 ETFScore 56
Rank 2CNOCTInnovator Growth-100 Power Buffer ETFScore 55
Rank 3CNJANInnovator Growth-100 Power Buffer ETFScore 54
Rank 4CNJULInnovator Nasdaq-100 Power Buffer ETF - JulyScore 53
Rank 5CNAPRInnovator Nasdaq 100 Power Buffer ETF - AprilScore 52
Rank 6CNJUNInnovator Growth-100 Power Buffer ETF - JuneScore 46
Rank 7CQCJAFT Vest Nasdaq-100 Conservative Buffer ETF - JanuaryScore 42

Our read on each fund

ETF.net Research

NJULCInnovator Nasdaq-100 Power Buffer ETF - July

NJUNCInnovator Growth-100 Power Buffer ETF - June

In short

NJUL Nasdaq-100 exposure with a seatbelt. NJUL absorbs the first 15% of QQQ's losses over a one-year outcome period that resets each July, and in exchange accepts a ceiling on the upside set the day the period begins.

NJUN No data

Stated mandate

NJUL The fund seeks to track the return of the Invesco QQQ Trust (QQQ), subject to a predetermined cap, while protecting investors from the first 15% of losses during the outcome period.

NJUN No data

Why people hold it

NJUL The contract is written down, not implied: a 15-point cushion against QQQ's decline over the outcome period, with the trade-off stated in the prospectus.
The clock resets every July 1. Investors who start with a fresh period know the buffer and the cap before they commit, rather than guessing at the risk.
A plain 1940 Act ETF, not a bank-issued structured note, so the defined outcome doesn't ride on a single issuer's credit.
Live since 2020, with siblings NJAN and NAPR running the same Nasdaq-100 buffer recipe at the same 0.79% on different reset dates.

NJUN No data

Worth knowing

NJUL The ceiling is real. The cap is fixed when each period starts, so a runaway Nasdaq year leaves gains on the table.
Buy mid-period and you inherit whatever buffer and cap are left, not the headline 15%. Full terms belong to holders who own from the reset date.
At 0.79% it matches the typical Nasdaq-100 buffer fund, but sits above PBQQ at 0.50% and the Calamos series at 0.69%, and it isn't among the group's busiest tickers.

NJUN No data

Full NJUL profile⁠

Full NJUN profile⁠

NJUL vs NJUN Holdings

How NJUL and NJUN differ

Overlap by weight

0.3%

Shared holdings make up 0.3% of NJUN and 0.3% of NJUL.

Level by level

Holdings1 in both0.3%
Sector10 Sectors97.5%
Asset classStocks100%
Countryby domicile99.99%

Sector

Sector weights in NJUL and NJUN, widest gap first
Sector	Gap	NJUL	NJUN
Communication	NJUN +1.3 points	11.4%	12.7%
Technology	NJUN +1.2 points	58.9%	60.1%
Consumer Discretionary	NJUL +0.8 points	10.9%	10.1%
Consumer Staples	NJUL +0.6 points	6.3%	5.7%
Health Care	NJUL +0.6 points	4.4%	3.8%
Industrials	NJUL +0.2 points	5.3%	5.1%
Materials	NJUL +0.1 points	1.0%	0.9%
Utilities	NJUL +0.1 points	1.1%	1.0%
Energy	Same weight	0.5%	0.5%
Financials	Same weight	0.2%	0.2%

Country, concentration and asset class

Country by domicile

Country weights in NJUL and NJUN, widest gap first
Country	Gap	NJUL	NJUN
United States	Same weight	97.3%	97.3%
Canada	Same weight	1.1%	1.1%
Netherlands	Same weight	0.9%	0.9%
Brazil	Same weight	0.4%	0.4%
China	Same weight	0.2%	0.2%
United Kingdom	Same weight	0.2%	0.2%

Concentration

Weight in the 10 largest Holdings

NJUL103.9%
NJUN103.4%

Securities held

NJUL3
NJUN3

Asset class

NJUL: Stocks
NJUN: Stocks

Holdings

Only in NJUL2
In both1
Only in NJUN2

Only in NJUL

2 securities, 100% of NJUL by weight

Qqq 06/30/2027 7.36 C94.96%
Qqq 06/30/2027 736.4 P8.62%

Only in NJUN

2 securities, 100% of NJUN by weight

Qqq 05/28/2027 7.38 C94.66%
Qqq 05/28/2027 738.31 P8.44%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in NJUL and NJUN, widest gap first
Holding	More in NJULMore in NJUN	Gap	NJUL	NJUN
Us Bank Mmda - Usbgfs 9 09/01/2037		NJUN +0.01 points	0.33%	0.34%

All 6 NJUL holdings⁠All 6 NJUN 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.

NJUL vs NJUN Cost

Same expense ratio

$15,174

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

NJUL 0.79%
$15,174
NJUN 0.79%
$15,174

Amount$10,000

Years30 years

Cost over time

NJUL 0.79%
NJUN 0.79%

Year by year

Year	NJUL	NJUN
10	$1,405	$1,405
20	$5,331	$5,331
30	$15,174	$15,174

Expense ratio

0.79%NJUL
0.79%NJUN

NJUL0.79%NJUN0.79%

0.30%0.90%

Middle half of Nasdaq-100 Buffer 15% funds
Median 0.79%

NJUL 8th cheapest of 15 funds

NJUN 8th cheapest of 15 funds

NJUL vs NJUN Dividends

Last 12 months to Nov 5, 2026

Payout (12M): NJUL None; NJUN None

Distribution history

NJULAll NJUL payments⁠

No distribution history available.

NJUNAll NJUN payments⁠

No distribution history available.

NJUL vs NJUN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: NJUL 8.8%NJUN 8.2%since Jul 2024
Return per unit of riskSharpe ratio, 3 years: NJUL 1.09NJUN 0.67since Jul 2024
Worst fallMax drawdown, 5 years: NJUL −14.4%NJUN −12.6%since Jun 2024
Market sensitivityBeta, 5 years: NJUL 0.57NJUN 0.52; Market = 1

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