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ETFs

Innovator U.S. Equity Buffer ETF - June

BJUN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 03 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$214,479
AUM
$136,024,500
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 05/31/2023 4.14 C
96.21%
n/a
SPY 05/31/2023 412.94 P
5.43%
n/a
Cash & Other
0.19%
n/a
SPY 05/31/2023 494.28 C
-0.01%
n/a
SPY 05/31/2023 375.77 P
-1.83%
Invest with BJUN

What is BJUN?

The Innovator S&P 500 Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

ETFs related toBJUN

ETFs correlated to BJUN include FMAY, SPLG, SPUU

BJUN
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - June
FMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBJUN

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BJUN using Composer

FAQ

BJUN is a US Equities ETF. The Innovator S&P 500 Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

BJUN tracks the S&P 500 Index.

No, BJUN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BJUN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BJUN is -0.0055%. This is the percent change in the value of BJUN over the most recent 1-month period. The 3-month return on BJUN is 0.0204%. This is the percent change in the value of BJUN over the most recent 3-month period.

The standard deviation of BJUN for the past year is 0.1564%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BJUN include BOCT, UMAR, and PDEC.

ETFs correlated to BJUN include FMAY, SPLG, and SPUU.

ETFs that are inversely correlated to BJUN include SH, SPXS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.