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ETFs

Innovator International Developed Power Buffer ETF - January

IJAN
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 1, 2020
Expense Ratio
0.85%
Type
Global Ex. US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$248,472
AUM
$121,217,000
Associated Index
iShares MSCI EAFE ETF
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
EFA 12/29/2023 0.66 C
99.13%
—
EFA 12/29/2023 65.64 P
1.04%
—
Cash & Other
0.14%
—
EFA 12/29/2023 80.42 C
-0.06%
—
EFA 12/29/2023 55.79 P
-0.26%
Invest with IJAN
Trade IJAN Options

What is IJAN?

The Innovator MSCI EAFE Power Buffer ETF seeks to track the price return of the MSCI EAFE 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.

1M
3M
6M
YTD
1Y
3Y
Max
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IJAN
Performance Measures**

for the time period Jan 2, 2020 to Dec 4, 2025

Returns

1M Trailing Return: 1.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -22.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 12.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.56

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.29

The annualized return divided by the max drawdown for the selected time period.

ETFs related toIJAN

ETFs correlated to IJAN include BKIE, EFA, BBIN

IJAN
Innovator ETFs Trust - Innovator International Developed Power Buffer ETF January
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
GSID
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta International Equity ETF
SCHF
Schwab Strategic Trust - Schwab International 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.

FAQ

IJAN is a Global Ex. US Equities ETF. The Innovator MSCI EAFE Power Buffer ETF seeks to track the price return of the MSCI EAFE 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.

IJAN tracks the iShares MSCI EAFE ETF.

No, IJAN 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, IJAN 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 IJAN is -0.0047%. This is the percent change in the value of IJAN over the most recent 1-month period. The 3-month return on IJAN is -0.0214%. This is the percent change in the value of IJAN over the most recent 3-month period.

The standard deviation of IJAN for the past year is 0.1278%. 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 IJAN include YSEP, YMAR, and YJUN.

ETFs correlated to IJAN include BKIE, EFA, and BBIN.

ETFs that are inversely correlated to IJAN include EFZ, EPV, and SH.

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.