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ETFs

Innovator Premium Income 20 Barrier ETF - July

JULH
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 30, 2023
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$357,650
AUM
$25,000,000
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
UNITED STATES TREAS BILLS 06/13/2024
97.44%
—
SPX 06/28/2024 3515.63 P
23.22%
—
UNITED STATES TREAS BILLS 09/28/2023
1.8%
—
UNITED STATES TREAS BILLS 12/28/2023
1.78%
—
UNITED STATES TREAS BILLS 03/21/2024
1.77%
—
Cash & Other
0.11%
—
XSP 06/28/2024 356.02 P
-0.35%
—
SPX 06/28/2024 3560.13 P
-25.78%
Invest with JULH
Trade JULH Options

What is JULH?

The Fund invests in FLexible Exchange Options (FLEX Options) that reference the S&P 500 Price Return Index (the U.S. Equity Index) and U.S. Treasury bills (U.S. Treasuries) to employ an income-oriented defined outcome strategy. Defined outcome strategies seek to produce pre-determined investment outcomes based upon the performance of an underlying security or index. The outcomes sought by the Fund, which include the defined distributions and barrier discussed below (the Outcomes), are contingent on the performance of the U.S. Equity Index price return and the yield of the U.S. Treasuries over an approximately one-year period from April 1 through March 31 of the following year (the Outcome Period).

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

for the time period Jul 3, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 0.8%

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

3M Trailing Return: 1.7%

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

Measures of Risk or Volatility

Max Drawdown: -5.5%

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

Standard Deviation: 5.0%

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: 1.45

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: 1.34

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

ETFs related toJULH

ETFs correlated to JULH include GAUG, AUGW, VOTE

JULH
Innovator ETFs Trust - Innovator Premium Income 20 Barrier ETF - July
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SPYI
NEOS ETF Trust - NEOS S&P 500 High Income ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
BKLC
BNY Mellon ETF Trust - BNY Mellon US Large Cap Core Equity ETF
STRV
EA Series Trust - Strive 500 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

JULH is a US Equities ETF. The Fund invests in FLexible Exchange Options (FLEX Options) that reference the S&P 500 Price Return Index (the U.S. Equity Index) and U.S. Treasury bills (U.S. Treasuries) to employ an income-oriented defined outcome strategy. Defined outcome strategies seek to produce pre-determined investment outcomes based upon the performance of an underlying security or index. The outcomes sought by the Fund, which include the defined distributions and barrier discussed below (the Outcomes), are contingent on the performance of the U.S. Equity Index price return and the yield of the U.S. Treasuries over an approximately one-year period from April 1 through March 31 of the following year (the Outcome Period).

JULH tracks the S&P 500 Index.

No, JULH 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, JULH 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 JULH is 0.0076%. This is the percent change in the value of JULH over the most recent 1-month period. The 3-month return on JULH is %. This is the percent change in the value of JULH over the most recent 3-month period.

ETFs similar to JULH include SSO, IVV, and UPRO.

ETFs correlated to JULH include GAUG, AUGW, and VOTE.

ETFs that are inversely correlated to JULH include SDS, SH, 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.