Snapshot*
Top 10 Holdings
What is PJUN?
The Innovator S&P 500 Power 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 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.
ETFs related toPJUN
ETFs correlated to PJUN include VOO, SPXL, UPRO
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 toPJUN
Diversify with Sin Stocks
SPY minimum drawdown
Create your own algorithmic trading strategy with PJUN using Composer
News Related to PJUN
API Weekly Crude Oil Stock 4.236M Barrel Draw Vs 1.000M Barrel Build Est.; 2.499M Barrel Build Prior
May 28, 2025 • by Benzinga Newsdesk'Elon Musk Tried To Block Sam Altman's Big Ai Deal In The Middle East; Musk Warned That Trump Wouldn't Bless OpenAI Data-Center Project Unless His xAI Company Was Added' - WSJ
May 28, 2025 • by Benzinga Newsdesk'President Trump Orders US Chip Designers To Stop Selling To China' - Financial Times
May 28, 2025 • by Benzinga NewsdeskFAQ
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.