(PJAN) Innovator SP500 Power - Overview

ETF Category: Defined Outcome | Exchange: BATS (USA) | Market Cap: 1.515m USD | Total Return: 14.5% in 12m

Defined Outcome ETFs, Flex Options, Equity Derivatives
Total Rating 60
Safety 54
Buy Signal 0.00
Defined Outcome
Category Rotation: +1.5
TER: 0.79%
AUM: 1.51B
Avg Turnover: 2.56M
Risk 3d forecast
Volatility8.33%
VaR 5th Pctl1.52%
VaR vs Median1.64%
Reward TTM
Sharpe Ratio1.62
Rel. Str. IBD47
Rel. Str. Peer Group75
Character TTM
Beta0.390
Beta Downside0.359
Hurst Exponent0.571
Drawdowns 3y
Max DD10.49%
CAGR/Max DD1.21
CAGR/Mean DD16.57

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: PJAN Innovator SP500 Power

The Innovator S&P 500 Power Buffer ETF (PJAN) is a non-diversified fund designed to provide exposure to the SPDR S&P 500 ETF Trust. Under Rule 35d-1, the fund maintains a policy of investing at least 80% of its net assets in instruments tracking this underlying index. As a Defined Outcome ETF, the fund utilizes FLEX options to target specific returns while providing a buffer against market losses over a one-year period.

The business model relies on a structured outcome strategy, which seeks to mitigate downside risk in exchange for a cap on potential upside gains. This sector of the ETF market has grown as investors seek ways to participate in equity markets while managing volatility through derivative-based protection. For a more detailed breakdown of these risk-mitigation layers, you can review the technical data on ValueRay.

Headlines to Watch Out For
  • S&P 500 price action dictates underlying asset performance
  • Options pricing volatility impacts buffer effectiveness and premium costs
  • Federal Reserve interest rate policy influences risk-free rate and cap levels
  • Investor demand for downside protection drives fund inflows and liquidity
What is the price of PJAN shares?

As of June 07, 2026, the stock is trading at USD 49.15 with a total of 30,340 shares traded.
Over the past week, the price has changed by -0.69%, over one month by +1.05%, over three months by +4.35% and over the past year by +14.49%.

Is PJAN a buy, sell or hold?

Innovator SP500 Power has no consensus analysts rating.