UJUN

Innovator U.S. Equity Ultra Buffer ETF - June

$36.83
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) seeks to provide exposure to the U.S. equity market with a built-in buffer against losses of up to 30% over a one-year period.

Overview

ETF tracking Innovator U.S. Equity Ultra Buffer ETF - June

Category Leveraged
Issuer Other
Inception Date 2019-06-03
Market Cap $145.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $30.77 - $37.01
VWAP $36.85

Performance

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Investment Summary

📎 Investment Objective

The Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) seeks to provide exposure to the U.S. equity market with a built-in buffer against losses of up to 30% over a one-year period.

🎯 Investment Strategy

UJUN uses an options-based strategy to provide this buffer. The fund holds a portfolio of U.S. equity securities and also purchases and sells call and put options on those securities to create the desired level of downside protection.

✨ Key Features

  • Provides a 30% buffer against losses over a one-year period
  • Utilizes an options-based strategy to achieve the buffer
  • Resets the buffer on an annual basis in June
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk - the fund's performance is tied to the U.S. equity market and will fluctuate with market movements
  • Options risk - the use of options introduces additional risks related to the pricing and behavior of the options market
  • Liquidity risk - the fund may have difficulty trading certain options positions, especially in volatile markets
  • Reset risk - the buffer resets annually, so investors may not be protected against losses exceeding 30% in the interim

👤 Best For

UJUN may be suitable for investors seeking U.S. equity exposure with some downside protection, who have a medium-term investment horizon and can tolerate the risks associated with an options-based strategy.