Innovator Double Stacker ETF - January

Frequently Asked Questions About DSJA

What does DSJA invest in?

The fund will invest substantially all of its assets in a portfolio of FLexible EXchange® Options (FLEX Options) that reference both the SPDR® S&P 500® ETF Trust (S&P 500 ETF) and the Invesco QQQ TrustSM, Series 1. In general, an option contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a specified future date at an agreed upon price. FLEX Options are exchange-traded options contracts with uniquely customizable terms. The fund is non-diversified.

What is the expense ratio of DSJA?

Innovator Double Stacker ETF - January (DSJA) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DSJA?

Innovator Double Stacker ETF - January (DSJA) manages $2.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DSJA actively managed or an index fund?

DSJA is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DSJA's is 0.79%) because there's no security selection cost.

When was DSJA launched?

Innovator Double Stacker ETF - January (DSJA) launched in January 2021 and is managed by Innovator.

How has DSJA performed?

DSJA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.