Innovator Growth-100 Power Buffer ETF

Frequently Asked Questions About NJAN

What does NJAN invest in?

This Innovator Growth-100 Power Buffer ETF aims to replicate the performance of the Invesco QQQ Trust (QQQ), though its upside is limited by a predefined cap. It also provides investors with a buffer against the first 15% of losses experienced over its outcome period, prior to the deduction of fees and expenses. The fund can be held for any length of time, with its cap and buffer features resetting approximately every twelve months at the close of each outcome period.

What is the expense ratio of NJAN?

Innovator Growth-100 Power Buffer ETF (NJAN) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NJAN?

Innovator Growth-100 Power Buffer ETF (NJAN) manages $335.2M 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 NJAN actively managed or an index fund?

NJAN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NJAN launched?

Innovator Growth-100 Power Buffer ETF (NJAN) launched in January 2020 and is managed by Innovator.

How has NJAN performed?

NJAN'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.