Innovator Growth-100 Power Buffer ETF

Frequently Asked Questions About NJUL

What does NJUL invest in?

This ETF enables investors to gain exposure to the performance of the Invesco QQQ Trust (QQQ), with a built-in cap on potential gains. It simultaneously offers protection by absorbing the initial 15% of losses during each outcome period, before accounting for any fees or expenses. Designed for indefinite holding, the fund's cap and buffer reset annually, at the conclusion of each outcome period.

What is the expense ratio of NJUL?

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

How big is NJUL?

Innovator Growth-100 Power Buffer ETF (NJUL) manages $253.8M 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 NJUL actively managed or an index fund?

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

When was NJUL launched?

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

How has NJUL performed?

NJUL'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.