U.S. Equity Accelerated ETF®

Frequently Asked Questions About XDJL

What does XDJL invest in?

The fund will invest at least 80% of its net assets in a portfolio of FLexible EXchange® Options (“FLEX Options”) that reference the SPDR® S&P 500® ETF Trust (the “Underlying ETF”), an exchange-traded fund registered under the Investment Company Act of 1940 (the “1940 Act”). The Underlying ETF seeks to track the investment results of the S&P 500 Index, a large-cap, market-weighted, U.S. equities index that tracks the performance of 500 leading companies in leading industries. It is non-diversified.

What is the expense ratio of XDJL?

U.S. Equity Accelerated ETF® (XDJL) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XDJL?

U.S. Equity Accelerated ETF® (XDJL) manages $4.7M 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 XDJL actively managed or an index fund?

XDJL 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 (XDJL's is 0.79%) because there's no security selection cost.

When was XDJL launched?

U.S. Equity Accelerated ETF® (XDJL) launched in June 2021 and is managed by Innovator.

How has XDJL performed?

XDJL'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.