TJUL
Innovator Equity Defined Protection ETF - 2 Yr to July 2027
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 2 Yr to July 2027 (TJUL) seeks to provide investors with exposure to the crypto market while aiming to limit downside risk over a defined two-year period.
Overview
ETF tracking Innovator Equity Defined Protection ETF - 2 Yr to July 2027
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 2 Yr to July 2027 (TJUL) seeks to provide investors with exposure to the crypto market while aiming to limit downside risk over a defined two-year period.
🎯 Investment Strategy
TJUL uses a defined outcome strategy, seeking to provide upside participation in the crypto market up to a cap, while providing a buffer against the first 10-15% of losses. The fund resets its parameters annually in July, providing a new two-year outcome period.
✨ Key Features
- Defined outcome strategy with upside participation and downside buffer
- Resets parameters annually in July for a new two-year outcome period
- Exposure to the crypto market through an ETF structure
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk - the fund's returns are tied to the performance of the crypto market, which can be volatile
- Capped upside potential - the fund's returns are capped, limiting the upside participation
- Reset risk - the fund's parameters are reset annually, which may result in different outcomes for investors
- Liquidity risk - as a new fund with low assets, trading volume may be limited
👤 Best For
TJUL may be suitable for investors seeking crypto market exposure with defined downside protection, who have a medium-term investment horizon and are comfortable with the fund's capped upside potential and reset risk.