- Issuer
- Innovator
- Inception Date
- Jan 1, 2020
- Region
- Emerging Markets (Broad)
- Category
- Volatility Hedged Equity
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Emerging Markets Index
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $157M
Share Price Chart
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Performance
EJAN Performance Chart
Innovator Emerging Markets Power Buffer ETF January (EJAN) is up 7.0% since the beginning of the year. EJAN is currently trading at $36 per share. Investors who bought $1,000 worth of EJAN shares 5 years ago would now be looking at an investment worth $1,171.
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Returns By Period
Innovator Emerging Markets Power Buffer ETF January (EJAN) has returned 7.00% so far this year and 15.14% over the past 12 months.
Innovator Emerging Markets Power Buffer ETF January
- 1D
- 0.01%
- 1M
- 1.47%
- YTD
- 7.00%
- 6M
- 7.31%
- 1Y
- 15.14%
- 3Y*
- 8.66%
- 5Y*
- 3.21%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EJAN Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2020, EJAN's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2022 with a return of +12.7%, while the worst month was Mar 2020 at -10.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.
On a daily basis, EJAN closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +5.1%, while the worst single day was Mar 16, 2020 at -7.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.87% | 1.59% | -3.91% | 5.08% | 0.84% | 0.57% | 7.00% | ||||||
| 2025 | 1.02% | 0.57% | 1.10% | 0.17% | 2.25% | 3.45% | 0.70% | 1.45% | 1.46% | 0.46% | 0.57% | 0.72% | 14.78% |
| 2024 | -3.10% | 2.41% | 1.72% | 0.21% | 1.11% | 1.74% | 0.76% | 0.74% | 3.50% | -1.57% | -2.67% | -1.95% | 2.69% |
| 2023 | 6.29% | -5.05% | 2.66% | -0.80% | -1.59% | 3.12% | 4.55% | -5.48% | -2.36% | -1.83% | 3.42% | 3.13% | 5.37% |
| 2022 | -0.37% | -1.80% | -1.80% | -2.92% | 0.91% | -2.74% | 0.54% | 0.01% | -8.44% | -1.52% | 12.71% | -1.66% | -8.01% |
| 2021 | -0.63% | 0.60% | 0.90% | 0.96% | 1.02% | 0.47% | -2.90% | 1.03% | -1.78% | 0.24% | -1.40% | 0.03% | -1.53% |
Benchmark Metrics
Innovator Emerging Markets Power Buffer ETF January has an annualized alpha of -1.52%, beta of 0.45, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.
- This ETF participated in 54.57% of S&P 500 Index downside but only 36.60% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.45 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -1.52%
- Beta
- 0.45
- R²
- 0.53
- Upside Capture
- 36.60%
- Downside Capture
- 54.57%
Expense Ratio
EJAN has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EJAN ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator Emerging Markets Power Buffer ETF January (EJAN) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EJAN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 2.78 | -0.49 |
| Martin ratioReturn relative to average drawdown | 10.51 | 12.44 | -1.93 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator Emerging Markets Power Buffer ETF January. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator Emerging Markets Power Buffer ETF January was 22.23%, occurring on Mar 18, 2020. Recovery took 111 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -22.23%Mar 2020 | 2mo 4d | 5mo 10d | 7mo 14dJan 2020 - Aug 2020 |
Bear market2022 | -22.00%Oct 2022 | 1y 3mo | 1y 11mo | 3y 2moJun 2021 - Sep 2024 |
2025 selloff2025 | -11.75%Apr 2025 | 6mo 2d | 2mo 17d | 8mo 19dOct 2024 - Jun 2025 |
2026 pullback2026 | -6.63%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
2021 pullback2021 | -3.34%Mar 2021 | 19d | 2mo 21d | 3mo 10dFeb 2021 - May 2021 |
Drawdown Indicators
| EJAN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.23% | -56.78% | +34.55% |
Max Drawdown (1Y)Largest decline over 1 year | -6.63% | -9.10% | +2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -11.75% | -18.90% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.00% | -25.43% | +3.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -5.74% | -10.71% | +4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 2.03% | -0.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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