- Issuer
- Innovator
- Inception Date
- Dec 29, 2023
- Category
- Options Trading
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
Highlights
- Avg. Volume (1M)
- 2K
- Avg. Volume Value (1M)
- $40.33K
Share Price Chart
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Performance
LJAN Performance Chart
Innovator Premium Income 15 Buffer ETF - January (LJAN) is up 3.5% since the beginning of the year. LJAN is currently trading at $25 per share.
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Returns By Period
Innovator Premium Income 15 Buffer ETF - January (LJAN) has returned 3.46% so far this year and 5.60% over the past 12 months.
Innovator Premium Income 15 Buffer ETF - January
- 1D
- 0.25%
- 1M
- 0.51%
- 6M
- 3.11%
- YTD
- 3.46%
- 1Y
- 5.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.76%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
LJAN Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2024, LJAN's average daily return is +0.02%, while the average monthly return is +0.47%. At this rate, an investment would double in approximately 12.3 years.
Historically, 90% of months were positive and 10% were negative. The best month was Apr 2026 with a return of +2.1%, while the worst month was Mar 2026 at -0.8%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 2 months.
On a daily basis, LJAN closed higher 61% of trading days. The best single day was Apr 9, 2025 with a return of +3.5%, while the worst single day was Apr 4, 2025 at -2.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.34% | 0.12% | -0.82% | 2.14% | 0.77% | 0.30% | 0.57% | 3.46% | |||||
| 2025 | 0.77% | 0.14% | -0.34% | -0.32% | 1.58% | 0.92% | 0.42% | 0.71% | 0.50% | 0.34% | 0.36% | 0.14% | 5.34% |
| 2024 | 0.79% | 0.63% | 0.55% | 0.17% | 0.68% | 0.46% | 0.51% | 0.46% | 0.46% | 0.38% | 0.45% | 0.30% | 6.00% |
Benchmark Metrics
Innovator Premium Income 15 Buffer ETF - January has an annualized alpha of 2.00%, beta of 0.20, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since January 02, 2024.
- This ETF captured 16.98% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.21%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.20 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
- 2.00%
- Beta
- 0.20
- R²
- 0.62
- Upside Capture
- 16.98%
- Downside Capture
- -3.21%
Expense Ratio
LJAN has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
LJAN ranks 91 for risk / return — above 91% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Innovator Premium Income 15 Buffer ETF - January (LJAN) 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.
| LJAN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.25 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 2.00 | +1.06 |
| Martin ratioReturn relative to average drawdown | 18.42 | 8.49 | +9.93 |
Dividends
Dividend History
Innovator Premium Income 15 Buffer ETF - January provided a 4.94% dividend yield over the last twelve months, with an annual payout of $1.22 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $1.22 | $1.25 | $1.37 |
Dividend yield | 4.94% | 5.08% | 5.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Innovator Premium Income 15 Buffer ETF - January. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.70 | |||||
| 2025 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.25 |
| 2024 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.37 |
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 Premium Income 15 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 Premium Income 15 Buffer ETF - January was 4.83%, occurring on Apr 8, 2025. Recovery took 23 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-4.83%Apr 2025 | 13d | 1mo 4d | 1mo 17dMar 2025 - May 2025 | 2025 selloff2025 |
-1.83%Mar 2026 | 1mo 2d | 9d | 1mo 11dFeb 2026 - Apr 2026 | — |
-1.21%Mar 2025 | 20d | 11d | 1mo 1dFeb 2025 - Mar 2025 | 2025 selloff2025 |
-1.01%Aug 2024 | 4d | 8d | 12dAug 2024 - Aug 2024 | — |
-0.43%May 2025 | 7d | 4d | 11dMay 2025 - May 2025 | 2025 selloff2025 |
Drawdown Indicators
| LJAN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.83% | -56.78% | +51.95% |
Max Drawdown (1Y)Largest decline over 1 year | -1.83% | -9.10% | +7.27% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -0.17% | -10.70% | +10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | 2.14% | -1.84% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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