- Issuer
- Innovator
- Inception Date
- Dec 31, 2019
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ-100 Index
- Distribution Policy
- Accumulating
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $372M
Share Price Chart
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Performance
NJAN Performance Chart
Innovator Growth-100 Power Buffer ETF - January (NJAN) is up 7.2% since the beginning of the year. NJAN is currently trading at $59 per share. Investors who bought $1,000 worth of NJAN shares 5 years ago would now be looking at an investment worth $1,456.
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Returns By Period
Innovator Growth-100 Power Buffer ETF - January (NJAN) has returned 7.18% so far this year and 18.68% over the past 12 months.
Innovator Growth-100 Power Buffer ETF - January
- 1D
- -0.01%
- 1M
- 0.52%
- YTD
- 7.18%
- 6M
- 7.53%
- 1Y
- 18.68%
- 3Y*
- 13.94%
- 5Y*
- 7.81%
- 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%
NJAN Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2020, NJAN's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 73% of months were positive and 27% were negative. The best month was Jul 2022 with a return of +8.7%, while the worst month was Sep 2022 at -7.9%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.
On a daily basis, NJAN closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +7.2%, while the worst single day was Mar 16, 2020 at -6.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.66% | -0.89% | -2.59% | 7.33% | 2.99% | -0.21% | 7.18% | ||||||
| 2025 | 1.29% | -0.92% | -3.91% | 0.88% | 5.04% | 3.28% | 1.61% | 0.85% | 2.28% | 1.27% | 0.66% | 1.29% | 14.20% |
| 2024 | 1.27% | 2.49% | 0.72% | -1.76% | 3.59% | 2.25% | -0.13% | 1.23% | 1.32% | 0.27% | 2.43% | 0.79% | 15.35% |
| 2023 | 6.09% | -0.13% | 3.80% | 1.03% | 2.17% | 2.30% | 0.81% | 0.55% | 0.00% | 0.64% | 1.51% | 0.57% | 20.95% |
| 2022 | -4.28% | -2.53% | 2.55% | -7.64% | -0.22% | -5.76% | 8.66% | -2.61% | -7.86% | 3.26% | 4.62% | -7.36% | -18.92% |
| 2021 | -0.68% | 0.45% | 2.16% | 2.28% | 0.06% | 2.21% | 1.05% | 1.47% | -1.23% | 2.10% | 0.39% | 0.79% | 11.55% |
Benchmark Metrics
Innovator Growth-100 Power Buffer ETF - January has an annualized alpha of 0.45%, beta of 0.55, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.
- This ETF participated in 51.36% of S&P 500 Index downside but only 45.89% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.55 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
- 0.45%
- Beta
- 0.55
- R²
- 0.78
- Upside Capture
- 45.89%
- Downside Capture
- 51.36%
Expense Ratio
NJAN has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NJAN ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - January (NJAN) 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.
| NJAN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 2.78 | +0.40 |
| Martin ratioReturn relative to average drawdown | 15.05 | 12.44 | +2.61 |
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 Growth-100 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 Growth-100 Power Buffer ETF - January was 20.70%, occurring on Oct 14, 2022. Recovery took 319 trading sessions.
The current Innovator Growth-100 Power Buffer ETF - January drawdown is 0.30%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -20.70%Oct 2022 | 9mo 13d | 1y 3mo | 2y 20dJan 2022 - Jan 2024 |
COVID crash2020 | -15.96%Mar 2020 | 27d | 2mo 19d | 3mo 16dFeb 2020 - Jun 2020 |
2025 selloff2025 | -13.14%Apr 2025 | 1mo 18d | 1mo 26d | 3mo 14dFeb 2025 - Jun 2025 |
2026 pullback2026 | -5.90%Mar 2026 | 2mo | 15d | 2mo 15dJan 2026 - Apr 2026 |
2024 pullback2024 | -5.22%Aug 2024 | 25d | 1mo 15d | 2mo 10dJul 2024 - Sep 2024 |
Drawdown Indicators
| NJAN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.70% | -56.78% | +36.08% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -9.10% | +3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -13.14% | -18.90% | +5.76% |
Max Drawdown (5Y)Largest decline over 5 years | -20.70% | -25.43% | +4.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.30% | -1.80% | +1.50% |
Average DrawdownAverage peak-to-trough decline | -3.79% | -10.71% | +6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 2.03% | -0.79% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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