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Innovator Growth-100 Power Buffer ETF - January (N...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Innovator
Inception Date
Dec 31, 2019
Region
North America (U.S.)
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

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Innovator Growth-100 Power Buffer ETF - January, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Innovator Growth-100 Power Buffer ETF - January (NJAN) has returned -2.82% so far this year and 15.09% over the past 12 months.


Innovator Growth-100 Power Buffer ETF - January

1D
1.72%
1M
-2.59%
YTD
-2.82%
6M
0.34%
1Y
15.09%
3Y*
12.08%
5Y*
6.38%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 2, 2020, NJAN's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, your investment would double in approximately 9.7 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 57% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.66%-0.89%-2.59%-2.82%
20251.29%-0.92%-3.91%0.88%5.04%3.28%1.61%0.85%2.28%1.27%0.66%1.29%14.20%
20241.27%2.49%0.72%-1.76%3.59%2.25%-0.13%1.23%1.32%0.27%2.43%0.79%15.35%
20236.09%-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 0.14%, beta of 0.56, and R² of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 03, 2020.

  • This ETF participated in 51.71% of S&P 500 Index downside but only 44.90% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.56 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
0.14%
Beta
0.56
0.78
Upside Capture
44.90%
Downside Capture
51.71%

Expense Ratio

NJAN has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

NJAN ranks 73 for risk / return — better than 73% 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.


NJAN Risk / Return Rank: 7373
Overall Rank
NJAN Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
NJAN Sortino Ratio Rank: 7272
Sortino Ratio Rank
NJAN Omega Ratio Rank: 7979
Omega Ratio Rank
NJAN Calmar Ratio Rank: 6969
Calmar Ratio Rank
NJAN Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 a chosen benchmark (S&P 500 Index).


NJANBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.21

0.90

+0.32

Sortino ratio

Return per unit of downside risk

1.87

1.39

+0.48

Omega ratio

Gain probability vs. loss probability

1.31

1.21

+0.10

Calmar ratio

Return relative to maximum drawdown

1.81

1.40

+0.41

Martin ratio

Return relative to average drawdown

9.34

6.61

+2.73

Explore NJAN risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Innovator Growth-100 Power Buffer ETF - January doesn't pay dividends

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 4.29%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.7%Jan 4, 2022197Oct 14, 2022319Jan 24, 2024516
-15.96%Feb 20, 202020Mar 18, 202055Jun 5, 202075
-13.14%Feb 19, 202535Apr 8, 202538Jun 3, 202573
-5.9%Jan 29, 202642Mar 30, 2026
-5.22%Jul 11, 202418Aug 5, 202432Sep 19, 202450

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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