Innovator U.S. Equity Power Buffer ETF - January (PJAN)
PJAN is a passive ETF by Innovator tracking the investment results of the Cboe S&P 500 15% Buffer Protect January Series Index. PJAN launched on Jan 2, 2019 and has a 0.79% expense ratio.
ETF Info
US45782C5085
45782C508
Jan 2, 2019
North America (U.S.)
1x
Cboe S&P 500 15% Buffer Protect January Series Index
Large-Cap
Expense Ratio
PJAN has an expense ratio of 0.79%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Innovator U.S. Equity Power Buffer ETF - January (PJAN) returned 1.78% year-to-date (YTD) and 8.61% over the past 12 months.
PJAN
1.78%
7.21%
2.80%
8.61%
12.39%
9.42%
N/A
^GSPC (Benchmark)
1.00%
12.45%
0.40%
11.91%
15.05%
15.04%
10.82%
Monthly Returns
The table below presents the monthly returns of PJAN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.42% | -0.47% | -2.77% | -0.36% | 4.07% | 1.78% | |||||||
| 2024 | 1.21% | 2.33% | 1.40% | -1.25% | 2.64% | 1.49% | 0.67% | 1.28% | 0.74% | 0.25% | 1.43% | 0.56% | 13.45% |
| 2023 | 4.35% | -1.22% | 2.25% | 1.26% | 0.59% | 3.78% | 1.34% | 0.25% | -2.45% | -1.68% | 7.16% | 1.58% | 18.18% |
| 2022 | -2.46% | -1.54% | 1.94% | -4.85% | 0.90% | -3.97% | 4.80% | -1.46% | -5.10% | 5.78% | 3.89% | -2.57% | -5.29% |
| 2021 | -1.01% | 1.68% | 2.50% | 1.43% | 0.72% | 0.66% | 0.39% | 0.80% | -0.54% | 1.34% | 0.05% | 0.50% | 8.80% |
| 2020 | 0.06% | -4.93% | -7.24% | 7.30% | 3.16% | 0.94% | 2.93% | 2.12% | -0.37% | -1.26% | 4.35% | 1.22% | 7.68% |
| 2019 | 3.97% | 1.72% | 0.82% | 1.53% | -2.05% | 2.73% | 0.45% | -0.46% | 0.92% | 1.12% | 0.66% | 0.42% | 12.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, PJAN is among the top 22% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - January (PJAN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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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 U.S. Equity 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 U.S. Equity Power Buffer ETF - January was 21.25%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current Innovator U.S. Equity Power Buffer ETF - January drawdown is 0.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.25% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -11.93% | Jan 5, 2022 | 194 | Oct 12, 2022 | 125 | Apr 13, 2023 | 319 |
| -10.49% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -5.51% | Sep 15, 2023 | 31 | Oct 27, 2023 | 11 | Nov 13, 2023 | 42 |
| -3.34% | Jul 17, 2024 | 14 | Aug 5, 2024 | 9 | Aug 16, 2024 | 23 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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