- ISIN
- US45783Y5419
- Issuer
- Innovator
- Inception Date
- Jul 17, 2023
- Category
- Options Trading
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $136M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TJUL Performance Chart
Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) is up 2.1% since the beginning of the year. TJUL is currently trading at $30 per share.
Loading charts...
Returns By Period
Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) has returned 2.07% so far this year and 5.54% over the past 12 months.
Innovator Equity Defined Protection ETF – 2 Yr to July 2025
- 1D
- -0.05%
- 1M
- 0.10%
- YTD
- 2.07%
- 6M
- 2.08%
- 1Y
- 5.54%
- 3Y*
- —
- 5Y*
- —
- 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%
TJUL Monthly Returns History
Based on dividend-adjusted daily data since Jul 18, 2023, TJUL's average daily return is +0.03%, while the average monthly return is +0.54%. At this rate, an investment would double in approximately 10.7 years.
Historically, 75% of months were positive and 25% were negative. The best month was Nov 2023 with a return of +3.7%, while the worst month was Sep 2023 at -1.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, TJUL closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +3.2%, while the worst single day was Apr 4, 2025 at -2.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.37% | 0.13% | -1.27% | 2.31% | 0.63% | -0.09% | 2.07% | ||||||
| 2025 | 0.94% | 0.23% | -0.12% | -0.07% | 1.64% | 0.67% | 0.25% | 1.04% | 0.78% | 0.43% | 0.32% | 0.29% | 6.55% |
| 2024 | 0.53% | 1.09% | 0.86% | -1.01% | 1.75% | 1.06% | 0.79% | 1.12% | 0.53% | -0.11% | 1.20% | 0.11% | 8.18% |
| 2023 | 0.16% | -0.29% | -1.80% | -0.66% | 3.71% | 2.03% | 3.09% |
Benchmark Metrics
Innovator Equity Defined Protection ETF – 2 Yr to July 2025 has an annualized alpha of 2.35%, beta of 0.24, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since July 18, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (24.72%) than losses (16.37%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 2.35% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.24 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
- 2.35%
- Beta
- 0.24
- R²
- 0.72
- Upside Capture
- 24.72%
- Downside Capture
- 16.37%
Expense Ratio
TJUL has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TJUL ranks 62 for risk / return — better than 62% 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 Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) 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.
| TJUL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.78 | -0.11 |
| Martin ratioReturn relative to average drawdown | 12.29 | 12.44 | -0.15 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator Equity Defined Protection ETF – 2 Yr to July 2025. 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 Equity Defined Protection ETF – 2 Yr to July 2025 was 4.61%, occurring on Apr 8, 2025. Recovery took 21 trading sessions.
The current Innovator Equity Defined Protection ETF – 2 Yr to July 2025 drawdown is 0.13%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -4.61%Apr 2025 | 1mo 17d | 1mo | 2mo 17dFeb 2025 - May 2025 |
2023 pullback2023 | -3.09%Oct 2023 | 3mo 8d | 19d | 3mo 27dJul 2023 - Nov 2023 |
2026 pullback2026 | -2.08%Mar 2026 | 1mo 27d | 17d | 2mo 14dJan 2026 - Apr 2026 |
2024 pullback2024 | -1.59%Aug 2024 | 19d | 8d | 27dJul 2024 - Aug 2024 |
2024 pullback2024 | -1.28%Apr 2024 | 18d | 20d | 1mo 8dApr 2024 - May 2024 |
Drawdown Indicators
| TJUL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.61% | -56.78% | +52.17% |
Max Drawdown (1Y)Largest decline over 1 year | -2.08% | -9.10% | +7.02% |
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 | -0.13% | -1.80% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -10.71% | +10.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.45% | 2.03% | -1.58% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with TJUL
Add Innovator Equity Defined Protection ETF – 2 Yr to July 2025 to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TJUL