- ISIN
- US45782C8394
- CUSIP
- 45782C839
- Issuer
- Innovator
- Inception Date
- Aug 7, 2018
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $142M
Share Price Chart
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Performance
UJUL Performance Chart
Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) is up 4.9% since the beginning of the year. UJUL is currently trading at $41 per share. Investors who bought $1,000 worth of UJUL shares 5 years ago would now be looking at an investment worth $1,515.
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Returns By Period
Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) has returned 4.86% so far this year and 15.02% over the past 12 months.
Innovator U.S. Equity Ultra Buffer ETF - July
- 1D
- 0.15%
- 1M
- 0.57%
- YTD
- 4.86%
- 6M
- 4.84%
- 1Y
- 15.02%
- 3Y*
- 12.38%
- 5Y*
- 8.66%
- 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%
UJUL Monthly Returns History
Based on dividend-adjusted daily data since Aug 8, 2018, UJUL's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +5.8%, while the worst month was May 2019 at -5.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, UJUL closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +4.8%, while the worst single day was Mar 16, 2020 at -5.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.73% | 0.30% | -2.18% | 4.47% | 1.24% | 0.32% | 4.86% | ||||||
| 2025 | 1.74% | -0.52% | -3.96% | -0.56% | 5.03% | 5.06% | 0.92% | 1.19% | 1.43% | 0.69% | 0.31% | 0.68% | 12.34% |
| 2024 | 1.29% | 2.44% | 1.37% | -0.67% | 2.19% | 0.59% | 1.05% | 1.70% | 1.40% | -0.21% | 3.00% | -1.03% | 13.84% |
| 2023 | 3.72% | -1.25% | 2.51% | 1.72% | 0.75% | 3.93% | 1.67% | -0.73% | -2.87% | -1.13% | 5.41% | 2.99% | 17.65% |
| 2022 | -1.12% | -1.03% | 1.59% | -4.01% | -0.80% | -3.34% | 3.79% | -1.67% | -4.11% | 3.37% | 2.83% | -2.25% | -6.96% |
| 2021 | -0.61% | 0.77% | 1.06% | 0.15% | 0.37% | 0.07% | 0.52% | 0.61% | -1.25% | 1.96% | -0.29% | 1.21% | 4.61% |
Benchmark Metrics
Innovator U.S. Equity Ultra Buffer ETF - July has an annualized alpha of 1.46%, beta of 0.41, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since August 08, 2018.
- This ETF participated in 47.24% of S&P 500 Index downside but only 41.28% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.41 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
- 1.46%
- Beta
- 0.41
- R²
- 0.82
- Upside Capture
- 41.28%
- Downside Capture
- 47.24%
Expense Ratio
UJUL has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
UJUL ranks 89 for risk / return — in the top 89% 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 U.S. Equity Ultra Buffer ETF - July (UJUL) 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.
| UJUL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.37 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 2.78 | +1.01 |
| Martin ratioReturn relative to average drawdown | 21.98 | 12.44 | +9.54 |
Dividends
Dividend History
Innovator U.S. Equity Ultra Buffer ETF - July provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Innovator U.S. Equity Ultra Buffer ETF - July. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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 Ultra Buffer ETF - July. 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 Ultra Buffer ETF - July was 14.11%, occurring on Mar 20, 2020. Recovery took 54 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -14.11%Mar 2020 | 29d | 2mo 20d | 3mo 19dFeb 2020 - Jun 2020 |
2025 selloff2025 | -11.38%Apr 2025 | 1mo 17d | 1mo 29d | 3mo 16dFeb 2025 - Jun 2025 |
Bear market2022 | -10.73%Oct 2022 | 6mo 16d | 7mo 8d | 1y 1moMar 2022 - May 2023 |
Rate-hike selloffLate 2018 | -7.86%Dec 2018 | 3mo 28d | 4mo | 7mo 28dAug 2018 - Apr 2019 |
2019 pullback2019 | -5.81%Jun 2019 | 1mo 4d | 17d | 1mo 21dApr 2019 - Jun 2019 |
Drawdown Indicators
| UJUL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.11% | -56.78% | +42.67% |
Max Drawdown (1Y)Largest decline over 1 year | -3.98% | -9.10% | +5.12% |
Max Drawdown (3Y)Largest decline over 3 years | -11.38% | -18.90% | +7.52% |
Max Drawdown (5Y)Largest decline over 5 years | -11.38% | -25.43% | +14.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -1.85% | -10.71% | +8.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 2.03% | -1.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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