BJAN ETF ANALYSIS

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BJAN ETF FUNDAMENTALS
BJAN ETF PERFORMANCE

BJAN ISSUER

The issuer of the Innovator S&P 500 Buffer ETF - January (BJAN) is committed to providing innovative investment solutions. BJAN is designed to offer investors a unique strategy, utilizing FLEX Options linked to the SPDR S&P 500 ETF Trust as its underlying asset. These FLEX Options are highly customizable, providing investors with a distinctive approach to manage risk and returns. The issuer's strategy aims to achieve specific outcomes by offering potential upside returns within a capped range while providing a buffer against the initial losses in the Underlying ETF. Investors should carefully consider these characteristics before investing in BJAN.

BJAN DIVIDEND

The BJAN Dividend, associated with the Innovator S&P 500 Buffer ETF - January (BJAN), provides investors with a unique dividend distribution experience. Unlike traditional dividend-focused ETFs, BJAN's primary objective is to provide investors with exposure to the S&P 500 while offering a defined buffer against downside losses. Dividend eligibility in BJAN is determined by the underlying index's constituent companies, with distributions typically occurring on a quarterly basis. The dividend amounts are influenced by the individual dividend policies and performances of these companies, making BJAN an attractive option for investors seeking both capital protection and potential dividend income.

BJAN TRACKING

Tracking the SPDR® S&P 500® ETF Trust is the primary objective of the Innovator S&P 500 Buffer ETF (BJAN). BJAN invests at least 80% of its net assets in Flexible Exchange® Options (FLEX Options) referencing the SPDR® S&P 500® ETF Trust, which seeks to mimic the performance of the S&P 500® Index. These FLEX Options are exchange-traded option contracts with customizable terms, providing investors with unique risk management features. BJAN's strategy is designed to offer investors exposure to the S&P 500® while implementing downside risk protection through a Buffer against the first 9% of index losses during a specified Outcome Period. The ETF aims to align its returns with the performance of the underlying S&P 500® ETF, up to a predetermined Cap, which is set at the beginning of each Outcome Period. While BJAN seeks to limit potential losses, it also has the potential to cap gains for investors in line with prevailing market conditions. This strategy is particularly appealing to investors seeking to participate in the potential growth of the S&P 500® while having a level of protection against market downturns. Please note that BJAN's returns are primarily determined by the performance of FLEX Options and may not directly correlate with the S&P 500® on a daily basis, making it a unique investment option with its distinct characteristics.

BJAN CORRELATION

The correlation aspect of the Innovator S&P 500 Buffer ETF - January (BJAN) is essential for investors looking to understand its unique strategy. BJAN primarily invests in flexible exchange options (FLEX Options) linked to the SPDR® S&P 500® ETF Trust. This means that its correlation with the S&P 500 Index is a crucial factor in determining its performance. While the correlation with the underlying ETF is expected to be strong, the fund's unique mechanics and investment strategy make its returns distinct from traditional ETFs. BJAN seeks to provide investors with returns that are buffered by up to 9% against potential losses in the S&P 500, making it a valuable tool for investors looking to manage risk while participating in the equity market.

BJAN SECTOR

The Innovator Defined Outcome ETF (BJAN) operates with a unique strategy that revolves around Flexible Exchange Options (FLEX Options) referencing the SPDR S&P 500 ETF Trust (the Underlying ETF). These FLEX Options offer a high degree of customization but also involve counterparty risk and potential liquidity challenges. BJAN's approach is designed to provide investors with predetermined outcomes, including a buffer against market losses and a capped upside potential. It aims to align with the performance of the Underlying ETF, specifically focusing on the S&P 500 Index's price return, making it particularly sensitive to movements in the information technology sector, which often plays a pivotal role in the S&P 500's performance.

BJAN EXPOSURE

While we do not have specific information about the exposure of the BJAN ETF, our tool ETF Insider can help you discover detailed exposure data for this ETF and others in the market. With its web app, you can access comprehensive information about the BJAN ETF's holdings, market focus, geographical regions, and sector allocations. ETF Insider's simple visualization tool enables you to easily identify overlaps, correlations, and other insights to make informed investment decisions. Explore BJAN's exposure in-depth to better understand its investment strategy and potential benefits within your portfolio.

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FREQUENTLY ASKED QUESTIONS

Can you explain the correlation of BJAN with the U.S. equity market?
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