NJAN ISSUER
The Innovator Growth-100 Power Buffer ETF (NJAN) is managed by Innovator Capital Management LLC. NJAN is an innovative exchange-traded fund that seeks to provide investors with exposure to the performance of the Invesco QQQ TrustSM, Series 1 (the Underlying ETF) while offering downside protection through a unique options strategy. Innovator Capital Management LLC specializes in designing and managing defined outcome ETFs that aim to deliver specific investment outcomes within a defined period. NJAN's strategy involves the use of FLEX Options on the Underlying ETF, providing investors with a customizable and flexible approach to managing their investment risk. This ETF is suitable for investors seeking a balance between growth potential and downside protection in their portfolio.
NJAN DIVIDEND
The NJAN Dividend reflects the distribution of dividends within the innovative Janus Henderson ETF (NJAN). While NJAN primarily focuses on delivering long-term capital growth, its dividend distribution is influenced by the underlying index's constituent companies. Typically, dividends are distributed on a quarterly basis in accordance with the dividend policies and performances of these constituent companies. As NJAN emphasizes exposure to innovative and disruptive industries, investors may expect potential dividend returns alongside opportunities for capital appreciation.
NJAN TRACKING
Tracking the Invesco QQQ TrustSM, Series 1, is the primary objective of the Innovator Growth-100 Power Buffer ETF. This ETF invests at least 80% of its net assets in Flexible Exchange Options (FLEX Options) linked to the Invesco QQQ Trust. FLEX Options are customizable option contracts, guaranteed for settlement by the Options Clearing Corporation (OCC), which allow the ETF to create a strategy aimed at delivering specific outcomes based on the performance of the Invesco QQQ Trust. By utilizing FLEX Options, the Innovator Growth-100 Power Buffer ETF seeks to offer investors a unique approach to align their returns with the performance of the Nasdaq-100 Index, comprising 100 of the largest non-financial companies listed on the Nasdaq Stock Market. Investors can expect returns that are distinct from traditional investment vehicles, with the ETF focusing on delivering capped returns while providing a buffer against losses. It's important for investors to understand the ETF's distinct characteristics before considering an investment.
NJAN CORRELATION
The correlation aspect of the Innovator Growth-100 Power Buffer ETF (NJAN) is vital for understanding its behavior in relation to the Invesco QQQ TrustSM, Series 1 (the Underlying ETF). Since NJAN primarily invests in FLEX Options referencing the Underlying ETF, its correlation with the performance of the Nasdaq-100 Index, represented by the Underlying ETF, is expected to be significant. This correlation is essential for investors looking to hedge their positions, diversify their portfolios, or manage risk effectively.
NJAN SECTOR
The Innovator Growth-100 Power Buffer ETF (NJAN) primarily focuses on the technology sector. This ETF invests in FLEX Options that reference the Invesco QQQ TrustSM, Series 1, which tracks the NASDAQ-100 Index comprising major industry groups, including computer hardware and software, telecommunications, retail/wholesale trade, and biotechnologies. NJAN offers investors the opportunity to participate in the growth potential of cutting-edge industries while seeking to limit downside losses through its unique options-based strategy. However, it's important to note that this strategy comes with a capped potential upside return, and investors must understand its characteristics before investing.
NJAN EXPOSURE
The Innovator Growth-100 Power Buffer ETF (NJAN) primarily invests at least 80% of its net assets in Flexible Exchange® Options (FLEX Options) linked to the performance of the Invesco QQQ TrustSM, Series 1 (the Underlying ETF). These FLEX Options are customizable, exchange-traded contracts that offer a unique approach to options trading. While the Fund's exposure is tied to the performance of the Underlying ETF, it focuses on providing investors with specific outcomes based on the Underlying ETF's share price movements over one-year periods. The Underlying ETF tracks the NASDAQ-100 Index, which comprises major companies in sectors such as technology, telecommunications, retail/wholesale trade, and biotechnology, excluding financial companies. NJAN's strategy involves using FLEX Options to provide potential upside returns, limit downside losses, and create a buffer against the first 15% of Underlying ETF losses during the Outcome Period. For more comprehensive insights into NJAN's exposure and outcomes, ETF Insider's web app offers detailed information and visualizations, helping investors analyze correlations and overlaps in the Fund's strategy.
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