Innovator U.S. Equity Buffer ETF
BJAN
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Jan 3, 2019
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator U.S. Equity Buffer ETF - January (BJAN) is an exchange-traded fund that seeks to provide specific buffered investment outcomes based on the price return of the S&P 500 Index, subject to a limit on potential investment gains, over an annual outcome period from January to January. The fund employs a data-driven options strategy using FLEX Options to offer three core features: defined downside buffer (typically 9%, 15%, or 30% depending on the series), capped upside participation aligned with market conditions, and daily transparency with intraday indicative values; it issues shares through authorized participants in large blocks known as creation units. BJAN operates within the defined-outcome ETF segment of the asset management industry, targeting retail and institutional investors seeking equity exposure with risk mitigation tools such as buffer protection against market declines. Launched in January 2019 by Innovator ETFs, issuer of the broader Buffer ETF suite including monthly series like PJAN, MJAN, and annual variants, with headquarters in Chicago, Illinois; the fund trades on the Cboe BZX Exchange and maintains global investor accessibility through major broker-dealers. Recent developments include Innovator's expansion of its Defined Outcome ETF franchise with new Power Buffer products in 2024 offering enhanced buffers up to 40% alongside moderate caps, alongside a strategic partnership with sub-adviser Milliman Financial Risk Management LLC to optimize options structuring amid rising interest rates; in late 2025, the firm announced integration of ESG-screened variants across select buffer funds to address growing demand for sustainable outcomes, while navigating AUM growth exceeding $10 billion across the suite following strong inflows during market volatility.