Innovator ETFs Trust - Innovator International Developed Power Buffer ETF - July (IOCT)

Innovator International Developed Power Buffer ETF - July (PJUL)

Profile:

PJUL is an actively managed exchange-traded fund (ETF) that aims to provide investors with a buffer against potential losses in the international developed equity markets while offering the potential for moderate growth. It primarily focuses on developed markets outside the United States and invests in a portfolio of large-cap stocks.

Objective:

The primary investment goal of PJUL is to deliver a positive return regardless of whether the underlying market rises or falls. This is achieved through a combination of investment strategies, including options overlay and buffer protection.

Issuer:

PJUL is issued and managed by Innovator ETFs Trust, a leading provider of innovative ETF solutions.

Reputation and Reliability: Innovator ETFs Trust has a strong reputation for providing investors with unique and effective investment strategies. The firm has a proven track record of managing ETFs with various mandates, including buffer ETFs, actively managed ETFs, and thematic ETFs.

Management: The management team at Innovator ETFs Trust consists of experienced professionals with expertise in portfolio management, derivatives, and ETF structuring.

Market Share:

PJUL's market share in the buffer ETF space is relatively small, but it has gained increasing popularity since its inception.

Total Net Assets:

The total net assets under management for PJUL are currently around $10 million.

Moat:

Unique Strategy: PJUL's primary competitive advantage lies in its unique buffer strategy. This strategy aims to limit downside risk while offering the potential for positive returns.

Innovation: Innovator ETFs Trust is known for its innovative ETF solutions, and PJUL is a testament to their commitment to providing investors with new and effective ways to manage their portfolios.

Financial Performance:

Since its inception, PJUL has delivered positive returns, outperforming its benchmark index in some periods. However, it's important to remember that past performance is not indicative of future results.

Growth Trajectory:

The growth trajectory for buffer ETFs like PJUL is positive, as investors are increasingly seeking ways to protect their portfolios from market volatility.

Liquidity:

PJUL has an average daily trading volume of around 100,000 shares, indicating reasonable liquidity.

Market Dynamics:

PJUL's market environment is influenced by factors such as global economic growth, interest rate policies, and geopolitical events.

Competitors:

Key competitors in the buffer ETF space include:

• Global X S&P 500 Buffer ETF (BUF)
• Direxion Daily S&P 500 Bull 2x Shares (SPUU)
• ProShares UltraPro QQQ (TQQQ)

Expense Ratio:

PJUL's expense ratio is 0.95%.

Investment Approach and Strategy:

PJUL employs an active management strategy using options overlays to create a buffer against market downturns. The ETF invests primarily in large-cap stocks from developed markets outside the United States.

Key Points:

• Offers downside protection through a buffer strategy.
• Aims for moderate growth potential.
• Invests in international developed markets.
• Actively managed by Innovator ETFs Trust.

Risks:

• PJUL is subject to market risk, including potential losses in the underlying equity markets.
• The buffer strategy may not fully protect against significant market declines.
• Options overlays can introduce additional volatility.

Who Should Consider Investing:

PJUL is suitable for investors seeking downside protection and moderate growth potential from international developed markets. It may appeal to investors with a lower risk tolerance and those seeking diversification in their portfolios.

Fundamental Rating Based on AI: 7/10

PJUL's fundamental rating is based on an AI-based analysis of various factors, including financial health, market position, and future prospects. The rating of 7/10 indicates a solid overall profile with potential for growth.

Justification:

• PJUL's unique buffer strategy provides a competitive advantage in the market.
• The management team at Innovator ETFs Trust has a strong track record and expertise.
• The growth trajectory for buffer ETFs is positive.
• PJUL's liquidity is reasonable, and its expense ratio is competitive.

Disclaimer:

This information is intended for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.

Resources:

• Innovator ETFs Trust: https://www.innovatoretfs.com/
• PJUL Fact Sheet: https://www.innovatoretfs.com/resources/fact-sheet/innovator-international-developed-power-buffer-etf-july