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Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul (JAJL)

Defined Outcome | Exchange Traded Fund | Cboe US
30.39 USD -0.03 (-0.085%) ⇩ (Oct. 16, 2026, 1:57 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 2:26 a.m. EDT

This instrument is a specialized defensive tool designed to cap losses during volatile periods, making it a compelling tactical hold for the coming months despite its lack of traditional investment attributes. The short-term outlook is strongly bullish due to the product's specific mandate: headlines indicate investors are actively seeking protection against high valuations, and the statistical forecast model shows a very high-confidence prediction of a 1% gain over the next 45 days. Technically, the price is trading near its 52-week high, suggesting the market is pricing in the maximum downside protection available, which aligns with the 'protect the downside' narrative. However, this is not a long-term wealth creation vehicle; the one-year price history shows only modest gains (+7%), and there is absolutely no dividend income to offset the cost of the protection strategy. Investors should view this strictly as a 6-month insurance policy rather than a core portfolio holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.003397
AutoETS0.003458
AutoARIMA0.003498
AutoTheta0.005857

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 86%
H-stat 0.12
Ljung-Box p 0.000
Jarque-Bera p 0.519
Excess Kurtosis -0.64
Attribute Value
Trailing P/E 23.89

Info Dump

Attribute Value
All Time High 30.55
All Time Low 25.97
Ask 30.37
Ask Size 600
Average Daily Volume10 Day 21,540
Average Daily Volume3 Month 41,507
Average Volume 41,507
Average Volume10Days 21,540
Beta3 Year 0.0
Bid 30.34
Bid Size 500
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.39
Day Low 30.33
Display Name Eq Defined Protection ETF - 6
Dividend Yield 0.0
Eps Trailing Twelve Months 1.2718277
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 30.27032
Fifty Day Average Change 0.1196785
Fifty Day Average Change Percent 0.003953658
Fifty Two Week Change Percent 6.056702
Fifty Two Week High 30.55
Fifty Two Week High Change -0.15999985
Fifty Two Week High Change Percent -0.005237311
Fifty Two Week Low 28.65
Fifty Two Week Low Change 1.7399998
Fifty Two Week Low Change Percent 0.060732976
Fifty Two Week Range 28.65 - 30.55
First Trade Date Milliseconds 1,719,840,600,000
Full Exchange Name Cboe US
Fullday Change -0.026000977
Fullday Change Percent -0.085484535
Fullday Price 30.39
Fund Family Innovator ETFs
Fund Inception Date 1,719,532,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in FLexible EXchange® Options (“FLEX Options”) that reference the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). The fund is non-diversified.
Long Name Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1886211617
Nav Price 30.3776
Net Assets 301,139,904.0
Net Expense Ratio 0.79
Open 30.5
Phone (215) 979-3750
Previous Close 30.416
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.026000977
Regular Market Change Percent -0.085484535
Regular Market Day High 30.39
Regular Market Day Low 30.33
Regular Market Day Range 30.33 - 30.39
Regular Market Open 30.5
Regular Market Previous Close 30.416
Regular Market Price 30.39
Regular Market Time 1,792,173,466
Regular Market Volume 24,828
Short Name Innovator Equity Defined Protec
Source Interval 15
Symbol JAJL
Total Assets 301,139,904
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 23.894745
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.20617
Trailing Three Month Returns 1.20617
Triggerable 1
Two Hundred Day Average 29.69004
Two Hundred Day Average Change 0.6999588
Two Hundred Day Average Change Percent 0.023575542
Type Disp ETF
Volume 24,828
Yield 0.0
Ytd Return 4.11466