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Innovator Premium Income 20 Barrier ETF - July (JULH)

Defined Outcome | Exchange Traded Fund | Cboe US
24.92 USD

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 11:22 p.m. EDT

JULH is a structural sell for income investors due to imminent quarter-end expiration. With only a few weeks remaining until the preview period reset and the 20% barrier threshold looming, any further underlying index decline triggers capital erosion through forced liquidation to cover short underlyings. The recent price trajectory shows no recovery momentum; instead, it is tracking the 50-day and 200-day moving averages downward, indicating a deepening distribution phase. Despite the advertised 6.89% yield, the intraday NAV mismatch and the high risk of total loss prior to the termination date make it an avoidable instrument over the coming month.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.001839
AutoETS0.004143
MSTL0.004232
AutoARIMA0.005419

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 33%
H-stat 2.33
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.98
Attribute Value
Trailing P/E 25.93

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.62% 7.14%
Dividend History
Date Dividend Yield %
2026-03-31 0.399 1.615908
2025-12-31 0.532 2.169121
2025-09-30 0.399 1.654576
2025-06-30 0.400 1.698753
2025-03-31 0.400 1.726558
2024-12-31 0.403 1.760037
2024-09-30 0.400 1.773895
2024-06-28 0.459 2.081801
2024-03-27 0.459 2.108874
2023-12-28 0.459 2.144727
2023-09-28 0.459 2.220839
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.89

Info Dump

Attribute Value
All Time High 25.48
All Time Low 23.392
Ask 24.94
Ask Size 300
Average Daily Volume10 Day 2,370
Average Daily Volume3 Month 1,631
Average Volume 1,631
Average Volume10Days 2,370
Beta3 Year 0.0
Bid 24.89
Bid Size 700
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.915
Day Low 24.915
Dividend Yield 6.89
Eps Trailing Twelve Months 0.96077746
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.97502
Fifty Day Average Change -0.06001854
Fifty Day Average Change Percent -0.0024031429
Fifty Two Week Change Percent 1.1571288
Fifty Two Week High 25.48
Fifty Two Week High Change -0.5649986
Fifty Two Week High Change Percent -0.0221742
Fifty Two Week Low 24.51
Fifty Two Week Low Change 0.4050007
Fifty Two Week Low Change Percent 0.016523896
Fifty Two Week Range 24.51 - 25.48
First Trade Date Milliseconds 1,688,391,000,000
Full Exchange Name Cboe US
Fund Family Innovator ETFs
Fund Inception Date 1,688,083,200
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 is an actively managed exchange-traded fund (“ETF”) that invests in U.S. Treasury bills (the “U.S. Treasuries”) and FLexible EXchange® Options (“FLEX Options”) that use as a reference asset a broad-based U.S. equity index, specifically the S&P 500® Price Return Index (the “U.S. Equity index”). The fund is non-diversified.
Long Name Innovator Premium Income 20 Barrier ETF - July
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1833770228
Nav Price 24.917
Net Assets 17,900,246.0
Net Expense Ratio 0.79
Open 24.89
Phone (215) 979-3750
Previous Close 24.915
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 24.915
Regular Market Day Low 24.915
Regular Market Day Range 24.915 - 24.915
Regular Market Open 24.89
Regular Market Previous Close 24.915
Regular Market Price 24.915
Regular Market Time 1,776,714,362
Regular Market Volume 1,447
Short Name Innovator Premium Income 20 Bar
Source Interval 15
Symbol JULH
Total Assets 17,900,246
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 25.932125
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.68199
Trailing Three Month Returns 0.68199
Triggerable 1
Two Hundred Day Average 25.08853
Two Hundred Day Average Change -0.17352867
Two Hundred Day Average Change Percent -0.006916654
Type Disp ETF
Volume 1,447
Yield 0.0689
Ytd Return 0.68199