Innovator 20+ Year Treasury Bond Buffer ETF – July (TBJL)Defined Outcome | Exchange Traded Fund | Cboe US
19.91 USD
+0.04
(0.201%)
⇧
(April 17, 2026, 2:41 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 10:23 p.m. EDT
TBJL shows entrenched mean-reversion behavior with no directional edge; the buffer ETF structure locks short-term upside while delivering zero returns for buy-and-hold investors, making the short-term model neutral and the long-term instrument a stale capital trap. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.008038 |
| MSTL | 0.008298 |
| AutoETS | 0.008683 |
| AutoARIMA | 0.008684 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.09 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.067 |
| Excess Kurtosis | -1.22 |
| Attribute | Value |
|---|---|
| All Time High | 25.17 |
| All Time Low | 17.54 |
| Ask | 22.83 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 13,150 |
| Average Daily Volume3 Month | 5,282 |
| Average Volume | 5,282 |
| Average Volume10Days | 13,150 |
| Beta3 Year | 0.51 |
| Bid | 16.83 |
| Bid Size | 400 |
| Category | Defined Outcome |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.93 |
| Day Low | 19.905 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.02764 |
| Fifty Day Average Change | -0.1226387 |
| Fifty Day Average Change Percent | -0.0061234725 |
| Fifty Two Week Change Percent | 1.4009118 |
| Fifty Two Week High | 20.59 |
| Fifty Two Week High Change | -0.68499947 |
| Fifty Two Week High Change Percent | -0.033268552 |
| Fifty Two Week Low | 19.22 |
| Fifty Two Week Low Change | 0.6850014 |
| Fifty Two Week Low Change Percent | 0.03564003 |
| Fifty Two Week Range | 19.22 - 20.59 |
| First Trade Date Milliseconds | 1,598,880,600,000 |
| Five Year Average Return | -0.029029801 |
| Full Exchange Name | Cboe US |
| Fund Family | Innovator ETFs |
| Fund Inception Date | 1,597,622,400 |
| 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 investments that provide exposure to the iShares 20+ Year Treasury Bond ETF. The fund will invest substantially all of its assets in FLexible EXchange® Options (“FLEX Options”) on the Underlying ETF. It is non-diversified. |
| Long Name | Innovator 20+ Year Treasury Bond Buffer ETF – July |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_671897680 |
| Nav Price | 19.9156 |
| Net Assets | 22,867,500.0 |
| Net Expense Ratio | 0.79 |
| Open | 19.93 |
| Phone | (215) 979-3750 |
| Previous Close | 19.865 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0400009 |
| Regular Market Change Percent | 0.201364 |
| Regular Market Day High | 19.93 |
| Regular Market Day Low | 19.905 |
| Regular Market Day Range | 19.905 - 19.93 |
| Regular Market Open | 19.93 |
| Regular Market Previous Close | 19.865 |
| Regular Market Price | 19.905 |
| Regular Market Time | 1,776,451,294 |
| Regular Market Volume | 1,823 |
| Short Name | Innovator 20 Year Treasury Bon |
| Source Interval | 15 |
| Symbol | TBJL |
| Three Year Average Return | -0.0085562 |
| Total Assets | 22,867,500 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -0.28283 |
| Trailing Three Month Returns | -0.28283 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.979475 |
| Two Hundred Day Average Change | -0.074474335 |
| Two Hundred Day Average Change Percent | -0.0037275422 |
| Type Disp | ETF |
| Volume | 1,823 |
| Yield | 0.0 |
| Ytd Return | -0.28283 |