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Innovator U.S. Equity Ultra Buffer ETF - January (UJAN)

Defined Outcome | Exchange Traded Fund | Cboe US
46.78 USD

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 8:56 a.m. EDT

This instrument is a specialized buffer ETF designed for short-term defined-outcome strategies, making it unsuitable for traditional long-term holding. While the underlying equity index shows a robust six-year upward trajectory with five out of six years of positive returns, the fund itself offers no capital appreciation potential beyond its specific monthly buffer limits, which expire in January. Consequently, the long-term investment thesis is neutral; the vehicle is a tactical tool, not a wealth-building engine. Regarding the short term, the price action over the last two weeks is remarkably flat, hovering tightly around $46.50-$46.80, indicating a lack of immediate directional momentum despite the underlying market's strength. The statistical forecast model suggests a slight 1.23% upside bias with high confidence, but given the instrument's capped nature, this represents minimal incremental value rather than a breakout opportunity. Finally, there is absolutely no dividend history or payout mechanism associated with this structure, rendering any yield-based strategy impossible.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.006872
MSTL0.007510
AutoETS0.008012
AutoTheta0.011947

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 68%
H-stat 0.38
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.65
Attribute Value
Trailing P/E 24.39

Info Dump

Attribute Value
All Time High 46.84
All Time Low 23.69
Ask 0.0
Ask Size 600
Average Daily Volume10 Day 13,750
Average Daily Volume3 Month 39,641
Average Volume 39,641
Average Volume10Days 13,750
Beta3 Year 0.44
Bid 0.0
Bid Size 400
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 46.83
Day Low 46.7721
Display Name U.S. Eq Ultra Buffer ETF
Dividend Yield 0.0
Eps Trailing Twelve Months 1.918176
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 46.28816
Fifty Day Average Change 0.49184036
Fifty Day Average Change Percent 0.010625619
Fifty Two Week Change Percent 11.206198
Fifty Two Week High 46.84
Fifty Two Week High Change -0.060001373
Fifty Two Week High Change Percent -0.0012809858
Fifty Two Week Low 41.858
Fifty Two Week Low Change 4.921997
Fifty Two Week Low Change Percent 0.11758796
Fifty Two Week Range 41.858 - 46.84
First Trade Date Milliseconds 1,546,525,800,000
Five Year Average Return 0.0842241
Full Exchange Name Cboe US
Fullday Change 0.049900055
Fullday Change Percent 0.106669635
Fullday Price 46.78
Fund Family Innovator ETFs
Fund Inception Date 1,546,214,400
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 advisor has adopted a policy pursuant to Rule 35d-1 under the 1940 Act to invest, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the State Street® SPDR® S&P 500® ETF Trust. The fund is non-diversified.
Long Name Innovator U.S. Equity Ultra Buffer ETF - January
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_596823501
Nav Price 46.8165
Net Assets 254,083,968.0
Net Expense Ratio 0.79
Open 46.82
Phone (215) 979-3750
Previous Close 46.78
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 46.83
Regular Market Day Low 46.7721
Regular Market Day Range 46.7721 - 46.83
Regular Market Open 46.82
Regular Market Previous Close 46.78
Regular Market Price 46.78
Regular Market Time 1,791,921,600
Regular Market Volume 4,896
Short Name Innovator U.S. Equity Ultra Buf
Source Interval 15
Symbol UJAN
Three Year Average Return 0.1243136
Total Assets 254,083,968
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 24.38775
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.40387
Trailing Three Month Returns 2.40387
Triggerable 1
Two Hundred Day Average 44.68028
Two Hundred Day Average Change 2.09972
Two Hundred Day Average Change Percent 0.046994336
Type Disp ETF
Volume 4,896
Yield 0.0
Ytd Return 7.34616