TBJL ETF — Holdings & Analysis

Innovator 20+ Year Treasury Bond 9 Buffer ETF (TBJL), managed by Innovator, is a equity ETF. 0.79% expense ratio, $23M AUM, 6 holdings, inception 2020.

Innovator 20+ Year Treasury Bond 9 Buffer ETF (TBJL) ETF — Price, Holdings & Analysis

Innovator 20+ Year Treasury Bond 9 Buffer ETF (TBJL), managed by Innovator, is a equity ETF. 0.79% expense ratio, $23M AUM, 6 holdings, inception 2020.

ETF Overview

The Innovator 20+ Year Treasury Bond 9 Buffer ETF seeks to provide the upside performance of the price return of the iShares 20+ Year Treasury Bond ETF (TLT), to a cap, and a buffer against the first 9% of losses over the outcome period. Innovator 20+ Year Treasury Bond 9 Buffer ETF provides exposure to the equity market. The portfolio is concentrated with 6 holdings.

Risk Metrics

Innovator 20+ Year Treasury Bond 9 Buffer ETF holds only 6 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. Heavy allocation to Cash & Others (100.0%) means sector-specific downturns could disproportionately affect performance. A beta of 0.53 indicates lower volatility relative to the broader market. The 0.79% expense ratio is above average and will reduce net returns over time. With $23M in assets, the fund may face liquidity constraints and wider bid-ask spreads.

Expense Ratio

0.79%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Innovator U.S. Equity Accelerated 9 Buffer ETF (XBAP) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 10 Buffer ETF (DDTN) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 15 Buffer ETF (DDFN) (Equity) — 0.79% expense ratio
Innovator Emerging Markets Power Buffer ETF (EAPR) (Equity) — 0.89% expense ratio
Innovator Equity Dual Directional 10 Buffer ETF (DDTJ) (Equity) — 0.79% expense ratio
Innovator U.S. Equity Power Buffer ETF (PJAN) (Equity) — 0.79% expense ratio

Risk Metrics

Beta: 0.53

Questions & Answers

What is Innovator 20+ Year Treasury Bond 9 Buffer ETF (TBJL)?

over the outcome period. It holds 6 securities. With $23M in assets under management, it is a funds in its category.

What is the expense ratio for TBJL?

Innovator 20+ Year Treasury Bond 9 Buffer ETF has an expense ratio of 0.79%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $79.

Lower expense ratios generally lead to better long-term returns, all else being equal.

How long has TBJL been around?

Innovator 20+ Year Treasury Bond 9 Buffer ETF was launched in 2020, making it 6 years old. It has several years of operating history for investors to evaluate. It is managed by Innovator.

What is the current NAV of TBJL?

Innovator 20+ Year Treasury Bond 9 Buffer ETF has a net asset value (NAV) of approximately $19.89 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities.

Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.

Is TBJL a good investment?

Innovator 20+ Year Treasury Bond 9 Buffer ETF is a equity ETF with $23M in assets and 6 holdings.

Equity ETFs are subject to market risk and can experience significant short-term volatility, though they have historically provided strong long-term returns for patient investors. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.