TJUL ETF Analysis: Dividends, Returns BOATS:TJUL

Analysis

Key stats

TJUL invests all of its assets in FLEX options. The option positions aim to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over a two-year period. The upside cap and hedge are reset every other year, at the beginning of July. Shareholders will not receive any dividends as the objective focuses on potential growth. The specific defined outcome pursued may only be possible if an investor were to hold the shares for the entire outcome period. However, there is no guarantee the defined outcome of the strategy pursued will be realized by investors. When factoring risks, potential gains, and all-in costs for such a strategy, TJUL is considered an alternative to more expensive fixed indexed annuities, market-linked CDs, holding near-term Treasury, or cash. For comparative purposes, investors need to double the funds stated expense ratio. Prior to July 1, 2025, the fund name was Innovator Equity Defined Protection ETF - 2 Yr to July 2025.

Classification

Returns

	1 month	3 months	Year to date	1 year	3 years	5 years
Price performance	—	—	—	—	—	—
NAV total return	—	—	—	—	—	—

What's in the fund

As of September 4, 2025

Exposure type

Rights & Warrants

Bonds, Cash & Other100.00%

Rights & Warrants99.88%

Cash0.12%

Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows

No, TJUL doesn't pay dividends to its holders.

TJUL shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Jul 18, 2023, and its management style is Active.

TJUL expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.

TJUL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

TJUL invests in cash.

Innovator Equity Defined Protection ETF - 2 Yr to July 2027