Innovator MSCI Emerging Markets Power Buffer… (EJAN) Performance
EJAN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.2% since Dec 31, 2025
- 1 year
- +9.6% total return
- 5 years
- +3.8% a year
- Since first price
- +4.4% a year since 2020
EJAN trailing returns vs SPY, QQQ, AGG
| Period | EJAN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.7% | −1.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.5% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.6% | +3.6% | +7.8% | +8.4% | −1.5% |
| YTD | +8.2% | +8.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.6% | +9.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +35.7%+10.7%/yr | +35.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +20.5%+3.8%/yr | +20.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 2, 2020 | +34.4%+4.4%/yr | +34.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EJAN vs SPY
From Jan 2, 2020: EJAN grew to $13,441, SPY to $25,728.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EJAN returns by calendar year
3 of 5 full years positive. Best 2025 (+14.8%), worst 2022 (−8.0%). 2026 is year to date.
EJAN annual returns table
| Year | EJAN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.2% | −6.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.8% | −8.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.7% | −7.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.4% | −9.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −8.0% | −18.8% | −18.2% | −32.6% | −13.0% |
| 2021 | −1.5% | −5.6% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EJAN largest drawdowns
Now 2.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 13, 2020 | −22.2% | Mar 18, 2020 | Aug 25, 2020 | 2 months | 7 months |
| Jun 29, 2021 | −22.0% | Oct 24, 2022 | Sep 24, 2024 | 1.3 years | 3.2 years |
| Oct 7, 2024 | −11.7% | Apr 8, 2025 | Jun 24, 2025 | 6 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EJAN risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +10.7% | +4.4% | +5.4% |
| Volatility (annualized) | 6.8% | 10.6% | 11.1% |
| Sharpe ratio | 0.89 | 0.12 | 0.28 |
| Sortino ratio | 1.43 | 0.19 | 0.42 |
| Best month | +5.1% | +12.7% | +12.7% |
| Worst month | −3.9% | −8.4% | −10.4% |
| Best 12 months | +18.1% | +18.1% | +32.6% |
| Worst 12 months | +2.7% | −18.1% | −18.1% |
| Positive months | 81% | 65% | 66% |
| Beta vs S&P 500 | 0.32 | 0.41 | — |
| Correlation with S&P 500 | 0.59 | 0.60 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EJAN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 70 | −18.1% | +6.3% | +32.6% | 74% |
| 3-year (a year) | 46 | −2.4% | +3.4% | +10.8% | 74% |
| 5-year (a year) | 22 | +2.3% | +3.7% | +5.8% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
EJAN performance overview
Innovator MSCI Emerging Markets Power Buffer… (EJAN) returned +9.6% over the past year and +3.8% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +4.4% a year, turning $10,000 into about $13,441. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.2%, from Jan 13, 2020 to Mar 18, 2020, and it took 5 months to get back to the old high. EJAN finished 3 of its 5 full calendar years with a gain; the best year was 2025 (+14.8%) and the worst 2022 (−8.0%). Volatility has been 11.1% a year.
Related: EJAN chart. See the EJAN overview for the latest quote and fund facts.
EJAN performance FAQ
What is the EJAN return over the past year?
EJAN returned +9.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.6%.
What is the average annual return of EJAN?
EJAN has returned +3.8% a year over 5 years, +4.4% a year since January 2, 2020 (total return, distributions reinvested).
How much would $10,000 invested in EJAN be worth?
$10,000 invested in EJAN at its first recorded close on January 2, 2020 would be worth about $13,441 on October 23, 2026 with distributions reinvested.
What was the worst year for EJAN?
The worst calendar year was 2022, with a total return of −8.0%. The best was 2025 at +14.8%.
What is the biggest drawdown of EJAN?
The largest peak-to-trough decline was −22.2% between January 13, 2020 and March 18, 2020. It recovered to the old high on August 25, 2020, 5 months after the bottom.
How volatile is EJAN?
Over the past 3 years EJAN had an annualized volatility of 6.8% and a Sharpe ratio of 0.89 (excess return over 1–3 month T-bills per unit of risk).