Innovator MSCI Emerging Markets Power Buffer… (EJUL) Performance
EJUL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.6% since Dec 31, 2025
- 1 year
- +2.0% total return
- 5 years
- +2.7% a year
- Since first price
- +2.3% a year since 2019
EJUL trailing returns vs SPY, QQQ, AGG
| Period | EJUL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.4% | −5.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.3% | −1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.7% | −2.7% | +7.8% | +8.4% | −1.5% |
| YTD | +0.6% | +0.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.0% | +2.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +34.9%+10.5%/yr | +34.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +14.1%+2.7%/yr | +14.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJul 1, 2019 | +18.4%+2.3%/yr | +17.6% | — | — | — |
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: EJUL vs SPY
From Jul 1, 2019: EJUL grew to $11,836, SPY to $28,540.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EJUL returns by calendar year
4 of 6 full years positive. Best 2025 (+20.2%), worst 2022 (−10.9%). 2026 is year to date.
EJUL annual returns table
| Year | EJUL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.6% | −6.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.2% | −8.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.4% | −5.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +3.5% | −10.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.9% | −19.3% | −18.2% | −32.6% | −13.0% |
| 2021 | −2.4% | −6.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +1.1% | −20.4% | +18.3% | +48.6% | +7.5% |
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.
EJUL largest drawdowns
Now 6.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 23, 2021 | −21.6% | Oct 24, 2022 | Jun 10, 2025 | 1.3 years | 4.0 years |
| Jan 17, 2020 | −20.4% | Mar 18, 2020 | Dec 10, 2020 | 2 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EJUL risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +11.5% | +4.0% | +3.2% |
| Volatility (annualized) | 7.2% | 9.5% | 9.3% |
| Sharpe ratio | 0.95 | 0.08 | 0.10 |
| Sortino ratio | 1.77 | 0.12 | 0.15 |
| Best month | +6.9% | +9.3% | +9.3% |
| Worst month | −3.2% | −7.2% | −8.4% |
| Best 12 months | +22.1% | +22.1% | +22.1% |
| Worst 12 months | +4.4% | −18.2% | −18.2% |
| Positive months | 69% | 58% | 63% |
| Beta vs S&P 500 | 0.34 | 0.39 | — |
| Correlation with S&P 500 | 0.58 | 0.64 | — |
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.
EJUL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 76 | −18.2% | +3.6% | +22.1% | 70% |
| 3-year (a year) | 52 | −5.5% | −1.1% | +11.5% | 40% |
| 5-year (a year) | 28 | −1.0% | +2.3% | +4.0% | 86% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
EJUL performance overview
Innovator MSCI Emerging Markets Power Buffer… (EJUL) returned +2.0% over the past year and +2.7% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +2.3% a year, turning $10,000 into about $11,836. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.6%, from Jun 23, 2021 to Oct 24, 2022, and it took 2.6 years to get back to the old high. EJUL finished 4 of its 6 full calendar years with a gain; the best year was 2025 (+20.2%) and the worst 2022 (−10.9%). Volatility has been 9.3% a year.
Related: EJUL chart. See the EJUL overview for the latest quote and fund facts.
EJUL performance FAQ
What is the EJUL return over the past year?
EJUL returned +2.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 2.0%.
What is the average annual return of EJUL?
EJUL has returned +2.7% a year over 5 years, +2.3% a year since July 1, 2019 (total return, distributions reinvested).
How much would $10,000 invested in EJUL be worth?
$10,000 invested in EJUL at its first recorded close on July 1, 2019 would be worth about $11,836 on October 23, 2026 with distributions reinvested.
What was the worst year for EJUL?
The worst calendar year was 2022, with a total return of −10.9%. The best was 2025 at +20.2%.
What is the biggest drawdown of EJUL?
The largest peak-to-trough decline was −21.6% between June 23, 2021 and October 24, 2022. It recovered to the old high on June 10, 2025, 2.6 years after the bottom.
How volatile is EJUL?
Over the past 3 years EJUL had an annualized volatility of 7.2% and a Sharpe ratio of 0.95 (excess return over 1–3 month T-bills per unit of risk).