Innovator Nasdaq-100 Power Buffer ETF - July (NJUL) Performance
NJUL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.4% since Dec 31, 2025
- 1 year
- +6.9% total return
- 5 years
- +10.1% a year
- Since first price
- +10.3% a year since 2020
NJUL trailing returns vs SPY, QQQ, AGG
| Period | NJUL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.1% | +2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.6% | +1.6% | +7.8% | +8.4% | −1.5% |
| YTD | +5.4% | +5.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.9% | +6.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +51.3%+14.8%/yr | +51.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +61.6%+10.1%/yr | +61.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJul 1, 2020 | +85.6%+10.3%/yr | +85.6% | — | — | — |
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: NJUL vs SPY
From Jul 1, 2020: NJUL grew to $18,565, SPY to $26,642.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NJUL returns by calendar year
4 of 5 full years positive. Best 2023 (+29.5%), worst 2022 (−11.7%). 2026 is year to date.
NJUL annual returns table
| Year | NJUL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.4% | −5.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.7% | −13.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.9% | −6.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +29.5% | −5.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −11.7% | −14.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +7.9% | −2.7% | +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.
NJUL largest drawdowns
Now 4.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 3, 2022 | −14.4% | Oct 14, 2022 | Apr 27, 2023 | 9 months | 1.3 years |
| Feb 19, 2025 | −13.6% | Apr 8, 2025 | Jun 3, 2025 | 48 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NJUL risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +15.7% | +11.1% | +10.7% |
| Volatility (annualized) | 8.4% | 10.1% | 9.5% |
| Sharpe ratio | 1.28 | 0.75 | 0.83 |
| Sortino ratio | 2.63 | 1.23 | 1.38 |
| Best month | +6.3% | +6.6% | +6.6% |
| Worst month | −4.5% | −6.4% | −6.4% |
| Best 12 months | +25.7% | +29.5% | +29.5% |
| Worst 12 months | +4.1% | −11.7% | −11.7% |
| Positive months | 72% | 65% | 66% |
| Beta vs S&P 500 | 0.58 | 0.58 | — |
| Correlation with S&P 500 | 0.87 | 0.89 | — |
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.
NJUL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 64 | −11.7% | +13.6% | +29.5% | 83% |
| 3-year (a year) | 40 | +6.0% | +10.7% | +19.5% | 100% |
| 5-year (a year) | 16 | +9.5% | +10.4% | +11.4% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
NJUL performance overview
Innovator Nasdaq-100 Power Buffer ETF - July (NJUL) returned +6.9% over the past year and +10.1% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +10.3% a year, turning $10,000 into about $18,565. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.4%, from Jan 3, 2022 to Oct 14, 2022, and it took 6 months to get back to the old high. NJUL finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+29.5%) and the worst 2022 (−11.7%). Volatility has been 9.5% a year.
Related: NJUL chart. See the NJUL overview for the latest quote and fund facts.
NJUL performance FAQ
What is the NJUL return over the past year?
NJUL returned +6.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.9%.
What is the average annual return of NJUL?
NJUL has returned +10.1% a year over 5 years, +10.3% a year since July 1, 2020 (total return, distributions reinvested).
How much would $10,000 invested in NJUL be worth?
$10,000 invested in NJUL at its first recorded close on July 1, 2020 would be worth about $18,565 on October 23, 2026 with distributions reinvested.
What was the worst year for NJUL?
The worst calendar year was 2022, with a total return of −11.7%. The best was 2023 at +29.5%.
What is the biggest drawdown of NJUL?
The largest peak-to-trough decline was −14.4% between January 3, 2022 and October 14, 2022. It recovered to the old high on April 27, 2023, 6 months after the bottom.
How volatile is NJUL?
Over the past 3 years NJUL had an annualized volatility of 8.4% and a Sharpe ratio of 1.28 (excess return over 1–3 month T-bills per unit of risk).