JANJ - Innovator ETFs Trust - Innovator Premium Income 30 Barrier ETF - January

JANJ provides no upside potential. Instead, it aims for a defined rate of income and downside protection over a one-year period starting each January. The actively managed portfolio consists of i) US Treasurys maturing on each quarterly distribution date, ii) out-of-the-money S&P 500 put FLEX options sold to provide one-to-one downside exposure, and iii) put spread FLEX options on the S&P 500 Index which serve as the barrier.

Sector
Financial Services
Industry
Asset Management
Market Cap
$14.2M
Beta
0.17
52-Week Range
24.13-25.06
Dividend Yield
$1.24
IPO Date
Jan 2, 2024
Exchange
CBOE

JANJ Options Snapshot

Options pricing data for JANJ is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The JANJ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

JANJ fund facts: expense ratio 0.79%, assets under management $14.2M, NAV $24.69 as of the data source's update on Oct 8, 2026, launched Jan 2, 2024, issued by Innovator. See the JANJ holdings.

Frequently asked JANJ overview questions

What is JANJ?
JANJ is the ticker symbol for Innovator ETFs Trust - Innovator Premium Income 30 Barrier ETF - January, an listed exchange-traded fund. JANJ provides no upside potential. Instead, it aims for a defined rate of income and downside protection over a one-year period starting each January. Listed on CBOE. JANJ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are JANJ's key statistics?
Innovator ETFs Trust - Innovator Premium Income 30 Barrier ETF - January (JANJ) carries a market capitalization of $14.2M, 52-week range of 24.13-25.06. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does JANJ belong to?
Innovator ETFs Trust - Innovator Premium Income 30 Barrier ETF - January operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare JANJ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the JANJ data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for JANJ, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.