TFJL - Innovator 20+ Year Treasury Bond 5 Floor ETF

The Innovator 20+ Year Treasury Bond 5 Floor ETF seeks to provide the upside performance of the price return of the iShares 20+ Year Treasury Bond ETF (TLT), to a cap, and a maximum loss of 5% over the outcome period.

Sector
Financial Services
Industry
Asset Management
Market Cap
$18.4M
Beta
0.25
52-Week Range
18.985-20.79
IPO Date
Aug 31, 2020
Exchange
CBOE

TFJL Options Snapshot

Options pricing data for TFJL 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 TFJL 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.

Frequently asked TFJL overview questions

What is TFJL?
TFJL is the ticker symbol for Innovator 20+ Year Treasury Bond 5 Floor ETF, an listed exchange-traded fund. The Innovator 20+ Year Treasury Bond 5 Floor ETF seeks to provide the upside performance of the price return of the iShares 20+ Year Treasury Bond ETF (TLT), to a cap, and a maximum loss of 5% over the outcome period. Listed on CBOE. TFJL 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 TFJL's key statistics?
Innovator 20+ Year Treasury Bond 5 Floor ETF (TFJL) carries a market capitalization of $18.4M, 52-week range of 18.985-20.79. 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 TFJL belong to?
Innovator 20+ Year Treasury Bond 5 Floor ETF 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 TFJL'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 TFJL data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for TFJL, 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.