Innovator ETFsDefined OutcomeTFJL · Cboe BZX

Innovator 20+ Year Treasury Bond 5 Floor ETF - July (TFJL)

Compare Defined Outcome ETFs Compare with others

Price: $18.54; —25 Sept 2026
Assets: $4.2M; Total net assets
Expense ratio: 0.79%; Category 0.76%
Yield: 0.00%; Trailing distributions

1Y return: -8.4%-19.0%; Category 10.6%
3Y CAGR: -1.3%-14.9%; Category 13.6%
5Y CAGR: -4.8%-13.7%; Category 8.9%

Loading NAV history…

Innovator 20+ Year Treasury Bond 5 Floor ETF - July

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.8%	-6.2%	-4.5%	-6.3%	-8.4%	-1.3%	-4.8%	—	-4.6%
Defined Outcome average	0.6%	3.1%	10.3%	7.9%	10.6%	13.6%	8.9%	—	9.0%
Difference	-2.4%	-9.2%	-14.8%	-14.2%	-19.0%	-14.9%	-13.7%	—	-13.6%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

US government98.8%

Asset mix

Bonds98.8%
Cash1.2%

ETF details

Issuer: Innovator ETFs
Category: Alternatives · Defined Outcome
Ticker: TFJL
Exchange: Cboe BZX
Inception: 17 Aug 2020 (6.1 years)
Structure: Exchange Traded Fund
Expense ratio: 0.79% (category 0.76%)
Holdings turnover: 0% (category 4%)
Distribution yield: 0.00%
Beta, 3 years: 0.26
Total net assets: $4.2M
Average duration: 3.57 years
Average maturity: 7.64 years

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other defined outcome ETFs

Other ETFs in the Defined Outcome category.

Compare Defined Outcome ETFs