IJUN Innovator Intl Developed Power Buffer ETF - Jun

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$31.25
0.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Since May 31, 2026, IJUN returned 0.7%, against EFA's −1.1% price return. 13.9% of its 15.0% buffer is left.

Absorbs the first 15% of loss on EFA and caps the gain at 15.8%, over a period ending May 31, 2027Innovator ↗Expense ratio 0.85%Fund assets $64m on Oct 28, 2026Benchmark EFAFund page at the issuer ↗SEC filings ↗Every Innovator fund ETFIQ covers

Promise check: Not measuredNo outcome period of its has finished in ETFIQ's record (snapshots from Sep 4, 2026).

IJUN risk and return scorecard

vs EFA · Jun 2024 to Oct 2026 · 123 weekly returns · dividend-adjusted

Short history · 28 months
IJUN +25.5%, EFA +40.6%, Jun 2024 to Oct 2026, distributions reinvested.
Return
MeasureIJUNEFAEdge
Total return+25.5%+40.6%EFA
Annualized+10.1%+15.5%EFA
Price return+25.5%+31.9%EFA
Risk
MeasureIJUNEFAEdge
Volatility8.4%15.4%IJUN
Max drawdown−6.3%−11.2%IJUN
Upside capture47.2%100.0%EFA
Downside capture63.9%100.0%IJUN
Risk-adjusted
MeasureIJUNEFAEdge
Sharpe ratio0.690.74EFA (slight)
Sortino ratio1.001.04EFA (slight)
Alpha vs EFA
MeasureIJUNEFAEdge
Alpha, a year−0.2%Not significant
Alpha t-stat−0.18
Beta to EFA0.531.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Oct 26, 2026
Last 4 trading days
$0
12 months to Jul 31, 2026
−$407k
May 2024 to Jul 2026
+$68.3m
In on 1 day, out on 1. 52 days missing.

What you earned

IJUN −0.7%, EFA price return −1.3%: total return over one month to Oct 28, 2026.
IJUN−0.7%
EFA−1.3%
IJUN +0.3%, EFA price return +0.3%: total return over three months to Oct 28, 2026.
IJUN+0.3%
EFA+0.3%
IJUN +3.7%, EFA price return +3.8%: total return over six months to Oct 28, 2026.
IJUN+3.7%
EFA+3.8%
IJUN +7.0%, EFA price return +8.0%: total return over the year to Oct 28, 2026.
IJUN+7.0%
EFA+8.0%
IJUN +8.7%, EFA price return +8.4%: total return over one year to Oct 28, 2026.
IJUN+8.7%
EFA+8.4%
IJUN +24.0%, EFA price return +27.4%: total return since launch to Oct 28, 2026.
IJUN+24.0%
EFA+27.4%

Where does it stand in this outcome period?

Outcome period May 31, 2026 to May 31, 2027
14.6%
Can still gain from today’s fund price
1.1%
Fall before the buffer from today’s fund price
13.9%
Protection left, index points
215
Days to reset

More on IJUN

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Price, 1 year

$31.250.0%1 day, priceClose, Oct 28, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

IJUN returns by window: total return, cash paid and price change
WindowTotal returnEFA price returnGap to EFA
1M Sep 28 – Oct 28, 2026−0.7%−1.3%+0.6 pts
3M Jul 29 – Oct 28, 2026+0.3%+0.3%0.0 pts
6M Apr 29 – Oct 28, 2026+3.7%+3.8%−0.1 pts
YTD Dec 31, 2025 – Oct 28, 2026+7.0%+8.0%−1.0 pts
1Y Oct 28, 2025 – Oct 28, 2026+8.7%+8.4%+0.3 pts
Since launch Jun 3, 2024 – Oct 28, 2026+24.0%+27.4%−3.4 pts
Since launch, annualised Jun 3, 2024 – Oct 28, 2026+9.4%––

Total returns, distributions reinvested. EFA's column is its price return, dividends left out: the basis the outcome period uses. Listed Jun 2024: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Email me when IJUN's outcome period resets.

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Buffer working
Buffer workingIJUN: reference −1.1% since period start, fund +0.7%; buffer 0 to −15; cap +15.8%; Buffer working. Data to Oct 28, 2026.13.9 of 15 pts of buffer left+15.8% more to the cap−15.0% floor0% period start+15.8% capTODAY · EFA −1.1%Buffer workingIJUN: reference −1.1% since period start, fund +0.7%; buffer 0 to −15; cap +15.8%; Buffer working. Data to Oct 28, 2026.13.9 pts+15.8% to cap−15.0% floor0% start+15.8% capTODAY · EFA −1.1%

IJUN: reference −1.1% since period start, fund +0.7%; buffer 0 to −15; cap +15.8%; Buffer working. Data to Oct 28, 2026.

72.8
IQ Buffer ScoreETFIQ Downside Cover Score80th of 292 · Oct 28, 2026
0.2 · lowest of 292 buffer ETFs on stocks with a live outcome period99.8 · highest

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

IJUN absorbs 69% of the next 20% fall in what it tracks. It has 17.1% of upside left in index terms, 108% of the cap it started with.

share of a 20% fall the buffer absorbs69.4% · 73rd pct

Money in and out

Daily data · as of Oct 26, 2026

IJUN: in the 12 trading days to Oct 26, 2026, net $771k went out.

4D
$0
0.0% of $64.0m on Oct 20, 2026
Oct 21, 2026 to Oct 26, 2026
12 months
−$407k
−0.6% of $71.0m on Jul 31, 2025
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings
May 2024 to Jul 2026
+$68.3m
May 1, 2024 to Jul 31, 2026
monthly, from SEC filings
Net flow each trading day
Net flow into IJUN each trading day, Jul 28, 2026 to Oct 26, 2026−$2.3m+$1.6mmonthly, from SEC filingsdaily, from Innovator+$2.3m−$2.3mJul 28, 2026Oct 26, 2026

IJUN, net flow each trading day over the 64 sessions from Jul 28, 2026 to Oct 26, 2026: money came in on 1 day and went out on 1 day, of the 12 days with daily data; the other 52 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 1. 52 days missing.

Net flow into IJUN each trading day, Oct 28, 2025 to Oct 26, 2026−$2.3m+$1.6mmonthly, from SEC filingsdaily, from Innovator+$2.3m−$2.3mOct 28, 2025Oct 26, 2026

IJUN, net flow each trading day over the 250 sessions from Oct 28, 2025 to Oct 26, 2026: money came in on 1 day and went out on 1 day, of the 12 days with daily data; the other 238 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 1. 238 days missing.

Net flow into IJUN each trading day, Mar 25, 2025 to Oct 26, 2026−$2.3m+$1.6mmonthly, from SEC filingsdaily, from Innovator+$2.3m−$2.3mMar 25, 2025Oct 26, 2026

IJUN, net flow each trading day over the 400 sessions from Mar 25, 2025 to Oct 26, 2026: money came in on 1 day and went out on 1 day, of the 12 days with daily data; the other 388 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 1. 388 days missing.

Money in, netMoney out, netMonthly basis

Daily data starts Oct 9, 2026.

How this is computed

Computed by ETFIQ from Innovator’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for IJUN, back to May 2024, is in its flows file. Flows across every fund · How these flows are computed · Compare IJUN with other funds in the flows tool

Every trading day, last 3 months12 days
Oct 26, 2026 $0
Oct 23, 2026 $0
Oct 22, 2026 $0
Oct 21, 2026 $0
Oct 20, 2026 $0
Oct 19, 2026 $0
Oct 16, 2026 +$1.6m
Oct 15, 2026 $0
Oct 14, 2026 $0
Oct 13, 2026 −$2.3m
Oct 12, 2026 $0
Oct 9, 2026 $0

Most recent first.

Week by week, last year4 weeks
Oct 26, 2026 $0 1 day
Oct 23, 2026 $0
Oct 16, 2026 −$771k
Oct 9, 2026 $0 1 day

Net flow into IJUN each week, Oct 9, 2026 to Oct 26, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outMay 2024 to Oct 2026

IJUN, money in and money out each month from May 2024 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from IJUN’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 28 months listed, money came in on net in 12 and went out in 15.

Every bar is from IJUN’s SEC filings (N-PORT item B.6). Of the 28 months listed, money came in on net in 12 and went out in 15.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 9 to Oct 26+$1.6m−$2.3m−$771k
Jul 2026 SEC Form N-PORT$0−$15.5m−$15.5m
Jun 2026 SEC Form N-PORT+$49.6m$0+$49.6m
May 2026 SEC Form N-PORT+$43.7m−$44.0m−$340k
Apr 2026 SEC Form N-PORT$0−$3.0m−$3.0m
Mar 2026 SEC Form N-PORT$0−$9.6m−$9.6m
Feb 2026 SEC Form N-PORT$0−$755k−$755k
Jan 2026 SEC Form N-PORT+$1.5m−$2.2m−$754k
Dec 2025 SEC Form N-PORT$0−$2.9m−$2.9m
Nov 2025 SEC Form N-PORT$0−$2.1m−$2.1m
Oct 2025 SEC Form N-PORT$0−$10.7m−$10.7m
Sep 2025 SEC Form N-PORT$0−$2.8m−$2.8m
Aug 2025 SEC Form N-PORT$0−$1.4m−$1.4m
Jul 2025 SEC Form N-PORT+$5.5m−$9.7m−$4.2m
Jun 2025 SEC Form N-PORT+$42.5m$0+$42.5m
May 2025 SEC Form N-PORT+$33.1m−$31.8m+$1.4m
Apr 2025 SEC Form N-PORT+$1.3m$0+$1.3m
Mar 2025 SEC Form N-PORT+$1.9m$0+$1.9m
Feb 2025 SEC Form N-PORT+$4.5m$0+$4.5m
Jan 2025 SEC Form N-PORT+$632k$0+$632k
Dec 2024 SEC Form N-PORT+$614k$0+$614k
Nov 2024 SEC Form N-PORT+$620k−$4.4m−$3.7m
Oct 2024 SEC Form N-PORT$0−$635k−$635k
Sep 2024 SEC Form N-PORT+$1.3m−$638k+$636k
Aug 2024 SEC Form N-PORT+$2.5m$0+$2.5m
Jul 2024 SEC Form N-PORT+$1.9m$0+$1.9m
Jun 2024 SEC Form N-PORT+$19.5m$0+$19.5m
May 2024 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Oct 26, 2026. Last checked Oct 29, 2026.

IJUN key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$32.12 on Aug 25, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$27.97 on Nov 20, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$31.25, 79% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 28, 2026
Trading · IJUNas of Oct 28, 2026
·
Not scored2 of 6 measured · Oct 28, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$1.100.11%
$10,000$110.11%
Premium or discount to NAV, Oct 28 close+0.19%
−0.5%95% of days within ±0.35% · the 1% band is off this scale+0.5%
How to tradeLimit: midpoint + 4¢ to buy, midpoint − 4¢ to sell.At the Oct 28 close of $31.25, that’s $31.29 to buy and $31.21 to sell.
Full trading page: components, premium history, dealers →

If the market falls into a bear market from here, how much does the buffer absorb?

Share of a 20% fall the buffer absorbs
TJUN 0.0%QBQV 15.4%EMJN 21.1%DNOV 22.6%TSEP 23.8%QBIV 24.0%UNOV 24.1%PQV 25.0%QBKV 25.0%QBSV 25.0%EBUF 25.2%SNOV 28.5%UDEC 29.3%DDEC 31.4%QMNV 32.6%DMAR 32.8%FNOV 33.3%QMAR 33.6%NNOV 34.9%UJAN 35.3%ARLU 35.4%QJN 35.5%UAPR 35.7%TDEC 36.4%QDEC 36.8%KNOV 36.9%DJAN 37.0%FHDG 37.5%PQAP 38.6%DFEB 38.9%EJUL 39.0%QJUN 39.8%UMAR 39.8%DECZ 39.9%, and 1 more at this point: UFEB 39.9%QBUF 39.9%NVBT 40.7%BNOV 41.1%APRZ 41.3%NDEC 41.3%NOVP 41.4%PQJA 42.0%TMAR 42.2%TENM 42.3%KJUL 42.7%BAPR 42.8%BDEC 42.9%, and 2 more at this point: PNOV 43.0%, SCJL 43.0%DECT 42.9%FMAR 43.5%KDEC 43.7%GNOV 43.9%SAUG 43.9%APRT 44.8%BAUG 45.0%, and 8 more at this point: BJUL 45.0%, BJUN 45.0%, BMAR 45.0%, BMAY 45.0%, BOCT 45.0%, BSEP 45.0%, EMJL 45.2%, NAPR 45.2%BFEB 45.0%BJAN 45.0%DECP 45.9%KJAN 46.1%JANT 46.2%RSMR 46.8%FDEC 47.1%QJL 47.3%APRP 47.4%DAPR 47.5%, and 4 more at this point: NJAN 47.5%, STEN 47.5%, TEND 47.5%, TENJ 47.5%RSDE 47.7%SCAU 47.9%IBUF 48.8%NVBW 48.8%PBNV 48.9%PDEC 49.1%NMAR 49.5%AUGC 50.0%, and 43 more at this point: EALT 50.0%, FAPR 50.0%, FAUG 50.0%, FEBT 50.0%, FEBZ 50.0%, FFEB 50.0%, FJAN 50.0%, FJUL 50.0%, FJUN 50.0%, FMAY 50.0%, FOCT 50.0%, FSEP 50.0%, JANZ 50.0%, JULC 50.0%, JULT 50.0%, JULZ 50.0%, JUNC 50.0%, JUNT 50.0%, JUNZ 50.0%, MART 50.0%, MARZ 50.0%, MAYC 50.0%, MAYT 50.0%, MAYZ 50.0%, NOVZ 50.0%, OCTT 50.0%, OCTZ 50.0%, PQX 50.0%, QAU 50.0%, QMY 50.0%, QSPT 50.0%, RBUF 50.0%, RSJN 50.0%, RSSE 50.0%, SEPT 50.0%, SEPZ 50.0%, SIXD 50.0%, SIXF 50.0%, SIXJ 50.0%, SIXO 50.0%, SIXP 50.0%, SIXZ 50.0%, ZALT 50.0%AUGT 50.0%AUGZ 50.0%QMFE 50.1%, and 2 more at this point: EOCT 50.2%, PQOC 50.5%NFEB 51.3%UMAY 51.3%JANP 51.4%KAPR 51.8%GMAR 52.1%PQJL 52.6%EJAN 52.8%EMMY 53.0%KSEP 53.0%EAPR 53.5%DECW 53.9%GDEC 54.0%JANU 54.4%INOV 54.7%DMAY 54.9%PBDE 55.2%MARU 55.3%PAPR 55.5%PJAN 55.6%FEBP 56.0%MRCP 56.3%DECU 56.7%QCJA 56.8%NVBU 56.9%ISEP 57.2%KAUG 57.5%IDEC 57.8%DJUL 58.8%KJUN 58.9%DJUN 59.1%GJAN 59.2%, and 1 more at this point: YMAR 59.3%PBAP 59.4%FEBU 59.5%SCJN 59.8%AUGP 60.0%, and 4 more at this point: JUNP 60.0%, MAYP 60.0%, OCTP 60.0%, SEPP 60.0%JULP 60.0%PFEB 60.1%JANW 60.4%, and 1 more at this point: QQJN 60.5%APRW 60.6%PMAR 60.8%EMAU 61.0%PBJA 61.1%GFEB 61.4%UJUL 61.9%DHDG 62.5%SQMX 62.5%QQMY 62.9%YDEC 63.2%KFEB 63.3%UJUN 63.4%IDAU 63.5%, and 1 more at this point: UAUG 63.5%FEBW 64.0%PBFB 64.5%MARW 64.9%NOCT 64.9%QBQF 65.4%PBMR 65.5%IAUG 65.8%, and 1 more at this point: IJAN 65.9%NJUN 65.8%DAUG 66.0%KMAR 66.1%, and 1 more at this point: DSEP 66.2%IMAR 66.7%CMAY 66.9%NJUL 67.1%QCAP 67.8%NOVM 67.9%SFEB 68.0%DOCT 68.3%YSEP 69.0%GAPR 69.6%IAPR 70.0%CTMA 70.1%UOCT 70.1%NMAY 70.2%, and 1 more at this point: USEP 70.5%SCMY 70.7%IDJN 70.9%DECM 71.2%YJUN 71.6%MAYU 71.7%QQJL 72.3%PMAY 73.7%IJUL 73.8%IOCT 73.8%JANM 74.0%, and 3 more at this point: JULI 74.0%, OCTI 74.0%, QBIF 74.0%MAYW 74.7%ARLI 75.0%, and 35 more at this point: CJUL 75.0%, CJUN 75.0%, GAUG 75.0%, GJUL 75.0%, GJUN 75.0%, GMAY 75.0%, GOCT 75.0%, IDJL 75.0%, IDMY 75.0%, IFEB 75.0%, IMAY 75.0%, JANI 75.0%, JNEU 75.0%, JULU 75.0%, KMAY 75.0%, KOCT 75.0%, NAUG 75.0%, NSEP 75.0%, OCTU 75.0%, PAUG 75.0%, PJUL 75.0%, PJUN 75.0%, POCT 75.0%, PQXV 75.0%, PSEP 75.0%, QBKF 75.0%, QBSF 75.0%, QMAG 75.0%, QMMY 75.0%, QQAU 75.0%, QQBF 75.0%, SEPU 75.0%, SMAY 75.0%, SQBA 75.0%, GSEP 75.1%AUGU 75.0%CAUG 75.0%PBMY 75.6%MARM 76.2%FEBM 76.5%QCJL 79.1%APXM 81.7%JULW 84.2%CTJL 84.4%PBJL 84.7%JUNW 85.0%AUGW 85.8%PBJN 86.0%PBAU 86.5%QCOC 90.3%OCTW 92.1%CTAU 92.2%SEPW 92.3%CTJN 92.8%PBSE 93.4%PBOC 93.5%PQXX 96.6%BALT 97.0%IJUN 69.4%IJUN 69.4%0.0%97.0%
0.0% to 97.0% across 292

That is the share of the 292 buffer ETFs on stocks with a live outcome period sitting at or below IJUN.

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. Where the fund sits in this set, not a rating. Do not average it with another category's score.

About IJUN

Reference indexEFA
Buffer15%
Outcome periodMay 31, 2026 to May 31, 2027
Starting cap+15.8%
EFA return since period start−1.1%
Fund return since period start+0.7%
Net assets (issuer page, as of Oct 28, 2026)$64mReport
Band state today (ETFIQ)Buffer working
Can still gain (issuer, fund price)14.6%
Fall before buffer (issuer, fund price)1.1%
Fall to the buffer in index terms (ETFIQ)0.0%
Protection left in index points (ETFIQ)13.9% of 15.0%
Days left in period215
Expense ratio (issuer page, Oct 28, 2026)0.85%Report
How we measure
Issuer-published data as of the date shown; ETFIQ calculations marked. Definitions on the learn page. Method
IQ Investment Committee on IJUN

12 seats on IJUN, as of Oct 28, 2026: 1 Supports, 2 Challenges, 7 Not enough data, 2 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianDoes not apply
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put IJUN to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about IJUN

How much can IJUN still gain?
About 14.6% from its price on Oct 28, 2026, before it reaches its cap, by the issuer's published number. The cap for the period was set at +15.8%.
How far can IJUN fall before the buffer helps?
1.1% in fund-price terms on Oct 28, 2026, by the issuer's number. In index terms EFA can fall 0.0% from that level before the buffer begins. Losses until that point are the holder's.
How much of the IJUN buffer is left?
13.9% of the 15.0% buffer sat below the EFA level on Oct 28, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does IJUN reset?
The outcome period ends on May 31, 2027, 215 days from the data on Oct 28, 2026. A new cap is set the next day and the buffer starts again.
What does IJUN cost?
The prospectus expense ratio is 0.85% a year.
Sources and dates
Prices, IJUN and EFA price returnTiingo end-of-day · Oct 28, 2026
Fee, 0.85%Issuer page · Oct 28, 2026
Net assets, $64mIssuer page · Oct 28, 2026

Links are sources, not endorsements.

Cite this pageCitation, APA and Markdown

ETFIQ, IJUN, buffer ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/ijun

The outcome band for IJUN, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
The most the fund can return over the period if held from the first day to the last. Quoted gross and net of fees. Set by the option market on day one, so the same fund can have a different cap each year.
The window, usually twelve months and sometimes six or three, over which the buffer and, where there is one, the cap apply. On its last day the options expire, the fund resets, and fresh terms are struck from that day’s option prices.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and fresh terms struck at that day’s level.
How much of the buffer still sits below today’s index level. All of it when the index is above its starting level; less once the index is inside the buffer range.
Embed this chart

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IJUN: IJUN: reference −1.1% since period start, fund +0.7%; buffer 0 to −15; cap +15.8%; Buffer working. Data to Oct 28, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/ijun"><img src="https://etfiq.com/assistant/api/embed/buffer/ijun.svg" alt="IJUN: IJUN: reference −1.1% since period start, fund +0.7%; buffer 0 to −15; cap +15.8%; Buffer working. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">IJUN: IJUN: reference −1.1% since period start, fund +0.7%; buffer 0 to −15; cap +15.8%; Buffer working. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/ijun">ETFIQ</a></figcaption>
</figure>

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Snapshot, Oct 28, 2026. More on the tabs above.