Innovator 20+ Year Treasury Bond Buffer ETF – July Price & Performance (TBJL)

Several Innovator ETFs, including Premium Income and Accelerated series, underwent liquidation on April 9, 2025, with shareholders receiving cash based on net asset value. These moves underscore the unpredictable nature of defined outcome and buffer ETFs, reminding investors to monitor fund mechanics and potential early closures in this segment.12

Average 30-year fixed mortgage rates have jumped to nearly 6.90%, climbing 20 basis points in a week. The increase follows a recent sell-off in U.S. Treasuries, which pushed yields higher and signaled growing economic unease. Homebuyers are urged to act quickly to lock in rates amid ongoing volatility.34

Recent performance data shows that academic factor and thematic ETF strategies rarely surpass broad equity indexes. While certain niche ETFs offer diversification, most fail to consistently outperform simple index-based approaches, especially given the dominance of large-cap stocks since 2009. Investors should weigh diversification against realistic return expectations.56