Innovator Emerging Markets Power Buffer ETF - January
Innovator Emerging Markets Power Buffer ETF - January (AMEX: EJAN) is an exchange-traded fund listed on NYSE Arca, trading at $37.21 (about ₹3,573 a unit) as of 25 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.89% and holds 6 securities. Indian residents can buy EJAN through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$37.15
Today's high
$37.30
52 week low
$32.95
52 week high
$37.38
EJAN opened at $37.25, closed previously at $37.12, and has traded between $32.95 and $37.38 over the past 52 weeks.
About
EJAN uses options in an effort to moderate losses on iShares MSCI EM ETF (EEM) over a one-year period starting each January. The fund foregoes some upside return as well as the dividend component of the index, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15% of EEM losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
Key statistics
Expense ratio
0.89%
Assets (AUM)
$145.7M
Holdings
6
NAV
$37.12
Avg. volume
—
1-year price change
+12.15%
5-year price change
+23.13%
Price change excludes dividends.
Top 6 holdings
EJAN holds 6 securities in total. These 6 are 100.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy EJAN from India
Indian residents can buy EJAN units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search EJAN and buy
Find the fund by its ticker, EJAN, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in EJAN from India
Trading and taxes when buying EJAN from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the EJAN price today?
Innovator Emerging Markets Power Buffer ETF - January (EJAN) last traded at $37.21 on NYSE Arca, as of 25 Sep 2026, 3:59 PM ET. That is ₹3,573 a unit at the 24 Sep 2026 USD/INR rate.
When does EJAN trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is EJAN, and what does it cost to hold?
Innovator Emerging Markets Power Buffer ETF - January manages about $145.7M. Its expense ratio is 0.89% a year, deducted inside the fund. It launched in 2019.
What are EJAN's largest holdings?
The top three are EEM 12/31/2026 0.55 C (110.0%), EEM 12/31/2026 54.71 P (1.0%) and US BANK MMDA - USBGFS 9 09/01/2037 (0.2%). EJAN's 6 largest positions make up 100.0% of the fund.
How are gains on EJAN taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of EJAN?
Yes. You can buy EJAN by amount rather than by whole unit, and there is no minimum trade size.
How has EJAN performed?
EJAN's price is up 12.1% over the past year and up 23.1% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.