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Data as of . Every figure is the buffer desk's own, on published data.

BJUL vs PAUG

Innovator U.S. Equity Buffer ETF - Jul and Innovator U.S. Equity Power Buffer ETF - Aug, side by side on the buffer desk.

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BJUL and PAUG on the buffer desk fields, as of Sep 4, 2026. Source: ETFIQ.
BJUL
Innovator U.S. Equity Buffer ETF - Jul
PAUG
Innovator U.S. Equity Power Buffer ETF - Aug
IssuerInnovatorInnovator
Reference indexSPYSPY
Buffer
Outcome periodJun 30, 2026 to Jun 30, 2027Jul 31, 2026 to Jul 31, 2027
Days left299330
Starting cap+18.1%+13.8%
Can still gain15.0%11.7%
Fall before buffer2.7%1.9%
Protection left, index points9.0% of 9.0%15.0% of 15.0%
Index return this period+3.1%+3.1%
Fund return this period+2.6%+1.8%
State todayOpenOpen
Expense ratio0.79%0.79%

BJUL in plain words

From its price on Sep 4, 2026, the fund can gain about 15.0% more before it reaches its cap. The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.0% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 299 days remained on Sep 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.

PAUG in plain words

From its price on Sep 4, 2026, the fund can gain about 11.7% more before it reaches its cap. The fund's price can fall 1.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 330 days remained on Sep 4, 2026. On Jul 31, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, BJUL or PAUG?
From their prices on Sep 4, 2026, BJUL can gain about 15.0% before its cap and PAUG about 11.7%, so BJUL has more room left this period.
Which resets first, BJUL or PAUG?
BJUL ends its outcome period on Jun 30, 2027 and PAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, BJUL or PAUG?
BJUL charges 0.79% a year and PAUG charges 0.79%, so BJUL is cheaper. Fees come from each fund's prospectus.

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Cite this page. ETFIQ, BJUL against PAUG, data as of Sep 4, 2026. https://etfiq.com/compare/buffer/BJUL-PAUG.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources