Data as of . Every figure is the buffer desk's own, on published data.
PJUL vs UAPR
Innovator U.S. Equity Power Buffer ETF - Jul and Innovator U.S. Equity Ultra Buffer ETF - Apr, side by side on the buffer desk.
Open the live comparison on ETFIQ| PJUL Innovator U.S. Equity Power Buffer ETF - Jul | UAPR Innovator U.S. Equity Ultra Buffer ETF - Apr | |
|---|---|---|
| Issuer | Innovator | Innovator |
| Reference index | SPY | SPY |
| Buffer | ||
| Outcome period | Jun 30, 2026 to Jun 30, 2027 | Mar 31, 2026 to Mar 31, 2027 |
| Days left | 299 | 208 |
| Starting cap | +14.0% | +13.0% |
| Can still gain | 11.3% | 4.7% |
| Fall before buffer | 2.4% | 12.0% |
| Protection left, index points | 15.0% of 15.0% | 30.0% of 30.0% |
| Index return this period | +3.1% | +18.4% |
| Fund return this period | +2.3% | +7.6% |
| State today | Open | At cap |
| Expense ratio | 0.79% | 0.79% |
PJUL in plain words
From its price on Sep 4, 2026, the fund can gain about 11.3% more before it reaches its cap. The fund's price can fall 2.4% 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. 299 days remained on Sep 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.
UAPR in plain words
SPY had already risen past this fund's cap of +13.0% for the period on Sep 4, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.7% as the period runs out. The fund's price can fall 12.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 19.8% from today's level to the point where the buffer begins. Protection left, in index points: 30.0% of the 30.0% buffer still sits below today's SPY level. 208 days remained on Sep 4, 2026. On Mar 31, 2027 the period ends and a new cap is set.
Questions people ask
- Which has more room to gain, PJUL or UAPR?
- From their prices on Sep 4, 2026, PJUL can gain about 11.3% before its cap and UAPR about 4.7%, so PJUL has more room left this period.
- Which resets first, PJUL or UAPR?
- PJUL ends its outcome period on Jun 30, 2027 and UAPR on Mar 31, 2027. A new cap is set the day after each.
- Which is cheaper, PJUL or UAPR?
- PJUL charges 0.79% a year and UAPR charges 0.79%, so PJUL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this page. ETFIQ, PJUL against UAPR, data as of Sep 4, 2026. https://etfiq.com/compare/buffer/PJUL-UAPR.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