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

PJUL vs UOCT

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

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PJUL and UOCT on the buffer desk fields, as of Sep 4, 2026. Source: ETFIQ.
PJUL
Innovator U.S. Equity Power Buffer ETF - Jul
UOCT
Innovator U.S. Equity Ultra Buffer ETF - Oct
IssuerInnovatorInnovator
Reference indexSPYSPY
Buffer
Outcome periodJun 30, 2026 to Jun 30, 2027Sep 30, 2025 to Sep 30, 2026
Days left29926
Starting cap+14.0%+11.0%
Can still gain11.3%0.5%
Fall before buffer2.4%14.2%
Protection left, index points15.0% of 15.0%30.0% of 30.0%
Index return this period+3.1%+15.6%
Fund return this period+2.3%+9.7%
State todayOpenAt cap
Expense ratio0.79%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.

UOCT in plain words

SPY had already risen past this fund's cap of +11.0% 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 0.5% as the period runs out. The fund's price can fall 14.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 17.8% 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. 26 days remained on Sep 4, 2026. On Sep 30, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, PJUL or UOCT?
From their prices on Sep 4, 2026, PJUL can gain about 11.3% before its cap and UOCT about 0.5%, so PJUL has more room left this period.
Which resets first, PJUL or UOCT?
PJUL ends its outcome period on Jun 30, 2027 and UOCT on Sep 30, 2026. A new cap is set the day after each.
Which is cheaper, PJUL or UOCT?
PJUL charges 0.79% a year and UOCT charges 0.79%, so PJUL is cheaper. Fees come from each fund's prospectus.

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Cite this page. ETFIQ, PJUL against UOCT, data as of Sep 4, 2026. https://etfiq.com/compare/buffer/PJUL-UOCT.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