Data as of Nov 4, 2026.
AJUL vs JULT: Cap, Buffer & Days Left
As of Nov 4, 2026 JULT can fall 3.3% before its buffer engages and AJUL 1.6%, and JULT resets 366 days sooner.
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Net assets: $99m on Nov 4, 2026 for Innovator Equity Defined Protection ETF - Jul 2028, and $57m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Jul.
AJUL: reference +2.6% since period start, fund +1.4%; buffer Floor; cap +18.3%; Full floor. Data to Nov 4, 2026.
Data to Nov 4, 2026.JULT: reference +2.7% since period start, fund +2.6%; buffer 0 to −10; cap +17.3%; Between buffer and cap. Data to Nov 4, 2026.
JULT: reference +2.7% since period start, fund +2.6%; buffer 0 to −10; cap +17.3%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
JULT costs 0.05 points a year less; their one-year returns differ by 5.3 points; AJUL is 1.7 times larger.
Points (pts) are percentage points.
| Measure | AJUL | JULT |
|---|---|---|
| Return | ||
| Total return, 1 year | +6.0% | +11.3% |
| Drawdown | ||
| Index fall to the buffer | 2.6% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.74% |
| Net assets, as of Nov 3, 2026 | $98m | $57m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | AJUL | JULT | AJUL | JULT |
| 3 months | +0.2% | +0.5% | +0.6 pts | +0.9 pts |
| 6 months | +2.0% | +4.5% | −2.4 pts | 0.0 pts |
| 1 year | +6.0% | +11.3% | −7.5 pts | −2.3 pts |
| 3 years | – | +56.7% | – | −19.7 pts |
| Since launchNot the same days: AJUL Jul 2024 · JULT Jul 2020 | +17.7% | +102.8% | −22.9 pts | −44.1 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. AJUL is a floor fund, which caps how far a holder can fall. JULT is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
They do not reset together. JULT has 238 days of its period left and AJUL has 604, so the two are not the same bet on the same months.
Where each one stands today
JULT resets first, on Jun 30, 2027, 238 days from now; AJUL runs to Jun 30, 2028, 604 days. AJUL can still gain 16.4% before its cap, JULT 13.6%. A fall from here reaches AJUL’s buffer after 1.6% and JULT’s after 3.3%. Both track SPY, so what separates them is where each is in its own period.
AJUL
From its price on Nov 4, 2026, the fund can gain about 16.4% more before it reaches its cap. The fund's price can fall 1.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 2.6% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 604 days remained on Nov 4, 2026. On Jun 30, 2028 the period ends and a new cap is set.
JULT
From its price on Nov 4, 2026, the fund can gain about 13.6% more before it reaches its cap. The fund's price can fall 3.3% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 238 days remained on Nov 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.
Questions people ask
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How this is computed
ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, AJUL against JULT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ajul-vs-jult
ETFIQ. (Nov 4, 2026). AJUL against JULT. Retrieved from https://etfiq.com/compare/buffer/ajul-vs-jult
[AJUL against JULT (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/ajul-vs-jult)
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