Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

AUGM vs CPST: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 AUGM can fall 1.5% before its buffer engages and CPST 0.6%, and AUGM resets 11 days sooner.

askIQ about this page

askIQ about AUGM and CPST

Net assets: $66m on Nov 3, 2026 for FT Vest U.S. Equity Max Buffer ETF - August, and $41m on Nov 4, 2026 for Calamos S&P 500 Structured Alt Protection ETF - September.

At a glance
AUGM Full floor
Full floorAUGM: reference +0.1% since period start, fund +0.7%; buffer Floor; cap +8.0%; Full floor. Data to Nov 4, 2026.full floor beneath+7.9% to capfull floor0% period start+8.0% cap+0.1% gain capturedTODAY · SPY +0.1%Full floorAUGM: reference +0.1% since period start, fund +0.7%; buffer Floor; cap +8.0%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.0% cap+0.1% gain captured+7.9% more to the capTODAY · SPY +0.1%

AUGM: reference +0.1% since period start, fund +0.7%; buffer Floor; cap +8.0%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.
CPST Full floor
Full floorCPST: reference +0.7% since period start, fund +0.5%; buffer Floor; cap +8.1%; Full floor. Data to Nov 4, 2026.full floor beneath+7.4% to capfull floor0% period start+8.1% cap+0.7% gain capturedTODAY · SPY +0.7%Full floorCPST: reference +0.7% since period start, fund +0.5%; buffer Floor; cap +8.1%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.1% cap+0.7% gain captured+7.4% more to the capTODAY · SPY +0.7%

CPST: reference +0.7% since period start, fund +0.5%; buffer Floor; cap +8.1%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

CPST costs 0.16 points a year less; their one-year returns differ by 0.3 points; AUGM is 1.6 times larger.

Points (pts) are percentage points.

AUGM vs CPST: Cap, Buffer & Days Left
MeasureAUGMCPST
Return
Total return, 1 year+5.5%+5.2%
Drawdown
Index fall to the buffer0.1%0.7%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.85%0.69%
Net assets, as of Nov 3, 2026$66m$41m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: AUGM vs CPST: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowAUGMCPSTAUGMCPST
3 months+0.8%+0.8%+1.2 pts+1.2 pts
6 months+2.4%+2.3%−2.1 pts−2.1 pts
1 year+5.5%+5.2%−8.1 pts−8.4 pts
Since launchNot the same days: AUGM Aug 2024 · CPST Sep 2024+14.1%+14.1%−23.0 pts−24.8 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →

Side by side

AUGM FT Vest U.S. Equity Max Buffer ETF - August · Absorbs the whole loss on SPY and caps the gain at 8.0%, over a period ending Aug 20, 2027 CPST Calamos S&P 500 Structured Alt Protection ETF - September · Absorbs the whole loss on SPY and caps the gain at 8.1%, over a period ending Aug 31, 2027
Reference index SPY SPY
Buffer 100% 100%
Outcome period Aug 24, 2026 to Aug 20, 2027 Sep 1, 2026 to Aug 31, 2027
Days left 289 300
Starting cap +8.0% +8.1%
Can still gain 6.5% not published
Fall before buffer 1.5% 0.6%
Protection left, index points 100.0% of 100.0% 100.0% of 100.0%
Index return this period +0.1% +0.7%
Fund return this period +0.7% +0.5%
State today Open Open
Expense ratio 0.85% 0.69%
Net assets, AUGM as of Nov 3, 2026 and CPST as of Nov 4, 2026 $66m $41m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

AUGM resets first, on Aug 20, 2027, 289 days from now; CPST runs to Aug 31, 2027, 300 days. A fall from here reaches AUGM’s buffer after 1.5% and CPST’s after 0.6%. Both track SPY, so what separates them is where each is in its own period.

Alert

AUGM flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
AUGM

From its price on Nov 4, 2026, the fund can gain about 6.5% more before it reaches its cap. The fund's price can fall 1.5% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.1% 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. 289 days remained on Nov 4, 2026. On Aug 20, 2027 the period ends and a new cap is set.

CPST

The fund's price can fall 0.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.7% from today's level to the point where the buffer begins. 300 days remained on Nov 4, 2026. On Aug 31, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, AUGM or CPST?
AUGM ends its outcome period on Aug 20, 2027 and CPST on Aug 31, 2027. A new cap is set the day after each.
Which is cheaper, AUGM or CPST?
AUGM charges 0.85% a year and CPST charges 0.69%, so CPST is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

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.

Cite this pageCitation, APA and Markdown

ETFIQ, AUGM against CPST, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/augm-vs-cpst

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.