Data as of Nov 4, 2026.
AUGM vs GAUG: Cap, Buffer & Days Left
As of Nov 4, 2026 GAUG can fall 1.6% before its buffer engages and AUGM 1.5%.
askIQ about this page
askIQ about AUGM and GAUG
Net assets on Nov 3, 2026: $66m for FT Vest U.S. Equity Max Buffer ETF - August and $414m for FT Vest U.S. Equity Moderate Buffer ETF - August.
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.GAUG: reference +0.1% since period start, fund +0.7%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.
GAUG: reference +0.1% since period start, fund +0.7%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
Both cost 0.85% a year; their one-year returns differ by 3.8 points; GAUG is 6.3 times larger.
Points (pts) are percentage points.
| Measure | AUGM | GAUG |
|---|---|---|
| Return | ||
| Total return, 1 year | +5.5% | +9.3% |
| Drawdown | ||
| Index fall to the buffer | 0.1% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.85% | 0.85% |
| Net assets, as of Nov 3, 2026 | $66m | $414m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | AUGM | GAUG | AUGM | GAUG |
| 3 months | +0.8% | +1.1% | +1.2 pts | +1.4 pts |
| 6 months | +2.4% | +3.8% | −2.1 pts | −0.7 pts |
| 1 year | +5.5% | +9.3% | −8.1 pts | −4.2 pts |
| 3 years | – | +41.8% | – | −34.6 pts |
| Since launchNot the same days: AUGM Aug 2024 · GAUG Aug 2023 | +14.1% | +42.0% | −23.0 pts | −32.5 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. AUGM is a floor fund, which caps how far a holder can fall. GAUG is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
Both are First Trust funds, so the difference between them is the terms rather than the house.
Where each one stands today
AUGM resets first, on Aug 20, 2027, 289 days from now; GAUG runs to Aug 20, 2027, 289 days. AUGM can still gain 6.5% before its cap, GAUG 12.1%. A fall from here reaches AUGM’s buffer after 1.5% and GAUG’s after 1.6%. Both track SPY, so what separates them is where each is in its own period.
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.
GAUG
From its price on Nov 4, 2026, the fund can gain about 12.1% 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. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level.
Questions people ask
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 GAUG, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/augm-vs-gaug
ETFIQ. (Nov 4, 2026). AUGM against GAUG. Retrieved from https://etfiq.com/compare/buffer/augm-vs-gaug
[AUGM against GAUG (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/augm-vs-gaug)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.