Which resets first, AUGP or CAUG?

AUGP ends its outcome period on Jul 31, 2027 and CAUG on Jul 31, 2027. A new cap is set the day after each.

Which is cheaper, AUGP or CAUG?

AUGP charges 0.50% a year and CAUG charges 0.30%, so CAUG is cheaper. Fees come from each fund's prospectus.

AUGP vs CAUG: which one stands where?

As of Oct 2, 2026 AUGP can fall 2.7% before its buffer engages and CAUG 1.6%. PGIM S&P 500 Buffer 12 ETF - August and Corgi U.S. Equities 15% Structured Buffer ETF - August Series.

CAUG costs 0.20 points a year less; AUGP is 31.2 times larger.

	AUGP	CAUG
Expense ratio	0.50%	0.30%
Net assets	$32m	$1m
Total return, 1 year	+11.9%	not published
What it tracks	SPY	SPY
Holdings in common	not published

AUGPBetween buffer and cap

AUGP: reference +3.0% since period start, fund +2.3%; buffer 0 to −12; cap +15.7%; Between buffer and cap.

CAUGBetween buffer and cap

CAUG: reference +1.6% since period start, fund +1.7%; buffer 0 to −15; cap +15.0%; Between buffer and cap.

ETFIQ Downside Cover Score · CAUG scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

AUGP 56.6

CAUG 83.8

0.2, the lowest in this set99.8, the highest

A percentile among the 294 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

AUGP resets first, on Jul 31, 2027, 302 days from now; CAUG runs to Jul 31, 2027, 302 days. A fall from here reaches AUGP’s buffer after 2.7% and CAUG’s after 1.6%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	AUGP	CAUG	AUGP	CAUG
3 months	+3.1%	not published	−0.5 pts	not published
6 months	+11.1%	not published	−6.8 pts	not published
1 year	+11.9%	not published	−4.3 pts	not published

AUGP and CAUG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AUGP

PGIM S&P 500 Buffer 12 ETF - August · Absorbs the first 12% of loss on SPY and caps the gain at 15.7%, over a period ending Jul 31, 2027

CAUG

Corgi U.S. Equities 15% Structured Buffer ETF - August Series · Absorbs the first 15% of loss on SPY and caps the gain at 15.0%, over a period ending Jul 31, 2027

Issuer PGIM Corgi

Reference index SPY SPY

Buffer 12% 15%

Outcome period Aug 1, 2026 to Jul 31, 2027 Aug 1, 2026 to Jul 31, 2027

Days left 302 302

Starting cap +15.7% +15.0%

Can still gain 12.7% not published

Fall before buffer 2.7% 1.6%

Protection left, index points 12.0% of 12.0% 15.0% of 15.0%

Index return this period +3.0% +1.6%

Fund return this period +2.3% +1.7%

State today Open Open

Expense ratio 0.50% 0.30%

Net assets $32m $1m

AUGP and CAUG on the same fields, as of Oct 2, 2026. Source: ETFIQ.

AUGP in plain words

From its price on Oct 2, 2026, the fund can gain about 12.7% more before it reaches its cap. The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.9% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level. 302 days remained on Oct 2, 2026. On Jul 31, 2027 the period ends and a new cap is set.

CAUG in plain words

The fund's price can fall 1.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 1.6% 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.

Questions people ask

Which resets first, AUGP or CAUG?: AUGP ends its outcome period on Jul 31, 2027 and CAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, AUGP or CAUG?: AUGP charges 0.50% a year and CAUG charges 0.30%, so CAUG is cheaper. Fees come from each fund's prospectus.

Other comparisons

AUGP vs FJUL AUGP vs GJUL AUGP vs HAUG AUGP vs JULM CAUG vs PAUG CAUG vs CPSA CAUG vs CPSJ CAUG vs CTAU

SPDR S&P 500 ETF Trust →AUGP on its own →CAUG on its own →How every figure is computed →Standards and sources →

Where these figures came from

AUGP filings on SEC EDGAR ↗PGIM website ↗CAUG filings on SEC EDGAR ↗Corgi website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, AUGP against CAUG, data as of Oct 2, 2026. https://etfiq.com/compare/buffer/augp-vs-caug

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.