Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AUGP vs GJUL: which one stands where?

As of Sep 21, 2026 GJUL can fall 3.3% before its buffer engages and AUGP 2.8%, and GJUL resets 15 days sooner.

PGIM S&P 500 Buffer 12 ETF - August and FT Vest U.S. Equity Moderate Buffer ETF - July.

2.8%AUGP can fall this far before its buffer
3.3%GJUL can fall this far before its buffer
12.5%AUGP can still gain
10.2%GJUL can still gain

ETFIQ Downside Cover Score: GJUL scores higher

If the market falls into a bear market from here, how much does the buffer absorb?

AUGP 59.9GJUL 84.30.2, the lowest in this set99.8, the highest

A percentile among the 293 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

AUGPBetween buffer and cap
12 pts of buffer+3.6%+12.1% more to the cap−12.0% floor0% period start+15.7% capTODAY · SPY +3.6%12 pts−12.0% floor0% start+15.7% capTODAY · SPY +3.6%
GJULBetween buffer and cap
15 pts of buffer+4.1%+9.7% more to the cap−15.0% floor0% period start+13.8% capTODAY · SPY +4.1%15 pts−15.0% floor0% start+13.8% capTODAY · SPY +4.1%

Where each one stands today

GJUL resets first, on Jul 16, 2027, 298 days from now; AUGP runs to Jul 31, 2027, 313 days. AUGP can still gain 12.5% before its cap, GJUL 10.2%. A fall from here reaches AUGP’s buffer after 2.8% and GJUL’s after 3.3%. 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

AUGP and GJUL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
AUGPGJULAUGPGJUL
3 months+2.9%+2.5%+0.6 pts+0.2 pts
6 months+11.4%+9.3%−6.6 pts−8.7 pts
1 year+12.0%+10.0%−4.6 pts−6.5 pts
3 yearsnot published+45.5%not published−32.9 pts
Open the live comparison on ETFIQ
AUGP and GJUL on the same fields, as of Sep 21, 2026. Source: ETFIQ.
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
GJUL
FT Vest U.S. Equity Moderate Buffer ETF - July
Absorbs the first 15% of loss on SPY and caps the gain at 13.8%, over a period ending Jul 16, 2027
IssuerPGIMFirst Trust
Reference indexSPYSPY
Buffer12%15%
Outcome periodAug 1, 2026 to Jul 31, 2027Jul 20, 2026 to Jul 16, 2027
Days left313298
Starting cap+15.7%+13.8%
Can still gain12.5%10.2%
Fall before buffer2.8%3.3%
Protection left, index points12.0% of 12.0%15.0% of 15.0%
Index return this period+3.6%+4.1%
Fund return this period+2.4%+2.5%
State todayOpenOpen
Expense ratio0.50%0.85%
Net assets$31m$414m

AUGP in plain words

From its price on Sep 21, 2026, the fund can gain about 12.5% more before it reaches its cap. The fund's price can fall 2.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% 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. 313 days remained on Sep 21, 2026. On Jul 31, 2027 the period ends and a new cap is set.

GJUL in plain words

From its price on Sep 21, 2026, the fund can gain about 10.2% 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 figure. In index terms, SPY can fall 3.9% 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. 298 days remained on Sep 21, 2026. On Jul 16, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, AUGP or GJUL?
From their prices on Sep 21, 2026, AUGP can gain about 12.5% before its cap and GJUL about 10.2%, so AUGP has more room left this period.
Which resets first, AUGP or GJUL?
AUGP ends its outcome period on Jul 31, 2027 and GJUL on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, AUGP or GJUL?
AUGP charges 0.50% a year and GJUL charges 0.85%, so AUGP is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

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

AUGP against GJUL, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AUGP against GJUL, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/augp-vs-gjul Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources