Which has more room to gain, AUGP or XJUL?

From their prices on Nov 4, 2026, AUGP can gain about 12.5% before its cap and XJUL about 7.5%, so AUGP has more room left this period.

Which resets first, AUGP or XJUL?

AUGP ends its outcome period on Jul 31, 2027 and XJUL on Jul 16, 2027. A new cap is set the day after each.

Which is cheaper, AUGP or XJUL?

AUGP charges 0.50% a year and XJUL charges 0.85%, so AUGP is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

AUGP vs XJUL: Cap, Buffer & Days Left

Share on X Download as PDF

As of Nov 4, 2026 XJUL can fall 3.6% before its buffer engages and AUGP 2.8%, and XJUL resets 15 days sooner.

askIQ about this page

askIQ about AUGP and XJUL

Net assets: $38m on Nov 4, 2026 for PGIM S&P 500 Buffer 12 ETF - August, and $42m on Nov 3, 2026 for FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July.

AUGP on its own →XJUL on its own →

At a glance

2.8%

AUGP can fall this far before its buffer

3.6%

XJUL can fall this far before its buffer

12.5%

AUGP can still gain

7.5%

XJUL can still gain

AUGP Between buffer and cap

AUGP: reference +2.6% since period start, fund +2.4%; buffer 0 to −12; cap +15.7%; Between buffer and cap. Data to Nov 4, 2026.

XJUL Between buffer and cap

XJUL: reference +3.1% since period start, fund +2.9%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

AUGP costs 0.35 points a year less; their one-year returns differ by 2.7 points; XJUL is 1.1 times larger.

Points (pts) are percentage points.

AUGP vs XJUL: Cap, Buffer & Days Left
Measure	AUGP	XJUL
Return
Measure	AUGP	XJUL
Total return, 1 year	+11.8%	+9.1%
Drawdown
Measure	AUGP	XJUL
Index fall to the buffer	2.6%	3.1%
Benchmark
Measure	AUGP	XJUL
What it tracks	SPY	SPY
Cost and size
Measure	AUGP	XJUL
Expense ratio	0.50%	0.85%
Net assets, as of Nov 3, 2026	$38m	$42m
Holdings
Measure	AUGP	XJUL
Holdings in common	not published

Method

Window by window

Window by window: AUGP vs XJUL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	AUGP	XJUL	AUGP	XJUL
3 months	+0.7%	+1.3%	+1.1 pts	+1.7 pts
6 months	+5.2%	+4.3%	+0.8 pts	−0.2 pts
1 year	+11.8%	+9.1%	−1.7 pts	−4.5 pts
3 years	–	+37.3%	–	−39.1 pts
Since launchNot the same days: AUGP May 2024 · XJUL Jul 2023	+36.4%	+36.2%	−10.8 pts	−32.7 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

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 XJUL FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July · Absorbs the first 15% of loss on SPY and caps the gain at 11.4%, over a period ending Jul 16, 2027

Issuer PGIM First Trust

Reference index SPY SPY

Buffer 12% 15%

Outcome period Aug 1, 2026 to Jul 31, 2027 Jul 20, 2026 to Jul 16, 2027

Days left 269 254

Starting cap +15.7% +11.4%

Can still gain 12.5% 7.5%

Fall before buffer 2.8% 3.6%

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

Index return this period +2.6% +3.1%

Fund return this period +2.4% +2.9%

State today Open Open

Expense ratio 0.50% 0.85%

Net assets, AUGP as of Nov 4, 2026 and XJUL as of Nov 3, 2026 $38m $42m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. XJUL is a floor fund, which caps how far a holder can fall. AUGP is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Where each one stands today

XJUL resets first, on Jul 16, 2027, 254 days from now; AUGP runs to Jul 31, 2027, 269 days. AUGP can still gain 12.5% before its cap, XJUL 7.5%. A fall from here reaches AUGP’s buffer after 2.8% and XJUL’s after 3.6%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

AUGP

From its price on Nov 4, 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 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: 12.0% of the 12.0% buffer still sits below today's SPY level. 269 days remained on Nov 4, 2026. On Jul 31, 2027 the period ends and a new cap is set.

XJUL

From its price on Nov 4, 2026, the fund can gain about 7.5% more before it reaches its cap. The fund's price can fall 3.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 3.1% 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. 254 days remained on Nov 4, 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 XJUL?: From their prices on Nov 4, 2026, AUGP can gain about 12.5% before its cap and XJUL about 7.5%, so AUGP has more room left this period.
Which resets first, AUGP or XJUL?: AUGP ends its outcome period on Jul 31, 2027 and XJUL on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, AUGP or XJUL?: AUGP charges 0.50% a year and XJUL charges 0.85%, so AUGP is cheaper. Fees come from each fund's prospectus.

Other comparisons

AUGP vs PBAU AUGP vs JULM AUGP vs AUGU AUGP vs CPSA XJUL vs CPSA XJUL vs CPSJ XJUL vs DDFG XJUL vs AUGW

Where to next

SPDR S&P 500 ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →AUGP on its own →XJUL on its own →Method →Standards and sources →

Sources and dates

AUGP filings on SEC EDGAR ↗

PGIM website ↗

XJUL filings on SEC EDGAR ↗

First Trust page for XJUL ↗

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, AUGP against XJUL, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/augp-vs-xjul

Open data →

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