Which resets first, AUGT or AUGU?

AUGT ends its outcome period on Jul 31, 2027 and AUGU on Jul 31, 2027. New terms are set the day after each.

Which is cheaper, AUGT or AUGU?

AUGT and AUGU both charge 0.74% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

AUGT vs AUGU: Cap, Buffer & Days Left

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As of Nov 4, 2026 AUGT can fall 3.1% before its buffer engages and AUGU 2.3%.

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Net assets on Nov 3, 2026: $35m for AllianzIM U.S. Equity Buffer10 ETF - Aug and $36m for AllianzIM U.S. Equity Buffer15 Uncapped ETF - Aug.

AUGT on its own →AUGU on its own →

At a glance

3.1%

AUGT can fall this far before its buffer

2.3%

AUGU can fall this far before its buffer

13.6%

AUGT can still gain

uncapped

AUGU can still gain

AUGT Between buffer and cap

AUGT: reference +2.6% since period start, fund +2.4%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.

AUGU No cap

AUGU: reference +2.6% since period start, fund +1.6%; buffer 0 to −15; no cap; No cap. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.74% a year; their one-year returns differ by 2.9 points.

Points (pts) are percentage points.

AUGT vs AUGU: Cap, Buffer & Days Left
Measure	AUGT	AUGU
Return
Measure	AUGT	AUGU
Total return, 1 year	+12.5%	+9.6%
Drawdown
Measure	AUGT	AUGU
Index fall to the buffer	2.6%
Benchmark
Measure	AUGT	AUGU
What it tracks	SPY	SPY
Cost and size
Measure	AUGT	AUGU
Expense ratio	0.74%	0.74%
Net assets, as of Nov 3, 2026	$35m	$36m
Holdings
Measure	AUGT	AUGU
Holdings in common	not published

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

IQ Buffer Score38.7AUGT83.2AUGU

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

AUGT 38.7

AUGU 83.2

0.3, the lowest in this set 99.7, the highest

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it →

Method

Window by window

Window by window: AUGT vs AUGU: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	AUGT	AUGU	AUGT	AUGU
3 months	+0.5%	−0.9%	+0.9 pts	−0.5 pts
6 months	+5.6%	+2.8%	+1.1 pts	−1.7 pts
1 year	+12.5%	+9.6%	−1.0 pts	−4.0 pts
3 years	+62.8%	–	−13.6 pts	–
Since launchNot the same days: AUGT Aug 2023 · AUGU Aug 2024	+57.8%	+29.6%	−10.2 pts	−11.7 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

AUGT AllianzIM U.S. Equity Buffer10 ETF - Aug · Absorbs the first 10% of loss on SPY and caps the gain at 17.1%, over a period ending Jul 31, 2027 AUGU AllianzIM U.S. Equity Buffer15 Uncapped ETF - Aug · Absorbs the first 15% of loss on SPY and does not cap the gain, over a period ending Jul 31, 2027

Issuer AllianzIM AllianzIM

Reference index SPY SPY

Buffer 10% 15%

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

Days left 269 269

Starting cap +17.1% uncapped

Can still gain 13.6% uncapped

Fall before buffer 3.1% 2.3%

Protection left, index points 10.0% of 10.0% 15.0% of 15.0%

Index return this period +2.6% +2.6%

Fund return this period +2.4% +1.6%

State today Open Uncapped

Expense ratio 0.74% 0.74%

Net assets, as of Nov 3, 2026 $35m $36m

As of Nov 4, 2026. Source: ETFIQ.

Both are AllianzIM funds, so the difference between them is the terms rather than the house.

Where each one stands today

AUGT resets first, on Jul 31, 2027, 269 days from now; AUGU runs to Jul 31, 2027, 269 days. A fall from here reaches AUGT’s buffer after 3.1% and AUGU’s after 2.3%. Both track SPY, so what separates them is where each is in its own period.

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About each fund

AUGT

From its price on Nov 4, 2026, the fund can gain about 13.6% more before it reaches its cap. The fund's price can fall 3.1% 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: 10.0% of the 10.0% 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.

AUGU

This fund has no cap. It takes a share of any further rise in SPY. The fund's price can fall 2.3% 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. On Jul 31, 2027 the period ends and new terms are set.

Questions people ask

Which resets first, AUGT or AUGU?: AUGT ends its outcome period on Jul 31, 2027 and AUGU on Jul 31, 2027. New terms are set the day after each.
Which is cheaper, AUGT or AUGU?: AUGT and AUGU both charge 0.74% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

AUGT vs CPSJ AUGT vs DDFG AUGT vs AUGW AUGT vs BAUG AUGU vs AUGW AUGU vs BAUG AUGU vs GJUL AUGU vs DJUL

Where to next

SPDR® S&P 500® ETF Trust →AUGT on its own →AUGU on its own →Method →Standards and sources →

Sources and dates

AUGT and AUGU filings on SEC EDGAR ↗

AllianzIM page for AUGT ↗

AllianzIM page for AUGU ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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, AUGT against AUGU, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/augt-vs-augu

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