AUGT vs BAUG: which one stands where?

As of Oct 2, 2026 AUGT can fall 3.1% before its buffer engages and BAUG 2.5%, and AUGT resets 1 days sooner. AllianzIM U.S. Equity Buffer10 ETF - Aug and Innovator U.S. Equity Buffer ETF - Aug.

AUGT costs 0.05 points a year less; their one-year returns differ by 0.5 points; BAUG is 7.7 times larger.

AUGTBAUG
Expense ratio0.74%0.79%
Net assets$35m$272m
Total return, 1 year+12.7%+13.2%
What it tracksSPYSPY
Holdings in commonnot published
3.1%
AUGT can fall this far before its buffer
2.5%
BAUG can fall this far before its buffer
13.6%
AUGT can still gain
14.8%
BAUG can still gain
AUGTBetween buffer and cap
Between buffer and capAUGT: reference +3.0% since period start, fund +2.4%; buffer 0 to −10; cap +17.1%; Between buffer and cap.10 pts of buffer+3%+14.1% more to the cap−10.0% floor0% period start+17.1% capTODAY · SPY +3.0%Between buffer and capAUGT: reference +3.0% since period start, fund +2.4%; buffer 0 to −10; cap +17.1%; Between buffer and cap.10 pts+14.1% to cap−10.0% floor0% start+17.1% capTODAY · SPY +3.0%

AUGT: reference +3.0% since period start, fund +2.4%; buffer 0 to −10; cap +17.1%; Between buffer and cap.

BAUGBetween buffer and cap
Between buffer and capBAUG: reference +3.0% since period start, fund +2.5%; buffer 0 to −9; cap +17.8%; Between buffer and cap.9 pts of buffer+3%+14.8% more to the cap−9.0% floor0% period start+17.8% capTODAY · SPY +3.0%Between buffer and capBAUG: reference +3.0% since period start, fund +2.5%; buffer 0 to −9; cap +17.8%; Between buffer and cap.9 pts+14.8% to cap−9.0% floor0% start+17.8% capTODAY · SPY +3.0%

BAUG: reference +3.0% since period start, fund +2.5%; buffer 0 to −9; cap +17.8%; Between buffer and cap.

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

AUGT resets first, on Jul 31, 2027, 301 days from now; BAUG runs to Jul 31, 2027, 302 days. AUGT can still gain 13.6% before its cap, BAUG 14.8%. A fall from here reaches AUGT’s buffer after 3.1% and BAUG’s after 2.5%. 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 returnGap to the reference
WindowAUGTBAUGAUGTBAUG
3 months+3.4%+3.6%−0.2 pts0.0 pts
6 months+12.3%+13.0%−5.7 pts−5.0 pts
1 year+12.7%+13.2%−3.5 pts−3.0 pts
3 years+66.5%+70.0%−22.8 pts−19.3 pts

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

On the same fields

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
BAUG
Innovator U.S. Equity Buffer ETF - Aug · Absorbs the first 9% of loss on SPY and caps the gain at 17.8%, over a period ending Jul 31, 2027
Issuer AllianzIM Innovator
Reference index SPY SPY
Buffer 10% 9%
Outcome period Aug 1, 2026 to Jul 31, 2027 Jul 31, 2026 to Jul 31, 2027
Days left 301 302
Starting cap +17.1% +17.8%
Can still gain 13.6% 14.8%
Fall before buffer 3.1% 2.5%
Protection left, index points 10.0% of 10.0% 9.0% of 9.0%
Index return this period +3.0% +3.0%
Fund return this period +2.4% +2.5%
State today Open Open
Expense ratio 0.74% 0.79%
Net assets $35m $272m

AUGT and BAUG on the same fields, as of Oct 2, 2026. Source: ETFIQ.

AUGT in plain words

From its price on Oct 2, 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 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: 10.0% of the 10.0% buffer still sits below today's SPY level. 301 days remained on Oct 2, 2026. On Jul 31, 2027 the period ends and a new cap is set.

BAUG in plain words

From its price on Oct 2, 2026, the fund can gain about 14.8% more before it reaches its cap. The fund's price can fall 2.5% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 302 days remained on Oct 2, 2026.

Questions people ask

Which has more room to gain, AUGT or BAUG?
From their prices on Oct 2, 2026, AUGT can gain about 13.6% before its cap and BAUG about 14.8%, so BAUG has more room left this period.
Which resets first, AUGT or BAUG?
AUGT ends its outcome period on Jul 31, 2027 and BAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, AUGT or BAUG?
AUGT charges 0.74% a year and BAUG charges 0.79%, so AUGT is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, AUGT against BAUG, data as of Oct 2, 2026. https://etfiq.com/compare/buffer/augt-vs-baug

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.