Which has more room to gain, AUGT or JULM?

From their prices on Oct 9, 2026, AUGT can gain about 12.8% before its cap and JULM about 5.1%, so AUGT has more room left this period.

Which resets first, AUGT or JULM?

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

Which is cheaper, AUGT or JULM?

AUGT charges 0.74% a year and JULM charges 0.85%, so AUGT is cheaper. Fees come from each fund's prospectus.

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AUGT vs JULM: Cap, Buffer & Days Left

As of Oct 9, 2026 AUGT can fall 3.8% before its buffer engages and JULM 2.1%, and JULM resets 15 days sooner. Net assets: $36m on Oct 8, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Aug, and $36m on Oct 9, 2026 for FT Vest U.S. Equity Max Buffer ETF - July.

AUGT costs 0.11 points a year less; their one-year returns differ by 7.9 points.

	AUGT	JULM
Expense ratio	0.74%	0.85%
Net assets, as of Oct 8, 2026	$36m	$36m
Total return, 1 year	+13.6%	+5.7%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	4.0%	4.5%

3.8%

AUGT can fall this far before its buffer

2.1%

JULM can fall this far before its buffer

12.8%

AUGT can still gain

5.1%

JULM can still gain

AUGTBetween buffer and cap

AUGT: reference +4.2% since period start, fund +3.2%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Figures to Oct 9, 2026.

JULMFull floor

JULM: reference +4.8% since period start, fund +1.3%; buffer Floor; cap +7.3%; Full floor. Figures to Oct 9, 2026.

Figures to Oct 9, 2026.

These are two different products. JULM is a floor fund, which caps how far a holder can fall. AUGT 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

JULM resets first, on Jul 16, 2027, 280 days from now; AUGT runs to Jul 31, 2027, 295 days. AUGT can still gain 12.8% before its cap, JULM 5.1%. A fall from here reaches AUGT’s buffer after 3.8% and JULM’s after 2.1%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

	Total return		Gap to the reference's price return
Window	AUGT	JULM	AUGT	JULM
3 months	+3.7%	+1.3%	+0.6 pts	−1.8 pts
6 months	+10.6%	+3.5%	−4.0 pts	−11.0 pts
1 year	+13.6%	+5.7%	−2.4 pts	−10.3 pts
3 years	+64.2%	not published	−14.9 pts	not published

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. 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

JULM

FT Vest U.S. Equity Max Buffer ETF - July · Absorbs the whole loss on SPY and caps the gain at 7.3%, over a period ending Jul 16, 2027

Issuer AllianzIM First Trust

Reference index SPY SPY

Buffer 10% 100%

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

Days left 295 280

Starting cap +17.1% +7.3%

Can still gain 12.8% 5.1%

Fall before buffer 3.8% 2.1%

Protection left, index points 10.0% of 10.0% 100.0% of 100.0%

Index return this period +4.2% +4.8%

Fund return this period +3.2% +1.3%

State today Open Open

Expense ratio 0.74% 0.85%

Net assets, AUGT as of Oct 8, 2026 and JULM as of Oct 9, 2026 $36m $36m

As of Oct 9, 2026. Source: ETFIQ.

AUGT in plain words

From its price on Oct 9, 2026, the fund can gain about 12.8% more before it reaches its cap. The fund's price can fall 3.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.0% 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. 295 days remained on Oct 9, 2026. On Jul 31, 2027 the period ends and a new cap is set.

JULM in plain words

From its price on Oct 9, 2026, the fund can gain about 5.1% more before it reaches its cap. The fund's price can fall 2.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.5% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 280 days remained on Oct 9, 2026. On Jul 16, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, AUGT or JULM?: From their prices on Oct 9, 2026, AUGT can gain about 12.8% before its cap and JULM about 5.1%, so AUGT has more room left this period.
Which resets first, AUGT or JULM?: AUGT ends its outcome period on Jul 31, 2027 and JULM on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, AUGT or JULM?: AUGT charges 0.74% a year and JULM charges 0.85%, so AUGT is cheaper. Fees come from each fund's prospectus.

Other comparisons

AUGT vs CPSA AUGT vs CPSJ AUGT vs DDFG AUGT vs AUGW JULM vs DJUL JULM vs PAUG JULM vs FJUL JULM vs PBAU

SPDR® S&P 500® ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →AUGT on its own →JULM on its own →How every figure is computed →Standards and sources →

Where these figures came from

AUGT filings on SEC EDGAR ↗AllianzIM page for AUGT ↗JULM filings on SEC EDGAR ↗First Trust page for JULM ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

ETFIQ calculates every figure 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 figure is an ETFIQ calculation with distributions reinvested.

Cite this page

ETFIQ, AUGT against JULM, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/augt-vs-julm

Open data

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