Which has more room to gain, AUGT or UAUG?

From their prices on Oct 13, 2026, AUGT can gain about 12.8% before its cap and UAUG about 11.1%, so AUGT has more room left this period.

Which resets first, AUGT or UAUG?

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

Which is cheaper, AUGT or UAUG?

AUGT charges 0.74% a year and UAUG charges 0.79%, so AUGT is cheaper. Fees come from each fund's prospectus.

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AUGT vs UAUG: Cap, Buffer & Days Left

As of Oct 13, 2026 UAUG can fall 7.4% before its buffer engages and AUGT 3.8%. Net assets on Oct 12, 2026: $36m for AllianzIM U.S. Equity Buffer10 ETF - Aug and $248m for Innovator U.S. Equity Ultra Buffer ETF - Aug.

AUGT costs 0.05 points a year less; their one-year returns differ by 3.8 points; UAUG is 6.9 times larger.

Points (pts) are percentage points.

AUGT vs UAUG: Cap, Buffer & Days Left
	AUGT	UAUG
Expense ratio	0.74%	0.79%
Net assets, as of Oct 12, 2026	$36m	$248m
Total return, 1 year	+15.4%	+11.6%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	3.9%	8.7%

3.8%

AUGT can fall this far before its buffer

7.4%

UAUG can fall this far before its buffer

12.8%

AUGT can still gain

11.1%

UAUG can still gain

AUGTBetween buffer and cap

AUGT: reference +4.0% since period start, fund +3.1%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Figures to Oct 13, 2026.

UAUGBetween buffer and cap

UAUG: reference +4.1% since period start, fund +2.4%; buffer −5 to −35; cap +14.0%; Between buffer and cap. Figures to Oct 13, 2026.

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

AUGT 37.3

UAUG 64.2

0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. 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 → How it is computed →

Where each one stands today

AUGT resets first, on Jul 31, 2027, 291 days from now; UAUG runs to Jul 31, 2027, 291 days. AUGT can still gain 12.8% before its cap, UAUG 11.1%. A fall from here reaches AUGT’s buffer after 3.8% and UAUG’s after 7.4%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: AUGT vs UAUG: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	AUGT	UAUG	AUGT	UAUG
3 months	+3.8%	+3.0%	−0.1 pts	−0.9 pts
6 months	+9.8%	+7.2%	−3.6 pts	−6.2 pts
1 year	+15.4%	+11.6%	−3.8 pts	−7.6 pts
3 years	+65.0%	+50.6%	−15.3 pts	−29.7 pts
Since launch Not the same days: AUGT Aug 2023 · UAUG Aug 2019	+58.9%	+75.0%	−11.5 pts	−88.9 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open this comparison in the app →

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

UAUG

Innovator U.S. Equity Ultra Buffer ETF - Aug · Absorbs losses from 5.0% to 35.0% on SPY and caps the gain at 14.0%, over a period ending Jul 31, 2027

Issuer AllianzIM Innovator

Reference index SPY SPY

Buffer 10% 5% to 35%

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

Days left 291 291

Starting cap +17.1% +14.0%

Can still gain 12.8% 11.1%

Fall before buffer 3.8% 7.4%

Protection left, index points 10.0% of 10.0% 30.0% of 30.0%

Index return this period +4.0% +4.1%

Fund return this period +3.1% +2.4%

State today Open Open

Expense ratio 0.74% 0.79%

Net assets, as of Oct 12, 2026 $36m $248m

As of Oct 13, 2026. Source: ETFIQ.

About AUGT

From its price on Oct 13, 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 3.9% 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. 291 days remained on Oct 13, 2026. On Jul 31, 2027 the period ends and a new cap is set.

About UAUG

From its price on Oct 13, 2026, the fund can gain about 11.1% more before it reaches its cap. The fund's price can fall 7.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 8.7% from today's level to the point where the buffer begins. Protection left, in index points: 30.0% of the 30.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, AUGT or UAUG?: From their prices on Oct 13, 2026, AUGT can gain about 12.8% before its cap and UAUG about 11.1%, so AUGT has more room left this period.
Which resets first, AUGT or UAUG?: AUGT ends its outcome period on Jul 31, 2027 and UAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, AUGT or UAUG?: AUGT charges 0.74% a year and UAUG charges 0.79%, so AUGT is cheaper. Fees come from each fund's prospectus.

Other comparisons

AUGT vs PMAU AUGT vs BAUG AUGT vs ZAUG AUGT vs GJUL UAUG vs BAUG UAUG vs DJUL UAUG vs PAUG UAUG vs FJUL

SPDR® S&P 500® ETF Trust →AUGT on its own →UAUG 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 ↗UAUG filings on SEC EDGAR ↗Innovator page for UAUG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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 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 pageCitation, APA and Markdown

ETFIQ, AUGT against UAUG, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/augt-vs-uaug

Open data

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