Which has more room to gain, AUGT or XJUL?

From their prices on Oct 13, 2026, AUGT can gain about 12.8% before its cap and XJUL about 7.3%, so AUGT has more room left this period.

Which resets first, AUGT or XJUL?

AUGT 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, AUGT or XJUL?

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

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AUGT vs XJUL: Cap, Buffer & Days Left

As of Oct 13, 2026 AUGT can fall 3.8% before its buffer engages and XJUL 3.8%, and XJUL resets 15 days sooner. Net assets on Oct 13, 2026: $36m for AllianzIM U.S. Equity Buffer10 ETF - Aug and $42m for FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July.

AUGT costs 0.11 points a year less; their one-year returns differ by 4.7 points; XJUL is 1.2 times larger.

Points (pts) are percentage points.

AUGT vs XJUL: Cap, Buffer & Days Left
	AUGT	XJUL
Expense ratio	0.74%	0.85%
Net assets	$36m	$42m
Total return, 1 year	+14.3%	+9.6%
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

3.8%

XJUL can fall this far before its buffer

12.8%

AUGT can still gain

7.3%

XJUL 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 13, 2026.

XJULBetween buffer and cap

XJUL: reference +4.7% since period start, fund +3.0%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Figures to Oct 13, 2026.

These are two different products. XJUL 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

XJUL resets first, on Jul 16, 2027, 276 days from now; AUGT runs to Jul 31, 2027, 291 days. AUGT can still gain 12.8% before its cap, XJUL 7.3%. A fall from here reaches AUGT’s buffer after 3.8% and XJUL’s after 3.8%. 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 XJUL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	AUGT	XJUL	AUGT	XJUL
3 months	+3.7%	+3.0%	+0.3 pts	−0.5 pts
6 months	+9.1%	+5.4%	−2.9 pts	−6.6 pts
1 year	+14.3%	+9.6%	−3.1 pts	−7.7 pts
3 years	+65.0%	+38.3%	−15.3 pts	−42.0 pts
Since launch Not the same days: AUGT Aug 2023 · XJUL Jul 2023	+58.9%	+36.3%	−11.5 pts	−35.0 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

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 AllianzIM First Trust

Reference index SPY SPY

Buffer 10% 15%

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

Days left 291 276

Starting cap +17.1% +11.4%

Can still gain 12.8% 7.3%

Fall before buffer 3.8% 3.8%

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

Index return this period +4.2% +4.7%

Fund return this period +3.2% +3.0%

State today Open Open

Expense ratio 0.74% 0.85%

Net assets $36m $42m

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

About XJUL

From its price on Oct 13, 2026, the fund can gain about 7.3% more before it reaches its cap. In index terms, SPY can fall 4.5% 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. 276 days remained on Oct 13, 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 XJUL?: From their prices on Oct 13, 2026, AUGT can gain about 12.8% before its cap and XJUL about 7.3%, so AUGT has more room left this period.
Which resets first, AUGT or XJUL?: AUGT 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, AUGT or XJUL?: AUGT charges 0.74% a year and XJUL charges 0.85%, so AUGT is cheaper. Fees come from each fund's prospectus.

Other comparisons

AUGT vs AUGU AUGT vs PBAU AUGT vs JULM AUGT vs CPSA XJUL vs DJUL XJUL vs PAUG XJUL vs FJUL XJUL vs AUGU

SPDR® S&P 500® ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →AUGT on its own →XJUL 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 ↗XJUL filings on SEC EDGAR ↗First Trust page for XJUL ↗

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 pageCitation, APA and Markdown

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

Open data

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