AUGW vs CAUG: Cap, Buffer & Days Left

As of Oct 9, 2026 AUGW can fall 3.0% before its buffer engages and CAUG 2.7%. Net assets: $128m on Oct 8, 2026 for AllianzIM U.S. Equity Buffer20 ETF - Aug, and $1m on Oct 9, 2026 for Corgi U.S. Equities 15% Structured Buffer ETF - August Series.

CAUG costs 0.44 points a year less.

AUGWCAUG
Expense ratio0.74%0.30%
Net assets, AUGW as of Oct 8, 2026 and CAUG as of Oct 9, 2026$128m$1m
Total return, 1 year+9.7%not published
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer4.0%2.7%
AUGWBetween buffer and cap
Between buffer and capAUGW: reference +4.2% since period start, fund +2.3%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 9, 2026.20 pts of buffer+4.2%+7.9% to cap−20.0% floor0% period start+12.1% capTODAY · SPY +4.2%Between buffer and capAUGW: reference +4.2% since period start, fund +2.3%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 9, 2026.20 pts of buffer−20.0% floor0% start+12.1% cap+4.2% gain captured+7.9% more to the capTODAY · SPY +4.2%

AUGW: reference +4.2% since period start, fund +2.3%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 9, 2026.

AUGW: reference +4.2% since period start, fund +2.3%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 9, 2026.

CAUGBetween buffer and cap
Between buffer and capCAUG: reference +2.8% since period start, fund +2.5%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Figures to Oct 9, 2026.15 pts of buffer+2.8%+12.2% more to the cap−15.0% floor0% period start+15.0% capTODAY · SPY +2.8%Between buffer and capCAUG: reference +2.8% since period start, fund +2.5%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Figures to Oct 9, 2026.15 pts−15.0% floor0% start+15.0% cap+2.8% gain captured+12.2% more to the capTODAY · SPY +2.8%

CAUG: reference +2.8% since period start, fund +2.5%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Figures to Oct 9, 2026.

CAUG: reference +2.8% since period start, fund +2.5%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Figures to Oct 9, 2026.

ETFIQ Downside Cover Score · AUGW 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 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

AUGW resets first, on Jul 31, 2027, 295 days from now; CAUG runs to Jul 31, 2027, 295 days. A fall from here reaches AUGW’s buffer after 3.0% and CAUG’s after 2.7%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Total returnGap to the reference
WindowAUGWCAUGAUGWCAUG
3 months+2.7%not published−0.4 ptsnot published
6 months+6.8%not published−7.8 ptsnot published
1 year+9.7%not published−6.3 ptsnot published
3 years+43.4%not published−35.8 ptsnot published

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AUGW
AllianzIM U.S. Equity Buffer20 ETF - Aug · Absorbs the first 20% of loss on SPY and caps the gain at 12.1%, over a period ending Jul 31, 2027
CAUG
Corgi U.S. Equities 15% Structured Buffer ETF - August Series · Absorbs the first 15% of loss on SPY and caps the gain at 15.0%, over a period ending Jul 31, 2027
Reference index SPY SPY
Buffer 20% 15%
Outcome period Aug 1, 2026 to Jul 31, 2027 Aug 1, 2026 to Jul 31, 2027
Days left 295 295
Starting cap +12.1% +15.0%
Can still gain 8.8% not published
Fall before buffer 3.0% 2.7%
Protection left, index points 20.0% of 20.0% 15.0% of 15.0%
Index return this period +4.2% +2.8%
Fund return this period +2.3% +2.5%
State today Open Open
Expense ratio 0.74% 0.30%
Net assets, AUGW as of Oct 8, 2026 and CAUG as of Oct 9, 2026 $128m $1m

As of Oct 9, 2026. Source: ETFIQ.

AUGW in plain words

From its price on Oct 9, 2026, the fund can gain about 8.8% more before it reaches its cap. The fund's price can fall 3.0% 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: 20.0% of the 20.0% 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.

CAUG in plain words

The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.7% 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.

Questions people ask

Which resets first, AUGW or CAUG?
AUGW ends its outcome period on Jul 31, 2027 and CAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, AUGW or CAUG?
AUGW charges 0.74% a year and CAUG charges 0.30%, so CAUG is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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 page

ETFIQ, AUGW against CAUG, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/augw-vs-caug

Open data

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