AUGW vs DJUL: which one stands where?

As of Oct 2, 2026 DJUL can fall 7.9% before its buffer engages and AUGW 2.5%, and DJUL resets 14 days sooner. AllianzIM U.S. Equity Buffer20 ETF - Aug and FT Vest U.S. Equity Deep Buffer ETF - July.

AUGW costs 0.11 points a year less; their one-year returns differ by 1.0 point; DJUL is 3.8 times larger.

AUGWDJUL
Expense ratio0.74%0.85%
Net assets$127m$487m
Total return, 1 year+8.9%+9.9%
What it tracksSPYSPY
Holdings in commonnot published
2.5%
AUGW can fall this far before its buffer
7.9%
DJUL can fall this far before its buffer
9.4%
AUGW can still gain
10.3%
DJUL can still gain
AUGWBetween buffer and cap
Between buffer and capAUGW: reference +3.0% since period start, fund +1.8%; buffer 0 to −20; cap +12.1%; Between buffer and cap.20 pts of buffer+3%+9.1% to cap−20.0% floor0% period start+12.1% capTODAY · SPY +3.0%Between buffer and capAUGW: reference +3.0% since period start, fund +1.8%; buffer 0 to −20; cap +12.1%; Between buffer and cap.20 pts−20.0% floor0% start+12.1% capTODAY · SPY +3.0%

AUGW: reference +3.0% since period start, fund +1.8%; buffer 0 to −20; cap +12.1%; Between buffer and cap.

DJULBetween buffer and cap
Between buffer and capDJUL: reference +3.5% since period start, fund +2.2%; buffer −5 to −30; cap +13.6%; Between buffer and cap.25 pts of buffer+3.5%+10.1% to cap−30.0% floor−5.0% buffer start0% period start+13.6% capTODAY · SPY +3.5%Between buffer and capDJUL: reference +3.5% since period start, fund +2.2%; buffer −5 to −30; cap +13.6%; Between buffer and cap.25 pts of buffer−30.0% floor−5.0% buffer start0% start+13.6% capTODAY · SPY +3.5%

DJUL: reference +3.5% since period start, fund +2.2%; buffer −5 to −30; cap +13.6%; Between buffer and cap.

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 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

DJUL resets first, on Jul 16, 2027, 287 days from now; AUGW runs to Jul 31, 2027, 301 days. AUGW can still gain 9.4% before its cap, DJUL 10.3%. A fall from here reaches AUGW’s buffer after 2.5% and DJUL’s after 7.9%. 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
WindowAUGWDJULAUGWDJUL
3 months+2.3%+2.5%−1.3 pts−1.1 pts
6 months+7.8%+9.3%−10.1 pts−8.7 pts
1 year+8.9%+9.9%−7.3 pts−6.3 pts
3 years+44.7%+52.4%−44.6 pts−36.9 pts

AUGW and DJUL over each window. Every figure is an ETFIQ calculation with distributions reinvested. 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
DJUL
FT Vest U.S. Equity Deep Buffer ETF - July · Absorbs losses from 5.0% to 30.0% on SPY and caps the gain at 13.6%, over a period ending Jul 16, 2027
Issuer AllianzIM First Trust
Reference index SPY SPY
Buffer 20% 5% to 30%
Outcome period Aug 1, 2026 to Jul 31, 2027 Jul 20, 2026 to Jul 16, 2027
Days left 301 287
Starting cap +12.1% +13.6%
Can still gain 9.4% 10.3%
Fall before buffer 2.5% 7.9%
Protection left, index points 20.0% of 20.0% 25.0% of 25.0%
Index return this period +3.0% +3.5%
Fund return this period +1.8% +2.2%
State today Open Open
Expense ratio 0.74% 0.85%
Net assets $127m $487m

AUGW and DJUL on the same fields, as of Oct 2, 2026. Source: ETFIQ.

AUGW in plain words

From its price on Oct 2, 2026, the fund can gain about 9.4% 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. In index terms, SPY can fall 2.9% 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. 301 days remained on Oct 2, 2026. On Jul 31, 2027 the period ends and a new cap is set.

DJUL in plain words

From its price on Oct 2, 2026, the fund can gain about 10.3% more before it reaches its cap. The fund's price can fall 7.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 8.3% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 287 days remained on Oct 2, 2026. On Jul 16, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, AUGW or DJUL?
From their prices on Oct 2, 2026, AUGW can gain about 9.4% before its cap and DJUL about 10.3%, so DJUL has more room left this period.
Which resets first, AUGW or DJUL?
AUGW ends its outcome period on Jul 31, 2027 and DJUL on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, AUGW or DJUL?
AUGW charges 0.74% a year and DJUL charges 0.85%, so AUGW is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, AUGW against DJUL, data as of Oct 2, 2026. https://etfiq.com/compare/buffer/augw-vs-djul

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.