Data as of .
AUGW vs GJUL: which one stands where?
As of Sep 21, 2026 GJUL can fall 3.3% before its buffer engages and AUGW 2.4%, and GJUL resets 15 days sooner.
ETFIQ Downside Cover Score: AUGW scores higher
If the market falls into a bear market from here, how much does the buffer absorb?
A percentile among the 293 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
GJUL resets first, on Jul 16, 2027, 298 days from now; AUGW runs to Jul 31, 2027, 313 days. AUGW can still gain 9.5% before its cap, GJUL 10.2%. A fall from here reaches AUGW’s buffer after 2.4% and GJUL’s after 3.3%. 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| AUGW | GJUL | AUGW | GJUL | |
| 3 months | +2.1% | +2.5% | −0.1 pts | +0.2 pts |
| 6 months | +8.1% | +9.3% | −9.9 pts | −8.7 pts |
| 1 year | +8.8% | +10.0% | −7.8 pts | −6.5 pts |
| 3 years | +40.3% | +45.5% | −38.1 pts | −32.9 pts |
| 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 | GJUL FT Vest U.S. Equity Moderate Buffer ETF - July Absorbs the first 15% of loss on SPY and caps the gain at 13.8%, over a period ending Jul 16, 2027 | |
|---|---|---|
| Issuer | AllianzIM | First Trust |
| Reference index | SPY | SPY |
| Buffer | 20% | 15% |
| Outcome period | Aug 1, 2026 to Jul 31, 2027 | Jul 20, 2026 to Jul 16, 2027 |
| Days left | 313 | 298 |
| Starting cap | +12.1% | +13.8% |
| Can still gain | 9.5% | 10.2% |
| Fall before buffer | 2.4% | 3.3% |
| Protection left, index points | 20.0% of 20.0% | 15.0% of 15.0% |
| Index return this period | +3.6% | +4.1% |
| Fund return this period | +1.7% | +2.5% |
| State today | Open | Open |
| Expense ratio | 0.74% | 0.85% |
| Net assets | $127m | $414m |
AUGW in plain words
From its price on Sep 21, 2026, the fund can gain about 9.5% more before it reaches its cap. The fund's price can fall 2.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% 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. 313 days remained on Sep 21, 2026. On Jul 31, 2027 the period ends and a new cap is set.
GJUL in plain words
From its price on Sep 21, 2026, the fund can gain about 10.2% more before it reaches its cap. The fund's price can fall 3.3% 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: 15.0% of the 15.0% buffer still sits below today's SPY level. 298 days remained on Sep 21, 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 GJUL?
- From their prices on Sep 21, 2026, AUGW can gain about 9.5% before its cap and GJUL about 10.2%, so GJUL has more room left this period.
- Which resets first, AUGW or GJUL?
- AUGW ends its outcome period on Jul 31, 2027 and GJUL on Jul 16, 2027. A new cap is set the day after each.
- Which is cheaper, AUGW or GJUL?
- AUGW charges 0.74% a year and GJUL charges 0.85%, so AUGW is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AUGW against GJUL, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/augw-vs-gjul Free to use with attribution; the underlying files are at Open data.