Data as of Nov 4, 2026.
AUGW vs JULM: Cap, Buffer & Days Left
As of Nov 4, 2026 AUGW can fall 2.7% before its buffer engages and JULM 2.2%, and JULM resets 15 days sooner.
askIQ about this page
askIQ about AUGW and JULM
Net assets on Nov 3, 2026: $127m for AllianzIM U.S. Equity Buffer20 ETF - Aug and $36m for FT Vest U.S. Equity Max Buffer ETF - July.
AUGW: reference +2.6% since period start, fund +2.0%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Data to Nov 4, 2026.
AUGW: reference +2.6% since period start, fund +2.0%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Data to Nov 4, 2026.JULM: reference +3.1% since period start, fund +1.4%; buffer Floor; cap +7.3%; Full floor. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
AUGW costs 0.11 points a year less; their one-year returns differ by 3.5 points; AUGW is 3.5 times larger.
Points (pts) are percentage points.
| Measure | AUGW | JULM |
|---|---|---|
| Return | ||
| Total return, 1 year | +9.0% | +5.5% |
| Drawdown | ||
| Index fall to the buffer | 2.6% | 3.1% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.74% | 0.85% |
| Net assets, as of Nov 3, 2026 | $127m | $36m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | AUGW | JULM | AUGW | JULM |
| 3 months | +0.8% | +0.6% | +1.2 pts | +1.0 pts |
| 6 months | +4.1% | +2.4% | −0.4 pts | −2.1 pts |
| 1 year | +9.0% | +5.5% | −4.5 pts | −8.1 pts |
| 3 years | +42.3% | – | −34.1 pts | – |
| Since launchNot the same days: AUGW Aug 2023 · JULM Jul 2024 | +39.7% | +15.8% | −28.3 pts | −26.7 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. JULM is a floor fund, which caps how far a holder can fall. AUGW 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
JULM resets first, on Jul 16, 2027, 254 days from now; AUGW runs to Jul 31, 2027, 269 days. AUGW can still gain 9.1% before its cap, JULM 5.1%. A fall from here reaches AUGW’s buffer after 2.7% and JULM’s after 2.2%. Both track SPY, so what separates them is where each is in its own period.
AUGW
From its price on Nov 4, 2026, the fund can gain about 9.1% more before it reaches its cap. The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 2.6% 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. 269 days remained on Nov 4, 2026. On Jul 31, 2027 the period ends and a new cap is set.
JULM
From its price on Nov 4, 2026, the fund can gain about 5.1% more before it reaches its cap. The fund's price can fall 2.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 3.1% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 254 days remained on Nov 4, 2026. On Jul 16, 2027 the period ends and a new cap is set.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
ETFIQ calculates every number 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 number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, AUGW against JULM, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/augw-vs-julm
ETFIQ. (Nov 4, 2026). AUGW against JULM. Retrieved from https://etfiq.com/compare/buffer/augw-vs-julm
[AUGW against JULM (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/augw-vs-julm)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.