Data as of Nov 4, 2026.
BAUG vs CAUG: Cap, Buffer & Days Left
BAUG can fall 2.6% before its buffer engages as of Nov 4, 2026, and CAUG 0.0% as of Nov 3, 2026.
askIQ about this page
askIQ about BAUG and CAUG
Net assets on Nov 4, 2026: $270m for Innovator U.S. Equity Buffer ETF - Aug and $1.1m for Corgi U.S. Equities 15% Structured Buffer ETF - August Series.
BAUG: reference +2.6% since period start, fund +2.4%; buffer 0 to −9; cap +17.8%; Between buffer and cap. Data to Nov 4, 2026.
BAUG: reference +2.6% since period start, fund +2.4%; buffer 0 to −9; cap +17.8%; Between buffer and cap. Data to Nov 4, 2026.CAUG: reference −0.4% since period start, fund +0.7%; buffer 0 to −15; cap +15.0%; Buffer working. Data to Nov 3, 2026.
CAUG: reference −0.4% since period start, fund +0.7%; buffer 0 to −15; cap +15.0%; Buffer working. Data to Nov 3, 2026.Pair scorecard
CAUG costs 0.49 points a year less; BAUG is far larger, $270m against $1.1m.
Points (pts) are percentage points.
| Measure | BAUG | CAUG |
|---|---|---|
| Return | ||
| Total return, 1 year | +12.9% | not published |
| Drawdown | ||
| Index fall to the buffer | 2.5% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.30% |
| Net assets | $270m | $1.1m |
| Holdings | ||
| Holdings in common | not published | |
How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed
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 →
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | BAUG | CAUG | BAUG | CAUG |
| 3 months | +0.5% | +0.6% | +0.9 pts | +1.0 pts |
| 6 months | +5.7% | – | +1.2 pts | – |
| 1 year | +12.9% | – | −0.7 pts | – |
| 3 years | +66.1% | – | −10.4 pts | – |
| Since launchNot the same days: BAUG Aug 2019 · CAUG Aug 2026 | +122.4% | +0.7% | −37.7 pts | +1.3 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.
Where each one stands today
BAUG resets first, on Jul 31, 2027, 269 days from now; CAUG runs to Jul 31, 2027, 270 days. A fall from here reaches BAUG’s buffer after 2.6% and CAUG’s after 0.0%. Both track SPY, so what separates them is where each is in its own period.
BAUG
From its price on Nov 4, 2026, the fund can gain about 14.8% more before it reaches its cap. The fund's price can fall 2.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 2.5% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% 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.
CAUG
Protection left, in index points: 14.6% of the 15.0% buffer still sits below today's SPY level. 270 days remained on Nov 3, 2026.
Questions people ask
Links are sources, not endorsements. 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 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, BAUG against CAUG, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/baug-vs-caug
ETFIQ. (Nov 4, 2026). BAUG against CAUG. Retrieved from https://etfiq.com/compare/buffer/baug-vs-caug
[BAUG against CAUG (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/baug-vs-caug)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.