BJUL vs DJUN: Cap, Buffer & Days Left

As of Oct 9, 2026 DJUN can fall 8.5% before its buffer engages and BJUL 3.7%, and DJUN resets 13 days sooner. Net assets on Oct 9, 2026: $363m for Innovator U.S. Equity Buffer ETF - Jul and $369m for FT Vest U.S. Equity Deep Buffer ETF - June.

BJUL costs 0.06 points a year less; their one-year returns differ by 4.1 points.

BJULDJUN
Expense ratio0.79%0.85%
Net assets$363m$369m
Total return, 1 year+12.9%+8.8%
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer4.1%8.9%
3.7%
BJUL can fall this far before its buffer
8.5%
DJUN can fall this far before its buffer
13.8%
BJUL can still gain
9.6%
DJUN can still gain
BJULBetween buffer and cap
Between buffer and capBJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.9 pts of buffer+4.3%+13.9% more to the cap−9.0% floor0% period start+18.1% capTODAY · SPY +4.3%Between buffer and capBJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.−9.0% floor0% start+18.1% cap9 pts of buffer+4.3% gain captured+13.9% more to the capTODAY · SPY +4.3%

BJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.

BJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 9, 2026.

DJUNBetween buffer and cap
Between buffer and capDJUN: reference +4.3% since period start, fund +2.9%; buffer −5 to −30; cap +13.6%; Between buffer and cap. Figures to Oct 9, 2026.25 pts of buffer+4.3%+9.3% to cap−30.0% floor−5.0% buffer start0% period start+13.6% capfirst 5 pts are yours to loseTODAY · SPY +4.3%Between buffer and capDJUN: reference +4.3% since period start, fund +2.9%; buffer −5 to −30; cap +13.6%; Between buffer and cap. Figures to Oct 9, 2026.25 pts of buffer−30.0% floor−5.0% buffer start0% start+13.6% capfirst 5 pts are yours to lose+4.3% gain captured+9.3% more to the capTODAY · SPY +4.3%

DJUN: reference +4.3% since period start, fund +2.9%; buffer −5 to −30; cap +13.6%; Between buffer and cap. Figures to Oct 9, 2026.

DJUN: reference +4.3% since period start, fund +2.9%; buffer −5 to −30; cap +13.6%; Between buffer and cap. Figures to Oct 9, 2026.

ETFIQ Downside Cover Score · DJUN 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

DJUN resets first, on Jun 17, 2027, 251 days from now; BJUL runs to Jun 30, 2027, 264 days. BJUL can still gain 13.8% before its cap, DJUN 9.6%. A fall from here reaches BJUL’s buffer after 3.7% and DJUN’s after 8.5%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Total returnGap to the reference's price return
WindowBJULDJUNBJULDJUN
3 months+2.8%+2.2%−0.4 pts−0.9 pts
6 months+9.6%+5.4%−5.0 pts−9.2 pts
1 year+12.9%+8.8%−3.1 pts−7.2 pts
3 years+61.2%+41.8%−17.9 pts−37.4 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BJUL
Innovator U.S. Equity Buffer ETF - Jul · Absorbs the first 9% of loss on SPY and caps the gain at 18.1%, over a period ending Jun 30, 2027
DJUN
FT Vest U.S. Equity Deep Buffer ETF - June · Absorbs losses from 5.0% to 30.0% on SPY and caps the gain at 13.6%, over a period ending Jun 17, 2027
Reference index SPY SPY
Buffer 9% 5% to 30%
Outcome period Jun 30, 2026 to Jun 30, 2027 Jun 22, 2026 to Jun 17, 2027
Days left 264 251
Starting cap +18.1% +13.6%
Can still gain 13.8% 9.6%
Fall before buffer 3.7% 8.5%
Protection left, index points 9.0% of 9.0% 25.0% of 25.0%
Index return this period +4.3% +4.3%
Fund return this period +3.6% +2.9%
State today Open Open
Expense ratio 0.79% 0.85%
Net assets $363m $369m

As of Oct 9, 2026. Source: ETFIQ.

BJUL in plain words

From its price on Oct 9, 2026, the fund can gain about 13.8% more before it reaches its cap. The fund's price can fall 3.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.1% 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. 264 days remained on Oct 9, 2026. On Jun 30, 2027 the period ends and a new cap is set.

DJUN in plain words

From its price on Oct 9, 2026, the fund can gain about 9.6% more before it reaches its cap. The fund's price can fall 8.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 8.9% 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. 251 days remained on Oct 9, 2026. On Jun 17, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, BJUL or DJUN?
From their prices on Oct 9, 2026, BJUL can gain about 13.8% before its cap and DJUN about 9.6%, so BJUL has more room left this period.
Which resets first, BJUL or DJUN?
BJUL ends its outcome period on Jun 30, 2027 and DJUN on Jun 17, 2027. A new cap is set the day after each.
Which is cheaper, BJUL or DJUN?
BJUL charges 0.79% a year and DJUN charges 0.85%, so BJUL 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, BJUL against DJUN, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/bjul-vs-djun

Open data

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