BJUL vs HJLY: Cap, Buffer & Days Left
As of Oct 9, 2026 HJLY can fall 4.2% before its buffer engages and BJUL 3.7%. Net assets on Oct 9, 2026: $363m for Innovator U.S. Equity Buffer ETF - Jul and $1m for Corgi U.S. Equities 100% Structured Buffer ETF - July Series.
HJLY costs 0.49 points a year less; BJUL is far larger, $363m against $1m.
| BJUL | HJLY | |
|---|---|---|
| Expense ratio | 0.79% | 0.30% |
| Net assets | $363m | $1m |
| Total return, 1 year | +12.9% | not published |
| What it tracks | SPY | SPY |
| Holdings in common | not published | |
| Index fall to the buffer | 4.1% | 4.2% |
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.
HJLY: reference +4.4% since period start, fund +2.2%; buffer Floor; cap +9.0%; Full floor. Figures to Oct 9, 2026.
Figures to Oct 9, 2026.
These are two different products. HJLY is a floor fund, which caps how far a holder can fall. BJUL 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
BJUL resets first, on Jun 30, 2027, 264 days from now; HJLY runs to Jun 30, 2027, 264 days. A fall from here reaches BJUL’s buffer after 3.7% and HJLY’s after 4.2%. Both track SPY, so what separates them is where each is in its own period.
Performance, window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | BJUL | HJLY | BJUL | HJLY |
| 3 months | +2.8% | +1.3% | −0.4 pts | −1.8 pts |
| 6 months | +9.6% | not published | −5.0 pts | not published |
| 1 year | +12.9% | not published | −3.1 pts | not published |
| 3 years | +61.2% | not published | −17.9 pts | not published |
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
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.
HJLY in plain words
The fund's price can fall 4.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.2% 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.
Questions people ask
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
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.
ETFIQ, BJUL against HJLY, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/bjul-vs-hjly
ETFIQ. (Oct 9, 2026). BJUL against HJLY. Retrieved from https://etfiq.com/compare/buffer/bjul-vs-hjly
[BJUL against HJLY (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/buffer/bjul-vs-hjly)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.