Which has more room to gain, BJUL or JULT?

From their prices on Nov 4, 2026, BJUL can gain about 14.8% before its cap and JULT about 13.6%, so BJUL has more room left this period.

Which resets first, BJUL or JULT?

BJUL ends its outcome period on Jun 30, 2027 and JULT on Jun 30, 2027. A new cap is set the day after each.

Which is cheaper, BJUL or JULT?

BJUL charges 0.79% a year and JULT charges 0.74%, so JULT is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

BJUL vs JULT: Cap, Buffer & Days Left

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As of Nov 4, 2026 JULT can fall 3.3% before its buffer engages and BJUL 2.9%.

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Net assets: $361m on Nov 4, 2026 for Innovator U.S. Equity Buffer ETF - Jul, and $57m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Jul.

BJUL on its own →JULT on its own →

At a glance

2.9%

BJUL can fall this far before its buffer

3.3%

JULT can fall this far before its buffer

14.8%

BJUL can still gain

13.6%

JULT can still gain

BJUL Between buffer and cap

BJUL: reference +2.6% since period start, fund +2.6%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Data to Nov 4, 2026.

JULT Between buffer and cap

JULT: reference +2.7% since period start, fund +2.6%; buffer 0 to −10; cap +17.3%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

JULT costs 0.05 points a year less; their one-year returns differ by 0.3 points; BJUL is 6.2 times larger.

Points (pts) are percentage points.

BJUL vs JULT: Cap, Buffer & Days Left
Measure	BJUL	JULT
Return
Measure	BJUL	JULT
Total return, 1 year	+11.6%	+11.3%
Drawdown
Measure	BJUL	JULT
Index fall to the buffer	2.6%
Benchmark
Measure	BJUL	JULT
What it tracks	SPY	SPY
Cost and size
Measure	BJUL	JULT
Expense ratio	0.79%	0.74%
Net assets, as of Nov 3, 2026	$356m	$57m
Holdings
Measure	BJUL	JULT
Holdings in common	not published

ETFIQ Downside Cover Score · JULT scores higher If the market falls into a bear market from here, how much does the buffer absorb?

IQ Buffer Score20.5BJUL38.7JULT

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

BJUL 20.5

JULT 38.7

0.3, the lowest in this set 99.7, the highest

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 →

Method

Window by window

Window by window: BJUL vs JULT: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BJUL	JULT	BJUL	JULT
3 months	+0.3%	+0.5%	+0.7 pts	+0.9 pts
6 months	+4.7%	+4.5%	+0.2 pts	0.0 pts
1 year	+11.6%	+11.3%	−1.9 pts	−2.3 pts
3 years	+59.5%	+56.7%	−16.9 pts	−19.7 pts
Since launchNot the same days: BJUL Aug 2018 · JULT Jul 2020	+117.4%	+102.8%	−45.7 pts	−44.1 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →

Side by side

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 JULT AllianzIM U.S. Equity Buffer10 ETF - Jul · Absorbs the first 10% of loss on SPY and caps the gain at 17.3%, over a period ending Jun 30, 2027

Issuer Innovator AllianzIM

Reference index SPY SPY

Buffer 9% 10%

Outcome period Jun 30, 2026 to Jun 30, 2027 Jul 1, 2026 to Jun 30, 2027

Days left 238 238

Starting cap +18.1% +17.3%

Can still gain 14.8% 13.6%

Fall before buffer 2.9% 3.3%

Protection left, index points 9.0% of 9.0% 10.0% of 10.0%

Index return this period +2.6% +2.7%

Fund return this period +2.6% +2.6%

State today Open Open

Expense ratio 0.79% 0.74%

Net assets, BJUL as of Nov 4, 2026 and JULT as of Nov 3, 2026 $361m $57m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

BJUL resets first, on Jun 30, 2027, 238 days from now; JULT runs to Jun 30, 2027, 238 days. BJUL can still gain 14.8% before its cap, JULT 13.6%. A fall from here reaches BJUL’s buffer after 2.9% and JULT’s after 3.3%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

BJUL

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 2.9% 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: 9.0% of the 9.0% buffer still sits below today's SPY level. 238 days remained on Nov 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.

JULT

From its price on Nov 4, 2026, the fund can gain about 13.6% 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 number. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, BJUL or JULT?: From their prices on Nov 4, 2026, BJUL can gain about 14.8% before its cap and JULT about 13.6%, so BJUL has more room left this period.
Which resets first, BJUL or JULT?: BJUL ends its outcome period on Jun 30, 2027 and JULT on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, BJUL or JULT?: BJUL charges 0.79% a year and JULT charges 0.74%, so JULT is cheaper. Fees come from each fund's prospectus.

Other comparisons

BJUL vs PSEP BJUL vs FOCT BJUL vs PJUL BJUL vs FAPR JULT vs DJUN JULT vs UJUL JULT vs GJUN JULT vs JULW

Where to next

SPY →BJUL on its own →JULT on its own →Method →Standards and sources →

Sources and dates

BJUL filings on SEC EDGAR ↗

Innovator page for BJUL ↗

JULT filings on SEC EDGAR ↗

AllianzIM page for JULT ↗

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, BJUL against JULT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/bjul-vs-jult

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