Which has more room to gain, BJUL or JULT?

From their prices on Oct 9, 2026, BJUL can gain about 13.8% before its cap and JULT about 12.5%, 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.

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BJUL vs JULT: Cap, Buffer & Days Left

As of Oct 9, 2026 JULT can fall 4.2% before its buffer engages and BJUL 3.7%. Net assets: $363m on Oct 9, 2026 for Innovator U.S. Equity Buffer ETF - Jul, and $58m on Oct 8, 2026 for AllianzIM U.S. Equity Buffer10 ETF - Jul.

JULT costs 0.05 points a year less; their one-year returns differ by 0.5 points; BJUL is 6.2 times larger.

	BJUL	JULT
Expense ratio	0.79%	0.74%
Net assets, as of Oct 8, 2026	$361m	$58m
Total return, 1 year	+12.9%	+12.4%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	4.1%

3.7%

BJUL can fall this far before its buffer

4.2%

JULT can fall this far before its buffer

13.8%

BJUL can still gain

12.5%

JULT can still gain

BJULBetween buffer and cap

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.

JULTBetween buffer and cap

JULT: reference +4.3% since period start, fund +3.6%; buffer 0 to −10; cap +17.3%; Between buffer and cap. Figures to Oct 9, 2026.

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

BJUL 19.2

JULT 36.6

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

BJUL resets first, on Jun 30, 2027, 264 days from now; JULT runs to Jun 30, 2027, 264 days. BJUL can still gain 13.8% before its cap, JULT 12.5%. A fall from here reaches BJUL’s buffer after 3.7% and JULT’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	JULT	BJUL	JULT
3 months	+2.8%	+2.9%	−0.4 pts	−0.3 pts
6 months	+9.6%	+9.1%	−5.0 pts	−5.5 pts
1 year	+12.9%	+12.4%	−3.1 pts	−3.6 pts
3 years	+61.2%	+58.2%	−17.9 pts	−21.0 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

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 264 264

Starting cap +18.1% +17.3%

Can still gain 13.8% 12.5%

Fall before buffer 3.7% 4.2%

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

Index return this period +4.3% +4.3%

Fund return this period +3.6% +3.6%

State today Open Open

Expense ratio 0.79% 0.74%

Net assets, BJUL as of Oct 9, 2026 and JULT as of Oct 8, 2026 $363m $58m

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.

JULT in plain words

From its price on Oct 9, 2026, the fund can gain about 12.5% more before it reaches its cap. The fund's price can fall 4.2% from here before the buffer starts absorbing losses, by the issuer's figure. 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 Oct 9, 2026, BJUL can gain about 13.8% before its cap and JULT about 12.5%, 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 FJUL BJUL vs PJAN BJUL vs FJUN BJUL vs FJAN JULT vs DJUN JULT vs UJUL JULT vs GJUN JULT vs JULW

SPY →BJUL on its own →JULT on its own →How every figure is computed →Standards and sources →

Where these figures came from

BJUL filings on SEC EDGAR ↗Innovator page for BJUL ↗JULT filings on SEC EDGAR ↗AllianzIM page for JULT ↗

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 JULT, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/bjul-vs-jult

Open data

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