Data as of .
BJUN vs JNEU: which one stands where?
As of Sep 21, 2026 BJUN can fall 2.6% before its buffer engages and JNEU 1.8%, and JNEU resets 2 days sooner.
ETFIQ Downside Cover Score: JNEU scores higher
If the market falls into a bear market from here, how much does the buffer absorb?
A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it · How it is computed
Where each one stands today
JNEU resets first, on May 31, 2027, 250 days from now; BJUN runs to May 31, 2027, 252 days. A fall from here reaches BJUN’s buffer after 2.6% and JNEU’s after 1.8%. Both track SPY, so what separates them is where each is in its own period.
Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.
Performance, window by window
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| BJUN | JNEU | BJUN | JNEU | |
| 3 months | +1.9% | +0.8% | −0.4 pts | −1.4 pts |
| 6 months | +7.7% | +15.1% | −10.3 pts | −2.9 pts |
| 1 year | +8.8% | +12.6% | −7.8 pts | −4.0 pts |
| 3 years | +47.1% | not published | −31.3 pts | not published |
| BJUN Innovator U.S. Equity Buffer ETF - Jun Absorbs the first 9% of loss on SPY and caps the gain at 18.1%, over a period ending May 31, 2027 | JNEU AllianzIM U.S. Equity Buffer15 Uncapped ETF - Jun Absorbs the first 15% of loss on SPY and does not cap the gain, over a period ending May 31, 2027 | |
|---|---|---|
| Issuer | Innovator | AllianzIM |
| Reference index | SPY | SPY |
| Buffer | 9% | 15% |
| Outcome period | May 31, 2026 to May 31, 2027 | Jun 1, 2026 to May 31, 2027 |
| Days left | 252 | 250 |
| Starting cap | +18.1% | uncapped |
| Can still gain | 15.0% | uncapped |
| Fall before buffer | 2.6% | 1.8% |
| Protection left, index points | 9.0% of 9.0% | 15.0% of 15.0% |
| Index return this period | +2.3% | +2.3% |
| Fund return this period | +2.5% | +1.1% |
| State today | Open | Uncapped |
| Expense ratio | 0.79% | 0.74% |
| Net assets | $242m | $41m |
BJUN in plain words
From its price on Sep 21, 2026, the fund can gain about 15.0% 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 figure. In index terms, SPY can fall 2.3% 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. 252 days remained on Sep 21, 2026. On May 31, 2027 the period ends and a new cap is set.
JNEU in plain words
This fund has no cap. It takes a share of any further rise in SPY. The fund's price can fall 1.8% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 250 days remained on Sep 21, 2026.
Questions people ask
- Which resets first, BJUN or JNEU?
- BJUN ends its outcome period on May 31, 2027 and JNEU on May 31, 2027. A new cap is set the day after each.
- Which is cheaper, BJUN or JNEU?
- BJUN charges 0.79% a year and JNEU charges 0.74%, so JNEU is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BJUN against JNEU, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/bjun-vs-jneu Free to use with attribution; the underlying files are at Open data.