Which has more room to gain, BJUN or JUNW?

From their prices on Oct 13, 2026, BJUN can gain about 14.3% before its cap and JUNW about 8.5%, so BJUN has more room left this period.

Which resets first, BJUN or JUNW?

BJUN ends its outcome period on May 31, 2027 and JUNW on May 31, 2027. A new cap is set the day after each.

Which is cheaper, BJUN or JUNW?

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

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BJUN vs JUNW: Cap, Buffer & Days Left

As of Oct 13, 2026 JUNW can fall 3.3% before its buffer engages and BJUN 3.2%. Net assets on Oct 13, 2026: $246m for Innovator U.S. Equity Buffer ETF - Jun and $382m for AllianzIM U.S. Equity Buffer20 ETF - Jun.

JUNW costs 0.05 points a year less; their one-year returns differ by 2.6 points; JUNW is 1.6 times larger.

Points (pts) are percentage points.

BJUN vs JUNW: Cap, Buffer & Days Left
	BJUN	JUNW
Expense ratio	0.79%	0.74%
Net assets	$246m	$382m
Total return, 1 year	+10.3%	+7.7%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	2.8%

3.2%

BJUN can fall this far before its buffer

3.3%

JUNW can fall this far before its buffer

14.3%

BJUN can still gain

8.5%

JUNW can still gain

BJUNBetween buffer and cap

BJUN: reference +2.8% since period start, fund +3.0%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 13, 2026.

JUNWBetween buffer and cap

JUNW: reference +2.9% since period start, fund +2.6%; buffer 0 to −20; cap +12.0%; Between buffer and cap. Figures to Oct 13, 2026.

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

BJUN 20

JUNW 95.7

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

BJUN resets first, on May 31, 2027, 230 days from now; JUNW runs to May 31, 2027, 230 days. BJUN can still gain 14.3% before its cap, JUNW 8.5%. A fall from here reaches BJUN’s buffer after 3.2% and JUNW’s after 3.3%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: BJUN vs JUNW: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BJUN	JUNW	BJUN	JUNW
3 months	+2.8%	+2.3%	−0.7 pts	−1.2 pts
6 months	+4.8%	+3.5%	−7.2 pts	−8.5 pts
1 year	+10.3%	+7.7%	−7.0 pts	−9.7 pts
3 years	+52.2%	+37.4%	−28.1 pts	−42.9 pts
Since launch Not the same days: BJUN Jun 2019 · JUNW Jun 2023	+98.3%	+39.9%	−85.0 pts	−44.5 pts

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

On the same fields

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

JUNW

AllianzIM U.S. Equity Buffer20 ETF - Jun · Absorbs the first 20% of loss on SPY and caps the gain at 12.0%, over a period ending May 31, 2027

Issuer Innovator AllianzIM

Reference index SPY SPY

Buffer 9% 20%

Outcome period May 31, 2026 to May 31, 2027 Jun 1, 2026 to May 31, 2027

Days left 230 230

Starting cap +18.1% +12.0%

Can still gain 14.3% 8.5%

Fall before buffer 3.2% 3.3%

Protection left, index points 9.0% of 9.0% 20.0% of 20.0%

Index return this period +2.8% +2.9%

Fund return this period +3.0% +2.6%

State today Open Open

Expense ratio 0.79% 0.74%

Net assets $246m $382m

As of Oct 13, 2026. Source: ETFIQ.

About BJUN

From its price on Oct 13, 2026, the fund can gain about 14.3% more before it reaches its cap. The fund's price can fall 3.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.8% 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. 230 days remained on Oct 13, 2026. On May 31, 2027 the period ends and a new cap is set.

About JUNW

From its price on Oct 13, 2026, the fund can gain about 8.5% 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 figure. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, BJUN or JUNW?: From their prices on Oct 13, 2026, BJUN can gain about 14.3% before its cap and JUNW about 8.5%, so BJUN has more room left this period.
Which resets first, BJUN or JUNW?: BJUN ends its outcome period on May 31, 2027 and JUNW on May 31, 2027. A new cap is set the day after each.
Which is cheaper, BJUN or JUNW?: BJUN charges 0.79% a year and JUNW charges 0.74%, so JUNW is cheaper. Fees come from each fund's prospectus.

Other comparisons

BJUN vs FMAY BJUN vs JUNC BJUN vs DMAY BJUN vs GMAY JUNW vs UJUN JUNW vs ZJUN JUNW vs PBJN JUNW vs CPSM

SPY →BJUN on its own →JUNW on its own →How every figure is computed →Standards and sources →

Where these figures came from

BJUN filings on SEC EDGAR ↗Innovator page for BJUN ↗JUNW filings on SEC EDGAR ↗AllianzIM page for JUNW ↗

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 pageCitation, APA and Markdown

ETFIQ, BJUN against JUNW, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/bjun-vs-junw

Open data

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