Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BJUN vs MAYM: which one stands where?

As of Sep 21, 2026 BJUN can fall 2.6% before its buffer engages and MAYM 2.3%, and MAYM resets 10 days sooner.

Innovator U.S. Equity Buffer ETF - Jun and FT Vest U.S. Equity Max Buffer ETF - May.

2.6%BJUN can fall this far before its buffer
2.3%MAYM can fall this far before its buffer
15.0%BJUN can still gain
4.7%MAYM can still gain
BJUNBetween buffer and cap
9 pts−9.0% floor0% period start+18.1% capTODAY · SPY +2.3%−9.0% floor0% start+18.1% capTODAY · SPY +2.3%
MAYMFull floor
full floor beneathfull floor0% period start+7.0% capTODAY · SPY +4.7%full floor beneathfull floor0% start+7.0% capTODAY · SPY +4.7%

These are two different products. MAYM is a floor fund, which caps how far a holder can fall. BJUN 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

MAYM resets first, on May 21, 2027, 242 days from now; BJUN runs to May 31, 2027, 252 days. BJUN can still gain 15.0% before its cap, MAYM 4.7%. A fall from here reaches BJUN’s buffer after 2.6% and MAYM’s after 2.3%. 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

BJUN and MAYM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
BJUNMAYMBJUNMAYM
3 months+1.9%+0.8%−0.4 pts−1.4 pts
6 months+7.7%+3.2%−10.3 pts−14.9 pts
1 year+8.8%+4.6%−7.8 pts−12.0 pts
3 years+47.1%not published−31.3 ptsnot published
Open the live comparison on ETFIQ
BJUN and MAYM on the same fields, as of Sep 21, 2026. Source: ETFIQ.
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
MAYM
FT Vest U.S. Equity Max Buffer ETF - May
Absorbs the whole loss on SPY and caps the gain at 7.0%, over a period ending May 21, 2027
IssuerInnovatorFirst Trust
Reference indexSPYSPY
Buffer9%100%
Outcome periodMay 31, 2026 to May 31, 2027May 18, 2026 to May 21, 2027
Days left252242
Starting cap+18.1%+7.0%
Can still gain15.0%4.7%
Fall before buffer2.6%2.3%
Protection left, index points9.0% of 9.0%100.0% of 100.0%
Index return this period+2.3%+4.7%
Fund return this period+2.5%+1.4%
State todayOpenOpen
Expense ratio0.79%0.85%
Net assets$242m$39m

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.

MAYM in plain words

From its price on Sep 21, 2026, the fund can gain about 4.7% more before it reaches its cap. The fund's price can fall 2.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.5% 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. 242 days remained on Sep 21, 2026. On May 21, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, BJUN or MAYM?
From their prices on Sep 21, 2026, BJUN can gain about 15.0% before its cap and MAYM about 4.7%, so BJUN has more room left this period.
Which resets first, BJUN or MAYM?
BJUN ends its outcome period on May 31, 2027 and MAYM on May 21, 2027. A new cap is set the day after each.
Which is cheaper, BJUN or MAYM?
BJUN charges 0.79% a year and MAYM charges 0.85%, so BJUN 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.

BJUN against MAYM, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BJUN against MAYM, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/bjun-vs-maym Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources