BJUN vs PBJN: Cap, Buffer & Days Left

As of Oct 13, 2026 BJUN can fall 3.2% before its buffer engages and PBJN 3.0%. Net assets: $246m on Oct 12, 2026 for Innovator U.S. Equity Buffer ETF - Jun, and $59m on Oct 13, 2026 for PGIM S&P 500 Buffer 20 ETF - June .

PBJN costs 0.29 points a year less; their one-year returns differ by 2.8 points; BJUN is 4.1 times larger.

Points (pts) are percentage points.

BJUN vs PBJN: Cap, Buffer & Days Left
BJUNPBJN
Expense ratio0.79%0.50%
Net assets, as of Oct 12, 2026$246m$59m
Total return, 1 year+11.4%+8.6%
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer2.7%
3.2%
BJUN can fall this far before its buffer
3.0%
PBJN can fall this far before its buffer
14.3%
BJUN can still gain
8.8%
PBJN can still gain
BJUNBetween buffer and cap
Between buffer and capBJUN: reference +2.8% since period start, fund +3.0%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 13, 2026.9 pts of buffer+2.8%+15.3% more to the cap−9.0% floor0% period start+18.1% capTODAY · SPY +2.8%Between buffer and capBJUN: reference +2.8% since period start, fund +3.0%; buffer 0 to −9; cap +18.1%; Between buffer and cap. Figures to Oct 13, 2026.9 pts−9.0% floor0% start+18.1% cap+2.8% gain captured+15.3% more to the capTODAY · SPY +2.8%

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.

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.

PBJNBetween buffer and cap
Between buffer and capPBJN: reference +2.7% since period start, fund +2.6%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 13, 2026.20 pts of buffer+2.7%+9.3% more to the cap−20.0% floor0% period start+12.1% capTODAY · SPY +2.7%Between buffer and capPBJN: reference +2.7% since period start, fund +2.6%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 13, 2026.20 pts of buffer−20.0% floor0% start+12.1% cap+2.7% gain captured+9.3% more to the capTODAY · SPY +2.7%

PBJN: reference +2.7% since period start, fund +2.6%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 13, 2026.

PBJN: reference +2.7% since period start, fund +2.6%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Figures to Oct 13, 2026.

ETFIQ Downside Cover Score · PBJN scores higherIf the market falls into a bear market from here, how much does the buffer absorb?
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; PBJN runs to May 31, 2027, 230 days. BJUN can still gain 14.3% before its cap, PBJN 8.8%. A fall from here reaches BJUN’s buffer after 3.2% and PBJN’s after 3.0%. 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 PBJN: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowBJUNPBJNBJUNPBJN
3 months+3.3%+2.6%−0.5 pts−1.2 pts
6 months+5.4%+4.0%−8.0 pts−9.5 pts
1 year+11.4%+8.6%−7.8 pts−10.6 pts
3 years+52.4%not published−27.9 ptsnot published
Since launch
Not the same days: BJUN Jun 2019 · PBJN Jun 2024
+98.6%+26.6%−84.8 pts−20.8 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
PBJN
PGIM S&P 500 Buffer 20 ETF - June · Absorbs the first 20% of loss on SPY and caps the gain at 12.1%, over a period ending May 31, 2027
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% +12.1%
Can still gain 14.3% 8.8%
Fall before buffer 3.2% 3.0%
Protection left, index points 9.0% of 9.0% 20.0% of 20.0%
Index return this period +2.8% +2.7%
Fund return this period +3.0% +2.6%
State today Open Open
Expense ratio 0.79% 0.50%
Net assets, BJUN as of Oct 12, 2026 and PBJN as of Oct 13, 2026 $246m $59m

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 2.7% 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 PBJN

From its price on Oct 13, 2026, the fund can gain about 8.8% more before it reaches its cap. The fund's price can fall 3.0% 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 PBJN?
From their prices on Oct 13, 2026, BJUN can gain about 14.3% before its cap and PBJN about 8.8%, so BJUN has more room left this period.
Which resets first, BJUN or PBJN?
BJUN ends its outcome period on May 31, 2027 and PBJN on May 31, 2027. A new cap is set the day after each.
Which is cheaper, BJUN or PBJN?
BJUN charges 0.79% a year and PBJN charges 0.50%, so PBJN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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 PBJN, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/bjun-vs-pbjn

Open data

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