{"url":"https://etfiq.com/compare/buffer/bmar-vs-maru","section":"compare","title":"BMAR vs MARU: Cap, Buffer & Days Left | ETFIQ","description":"As of Oct 23, 2026 BMAR can fall 8.8% and MARU 7.7% before its buffer engages, on SPY. Both end their outcome period on Feb 28, 2027.","as_of":"Oct 23, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which resets first, BMAR or MARU?","acceptedAnswer":{"@type":"Answer","text":"BMAR ends its outcome period on Feb 28, 2027 and MARU on Feb 28, 2027. New terms are set the day after each."}},{"@type":"Question","name":"Which is cheaper, BMAR or MARU?","acceptedAnswer":{"@type":"Answer","text":"BMAR charges 0.79% a year and MARU charges 0.74%, so MARU is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"BMAR vs MARU","item":"https://etfiq.com/compare/buffer/bmar-vs-maru"}]},{"@type":"WebPage","name":"BMAR vs MARU: Cap, Buffer & Days Left","description":"As of Oct 23, 2026 BMAR can fall 8.8% and MARU 7.7% before its buffer engages, on SPY. Both end their outcome period on Feb 28, 2027.","url":"https://etfiq.com/compare/buffer/bmar-vs-maru","dateModified":"2026-10-23","abstract":"As of Oct 23, 2026 BMAR can fall 8.8% before its buffer engages and MARU 7.7%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of BMAR and MARU","description":"As of Oct 23, 2026 BMAR can fall 8.8% and MARU 7.7% before its buffer engages, on SPY. Both end their outcome period on Feb 28, 2027.","dateModified":"2026-10-23","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/bmar-vs-maru","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6356,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / BMAR vs MARU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 23, 2026 .\n\n BMAR vs MARU: Cap, Buffer & Days Left\n\n As of Oct 23, 2026 BMAR can fall 8.8% before its buffer engages and MARU 7.7%.\n Copy this for sharing \n \n MARU costs 0.05 points a year less; their one-year returns differ by 5.2 points; BMAR is 5.7 times larger.\n BMAR and MARU at a glance. As of Oct 23, 2026. Source: ETFIQ. BMAR MARU \n Expense ratio 0.79% 0.74% \n Net assets, as of Oct 22, 2026 $202m $35m \n Total return, 1 year +13.8% +8.6% \n What it tracks SPY SPY \n Holdings in commo","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, BMAR against MARU, data as of Oct 23, 2026. https://etfiq.com/compare/buffer/bmar-vs-maru","a":{"ticker":"BMAR","name":"Innovator U.S. Equity Buffer ETF - Mar","issuer":"Innovator","desk":"buffer","as_of":"2026-10-23","verdict":"Since Feb 28, 2026, BMAR returned 9.0%, against 10.8% for SPY. It can gain 6.8% more before its cap.","url":"https://etfiq.com/funds/bmar","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"6.8%","as_of":"2026-10-23","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"8.8%","as_of":"2026-10-23","source":null},{"label":"Protection left, index points","value":"9.0%","as_of":"2026-10-23","source":null},{"label":"Days to reset","value":"128","as_of":"2026-10-23","source":null},{"label":"Net assets","value":"$201m","as_of":"2026-10-23","source":"issuer page, as of Oct 23, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-23","source":"issuer page, Oct 23, 2026"}]},"b":{"ticker":"MARU","name":"AllianzIM U.S. Equity Buffer15 Uncapped ETF - Mar","issuer":"AllianzIM","desk":"buffer","as_of":"2026-10-23","verdict":"Since Mar 1, 2026, MARU returned 7.5%, against 10.8% for SPY. It can fall 7.7% before its buffer.","url":"https://etfiq.com/funds/maru","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"uncapped","as_of":"2026-10-23","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"7.7%","as_of":"2026-10-23","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-10-23","source":null},{"label":"Days to reset","value":"128","as_of":"2026-10-23","source":null},{"label":"Net assets","value":"$35m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.74%","as_of":"2026-10-23","source":"issuer page, Oct 23, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/bmar-vs-maru"}