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CAUG vs GJUL: which one stands where?

As of Oct 2, 2026 GJUL can fall 3.3% before its buffer engages and CAUG 1.6%, and GJUL resets 15 days sooner. Corgi U.S. Equities 15% Structured Buffer ETF - August Series and FT Vest U.S. Equity Moderate Buffer ETF - July.

CAUG costs 0.55 points a year less; GJUL is 405.8 times larger.

CAUGGJUL
Expense ratio0.30%0.85%
Net assets$1m$413m
Total return, 1 yearnot published+10.3%
What it tracksSPYSPY
Holdings in commonnot published
CAUGBetween buffer and cap
Between buffer and capCAUG: reference +1.6% since period start, fund +1.7%; buffer 0 to −15; cap +15.0%; Between buffer and cap.15 pts of buffer+13.4% more to the cap−15.0% floor0% period start+15.0% capTODAY · SPY +1.6%Between buffer and capCAUG: reference +1.6% since period start, fund +1.7%; buffer 0 to −15; cap +15.0%; Between buffer and cap.15 pts+13.4% to cap−15.0% floor0% start+15.0% capTODAY · SPY +1.6%

CAUG: reference +1.6% since period start, fund +1.7%; buffer 0 to −15; cap +15.0%; Between buffer and cap.

GJULBetween buffer and cap
Between buffer and capGJUL: reference +3.5% since period start, fund +2.5%; buffer 0 to −15; cap +13.8%; Between buffer and cap.15 pts of buffer+3.5%+10.3% more to the cap−15.0% floor0% period start+13.8% capTODAY · SPY +3.5%Between buffer and capGJUL: reference +3.5% since period start, fund +2.5%; buffer 0 to −15; cap +13.8%; Between buffer and cap.15 pts−15.0% floor0% start+13.8% capTODAY · SPY +3.5%

GJUL: reference +3.5% since period start, fund +2.5%; buffer 0 to −15; cap +13.8%; Between buffer and cap.

ETFIQ Downside Cover Score · CAUG 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 294 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

GJUL resets first, on Jul 16, 2027, 287 days from now; CAUG runs to Jul 31, 2027, 302 days. A fall from here reaches CAUG’s buffer after 1.6% and GJUL’s after 3.3%. 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

Total returnGap to the reference
WindowCAUGGJULCAUGGJUL
3 monthsnot published+2.8%not published−0.8 pts
6 monthsnot published+9.1%not published−8.8 pts
1 yearnot published+10.3%not published−5.9 pts
3 yearsnot published+51.0%not published−38.3 pts

CAUG and GJUL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CAUG
Corgi U.S. Equities 15% Structured Buffer ETF - August Series · Absorbs the first 15% of loss on SPY and caps the gain at 15.0%, over a period ending Jul 31, 2027
GJUL
FT Vest U.S. Equity Moderate Buffer ETF - July · Absorbs the first 15% of loss on SPY and caps the gain at 13.8%, over a period ending Jul 16, 2027
Issuer Corgi First Trust
Reference index SPY SPY
Buffer 15% 15%
Outcome period Aug 1, 2026 to Jul 31, 2027 Jul 20, 2026 to Jul 16, 2027
Days left 302 287
Starting cap +15.0% +13.8%
Can still gain not published 10.2%
Fall before buffer 1.6% 3.3%
Protection left, index points 15.0% of 15.0% 15.0% of 15.0%
Index return this period +1.6% +3.5%
Fund return this period +1.7% +2.5%
State today Open Open
Expense ratio 0.30% 0.85%
Net assets $1m $413m

CAUG and GJUL on the same fields, as of Oct 2, 2026. Source: ETFIQ.

CAUG in plain words

The fund's price can fall 1.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 1.6% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 302 days remained on Oct 2, 2026. On Jul 31, 2027 the period ends and a new cap is set.

GJUL in plain words

From its price on Oct 2, 2026, the fund can gain about 10.2% 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. In index terms, SPY can fall 3.4% from today's level to the point where the buffer begins. 287 days remained on Oct 2, 2026. On Jul 16, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CAUG or GJUL?
CAUG ends its outcome period on Jul 31, 2027 and GJUL on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, CAUG or GJUL?
CAUG charges 0.30% a year and GJUL charges 0.85%, so CAUG is cheaper. Fees come from each fund's prospectus.
Other comparisons
CAUG vs DJULCAUG vs FJULCAUG vs HAUGCAUG vs JULMGJUL vs CPSAGJUL vs CPSJGJUL vs DJULGJUL vs FJUL
SPY →CAUG on its own →GJUL on its own →How every figure is computed →Standards and sources →
Where these figures came from
CAUG filings on SEC EDGAR ↗Corgi website ↗GJUL filings on SEC EDGAR ↗First Trust page for GJUL ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CAUG against GJUL, data as of Oct 2, 2026. https://etfiq.com/compare/buffer/caug-vs-gjul

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.