CAUG vs HAUG: which one stands where?

As of Oct 2, 2026 CAUG can fall 1.6% before its buffer engages and HAUG 1.6%. Corgi U.S. Equities 15% Structured Buffer ETF - August Series and Corgi U.S. Equities 100% Structured Buffer ETF - August Series.

HAUG is 2.3 times larger.

CAUGHAUG
Expense ratio0.30%0.30%
Net assets$1m$2m
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−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.−15.0% 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.

HAUGFull floor
Full floorHAUG: reference +1.6% since period start, fund +0.5%; buffer Floor; cap +9.0%; Full floor.full floor beneathfull floor0% period start+9.0% capTODAY · SPY +1.6%Full floorHAUG: reference +1.6% since period start, fund +0.5%; buffer Floor; cap +9.0%; Full floor.full floor beneathfull floor0% start+9.0% capTODAY · SPY +1.6%

HAUG: reference +1.6% since period start, fund +0.5%; buffer Floor; cap +9.0%; Full floor.

These are two different products. HAUG is a floor fund, which caps how far a holder can fall. CAUG is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Both are Corgi funds, so the difference between them is the terms rather than the house.

Where each one stands today

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

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
HAUG
Corgi U.S. Equities 100% Structured Buffer ETF - August Series · Absorbs the whole loss on SPY and caps the gain at 9.0%, over a period ending Jul 31, 2027
Issuer Corgi Corgi
Reference index SPY SPY
Buffer 15% 100%
Outcome period Aug 1, 2026 to Jul 31, 2027 Aug 1, 2026 to Jul 31, 2027
Days left 302 302
Starting cap +15.0% +9.0%
Can still gain not published not published
Fall before buffer 1.6% 1.6%
Protection left, index points 15.0% of 15.0% 100.0% of 100.0%
Index return this period +1.6% +1.6%
Fund return this period +1.7% +0.5%
State today Open Open
Expense ratio 0.30% 0.30%
Net assets $1m $2m

CAUG and HAUG 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.

HAUG in plain words

Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level.

Questions people ask

Which resets first, CAUG or HAUG?
CAUG ends its outcome period on Jul 31, 2027 and HAUG on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, CAUG or HAUG?
CAUG charges 0.30% a year and HAUG charges 0.30%, so CAUG 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. A comparison is not a recommendation.

Cite this page

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

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.