CJUL vs DDFL: Cap, Buffer & Days Left

As of Oct 13, 2026 CJUL can fall 4.2% before its buffer engages and DDFL 2.9%. Net assets on Oct 13, 2026: $1m for Corgi U.S. Equities 15% Structured Buffer ETF - July Series and $159m for Innovator Equity Dual Directional 15 Buffer ETF - Jul.

CJUL costs 0.49 points a year less; DDFL is far larger, $159m against $1m.

Points (pts) are percentage points.

CJUL vs DDFL: Cap, Buffer & Days Left
CJULDDFL
Expense ratio0.30%0.79%
Net assets$1m$159m
Total return, 1 yearnot published+7.7%
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer4.2%4.0%
CJULBetween buffer and cap
Between buffer and capCJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 13, 2026.15 pts of buffer+4.3%+9.7% more to the cap−15.0% floor0% period start+14.0% capTODAY · SPY +4.3%Between buffer and capCJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 13, 2026.15 pts−15.0% floor0% start+14.0% cap+4.3% gain captured+9.7% more to the capTODAY · SPY +4.3%

CJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 13, 2026.

CJUL: reference +4.3% since period start, fund +3.6%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 13, 2026.

DDFLBetween buffer and cap
Between buffer and capDDFL: reference +4.2% since period start, fund +2.7%; buffer 0 to −15; cap +10.9%; Between buffer and cap. Figures to Oct 13, 2026.15 pts of buffer+4.2%+6.8% to cap−15.0% floor0% period start+10.9% capTODAY · SPY +4.2%Between buffer and capDDFL: reference +4.2% since period start, fund +2.7%; buffer 0 to −15; cap +10.9%; Between buffer and cap. Figures to Oct 13, 2026.15 pts−15.0% floor0% start+10.9% cap+4.2% gain captured+6.8% more to the capTODAY · SPY +4.2%

DDFL: reference +4.2% since period start, fund +2.7%; buffer 0 to −15; cap +10.9%; Between buffer and cap. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

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

CJUL resets first, on Jun 30, 2027, 260 days from now; DDFL runs to Jun 30, 2027, 260 days. A fall from here reaches CJUL’s buffer after 4.2% and DDFL’s after 2.9%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: CJUL vs DDFL: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowCJULDDFLCJULDDFL
3 months+2.8%+2.0%−0.7 pts−1.5 pts
6 monthsnot published+4.2%not published−7.9 pts
1 yearnot published+7.7%not published−9.7 pts
Since launch
Not the same days: CJUL Jul 2026 · DDFL Jul 2025
+3.4%+10.8%−1.1 pts−15.2 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

CJUL
Corgi U.S. Equities 15% Structured Buffer ETF - July Series · Absorbs the first 15% of loss on SPY and caps the gain at 14.0%, over a period ending Jun 30, 2027
DDFL
Innovator Equity Dual Directional 15 Buffer ETF - Jul · Absorbs the first 15% of loss on SPY and caps the gain at 10.9%, over a period ending Jun 30, 2027
Reference index SPY SPY
Buffer 15% 15%
Outcome period Jul 1, 2026 to Jun 30, 2027 Jun 30, 2026 to Jun 30, 2027
Days left 260 260
Starting cap +14.0% +10.9%
Can still gain not published 7.8%
Fall before buffer 4.2% 2.9%
Protection left, index points 15.0% of 15.0% 15.0% of 15.0%
Index return this period +4.3% +4.2%
Fund return this period +3.6% +2.7%
State today Open Open
Expense ratio 0.30% 0.79%
Net assets $1m $159m

As of Oct 13, 2026. Source: ETFIQ.

About CJUL

The fund's price can fall 4.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.2% 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. 260 days remained on Oct 13, 2026. On Jun 30, 2027 the period ends and a new cap is set.

About DDFL

From its price on Oct 13, 2026, the fund can gain about 7.8% more before it reaches its cap. The fund's price can fall 2.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.0% from today's level to the point where the buffer begins.

Questions people ask

Which resets first, CJUL or DDFL?
CJUL ends its outcome period on Jun 30, 2027 and DDFL on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, CJUL or DDFL?
CJUL charges 0.30% a year and DDFL charges 0.79%, so CJUL 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

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, CJUL against DDFL, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/cjul-vs-ddfl

Open data

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