CJUL vs PMJL: which one stands where?

As of Oct 2, 2026 CJUL can fall 3.1% before its buffer engages and PMJL 1.8%. Corgi U.S. Equities 15% Structured Buffer ETF - July Series and PGIM S&P 500 Max Buffer ETF - July.

CJUL costs 0.20 points a year less; PMJL is 5.5 times larger.

CJULPMJL
Expense ratio0.30%0.50%
Net assets$1m$7m
Total return, 1 yearnot published+5.6%
What it tracksSPYSPY
Holdings in commonnot published
CJULBetween buffer and cap
Between buffer and capCJUL: reference +3.2% since period start, fund +3.0%; buffer 0 to −15; cap +14.0%; Between buffer and cap.15 pts−15.0% floor0% period start+14.0% capTODAY · SPY +3.2%Between buffer and capCJUL: reference +3.2% since period start, fund +3.0%; buffer 0 to −15; cap +14.0%; Between buffer and cap.−15.0% floor0% start+14.0% capTODAY · SPY +3.2%

CJUL: reference +3.2% since period start, fund +3.0%; buffer 0 to −15; cap +14.0%; Between buffer and cap.

PMJLFull floor
Full floorPMJL: reference +3.1% since period start, fund +1.3%; buffer Floor; cap +8.0%; Full floor.full floor beneathfull floor0% period start+8.0% capTODAY · SPY +3.1%Full floorPMJL: reference +3.1% since period start, fund +1.3%; buffer Floor; cap +8.0%; Full floor.full floor beneathfull floor0% start+8.0% capTODAY · SPY +3.1%

PMJL: reference +3.1% since period start, fund +1.3%; buffer Floor; cap +8.0%; Full floor.

These are two different products. PMJL 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, 271 days from now; PMJL runs to Jun 30, 2027, 271 days. A fall from here reaches CJUL’s buffer after 3.1% and PMJL’s after 1.8%. 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
WindowCJULPMJLCJULPMJL
3 months+2.6%+1.3%−1.0 pts−2.3 pts
6 monthsnot published+4.2%not published−13.8 pts
1 yearnot published+5.6%not published−10.6 pts

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

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
PMJL
PGIM S&P 500 Max Buffer ETF - July · Absorbs the whole loss on SPY and caps the gain at 8.0%, over a period ending Jun 30, 2027
Issuer Corgi PGIM
Reference index SPY SPY
Buffer 15% 100%
Outcome period Jul 1, 2026 to Jun 30, 2027 Jul 1, 2026 to Jun 30, 2027
Days left 271 271
Starting cap +14.0% +8.0%
Can still gain not published 6.1%
Fall before buffer 3.1% 1.8%
Protection left, index points 15.0% of 15.0% 100.0% of 100.0%
Index return this period +3.2% +3.1%
Fund return this period +3.0% +1.3%
State today Open Open
Expense ratio 0.30% 0.50%
Net assets $1m $7m

CJUL and PMJL on the same fields, as of Oct 2, 2026. Source: ETFIQ.

CJUL in plain words

The fund's price can fall 3.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.1% 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. 271 days remained on Oct 2, 2026. On Jun 30, 2027 the period ends and a new cap is set.

PMJL in plain words

From its price on Oct 2, 2026, the fund can gain about 6.1% more before it reaches its cap. The fund's price can fall 1.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.0% from today's level to the point where the buffer begins. 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, CJUL or PMJL?
CJUL ends its outcome period on Jun 30, 2027 and PMJL on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, CJUL or PMJL?
CJUL charges 0.30% a year and PMJL charges 0.50%, 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. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CJUL against PMJL, data as of Oct 2, 2026. https://etfiq.com/compare/buffer/cjul-vs-pmjl

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.