Which resets first, CJUL or TJUL?

CJUL ends its outcome period on Jun 30, 2027 and TJUL on Jun 30, 2027. A new cap is set the day after each.

Which is cheaper, CJUL or TJUL?

CJUL charges 0.30% a year and TJUL charges 0.79%, so CJUL is cheaper. Fees come from each fund's prospectus.

Open in the app Ask IQ about these two funds

CJUL vs TJUL: Cap, Buffer & Days Left

As of Oct 13, 2026 TJUL can fall 7.9% before its buffer engages and CJUL 4.2%. Net assets on Oct 13, 2026: $1m for Corgi U.S. Equities 15% Structured Buffer ETF - July Series and $115m for Innovator Equity Defined Protection ETF - Jul 2027.

CJUL costs 0.49 points a year less; TJUL is far larger, $115m against $1m.

Points (pts) are percentage points.

CJUL vs TJUL: Cap, Buffer & Days Left
	CJUL	TJUL
Expense ratio	0.30%	0.79%
Net assets	$1m	$115m
Total return, 1 year	not published	+4.8%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	4.2%	20.6%

CJULBetween buffer and cap

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.

TJULAt its cap

TJUL: reference +25.9% since period start, fund +7.4%; buffer Floor; cap +13.6%; At its cap. Figures to Oct 13, 2026.

Figures to Oct 13, 2026.

These are two different products. TJUL 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.

TJUL is already at its cap, so more rise in the index adds nothing to it before the period ends.

Where each one stands today

CJUL resets first, on Jun 30, 2027, 260 days from now; TJUL runs to Jun 30, 2027, 260 days. A fall from here reaches CJUL’s buffer after 4.2% and TJUL’s after 7.9%. 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 TJUL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	CJUL	TJUL	CJUL	TJUL
3 months	+2.8%	+1.4%	−0.7 pts	−2.1 pts
6 months	not published	+3.0%	not published	−9.0 pts
1 year	not published	+4.8%	not published	−12.5 pts
3 years	not published	+25.3%	not published	−55.0 pts
Since launch Not the same days: CJUL Jul 2026 · TJUL Jul 2023	+3.4%	+23.5%	−1.1 pts	−47.8 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

TJUL

Innovator Equity Defined Protection ETF - Jul 2027 · Absorbs the whole loss on SPY and caps the gain at 13.6%, over a period ending Jun 30, 2027

Issuer Corgi Innovator

Reference index SPY SPY

Buffer 15% 100%

Outcome period Jul 1, 2026 to Jun 30, 2027 Jun 30, 2025 to Jun 30, 2027

Days left 260 260

Starting cap +14.0% +13.6%

Can still gain not published 4.8%

Fall before buffer 4.2% 7.9%

Protection left, index points 15.0% of 15.0% 100.0% of 100.0%

Index return this period +4.3% +25.9%

Fund return this period +3.6% +7.4%

State today Open At cap

Expense ratio 0.30% 0.79%

Net assets $1m $115m

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 TJUL

SPY had already risen past this fund's cap of +13.6% for the period on Oct 13, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.8% as the period runs out. The fund's price can fall 7.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 20.6% 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 TJUL?: CJUL ends its outcome period on Jun 30, 2027 and TJUL on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, CJUL or TJUL?: CJUL charges 0.30% a year and TJUL charges 0.79%, so CJUL is cheaper. Fees come from each fund's prospectus.

Other comparisons

CJUL vs PMJL CJUL vs XJUN CJUL vs DDTL CJUL vs DDFL TJUL vs CTJL TJUL vs HJLY TJUL vs JULC TJUL vs PMJL

SPY →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →CJUL on its own →TJUL on its own →How every figure is computed →Standards and sources →

Where these figures came from

CJUL filings on SEC EDGAR ↗Corgi website ↗Innovator page for TJUL ↗

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 TJUL, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/cjul-vs-tjul

Open data

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