Which resets first, CTAU or XJUL?

CTAU ends its outcome period on Jul 31, 2027 and XJUL on Jul 16, 2027. A new cap is set the day after each.

Which is cheaper, CTAU or XJUL?

CTAU charges 0.30% a year and XJUL charges 0.85%, so CTAU is cheaper. Fees come from each fund's prospectus.

Open in the app Ask IQ about these two funds

CTAU vs XJUL: Cap, Buffer & Days Left

As of Oct 13, 2026 XJUL can fall 3.8% before its buffer engages and CTAU 2.6%, and XJUL resets 15 days sooner. Net assets on Oct 13, 2026: $1m for Corgi U.S. Equities 30% Structured Buffer ETF - August Series and $42m for FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July.

CTAU costs 0.55 points a year less; XJUL is far larger, $42m against $1m.

Points (pts) are percentage points.

CTAU vs XJUL: Cap, Buffer & Days Left
	CTAU	XJUL
Expense ratio	0.30%	0.85%
Net assets	$1m	$42m
Total return, 1 year	not published	+9.6%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	2.6%	4.5%

CTAUBetween buffer and cap

CTAU: reference +2.7% since period start, fund +2.1%; buffer 0 to −30; cap +15.0%; Between buffer and cap. Figures to Oct 13, 2026.

XJULBetween buffer and cap

XJUL: reference +4.7% since period start, fund +3.0%; buffer 0 to −15; cap +11.4%; Between buffer and cap. Figures to Oct 13, 2026.

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

XJUL resets first, on Jul 16, 2027, 276 days from now; CTAU runs to Jul 31, 2027, 291 days. A fall from here reaches CTAU’s buffer after 2.6% and XJUL’s after 3.8%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: CTAU vs XJUL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	CTAU	XJUL	CTAU	XJUL
3 months	not published	+3.0%	not published	−0.5 pts
6 months	not published	+5.4%	not published	−6.6 pts
1 year	not published	+9.6%	not published	−7.7 pts
3 years	not published	+38.3%	not published	−42.0 pts
Since launch Not the same days: CTAU Aug 2026 · XJUL Jul 2023	+1.1%	+36.3%	+0.2 pts	−35.0 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

CTAU

Corgi U.S. Equities 30% Structured Buffer ETF - August Series · Absorbs the first 30% of loss on SPY and caps the gain at 15.0%, over a period ending Jul 31, 2027

XJUL

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July · Absorbs the first 15% of loss on SPY and caps the gain at 11.4%, over a period ending Jul 16, 2027

Issuer Corgi First Trust

Reference index SPY SPY

Buffer 30% 15%

Outcome period Aug 1, 2026 to Jul 31, 2027 Jul 20, 2026 to Jul 16, 2027

Days left 291 276

Starting cap +15.0% +11.4%

Can still gain not published 7.3%

Fall before buffer 2.6% 3.8%

Protection left, index points 30.0% of 30.0% 15.0% of 15.0%

Index return this period +2.7% +4.7%

Fund return this period +2.1% +3.0%

State today Open Open

Expense ratio 0.30% 0.85%

Net assets $1m $42m

As of Oct 13, 2026. Source: ETFIQ.

About CTAU

The fund's price can fall 2.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.6% from today's level to the point where the buffer begins. Protection left, in index points: 30.0% of the 30.0% buffer still sits below today's SPY level. 291 days remained on Oct 13, 2026. On Jul 31, 2027 the period ends and a new cap is set.

About XJUL

From its price on Oct 13, 2026, the fund can gain about 7.3% more before it reaches its cap. The fund's price can fall 3.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.5% 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. 276 days remained on Oct 13, 2026. On Jul 16, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CTAU or XJUL?: CTAU ends its outcome period on Jul 31, 2027 and XJUL on Jul 16, 2027. A new cap is set the day after each.
Which is cheaper, CTAU or XJUL?: CTAU charges 0.30% a year and XJUL charges 0.85%, so CTAU is cheaper. Fees come from each fund's prospectus.

Other comparisons

CTAU vs UAUG CTAU vs AUGU CTAU vs PBAU CTAU vs JULM XJUL vs GJUL XJUL vs DJUL XJUL vs PAUG XJUL vs FJUL

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

Where these figures came from

CTAU filings on SEC EDGAR ↗Corgi website ↗XJUL filings on SEC EDGAR ↗First Trust page for XJUL ↗

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, CTAU against XJUL, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/ctau-vs-xjul

Open data

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