CTJL vs PJUL: Cap, Buffer & Days Left

As of Oct 9, 2026 CTJL can fall 4.2% before its buffer engages and PJUL 3.2%. Net assets on Oct 9, 2026: $1m for Corgi U.S. Equities 30% Structured Buffer ETF - July Series and $1.3bn for Innovator U.S. Equity Power Buffer ETF - Jul.

CTJL costs 0.49 points a year less; PJUL is far larger, $1.3bn against $1m.

CTJLPJUL
Expense ratio0.30%0.79%
Net assets$1m$1.3bn
Total return, 1 yearnot published+10.3%
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer4.2%4.1%
CTJLBetween buffer and cap
Between buffer and capCTJL: reference +4.4% since period start, fund +3.3%; buffer 0 to −30; cap +14.3%; Between buffer and cap. Figures to Oct 9, 2026.30 pts of buffer+4.4%+9.9% to cap−30.0% floor0% period start+14.3% capTODAY · SPY +4.4%Between buffer and capCTJL: reference +4.4% since period start, fund +3.3%; buffer 0 to −30; cap +14.3%; Between buffer and cap. Figures to Oct 9, 2026.30 pts of buffer−30.0% floor0% start+14.3% cap+4.4% gain captured+9.9% more to the capTODAY · SPY +4.4%

CTJL: reference +4.4% since period start, fund +3.3%; buffer 0 to −30; cap +14.3%; Between buffer and cap. Figures to Oct 9, 2026.

CTJL: reference +4.4% since period start, fund +3.3%; buffer 0 to −30; cap +14.3%; Between buffer and cap. Figures to Oct 9, 2026.

PJULBetween buffer and cap
Between buffer and capPJUL: reference +4.3% since period start, fund +3.1%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 9, 2026.15 pts of buffer+4.3%+9.7% to cap−15.0% floor0% period start+14.0% capTODAY · SPY +4.3%Between buffer and capPJUL: reference +4.3% since period start, fund +3.1%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 9, 2026.15 pts−15.0% floor0% start+14.0% cap+4.3% gain captured+9.7% more to the capTODAY · SPY +4.3%

PJUL: reference +4.3% since period start, fund +3.1%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 9, 2026.

PJUL: reference +4.3% since period start, fund +3.1%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Figures to Oct 9, 2026.

ETFIQ Downside Cover Score · CTJL scores higherIf the market falls into a bear market from here, how much does the buffer absorb?
0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

CTJL resets first, on Jun 30, 2027, 264 days from now; PJUL runs to Jun 30, 2027, 264 days. A fall from here reaches CTJL’s buffer after 4.2% and PJUL’s after 3.2%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Total returnGap to the reference's price return
WindowCTJLPJULCTJLPJUL
3 months+2.1%+2.5%−1.1 pts−0.7 pts
6 monthsnot published+7.0%not published−7.6 pts
1 yearnot published+10.3%not published−5.8 pts
3 yearsnot published+48.0%not published−31.2 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CTJL
Corgi U.S. Equities 30% Structured Buffer ETF - July Series · Absorbs the first 30% of loss on SPY and caps the gain at 14.3%, over a period ending Jun 30, 2027
PJUL
Innovator U.S. Equity Power Buffer ETF - Jul · Absorbs the first 15% of loss on SPY and caps the gain at 14.0%, over a period ending Jun 30, 2027
Reference index SPY SPY
Buffer 30% 15%
Outcome period Jul 1, 2026 to Jun 30, 2027 Jun 30, 2026 to Jun 30, 2027
Days left 264 264
Starting cap +14.3% +14.0%
Can still gain not published 10.3%
Fall before buffer 4.2% 3.2%
Protection left, index points 30.0% of 30.0% 15.0% of 15.0%
Index return this period +4.4% +4.3%
Fund return this period +3.3% +3.1%
State today Open Open
Expense ratio 0.30% 0.79%
Net assets $1m $1.3bn

As of Oct 9, 2026. Source: ETFIQ.

CTJL in plain words

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: 30.0% of the 30.0% buffer still sits below today's SPY level. 264 days remained on Oct 9, 2026. On Jun 30, 2027 the period ends and a new cap is set.

PJUL in plain words

From its price on Oct 9, 2026, the fund can gain about 10.3% more before it reaches its cap. The fund's price can fall 3.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 4.1% 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.

Questions people ask

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

It is a place in a set, not a rating or a recommendation.

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 page

ETFIQ, CTJL against PJUL, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/ctjl-vs-pjul

Open data

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