CTJL vs PMJL: Cap, Buffer & Days Left

As of Oct 9, 2026 CTJL can fall 4.2% before its buffer engages and PMJL 2.1%. Net assets on Oct 9, 2026: $1m for Corgi U.S. Equities 30% Structured Buffer ETF - July Series and $7m for PGIM S&P 500 Max Buffer ETF - July.

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

CTJLPMJL
Expense ratio0.30%0.50%
Net assets$1m$7m
Total return, 1 yearnot published+6.0%
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.

PMJLFull floor
Full floorPMJL: reference +4.3% since period start, fund +1.7%; buffer Floor; cap +8.0%; Full floor. Figures to Oct 9, 2026.full floor beneath+4.3%full floor0% period start+8.0% cap+3.7% more to the capTODAY · SPY +4.3%Full floorPMJL: reference +4.3% since period start, fund +1.7%; buffer Floor; cap +8.0%; Full floor. Figures to Oct 9, 2026.full floor beneathfull floor0% start+8.0% cap+4.3% gain captured+3.7% more to the capTODAY · SPY +4.3%

PMJL: reference +4.3% since period start, fund +1.7%; buffer Floor; cap +8.0%; Full floor. Figures to Oct 9, 2026.

Figures to Oct 9, 2026.

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

CTJL resets first, on Jun 30, 2027, 264 days from now; PMJL runs to Jun 30, 2027, 264 days. A fall from here reaches CTJL’s buffer after 4.2% and PMJL’s after 2.1%. 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
WindowCTJLPMJLCTJLPMJL
3 months+2.1%+1.3%−1.1 pts−1.9 pts
6 monthsnot published+3.6%not published−11.0 pts
1 yearnot published+6.0%not published−10.1 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
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 30% 100%
Outcome period Jul 1, 2026 to Jun 30, 2027 Jul 1, 2026 to Jun 30, 2027
Days left 264 264
Starting cap +14.3% +8.0%
Can still gain not published 5.7%
Fall before buffer 4.2% 2.1%
Protection left, index points 30.0% of 30.0% 100.0% of 100.0%
Index return this period +4.4% +4.3%
Fund return this period +3.3% +1.7%
State today Open Open
Expense ratio 0.30% 0.50%
Net assets $1m $7m

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.

PMJL in plain words

From its price on Oct 9, 2026, the fund can gain about 5.7% more before it reaches its cap. The fund's price can fall 2.1% 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: 100.0% of the 100.0% buffer still sits below today's SPY level.

Questions people ask

Which resets first, CTJL or PMJL?
CTJL 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, CTJL or PMJL?
CTJL charges 0.30% a year and PMJL charges 0.50%, 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

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 PMJL, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/ctjl-vs-pmjl

Open data

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