Data as of Nov 4, 2026.

vsOpen in the appaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

CTJN vs FMAY: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

FMAY can fall 4.5% before its buffer engages as of Nov 4, 2026, and CTJN 0.0% as of Nov 3, 2026.

askIQ about this page

askIQ about CTJN and FMAY

Net assets: $1.4m on Nov 4, 2026 for Corgi U.S. Equities 30% Structured Buffer ETF, and $1.5bn on Nov 3, 2026 for FT Vest U.S. Equity Buffer ETF - May.

At a glance
CTJN Buffer working
Buffer workingCTJN: reference −0.6% since period start, fund +0.5%; buffer 0 to −30; cap +14.1%; Buffer working. Data to Nov 3, 2026.29.4 of 30 pts of buffer left+14.1% more to the cap−30.0% floor0% period start+14.1% capTODAY · SPY −0.6%Buffer workingCTJN: reference −0.6% since period start, fund +0.5%; buffer 0 to −30; cap +14.1%; Buffer working. Data to Nov 3, 2026.29.4 of 30 pts left−30.0% floor0% start+14.1% cap+14.1% more to the capTODAY · SPY −0.6%

CTJN: reference −0.6% since period start, fund +0.5%; buffer 0 to −30; cap +14.1%; Buffer working. Data to Nov 3, 2026.

CTJN: reference −0.6% since period start, fund +0.5%; buffer 0 to −30; cap +14.1%; Buffer working. Data to Nov 3, 2026.
FMAY Between buffer and cap
Between buffer and capFMAY: reference +3.7% since period start, fund +3.8%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.10 pts of buffer+3.7%+13.4% more to the cap−10.0% floor0% period start+17.1% capTODAY · SPY +3.7%Between buffer and capFMAY: reference +3.7% since period start, fund +3.8%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.−10.0% floor0% start+17.1% cap10 pts of buffer+3.7% gain captured+13.4% more to the capTODAY · SPY +3.7%

FMAY: reference +3.7% since period start, fund +3.8%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.

FMAY: reference +3.7% since period start, fund +3.8%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

CTJN costs 0.55 points a year less; FMAY is far larger, $1.5bn against $1.4m.

Points (pts) are percentage points.

CTJN vs FMAY: Cap, Buffer & Days Left
MeasureCTJNFMAY
Return
Total return, 1 yearnot published+9.9%
Drawdown
Index fall to the buffer3.6%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.30%0.85%
Net assets, as of Nov 3, 2026$1.4m$1.5bn
Holdings
Holdings in commonnot published
ETFIQ Downside Cover Score · CTJN scores higher If the market falls into a bear market from here, how much does the buffer absorb?
IQ Buffer Score99.7CTJN38.7FMAY

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

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 →

Method

Window by window

Window by window: CTJN vs FMAY: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowCTJNFMAYCTJNFMAY
3 months+0.2%+0.5%+0.6 pts+0.9 pts
6 months–+3.8%–−0.7 pts
1 year–+9.9%–−3.6 pts
3 years–+48.5%–−27.9 pts
Since launchNot the same days: CTJN Jun 2026 · FMAY May 2020+1.2%+85.5%+0.3 pts−74.4 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

CTJN Corgi U.S. Equities 30% Structured Buffer ETF · Absorbs the first 30% of loss on SPY and caps the gain at 14.1%, over a period ending May 31, 2027 FMAY FT Vest U.S. Equity Buffer ETF - May · Absorbs the first 10% of loss on SPY and caps the gain at 17.1%, over a period ending May 21, 2027
Reference index SPY SPY
Buffer 30% 10%
Outcome period Jun 1, 2026 to May 31, 2027 May 18, 2026 to May 21, 2027
Days left 209 198
Starting cap +14.1% +17.1%
Can still gain not published 12.0%
Fall before buffer 0.0% 4.5%
Protection left, index points 29.4% of 30.0% 10.0% of 10.0%
Index return this period −0.6% +3.7%
Fund return this period +0.5% +3.8%
State today Buffer working Open
Expense ratio 0.30% 0.85%
Net assets, CTJN as of Nov 4, 2026 and FMAY as of Nov 3, 2026 $1.4m $1.5bn

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

FMAY resets first, on May 21, 2027, 198 days from now; CTJN runs to May 31, 2027, 209 days. A fall from here reaches CTJN’s buffer after 0.0% and FMAY’s after 4.5%. Both track SPY, so what separates them is where each is in its own period.

Alert

FMAY flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
CTJN

Protection left, in index points: 29.4% of the 30.0% buffer still sits below today's SPY level. 209 days remained on Nov 3, 2026. On May 31, 2027 the period ends and a new cap is set.

FMAY

From its price on Nov 4, 2026, the fund can gain about 12.0% more before it reaches its cap. The fund's price can fall 4.5% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 3.6% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 198 days remained on Nov 4, 2026. On May 21, 2027 the period ends and a new cap is set.

Questions people ask

Which resets first, CTJN or FMAY?
CTJN ends its outcome period on May 31, 2027 and FMAY on May 21, 2027. A new cap is set the day after each.
Which is cheaper, CTJN or FMAY?
CTJN charges 0.30% a year and FMAY charges 0.85%, so CTJN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Sources and dates

Links are sources, not endorsements. 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 number 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 number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CTJN against FMAY, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/ctjn-vs-fmay

Open data →

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