Data as of Nov 4, 2026.

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Buffer ETFs

CTJN vs GMAY: Cap, Buffer & Days Left

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GMAY can fall 4.3% before its buffer engages as of Nov 4, 2026, and CTJN 0.0% as of Nov 3, 2026.

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Net assets: $1.4m on Nov 4, 2026 for Corgi U.S. Equities 30% Structured Buffer ETF, and $366m on Nov 3, 2026 for FT Vest U.S. Equity Moderate 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.
GMAY Between buffer and cap
Between buffer and capGMAY: reference +3.7% since period start, fund +3.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.15 pts of buffer+3.7%+10.1% to cap−15.0% floor0% period start+13.8% capTODAY · SPY +3.7%Between buffer and capGMAY: reference +3.7% since period start, fund +3.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.15 pts−15.0% floor0% start+13.8% cap+3.7% gain captured+10.1% more to the capTODAY · SPY +3.7%

GMAY: reference +3.7% since period start, fund +3.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.

GMAY: reference +3.7% since period start, fund +3.6%; buffer 0 to −15; cap +13.8%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

CTJN costs 0.55 points a year less; GMAY is far larger, $366m against $1.4m.

Points (pts) are percentage points.

CTJN vs GMAY: Cap, Buffer & Days Left
MeasureCTJNGMAY
Return
Total return, 1 yearnot published+8.8%
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$366m
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 Score99.7CTJN83.2GMAY

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 GMAY: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowCTJNGMAYCTJNGMAY
3 months+0.2%+0.7%+0.6 pts+1.1 pts
6 months–+3.6%–−0.9 pts
1 year–+8.8%–−4.8 pts
3 years–+41.2%–−35.2 pts
Since launchNot the same days: CTJN Jun 2026 · GMAY May 2023+1.2%+46.1%+0.3 pts−37.0 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 GMAY FT Vest U.S. Equity Moderate Buffer ETF - May · Absorbs the first 15% of loss on SPY and caps the gain at 13.8%, over a period ending May 21, 2027
Reference index SPY SPY
Buffer 30% 15%
Outcome period Jun 1, 2026 to May 31, 2027 May 18, 2026 to May 21, 2027
Days left 209 198
Starting cap +14.1% +13.8%
Can still gain not published 9.1%
Fall before buffer 0.0% 4.3%
Protection left, index points 29.4% of 30.0% 15.0% of 15.0%
Index return this period −0.6% +3.7%
Fund return this period +0.5% +3.6%
State today Buffer working Open
Expense ratio 0.30% 0.85%
Net assets, CTJN as of Nov 4, 2026 and GMAY as of Nov 3, 2026 $1.4m $366m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

GMAY 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 GMAY’s after 4.3%. Both track SPY, so what separates them is where each is in its own period.

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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.

GMAY

From its price on Nov 4, 2026, the fund can gain about 9.1% more before it reaches its cap. The fund's price can fall 4.3% 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: 15.0% of the 15.0% 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 GMAY?
CTJN ends its outcome period on May 31, 2027 and GMAY on May 21, 2027. A new cap is set the day after each.
Which is cheaper, CTJN or GMAY?
CTJN charges 0.30% a year and GMAY charges 0.85%, so CTJN is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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.

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

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