Which resets first, CTJN or XMAY?

CTJN ends its outcome period on May 31, 2027 and XMAY on May 21, 2027. A new cap is set the day after each.

Which is cheaper, CTJN or XMAY?

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

Open in the app Ask IQ about these two funds

CTJN vs XMAY: Cap, Buffer & Days Left

As of Oct 13, 2026 XMAY can fall 4.7% before its buffer engages and CTJN 2.5%, and XMAY resets 10 days sooner. Net assets on Oct 13, 2026: $1m for Corgi U.S. Equities 30% Structured Buffer ETF and $20m for FT Vest U.S. Equity Enhance & Moderate Buffer ETF - May.

CTJN costs 0.55 points a year less; XMAY is 16.9 times larger.

Points (pts) are percentage points.

CTJN vs XMAY: Cap, Buffer & Days Left
	CTJN	XMAY
Expense ratio	0.30%	0.85%
Net assets	$1m	$20m
Total return, 1 year	not published	+8.7%
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	2.5%	5.0%

CTJNBetween buffer and cap

CTJN: reference +2.6% since period start, fund +2.5%; buffer 0 to −30; cap +14.1%; Between buffer and cap. Figures to Oct 13, 2026.

XMAYBetween buffer and cap

XMAY: reference +5.3% since period start, fund +4.0%; buffer 0 to −15; cap +11.0%; Between buffer and cap. Figures to Oct 13, 2026.

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

XMAY resets first, on May 21, 2027, 220 days from now; CTJN runs to May 31, 2027, 230 days. A fall from here reaches CTJN’s buffer after 2.5% and XMAY’s after 4.7%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: CTJN vs XMAY: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	CTJN	XMAY	CTJN	XMAY
3 months	+2.5%	+2.6%	−1.0 pts	−0.8 pts
6 months	not published	+4.5%	not published	−7.5 pts
1 year	not published	+8.7%	not published	−8.6 pts
Since launch Not the same days: CTJN Jun 2026 · XMAY May 2024	+2.1%	+25.3%	−0.3 pts	−21.5 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

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

XMAY

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - May · Absorbs the first 15% of loss on SPY and caps the gain at 11.0%, over a period ending May 21, 2027

Issuer Corgi First Trust

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 230 220

Starting cap +14.1% +11.0%

Can still gain not published 5.9%

Fall before buffer 2.5% 4.7%

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

Index return this period +2.6% +5.3%

Fund return this period +2.5% +4.0%

State today Open Open

Expense ratio 0.30% 0.85%

Net assets $1m $20m

As of Oct 13, 2026. Source: ETFIQ.

About CTJN

The fund's price can fall 2.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.5% 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. 230 days remained on Oct 13, 2026. On May 31, 2027 the period ends and a new cap is set.

About XMAY

From its price on Oct 13, 2026, the fund can gain about 5.9% more before it reaches its cap. The fund's price can fall 4.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.0% 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. 220 days remained on Oct 13, 2026. On May 21, 2027 the period ends and a new cap is set.

Questions people ask

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

Other comparisons

CTJN vs CPSU CTJN vs DLMY CTJN vs DDTZ CTJN vs PMJN XMAY vs HJUN XMAY vs DLMY XMAY vs DDFZ XMAY vs ZJUN

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

Where these figures came from

Corgi website ↗XMAY filings on SEC EDGAR ↗First Trust page for XMAY ↗

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, CTJN against XMAY, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/ctjn-vs-xmay

Open data

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