Which resets first, DLMY or JUNC?

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

Which is cheaper, DLMY or JUNC?

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

Data as of Nov 4, 2026.

Buffer ETFs

DLMY vs JUNC: Cap, Buffer & Days Left

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

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Net assets: $12m on Nov 3, 2026 for FT Vest U.S. Equity Dual Directional Buffer ETF - May, and $1.0m on Nov 4, 2026 for Corgi U.S. Equities 10% Structured Buffer ETF.

DLMY on its own →JUNC on its own →

At a glance

DLMY Between buffer and cap

DLMY: reference +3.7% since period start, fund +3.9%; buffer 0 to −10; cap +14.1%; Between buffer and cap. Data to Nov 4, 2026.

JUNC Buffer working

JUNC: reference −0.6% since period start, fund +0.8%; buffer 0 to −10; cap +18.1%; Buffer working. Data to Nov 3, 2026.

Data to Nov 3, 2026.

Pair scorecard

JUNC costs 0.55 points a year less; DLMY is 12.0 times larger.

Points (pts) are percentage points.

DLMY vs JUNC: Cap, Buffer & Days Left
Measure	DLMY	JUNC
Drawdown
Measure	DLMY	JUNC
Index fall to the buffer	3.6%
Benchmark
Measure	DLMY	JUNC
What it tracks	SPY	SPY
Cost and size
Measure	DLMY	JUNC
Expense ratio	0.85%	0.30%
Net assets, as of Nov 3, 2026	$12m	$1.0m
Holdings
Measure	DLMY	JUNC
Holdings in common	not published

Method

Window by window

Window by window: DLMY vs JUNC: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	DLMY	JUNC	DLMY	JUNC
3 months	+0.8%	−0.2%	+1.2 pts	+0.1 pts
Since launchNot the same days: DLMY May 2026 · JUNC Jun 2026	+3.6%	+1.2%	−0.2 pts	+0.2 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →

Side by side

DLMY FT Vest U.S. Equity Dual Directional Buffer ETF - May · Absorbs the first 10% of loss on SPY and caps the gain at 14.1%, over a period ending May 21, 2027 JUNC Corgi U.S. Equities 10% Structured Buffer ETF · Absorbs the first 10% of loss on SPY and caps the gain at 18.1%, over a period ending May 31, 2027

Issuer First Trust Corgi

Reference index SPY SPY

Buffer 10% 10%

Outcome period May 18, 2026 to May 21, 2027 Jun 1, 2026 to May 31, 2027

Days left 198 209

Starting cap +14.1% +18.1%

Can still gain 9.0% not published

Fall before buffer 4.5% 0.0%

Protection left, index points 10.0% of 10.0% 9.4% of 10.0%

Index return this period +3.7% −0.6%

Fund return this period +3.9% +0.8%

State today Open Buffer working

Expense ratio 0.85% 0.30%

Net assets, DLMY as of Nov 3, 2026 and JUNC as of Nov 4, 2026 $12m $1.0m

As of Nov 4, 2026. Source: ETFIQ.

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

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

Alert

About each fund

DLMY

From its price on Nov 4, 2026, the fund can gain about 9.0% 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.

JUNC

Protection left, in index points: 9.4% of the 10.0% 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.

Questions people ask

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

Other comparisons

DLMY vs HJUN DLMY vs DMAY DLMY vs PJUN DLMY vs FMAY JUNC vs PMJN JUNC vs XMAY JUNC vs MAYM JUNC vs HJUN

Where to next

State Street® SPDR® S&P 500® ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →DLMY on its own →JUNC on its own →Method →Standards and sources →

Sources and dates

DLMY filings on SEC EDGAR ↗

First Trust page for DLMY ↗

Corgi website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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, DLMY against JUNC, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/dlmy-vs-junc

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