{"url":"https://etfiq.com/compare/buffer/fjul-vs-psep","section":"compare","title":"FJUL vs PSEP: Cap, Buffer & Days Left | ETFIQ","description":"As of Oct 28, 2026 FJUL can gain 12.4% before its cap and PSEP 13.8%. Each can fall 3.9% and 1.1% before its buffer engages, on SPY.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, FJUL or PSEP?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 28, 2026, FJUL can gain about 12.4% before its cap and PSEP about 13.8%, so PSEP has more room left this period."}},{"@type":"Question","name":"Which resets first, FJUL or PSEP?","acceptedAnswer":{"@type":"Answer","text":"FJUL ends its outcome period on Jul 16, 2027 and PSEP on Aug 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, FJUL or PSEP?","acceptedAnswer":{"@type":"Answer","text":"FJUL charges 0.85% a year and PSEP charges 0.79%, so PSEP is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"FJUL vs PSEP","item":"https://etfiq.com/compare/buffer/fjul-vs-psep"}]},{"@type":"WebPage","name":"FJUL vs PSEP: Cap, Buffer & Days Left","description":"As of Oct 28, 2026 FJUL can gain 12.4% before its cap and PSEP 13.8%. Each can fall 3.9% and 1.1% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/fjul-vs-psep","dateModified":"2026-10-28","abstract":"As of Oct 28, 2026 FJUL can fall 3.9% before its buffer engages and PSEP 1.1%, and FJUL resets 46 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of FJUL and PSEP","description":"As of Oct 28, 2026 FJUL can gain 12.4% before its cap and PSEP 13.8%. Each can fall 3.9% and 1.1% before its buffer engages, on SPY.","dateModified":"2026-10-28","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/fjul-vs-psep","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":7000,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / FJUL vs PSEP \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 28, 2026 .\n\n FJUL vs PSEP: Cap, Buffer & Days Left\n\n As of Oct 28, 2026 FJUL can fall 3.9% before its buffer engages and PSEP 1.1%, and FJUL resets 46 days sooner.\n Copy this for sharing \n \n PSEP costs 0.06 points a year less; their one-year returns differ by 2.4 points; FJUL is 1.2 times larger.\n FJUL and PSEP at a glance. As of Oct 28, 2026. Source: ETFIQ. FJUL PSEP \n Expense ratio 0.85% 0.79% \n Net assets, as of Oct 27, 2026 $1.4bn $1.2bn \n Total return, 1 year +11.4% +9.0% \n What it","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, FJUL against PSEP, data as of Oct 28, 2026. https://etfiq.com/compare/buffer/fjul-vs-psep","a":{"ticker":"FJUL","name":"FT Vest U.S. Equity Buffer ETF - July","issuer":"First Trust","desk":"buffer","as_of":"2026-10-28","verdict":"Since Jul 20, 2026, FJUL returned 3.2%, against SPY's 3.9% price return. It can gain 12.4% more before its cap.","url":"https://etfiq.com/funds/fjul","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"12.4%","as_of":"2026-10-28","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"3.9%","as_of":"2026-10-28","source":null},{"label":"Protection left, index points","value":"10.0%","as_of":"2026-10-28","source":null},{"label":"Days to reset","value":"261","as_of":"2026-10-28","source":null},{"label":"Net assets","value":"$1.4bn","as_of":"2026-10-27","source":"issuer page, as of Oct 27, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-10-28","source":"issuer page, Oct 28, 2026"}]},"b":{"ticker":"PSEP","name":"Innovator U.S. Equity Power Buffer ETF - Sep","issuer":"Innovator","desk":"buffer","as_of":"2026-10-28","verdict":"Since Aug 31, 2026, PSEP returned 0.9%, against SPY's 0.6% price return. It can gain 13.8% more before its cap.","url":"https://etfiq.com/funds/psep","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"13.8%","as_of":"2026-10-28","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"1.1%","as_of":"2026-10-28","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-10-28","source":null},{"label":"Days to reset","value":"307","as_of":"2026-10-28","source":null},{"label":"Net assets","value":"$1.2bn","as_of":"2026-10-28","source":"issuer page, as of Oct 28, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-28","source":"issuer page, Oct 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/fjul-vs-psep"}