Which has more room to gain, FJUN or PMJL?

From their prices on Nov 4, 2026, FJUN can gain about 12.6% before its cap and PMJL about 5.7%, so FJUN has more room left this period.

Which resets first, FJUN or PMJL?

FJUN ends its outcome period on Jun 17, 2027 and PMJL on Jun 30, 2027. A new cap is set the day after each.

Which is cheaper, FJUN or PMJL?

FJUN charges 0.85% a year and PMJL charges 0.50%, so PMJL is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

FJUN vs PMJL: Cap, Buffer & Days Left

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As of Nov 4, 2026 FJUN can fall 3.4% before its buffer engages and PMJL 2.1%, and FJUN resets 13 days sooner.

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Net assets: $1.4bn on Nov 3, 2026 for FT Vest U.S. Equity Buffer ETF - June, and $7.0m on Nov 4, 2026 for PGIM S&P 500 Max Buffer ETF - July.

FJUN on its own →PMJL on its own →

At a glance

3.4%

FJUN can fall this far before its buffer

2.1%

PMJL can fall this far before its buffer

12.6%

FJUN can still gain

5.7%

PMJL can still gain

FJUN Between buffer and cap

FJUN: reference +2.7% since period start, fund +2.7%; buffer 0 to −10; cap +16.4%; Between buffer and cap. Data to Nov 4, 2026.

PMJL Full floor

PMJL: reference +2.7% since period start, fund +1.7%; buffer Floor; cap +8.0%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PMJL costs 0.35 points a year less; their one-year returns differ by 3.9 points; FJUN is far larger, $1.4bn against $7.0m.

Points (pts) are percentage points.

FJUN vs PMJL: Cap, Buffer & Days Left
Measure	FJUN	PMJL
Return
Measure	FJUN	PMJL
Total return, 1 year	+9.6%	+5.7%
Drawdown
Measure	FJUN	PMJL
Index fall to the buffer	2.6%
Benchmark
Measure	FJUN	PMJL
What it tracks	SPY	SPY
Cost and size
Measure	FJUN	PMJL
Expense ratio	0.85%	0.50%
Net assets, as of Nov 3, 2026	$1.4bn	$7.0m
Holdings
Measure	FJUN	PMJL
Holdings in common	not published

Method

Window by window

Window by window: FJUN vs PMJL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	FJUN	PMJL	FJUN	PMJL
3 months	+0.5%	+0.7%	+0.8 pts	+1.1 pts
6 months	+3.7%	+2.5%	−0.8 pts	−2.0 pts
1 year	+9.6%	+5.7%	−4.0 pts	−7.8 pts
3 years	+49.5%	–	−26.9 pts	–
Since launchNot the same days: FJUN Jun 2020 · PMJL Jul 2025	+101.6%	+8.3%	−45.3 pts	−15.9 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

FJUN FT Vest U.S. Equity Buffer ETF - June · Absorbs the first 10% of loss on SPY and caps the gain at 16.4%, over a period ending Jun 17, 2027 PMJL PGIM S&P 500 Max Buffer ETF - July · Absorbs the whole loss on SPY and caps the gain at 8.0%, over a period ending Jun 30, 2027

Issuer First Trust PGIM

Reference index SPY SPY

Buffer 10% 100%

Outcome period Jun 22, 2026 to Jun 17, 2027 Jul 1, 2026 to Jun 30, 2027

Days left 225 238

Starting cap +16.4% +8.0%

Can still gain 12.6% 5.7%

Fall before buffer 3.4% 2.1%

Protection left, index points 10.0% of 10.0% 100.0% of 100.0%

Index return this period +2.7% +2.7%

Fund return this period +2.7% +1.7%

State today Open Open

Expense ratio 0.85% 0.50%

Net assets, FJUN as of Nov 3, 2026 and PMJL as of Nov 4, 2026 $1.4bn $7.0m

As of Nov 4, 2026. Source: ETFIQ.

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

FJUN resets first, on Jun 17, 2027, 225 days from now; PMJL runs to Jun 30, 2027, 238 days. FJUN can still gain 12.6% before its cap, PMJL 5.7%. A fall from here reaches FJUN’s buffer after 3.4% and PMJL’s after 2.1%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

FJUN

From its price on Nov 4, 2026, the fund can gain about 12.6% more before it reaches its cap. The fund's price can fall 3.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 2.6% 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. 225 days remained on Nov 4, 2026. On Jun 17, 2027 the period ends and a new cap is set.

PMJL

From its price on Nov 4, 2026, the fund can gain about 5.7% more before it reaches its cap. The fund's price can fall 2.1% from here before the buffer starts absorbing losses, by the issuer's number. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 238 days remained on Nov 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, FJUN or PMJL?: From their prices on Nov 4, 2026, FJUN can gain about 12.6% before its cap and PMJL about 5.7%, so FJUN has more room left this period.
Which resets first, FJUN or PMJL?: FJUN ends its outcome period on Jun 17, 2027 and PMJL on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, FJUN or PMJL?: FJUN charges 0.85% a year and PMJL charges 0.50%, so PMJL is cheaper. Fees come from each fund's prospectus.

Other comparisons

FJUN vs HJLY FJUN vs PJUL FJUN vs CTJL FJUN vs JULC PMJL vs TJUL PMJL vs XBJL PMJL vs JULC PMJL vs HJLY

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 →FJUN on its own →PMJL on its own →Method →Standards and sources →

Sources and dates

FJUN filings on SEC EDGAR ↗

First Trust page for FJUN ↗

PMJL filings on SEC EDGAR ↗

PGIM 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, FJUN against PMJL, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/fjun-vs-pmjl

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