Data as of Nov 4, 2026.
FMAY vs JUNC: Cap, Buffer & Days Left
FMAY 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: $1.5bn on Nov 3, 2026 for FT Vest U.S. Equity Buffer ETF - May, and $1.0m on Nov 4, 2026 for Corgi U.S. Equities 10% Structured Buffer ETF.
FMAY: reference +3.7% since period start, fund +3.8%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.
FMAY: reference +3.7% since period start, fund +3.8%; buffer 0 to −10; cap +17.1%; Between buffer and cap. Data to Nov 4, 2026.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; FMAY is far larger, $1.5bn against $1.0m.
Points (pts) are percentage points.
| Measure | FMAY | JUNC |
|---|---|---|
| Return | ||
| Total return, 1 year | +9.9% | not published |
| Drawdown | ||
| Index fall to the buffer | 3.6% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.85% | 0.30% |
| Net assets, as of Nov 3, 2026 | $1.5bn | $1.0m |
| Holdings | ||
| Holdings in common | not published | |
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
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 →
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | FMAY | JUNC | FMAY | JUNC |
| 3 months | +0.5% | −0.2% | +0.9 pts | +0.1 pts |
| 6 months | +3.8% | – | −0.7 pts | – |
| 1 year | +9.9% | – | −3.6 pts | – |
| 3 years | +48.5% | – | −27.9 pts | – |
| Since launchNot the same days: FMAY May 2020 · JUNC Jun 2026 | +85.5% | +1.2% | −74.4 pts | +0.2 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
As of Nov 4, 2026. Source: ETFIQ.
Where each one stands today
FMAY resets first, on May 21, 2027, 198 days from now; JUNC runs to May 31, 2027, 209 days. A fall from here reaches FMAY’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.
FMAY
From its price on Nov 4, 2026, the fund can gain about 12.0% 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
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, FMAY against JUNC, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/fmay-vs-junc
ETFIQ. (Nov 4, 2026). FMAY against JUNC. Retrieved from https://etfiq.com/compare/buffer/fmay-vs-junc
[FMAY against JUNC (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/fmay-vs-junc)
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