{"url":"https://etfiq.com/compare/buffer/fmay-vs-pbjn","section":"compare","title":"FMAY vs PBJN: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 FMAY can gain 12.0% before its cap and PBJN 9.3%. Each can fall 4.5% and 2.5% before its buffer engages, on SPY.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, FMAY or PBJN?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Nov 4, 2026, FMAY can gain about 12.0% before its cap and PBJN about 9.3%, so FMAY has more room left this period."}},{"@type":"Question","name":"Which resets first, FMAY or PBJN?","acceptedAnswer":{"@type":"Answer","text":"FMAY ends its outcome period on May 21, 2027 and PBJN on May 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, FMAY or PBJN?","acceptedAnswer":{"@type":"Answer","text":"FMAY charges 0.85% a year and PBJN charges 0.50%, so PBJN 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":"FMAY vs PBJN","item":"https://etfiq.com/compare/buffer/fmay-vs-pbjn"}]},{"@type":"WebPage","name":"FMAY vs PBJN: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 FMAY can gain 12.0% before its cap and PBJN 9.3%. Each can fall 4.5% and 2.5% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/fmay-vs-pbjn","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 FMAY can fall 4.5% before its buffer engages and PBJN 2.5%, and FMAY resets 10 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 FMAY and PBJN","description":"As of Nov 4, 2026 FMAY can gain 12.0% before its cap and PBJN 9.3%. Each can fall 4.5% and 2.5% before its buffer engages, on SPY.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/fmay-vs-pbjn","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":6815,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / FMAY vs PBJN \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n FMAY vs PBJN: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 FMAY can fall 4.5% before its buffer engages and PBJN 2.5%, and FMAY resets 10 days sooner.\n Copy this for sharing \n \n PBJN costs 0.35 points a year less; their one-year returns differ by 2.9 points; FMAY is far larger, $1.5bn against $59m.\n FMAY and PBJN at a glance. As of Nov 4, 2026. Source: ETFIQ. FMAY PBJN \n Expense ratio 0.85% 0.50% \n Net assets, as of Nov 3, 2026 $1.5bn $59m \n Total return, 1 year +9.9% +7.0% \n","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, FMAY against PBJN, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/fmay-vs-pbjn","a":{"ticker":"FMAY","name":"FT Vest U.S. Equity Buffer ETF - May","issuer":"First Trust","desk":"buffer","as_of":"2026-11-04","verdict":"Since May 18, 2026, FMAY returned 3.8%, against SPY's 3.7% price return. It can gain 12.0% more before its cap.","url":"https://etfiq.com/funds/fmay","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"12.0%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"4.5%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"10.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"198","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$1.5bn","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"}]},"b":{"ticker":"PBJN","name":"PGIM S&P 500 Buffer 20 ETF - June ","issuer":"PGIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since Jun 1, 2026, PBJN returned 2.0%, against SPY's 1.4% price return. It can gain 9.3% more before its cap.","url":"https://etfiq.com/funds/pbjn","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"9.3%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"2.5%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"208","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$59m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-11-04","source":"issuer data, Nov 4, 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/fmay-vs-pbjn"}