{"url":"https://etfiq.com/compare/buffer/gaug-vs-pmse","section":"compare","title":"GAUG vs PMSE: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 GAUG can gain 12.1% before its cap and PMSE 7.1%. Each can fall 1.6% and 1.1% 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, GAUG or PMSE?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Nov 4, 2026, GAUG can gain about 12.1% before its cap and PMSE about 7.1%, so GAUG has more room left this period."}},{"@type":"Question","name":"Which resets first, GAUG or PMSE?","acceptedAnswer":{"@type":"Answer","text":"GAUG ends its outcome period on Aug 20, 2027 and PMSE on Aug 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, GAUG or PMSE?","acceptedAnswer":{"@type":"Answer","text":"GAUG charges 0.85% a year and PMSE charges 0.50%, so PMSE 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":"GAUG vs PMSE","item":"https://etfiq.com/compare/buffer/gaug-vs-pmse"}]},{"@type":"WebPage","name":"GAUG vs PMSE: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 GAUG can gain 12.1% before its cap and PMSE 7.1%. Each can fall 1.6% and 1.1% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/gaug-vs-pmse","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 GAUG can fall 1.6% before its buffer engages and PMSE 1.1%, and GAUG resets 11 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 GAUG and PMSE","description":"As of Nov 4, 2026 GAUG can gain 12.1% before its cap and PMSE 7.1%. Each can fall 1.6% and 1.1% before its buffer engages, on SPY.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/gaug-vs-pmse","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":6526,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / GAUG vs PMSE \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n GAUG vs PMSE: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 GAUG can fall 1.6% before its buffer engages and PMSE 1.1%, and GAUG resets 11 days sooner.\n Copy this for sharing \n \n PMSE costs 0.35 points a year less; their one-year returns differ by 3.6 points; GAUG is far larger, $414m against $7.5m.\n GAUG and PMSE at a glance. As of Nov 4, 2026. Source: ETFIQ. GAUG PMSE \n Expense ratio 0.85% 0.50% \n Net assets, as of Nov 3, 2026 $414m $7.5m \n Total return, 1 year +9.3% +5.7% \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, GAUG against PMSE, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/gaug-vs-pmse","a":{"ticker":"GAUG","name":"FT Vest U.S. Equity Moderate Buffer ETF - August","issuer":"First Trust","desk":"buffer","as_of":"2026-11-04","verdict":"Since Aug 24, 2026, GAUG returned 0.7%, against SPY's 0.1% price return. It can gain 12.1% more before its cap.","url":"https://etfiq.com/funds/gaug","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"12.1%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"1.6%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"289","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$414m","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":"PMSE","name":"PGIM S&P 500 Max Buffer ETF - September","issuer":"PGIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since Sep 1, 2026, PMSE returned 0.7%, against SPY's 0.0% price return. 100.0% of its 100.0% buffer is left.","url":"https://etfiq.com/funds/pmse","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"7.1%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"1.1%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"100.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"300","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$7.5m","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/gaug-vs-pmse"}