Which resets first, IJUL or JULI?

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

Which is cheaper, IJUL or JULI?

IJUL charges 0.85% a year and JULI charges 0.79%, so JULI is cheaper. Fees come from each fund's prospectus.

IJUL vs JULI: which one stands where?

As of Oct 1, 2026 IJUL can fall 0.5% before its buffer engages and JULI 0.1%. Innovator Intl Developed Power Buffer ETF - Jul and AllianzIM International Equity Buffer15 Uncapped ETF - Jul.

0.5%

IJUL can fall this far before its buffer

0.1%

JULI can fall this far before its buffer

16.3%

IJUL can still gain

uncapped

JULI can still gain

IJULBetween buffer and cap

IJUL: reference 0.0% since period start, fund +0.3%; buffer 0 to −15; cap +16.9%; Between buffer and cap.

JULINo cap

JULI: reference 0.0% since period start, fund −0.6%; buffer 0 to −15; no cap; No cap.

ETFIQ Downside Cover Score · IJUL scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

IJUL 83.8

JULI 83.8

0.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

IJUL resets first, on Jun 30, 2027, 273 days from now; JULI runs to Jun 30, 2027, 273 days. A fall from here reaches IJUL’s buffer after 0.5% and JULI’s after 0.1%. Both track EFA, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	IJUL	JULI	IJUL	JULI
3 months	+0.7%	0.0%	−0.2 pts	−0.8 pts
6 months	+6.3%	not published	−0.7 pts	not published
1 year	+10.5%	not published	−4.5 pts	not published
3 years	+41.9%	not published	−23.8 pts	not published

IJUL and JULI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IJUL

Innovator Intl Developed Power Buffer ETF - Jul · Absorbs the first 15% of loss on EFA and caps the gain at 16.9%, over a period ending Jun 30, 2027

JULI

AllianzIM International Equity Buffer15 Uncapped ETF - Jul · Absorbs the first 15% of loss on EFA and does not cap the gain, over a period ending Jun 30, 2027

Issuer Innovator AllianzIM

Reference index EFA EFA

Buffer 15% 15%

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

Days left 273 273

Starting cap +16.9% uncapped

Can still gain 16.3% uncapped

Fall before buffer 0.5% 0.1%

Protection left, index points 15.0% of 15.0% 15.0% of 15.0%

Index return this period 0.0% 0.0%

Fund return this period +0.3% −0.6%

State today Open Uncapped

Expense ratio 0.85% 0.79%

Net assets $250m $6m

IJUL and JULI on the same fields, as of Oct 1, 2026. Source: ETFIQ.

IJUL in plain words

From its price on Oct 1, 2026, the fund can gain about 16.3% more before it reaches its cap. The fund's price can fall 0.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EFA level. 273 days remained on Oct 1, 2026. On Jun 30, 2027 the period ends and a new cap is set.

JULI in plain words

This fund has no cap. It takes a share of any further rise in EFA. The fund's price can fall 0.1% from here before the buffer starts absorbing losses, by the issuer's figure.

Questions people ask

Which resets first, IJUL or JULI?: IJUL ends its outcome period on Jun 30, 2027 and JULI on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, IJUL or JULI?: IJUL charges 0.85% a year and JULI charges 0.79%, so JULI is cheaper. Fees come from each fund's prospectus.

Other comparisons

IJUL vs IDJL IJUL vs YJUN JULI vs IDJL JULI vs YJUN

EFA →IJUL on its own →JULI on its own →How every figure is computed →Standards and sources →

Where these figures came from

IJUL filings on SEC EDGAR ↗Innovator page for IJUL ↗JULI filings on SEC EDGAR ↗AllianzIM page for JULI ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IJUL against JULI, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ijul-vs-juli

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.