Which resets first, JULC or PJUL?

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

Which is cheaper, JULC or PJUL?

JULC charges 0.30% a year and PJUL charges 0.79%, so JULC is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

JULC vs PJUL: Cap, Buffer & Days Left

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PJUL can fall 2.7% before its buffer engages as of Nov 4, 2026, and JULC 1.1% as of Nov 3, 2026.

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Net assets on Nov 4, 2026: $1.2m for Corgi U.S. Equities 10% Structured Buffer ETF - July Series and $1.3bn for Innovator U.S. Equity Power Buffer ETF - Jul.

JULC on its own →PJUL on its own →

At a glance

JULC Between buffer and cap

JULC: reference +1.2% since period start, fund +1.9%; buffer 0 to −10; cap +18.2%; Between buffer and cap. Data to Nov 3, 2026.

PJUL Between buffer and cap

PJUL: reference +2.6% since period start, fund +2.5%; buffer 0 to −15; cap +14.0%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

JULC costs 0.49 points a year less; PJUL is far larger, $1.3bn against $1.2m.

Points (pts) are percentage points.

JULC vs PJUL: Cap, Buffer & Days Left
Measure	JULC	PJUL
Return
Measure	JULC	PJUL
Total return, 1 year	not published	+9.3%
Drawdown
Measure	JULC	PJUL
Index fall to the buffer	1.1%	2.6%
Benchmark
Measure	JULC	PJUL
What it tracks	SPY	SPY
Cost and size
Measure	JULC	PJUL
Expense ratio	0.30%	0.79%
Net assets	$1.2m	$1.3bn
Holdings
Measure	JULC	PJUL
Holdings in common	not published

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

IQ Buffer Score38.7JULC83.2PJUL

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

JULC 38.7

PJUL 83.2

0.3, the lowest in this set 99.7, the highest

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 →

Method

Window by window

Window by window: JULC vs PJUL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	JULC	PJUL	JULC	PJUL
3 months	+0.2%	+0.6%	+0.6 pts	+1.0 pts
6 months	–	+3.9%	–	−0.6 pts
1 year	–	+9.3%	–	−4.2 pts
3 years	–	+46.5%	–	−29.9 pts
Since launchNot the same days: JULC Jul 2026 · PJUL Aug 2018	+2.8%	+100.8%	−0.1 pts	−67.8 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

JULC Corgi U.S. Equities 10% Structured Buffer ETF - July Series · Absorbs the first 10% of loss on SPY and caps the gain at 18.2%, over a period ending Jun 30, 2027 PJUL Innovator U.S. Equity Power Buffer ETF - Jul · Absorbs the first 15% of loss on SPY and caps the gain at 14.0%, over a period ending Jun 30, 2027

Issuer Corgi Innovator

Reference index SPY SPY

Buffer 10% 15%

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

Days left 239 238

Starting cap +18.2% +14.0%

Can still gain not published 10.9%

Fall before buffer 1.1% 2.7%

Protection left, index points 10.0% of 10.0% 15.0% of 15.0%

Index return this period +1.2% +2.6%

Fund return this period +1.9% +2.5%

State today Open Open

Expense ratio 0.30% 0.79%

Net assets $1.2m $1.3bn

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

PJUL resets first, on Jun 30, 2027, 238 days from now; JULC runs to Jun 30, 2027, 239 days. A fall from here reaches JULC’s buffer after 1.1% and PJUL’s after 2.7%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

JULC

The fund's price can fall 1.1% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.1% 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. 239 days remained on Nov 3, 2026. On Jun 30, 2027 the period ends and a new cap is set.

PJUL

From its price on Nov 4, 2026, the fund can gain about 10.9% more before it reaches its cap. The fund's price can fall 2.7% 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: 15.0% of the 15.0% buffer still sits below today's SPY level. 238 days remained on Nov 4, 2026.

Questions people ask

Which resets first, JULC or PJUL?: JULC ends its outcome period on Jun 30, 2027 and PJUL on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, JULC or PJUL?: JULC charges 0.30% a year and PJUL charges 0.79%, so JULC is cheaper. Fees come from each fund's prospectus.

Other comparisons

JULC vs DJUN JULC vs BJUL JULC vs UJUL JULC vs JULW PJUL vs XBJL PJUL vs AJUL PJUL vs TJUL PJUL vs XJUN

Where to next

SPY →JULC on its own →PJUL on its own →Method →Standards and sources →

Sources and dates

JULC filings on SEC EDGAR ↗

Corgi website ↗

PJUL filings on SEC EDGAR ↗

Innovator page for PJUL ↗

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, JULC against PJUL, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/julc-vs-pjul

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