Data as of .
JULT vs JUNM: which one stands where?
As of Sep 21, 2026 JULT can fall 3.5% before its buffer engages and JUNM 1.9%, and JUNM resets 14 days sooner.
These are two different products. JUNM is a floor fund, which caps how far a holder can fall. JULT is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
Where each one stands today
JUNM resets first, on Jun 17, 2027, 269 days from now; JULT runs to Jun 30, 2027, 283 days. JULT can still gain 13.3% before its cap, JUNM 5.4%. A fall from here reaches JULT’s buffer after 3.5% and JUNM’s after 1.9%. Both track SPY, 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| JULT | JUNM | JULT | JUNM | |
| 3 months | +2.1% | +0.6% | −0.1 pts | −1.6 pts |
| 6 months | +11.1% | +3.2% | −6.9 pts | −14.8 pts |
| 1 year | +11.4% | +4.6% | −5.1 pts | −11.9 pts |
| 3 years | +54.0% | not published | −24.4 pts | not published |
| JULT AllianzIM U.S. Equity Buffer10 ETF - Jul Absorbs the first 10% of loss on SPY and caps the gain at 17.3%, over a period ending Jun 30, 2027 | JUNM FT Vest U.S. Equity Max Buffer ETF - June Absorbs the whole loss on SPY and caps the gain at 7.3%, over a period ending Jun 17, 2027 | |
|---|---|---|
| Issuer | AllianzIM | First Trust |
| Reference index | SPY | SPY |
| Buffer | 10% | 100% |
| Outcome period | Jul 1, 2026 to Jun 30, 2027 | Jun 22, 2026 to Jun 17, 2027 |
| Days left | 283 | 269 |
| Starting cap | +17.3% | +7.3% |
| Can still gain | 13.3% | 5.4% |
| Fall before buffer | 3.5% | 1.9% |
| Protection left, index points | 10.0% of 10.0% | 100.0% of 100.0% |
| Index return this period | +3.6% | +3.6% |
| Fund return this period | +2.8% | +1.0% |
| State today | Open | Open |
| Expense ratio | 0.74% | 0.85% |
| Net assets | $58m | $67m |
JULT in plain words
From its price on Sep 21, 2026, the fund can gain about 13.3% more before it reaches its cap. The fund's price can fall 3.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% 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. 283 days remained on Sep 21, 2026. On Jun 30, 2027 the period ends and a new cap is set.
JUNM in plain words
From its price on Sep 21, 2026, the fund can gain about 5.4% more before it reaches its cap. The fund's price can fall 1.9% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 269 days remained on Sep 21, 2026. On Jun 17, 2027 the period ends and a new cap is set.
Questions people ask
- Which has more room to gain, JULT or JUNM?
- From their prices on Sep 21, 2026, JULT can gain about 13.3% before its cap and JUNM about 5.4%, so JULT has more room left this period.
- Which resets first, JULT or JUNM?
- JULT ends its outcome period on Jun 30, 2027 and JUNM on Jun 17, 2027. A new cap is set the day after each.
- Which is cheaper, JULT or JUNM?
- JULT charges 0.74% a year and JUNM charges 0.85%, so JULT is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, JULT against JUNM, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/jult-vs-junm Free to use with attribution; the underlying files are at Open data.