Data as of .
JULT vs UJUL: which one stands where?
As of Sep 21, 2026 UJUL can fall 7.3% before its buffer engages and JULT 3.5%, and UJUL resets 1 days sooner.
ETFIQ Downside Cover Score: UJUL scores higher
If the market falls into a bear market from here, how much does the buffer absorb?
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
UJUL resets first, on Jun 30, 2027, 282 days from now; JULT runs to Jun 30, 2027, 283 days. JULT can still gain 13.3% before its cap, UJUL 11.4%. A fall from here reaches JULT’s buffer after 3.5% and UJUL’s after 7.3%. 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 | UJUL | JULT | UJUL | |
| 3 months | +2.1% | +1.6% | −0.1 pts | −0.7 pts |
| 6 months | +11.1% | +7.9% | −6.9 pts | −10.1 pts |
| 1 year | +11.4% | +8.4% | −5.1 pts | −8.2 pts |
| 3 years | +54.0% | +43.2% | −24.4 pts | −35.2 pts |
| 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 | UJUL Innovator U.S. Equity Ultra Buffer ETF - Jul Absorbs losses from 5.0% to 35.0% on SPY and caps the gain at 14.2%, over a period ending Jun 30, 2027 | |
|---|---|---|
| Issuer | AllianzIM | Innovator |
| Reference index | SPY | SPY |
| Buffer | 10% | 5% to 35% |
| Outcome period | Jul 1, 2026 to Jun 30, 2027 | Jun 30, 2026 to Jun 30, 2027 |
| Days left | 283 | 282 |
| Starting cap | +17.3% | +14.2% |
| Can still gain | 13.3% | 11.4% |
| Fall before buffer | 3.5% | 7.3% |
| Protection left, index points | 10.0% of 10.0% | 30.0% of 30.0% |
| Index return this period | +3.6% | +3.6% |
| Fund return this period | +2.8% | +2.3% |
| State today | Open | Open |
| Expense ratio | 0.74% | 0.79% |
| Net assets | $58m | $300m |
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.
UJUL in plain words
From its price on Sep 21, 2026, the fund can gain about 11.4% more before it reaches its cap. The fund's price can fall 7.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 8.3% from today's level to the point where the buffer begins. Protection left, in index points: 30.0% of the 30.0% buffer still sits below today's SPY level. 282 days remained on Sep 21, 2026.
Questions people ask
- Which has more room to gain, JULT or UJUL?
- From their prices on Sep 21, 2026, JULT can gain about 13.3% before its cap and UJUL about 11.4%, so JULT has more room left this period.
- Which resets first, JULT or UJUL?
- JULT ends its outcome period on Jun 30, 2027 and UJUL on Jun 30, 2027. A new cap is set the day after each.
- Which is cheaper, JULT or UJUL?
- JULT charges 0.74% a year and UJUL charges 0.79%, 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 UJUL, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/jult-vs-ujul Free to use with attribution; the underlying files are at Open data.