Data as of Nov 4, 2026.
JULW vs PBJL: Cap, Buffer & Days Left
As of Nov 4, 2026 JULW can fall 3.1% before its buffer engages and PBJL 2.9%.
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Net assets: $254m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer20 ETF - Jul, and $74m on Nov 4, 2026 for PGIM S&P 500 Buffer 20 ETF - July .
JULW: reference +2.7% since period start, fund +2.4%; buffer 0 to −20; cap +12.2%; Between buffer and cap. Data to Nov 4, 2026.
JULW: reference +2.7% since period start, fund +2.4%; buffer 0 to −20; cap +12.2%; Between buffer and cap. Data to Nov 4, 2026.PBJL: reference +2.7% since period start, fund +2.4%; buffer 0 to −20; cap +12.3%; Between buffer and cap. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
PBJL costs 0.24 points a year less; their one-year returns differ by 0.2 points; JULW is 3.4 times larger.
Points (pts) are percentage points.
| Measure | JULW | PBJL |
|---|---|---|
| Return | ||
| Total return, 1 year | +8.3% | +8.5% |
| Drawdown | ||
| Index fall to the buffer | 2.6% | |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.74% | 0.50% |
| Net assets, as of Nov 3, 2026 | $254m | $74m |
| Holdings | ||
| Holdings in common | not published | |
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
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 →
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | JULW | PBJL | JULW | PBJL |
| 3 months | +0.8% | +0.8% | +1.1 pts | +1.2 pts |
| 6 months | +3.4% | +3.5% | −1.1 pts | −0.9 pts |
| 1 year | +8.3% | +8.5% | −5.2 pts | −5.0 pts |
| 3 years | +40.4% | – | −36.0 pts | – |
| Since launchNot the same days: JULW Jul 2020 · PBJL May 2024 | +71.7% | +28.0% | −75.3 pts | −20.2 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
As of Nov 4, 2026. Source: ETFIQ.
Where each one stands today
JULW resets first, on Jun 30, 2027, 238 days from now; PBJL runs to Jun 30, 2027, 238 days. JULW can still gain 8.8% before its cap, PBJL 9.2%. A fall from here reaches JULW’s buffer after 3.1% and PBJL’s after 2.9%. Both track SPY, so what separates them is where each is in its own period.
JULW
From its price on Nov 4, 2026, the fund can gain about 8.8% more before it reaches its cap. The fund's price can fall 3.1% 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: 20.0% of the 20.0% buffer still sits below today's SPY level. 238 days remained on Nov 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.
PBJL
From its price on Nov 4, 2026, the fund can gain about 9.2% more before it reaches its cap. The fund's price can fall 2.9% from here before the buffer starts absorbing losses, by the issuer's number.
Questions people ask
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, JULW against PBJL, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/julw-vs-pbjl
ETFIQ. (Nov 4, 2026). JULW against PBJL. Retrieved from https://etfiq.com/compare/buffer/julw-vs-pbjl
[JULW against PBJL (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/julw-vs-pbjl)
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