Which has more room to gain, JUNM or PMJL?

From their prices on Nov 4, 2026, JUNM can gain about 4.9% before its cap and PMJL about 5.7%, so PMJL has more room left this period.

Which resets first, JUNM or PMJL?

JUNM ends its outcome period on Jun 17, 2027 and PMJL on Jun 30, 2027. A new cap is set the day after each.

Which is cheaper, JUNM or PMJL?

JUNM charges 0.85% a year and PMJL charges 0.50%, so PMJL is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

JUNM vs PMJL: Cap, Buffer & Days Left

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As of Nov 4, 2026 JUNM can fall 2.3% before its buffer engages and PMJL 2.1%, and JUNM resets 13 days sooner.

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Net assets: $66m on Nov 3, 2026 for FT Vest U.S. Equity Max Buffer ETF - June, and $7.0m on Nov 4, 2026 for PGIM S&P 500 Max Buffer ETF - July.

JUNM on its own →PMJL on its own →

At a glance

2.3%

JUNM can fall this far before its buffer

2.1%

PMJL can fall this far before its buffer

4.9%

JUNM can still gain

5.7%

PMJL can still gain

JUNM Full floor

JUNM: reference +2.7% since period start, fund +1.5%; buffer Floor; cap +7.3%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

PMJL Full floor

PMJL: reference +2.7% since period start, fund +1.7%; buffer Floor; cap +8.0%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PMJL costs 0.35 points a year less; their one-year returns differ by 0.9 points; JUNM is 9.4 times larger.

Points (pts) are percentage points.

JUNM vs PMJL: Cap, Buffer & Days Left
Measure	JUNM	PMJL
Return
Measure	JUNM	PMJL
Total return, 1 year	+4.8%	+5.7%
Drawdown
Measure	JUNM	PMJL
Index fall to the buffer	2.6%
Benchmark
Measure	JUNM	PMJL
What it tracks	SPY	SPY
Cost and size
Measure	JUNM	PMJL
Expense ratio	0.85%	0.50%
Net assets, as of Nov 3, 2026	$66m	$7.0m
Holdings
Measure	JUNM	PMJL
Holdings in common	not published

Method

Window by window

Window by window: JUNM vs PMJL: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	JUNM	PMJL	JUNM	PMJL
3 months	+0.7%	+0.7%	+1.0 pts	+1.1 pts
6 months	+2.0%	+2.5%	−2.5 pts	−2.0 pts
1 year	+4.8%	+5.7%	−8.7 pts	−7.8 pts
Since launchNot the same days: JUNM Jun 2024 · PMJL Jul 2025	+16.6%	+8.3%	−24.7 pts	−15.9 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →

Side by side

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 PMJL PGIM S&P 500 Max Buffer ETF - July · Absorbs the whole loss on SPY and caps the gain at 8.0%, over a period ending Jun 30, 2027

Issuer First Trust PGIM

Reference index SPY SPY

Buffer 100% 100%

Outcome period Jun 22, 2026 to Jun 17, 2027 Jul 1, 2026 to Jun 30, 2027

Days left 225 238

Starting cap +7.3% +8.0%

Can still gain 4.9% 5.7%

Fall before buffer 2.3% 2.1%

Protection left, index points 100.0% of 100.0% 100.0% of 100.0%

Index return this period +2.7% +2.7%

Fund return this period +1.5% +1.7%

State today Open Open

Expense ratio 0.85% 0.50%

Net assets, JUNM as of Nov 3, 2026 and PMJL as of Nov 4, 2026 $66m $7.0m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

JUNM resets first, on Jun 17, 2027, 225 days from now; PMJL runs to Jun 30, 2027, 238 days. JUNM can still gain 4.9% before its cap, PMJL 5.7%. A fall from here reaches JUNM’s buffer after 2.3% and PMJL’s after 2.1%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

JUNM

From its price on Nov 4, 2026, the fund can gain about 4.9% more before it reaches its cap. The fund's price can fall 2.3% 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: 100.0% of the 100.0% buffer still sits below today's SPY level. 225 days remained on Nov 4, 2026. On Jun 17, 2027 the period ends and a new cap is set.

PMJL

From its price on Nov 4, 2026, the fund can gain about 5.7% more before it reaches its cap. The fund's price can fall 2.1% from here before the buffer starts absorbing losses, by the issuer's number. 238 days remained on Nov 4, 2026. On Jun 30, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, JUNM or PMJL?: From their prices on Nov 4, 2026, JUNM can gain about 4.9% before its cap and PMJL about 5.7%, so PMJL has more room left this period.
Which resets first, JUNM or PMJL?: JUNM ends its outcome period on Jun 17, 2027 and PMJL on Jun 30, 2027. A new cap is set the day after each.
Which is cheaper, JUNM or PMJL?: JUNM charges 0.85% a year and PMJL charges 0.50%, so PMJL is cheaper. Fees come from each fund's prospectus.

Other comparisons

JUNM vs PJUL JUNM vs CTJL JUNM vs CJUL JUNM vs CPSJ PMJL vs PJUL PMJL vs CTJL PMJL vs CJUL PMJL vs PBJL

Where to next

State Street® SPDR® S&P 500® ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →JUNM on its own →PMJL on its own →Method →Standards and sources →

Sources and dates

JUNM filings on SEC EDGAR ↗

First Trust page for JUNM ↗

PMJL filings on SEC EDGAR ↗

PGIM website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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.

Cite this pageCitation, APA and Markdown

ETFIQ, JUNM against PMJL, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/junm-vs-pmjl

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.