{"url":"https://etfiq.com/compare/buffer/kjun-vs-smay","section":"compare","title":"KJUN vs SMAY: which one stands where? | ETFIQ","description":"As of Oct 1, 2026 KJUN can gain 20.0% before its cap and SMAY 16.2%. Each can fall 0.0% and 2.6% before its buffer engages, on IWM.","as_of":"Oct 1, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, KJUN or SMAY?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 1, 2026, KJUN can gain about 20.0% before its cap and SMAY about 16.2%, so KJUN has more room left this period."}},{"@type":"Question","name":"Which resets first, KJUN or SMAY?","acceptedAnswer":{"@type":"Answer","text":"KJUN ends its outcome period on May 31, 2027 and SMAY on May 21, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, KJUN or SMAY?","acceptedAnswer":{"@type":"Answer","text":"KJUN charges 0.79% a year and SMAY charges 0.90%, so KJUN is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"KJUN vs SMAY","item":"https://etfiq.com/compare/buffer/kjun-vs-smay"}]},{"@type":"WebPage","name":"KJUN vs SMAY: which one stands where?","description":"As of Oct 1, 2026 KJUN can gain 20.0% before its cap and SMAY 16.2%. Each can fall 0.0% and 2.6% before its buffer engages, on IWM.","url":"https://etfiq.com/compare/buffer/kjun-vs-smay","dateModified":"2026-10-01","abstract":"As of Oct 1, 2026 SMAY can fall 2.6% before its buffer engages and KJUN 0.0%, and SMAY resets 10 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of KJUN and SMAY","description":"As of Oct 1, 2026 KJUN can gain 20.0% before its cap and SMAY 16.2%. Each can fall 0.0% and 2.6% before its buffer engages, on IWM.","dateModified":"2026-10-01","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/kjun-vs-smay","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":5713,"truncated":true,"content":"ETFIQ / Buffer ETFs / Head to head / KJUN vs SMAY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 1, 2026 .\n\n KJUN vs SMAY: which one stands where?\n\n As of Oct 1, 2026 SMAY can fall 2.6% before its buffer engages and KJUN 0.0%, and SMAY resets 10 days sooner.\n Copy this for sharing \n \n Innovator U.S. Small Cap Power Buffer ETF - Jun and FT Vest U.S. Small Cap Moderate Buffer ETF - May.\n\n Download as PDF \n\n 0.0% KJUN can fall this far before its buffer \n 2.6% SMAY can fall this far before its buffer \n 20.0% KJUN can still gain \n 16.2% SMAY can still gain \n\n ETFIQ Downside Cover Score","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Oct 1, 2026. https://etfiq.com/compare/buffer/kjun-vs-smay","a":{"ticker":"KJUN","name":"Innovator U.S. Small Cap Power Buffer ETF - Jun","issuer":"Innovator","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, KJUN's buffer is absorbing losses, with 10.7% of 15.0% points still beneath IWM.","url":"https://etfiq.com/funds/kjun","key_facts":[{"label":"Can still gain","value":"20.0%","as_of":"2026-10-01","source":null},{"label":"Fall before the buffer","value":"0.0%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"10.7%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"243","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$57m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"}]},"b":{"ticker":"SMAY","name":"FT Vest U.S. Small Cap Moderate Buffer ETF - May","issuer":"First Trust","desk":"buffer","as_of":"2026-09-30","verdict":"As of Sep 30, 2026, SMAY is between its buffer and cap, with IWM up 0.1% since the period began.","url":"https://etfiq.com/funds/smay","key_facts":[{"label":"Can still gain","value":"16.2%","as_of":"2026-09-30","source":null},{"label":"Fall before the buffer","value":"2.6%","as_of":"2026-09-30","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-09-30","source":null},{"label":"Days to reset","value":"233","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$111m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.90%","as_of":"2026-09-30","source":"issuer page, Sep 30, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/kjun-vs-smay"}