{"url":"https://etfiq.com/compare/buffer/ksep-vs-saug","section":"compare","title":"KSEP vs SAUG: which one stands where? | ETFIQ","description":"As of Oct 1, 2026 KSEP can gain 20.9% before its cap and SAUG 20.9%. Each can fall 0.0% and 0.0% 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, KSEP or SAUG?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 1, 2026, KSEP can gain about 20.9% before its cap and SAUG about 20.9%, so KSEP has more room left this period."}},{"@type":"Question","name":"Which resets first, KSEP or SAUG?","acceptedAnswer":{"@type":"Answer","text":"KSEP ends its outcome period on Aug 31, 2027 and SAUG on Aug 20, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, KSEP or SAUG?","acceptedAnswer":{"@type":"Answer","text":"KSEP charges 0.79% a year and SAUG charges 0.90%, so KSEP 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":"KSEP vs SAUG","item":"https://etfiq.com/compare/buffer/ksep-vs-saug"}]},{"@type":"WebPage","name":"KSEP vs SAUG: which one stands where?","description":"As of Oct 1, 2026 KSEP can gain 20.9% before its cap and SAUG 20.9%. Each can fall 0.0% and 0.0% before its buffer engages, on IWM.","url":"https://etfiq.com/compare/buffer/ksep-vs-saug","dateModified":"2026-10-01","abstract":"As of Oct 1, 2026 KSEP can fall 0.0% before its buffer engages and SAUG 0.0%, and SAUG resets 11 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 KSEP and SAUG","description":"As of Oct 1, 2026 KSEP can gain 20.9% before its cap and SAUG 20.9%. Each can fall 0.0% and 0.0% before its buffer engages, on IWM.","dateModified":"2026-10-01","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/ksep-vs-saug","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":5367,"truncated":true,"content":"ETFIQ / Buffer ETFs / Head to head / KSEP vs SAUG \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 1, 2026 .\n\n KSEP vs SAUG: which one stands where?\n\n As of Oct 1, 2026 KSEP can fall 0.0% before its buffer engages and SAUG 0.0%, and SAUG resets 11 days sooner.\n Copy this for sharing \n \n Innovator U.S. Small Cap Power Buffer ETF - Sep and FT Vest U.S. Small Cap Moderate Buffer ETF - August.\n\n Download as PDF \n\n 0.0% KSEP can fall this far before its buffer \n 0.0% SAUG can fall this far before its buffer \n 20.9% KSEP can still gain \n 20.9% SAUG can still gain \n\n ETFIQ Downside Cover Sc","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/ksep-vs-saug","a":{"ticker":"KSEP","name":"Innovator U.S. Small Cap Power Buffer ETF - Sep","issuer":"Innovator","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, KSEP's buffer is absorbing losses, with 9.5% of 15.0% points still beneath IWM.","url":"https://etfiq.com/funds/ksep","key_facts":[{"label":"Can still gain","value":"20.9%","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":"9.5%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"335","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$38m","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":"SAUG","name":"FT Vest U.S. Small Cap Moderate Buffer ETF - August","issuer":"First Trust","desk":"buffer","as_of":"2026-09-30","verdict":"As of Sep 30, 2026, SAUG's buffer is absorbing losses, with 7.7% of 15.0% points still beneath IWM.","url":"https://etfiq.com/funds/saug","key_facts":[{"label":"Can still gain","value":"20.9%","as_of":"2026-09-30","source":null},{"label":"Fall before the buffer","value":"0.0%","as_of":"2026-09-30","source":null},{"label":"Protection left, index points","value":"7.7%","as_of":"2026-09-30","source":null},{"label":"Days to reset","value":"324","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$124m","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/ksep-vs-saug"}