Which resets first, NAUG or QQAU?

NAUG ends its outcome period on Jul 31, 2027 and QQAU on Jul 31, 2027. A new cap is set the day after each.

Which is cheaper, NAUG or QQAU?

NAUG charges 0.79% a year and QQAU charges 0.30%, so QQAU is cheaper. Fees come from each fund's prospectus.

NAUG vs QQAU: which one stands where?

As of Oct 1, 2026 QQAU can fall 5.4% before its buffer engages and NAUG 4.6%. Innovator Growth-100 Power Buffer ETF - Aug and Corgi Growth & Technology 15% Structured Buffer ETF - August Series.

NAUGBetween buffer and cap

NAUG: reference +7.5% since period start, fund +4.6%; buffer 0 to −15; cap +19.7%; Between buffer and cap.

QQAUBetween buffer and cap

QQAU: reference +5.7% since period start, fund +4.1%; buffer 0 to −15; cap +19.0%; Between buffer and cap.

ETFIQ Downside Cover Score · NAUG scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

NAUG 83.8

QQAU 74.2

0.2, the lowest in this set99.8, the highest

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

NAUG resets first, on Jul 31, 2027, 304 days from now; QQAU runs to Jul 31, 2027, 304 days. A fall from here reaches NAUG’s buffer after 4.6% and QQAU’s after 5.4%. Both track QQQ, 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

	Total return		Gap to the reference
Window	NAUG	QQAU	NAUG	QQAU
3 months	+5.4%	not published	+3.3 pts	not published
6 months	+14.7%	not published	−12.2 pts	not published
1 year	+15.3%	not published	−8.5 pts	not published

NAUG and QQAU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NAUG

Innovator Growth-100 Power Buffer ETF - Aug · Absorbs the first 15% of loss on QQQ and caps the gain at 19.7%, over a period ending Jul 31, 2027

QQAU

Corgi Growth & Technology 15% Structured Buffer ETF - August Series · Absorbs the first 15% of loss on QQQ and caps the gain at 19.0%, over a period ending Jul 31, 2027

Issuer Innovator Corgi

Reference index QQQ QQQ

Buffer 15% 15%

Outcome period Jul 31, 2026 to Jul 31, 2027 Aug 1, 2026 to Jul 31, 2027

Days left 304 304

Starting cap +19.7% +19.0%

Can still gain 14.2% not published

Fall before buffer 4.6% 5.4%

Protection left, index points 15.0% of 15.0% 15.0% of 15.0%

Index return this period +7.5% +5.7%

Fund return this period +4.6% +4.1%

State today Open Open

Expense ratio 0.79% 0.30%

Net assets $68m $1m

NAUG and QQAU on the same fields, as of Oct 1, 2026. Source: ETFIQ.

NAUG in plain words

From its price on Oct 1, 2026, the fund can gain about 14.2% more before it reaches its cap. The fund's price can fall 4.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 7.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's QQQ level. 304 days remained on Oct 1, 2026. On Jul 31, 2027 the period ends and a new cap is set.

QQAU in plain words

The fund's price can fall 5.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 5.4% from today's level to the point where the buffer begins.

Questions people ask

Which resets first, NAUG or QQAU?: NAUG ends its outcome period on Jul 31, 2027 and QQAU on Jul 31, 2027. A new cap is set the day after each.
Which is cheaper, NAUG or QQAU?: NAUG charges 0.79% a year and QQAU charges 0.30%, so QQAU is cheaper. Fees come from each fund's prospectus.

Other comparisons

NAUG vs QAU NAUG vs QCJL QQAU vs QAU QQAU vs QCJL

QQQ →NAUG on its own →QQAU on its own →How every figure is computed →Standards and sources →

Where these figures came from

NAUG filings on SEC EDGAR ↗Innovator page for NAUG ↗QQAU filings on SEC EDGAR ↗Corgi website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, NAUG against QQAU, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/naug-vs-qqau

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.