Data as of Nov 4, 2026.
PBJN vs ZJUN: Cap, Buffer & Days Left
As of Nov 4, 2026 PBJN can fall 2.5% before its buffer engages and ZJUN 1.9%.
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Net assets on Nov 4, 2026: $59m for PGIM S&P 500 Buffer 20 ETF - June and $155m for Innovator Equity Defined Protection ETF - 1 Yr June.
PBJN: reference +1.4% since period start, fund +2.0%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Data to Nov 4, 2026.
PBJN: reference +1.4% since period start, fund +2.0%; buffer 0 to −20; cap +12.1%; Between buffer and cap. Data to Nov 4, 2026.ZJUN: reference +1.3% since period start, fund +1.6%; buffer Floor; cap +8.1%; Full floor. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
PBJN costs 0.29 points a year less; their one-year returns differ by 2.2 points; ZJUN is 2.6 times larger.
Points (pts) are percentage points.
| Measure | PBJN | ZJUN |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.0% | +4.8% |
| Drawdown | ||
| Index fall to the buffer | 1.4% | 1.3% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.50% | 0.79% |
| Net assets | $59m | $155m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | PBJN | ZJUN | PBJN | ZJUN |
| 3 months | +0.6% | +0.7% | +1.0 pts | +1.1 pts |
| 6 months | +2.4% | +1.9% | −2.1 pts | −2.6 pts |
| 1 year | +7.0% | +4.8% | −6.6 pts | −8.7 pts |
| Since launchNot the same days: PBJN Jun 2024 · ZJUN Jun 2025 | +25.9% | +7.9% | −19.3 pts | −21.5 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
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. ZJUN is a floor fund, which caps how far a holder can fall. PBJN is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
Where each one stands today
PBJN resets first, on May 31, 2027, 208 days from now; ZJUN runs to May 31, 2027, 208 days. PBJN can still gain 9.3% before its cap, ZJUN 6.0%. A fall from here reaches PBJN’s buffer after 2.5% and ZJUN’s after 1.9%. Both track SPY, so what separates them is where each is in its own period.
PBJN
From its price on Nov 4, 2026, the fund can gain about 9.3% more before it reaches its cap. The fund's price can fall 2.5% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.4% 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. 208 days remained on Nov 4, 2026. On May 31, 2027 the period ends and a new cap is set.
ZJUN
From its price on Nov 4, 2026, the fund can gain about 6.0% more before it reaches its cap. The fund's price can fall 1.9% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.3% 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.
Questions people ask
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.
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ETFIQ, PBJN against ZJUN, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/pbjn-vs-zjun
ETFIQ. (Nov 4, 2026). PBJN against ZJUN. Retrieved from https://etfiq.com/compare/buffer/pbjn-vs-zjun
[PBJN against ZJUN (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/pbjn-vs-zjun)
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