{"url":"https://etfiq.com/compare/buffer/pbmy-vs-umay","section":"compare","title":"PBMY vs UMAY: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 PBMY can gain 6.0% before its cap and UMAY 7.1%. Each can fall 4.8% and 9.6% before its buffer engages, on SPY.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, PBMY or UMAY?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Nov 4, 2026, PBMY can gain about 6.0% before its cap and UMAY about 7.1%, so UMAY has more room left this period."}},{"@type":"Question","name":"Which resets first, PBMY or UMAY?","acceptedAnswer":{"@type":"Answer","text":"PBMY ends its outcome period on Apr 30, 2027 and UMAY on Apr 30, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, PBMY or UMAY?","acceptedAnswer":{"@type":"Answer","text":"PBMY charges 0.50% a year and UMAY charges 0.79%, so PBMY 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":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"PBMY vs UMAY","item":"https://etfiq.com/compare/buffer/pbmy-vs-umay"}]},{"@type":"WebPage","name":"PBMY vs UMAY: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 PBMY can gain 6.0% before its cap and UMAY 7.1%. Each can fall 4.8% and 9.6% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/pbmy-vs-umay","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 UMAY can fall 9.6% before its buffer engages and PBMY 4.8%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of PBMY and UMAY","description":"As of Nov 4, 2026 PBMY can gain 6.0% before its cap and UMAY 7.1%. Each can fall 4.8% and 9.6% before its buffer engages, on SPY.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/pbmy-vs-umay","license":"https://etfiq.com/license/","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":6590,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / PBMY vs UMAY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n PBMY vs UMAY: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 UMAY can fall 9.6% before its buffer engages and PBMY 4.8%.\n Copy this for sharing \n \n PBMY costs 0.29 points a year less; their one-year returns differ by 0.2 points; UMAY is 2.1 times larger.\n PBMY and UMAY at a glance. As of Nov 4, 2026. Source: ETFIQ. PBMY UMAY \n Expense ratio 0.50% 0.79% \n Net assets $40m $84m \n Total return, 1 year +8.3% +8.5% \n What it tracks SPY SPY \n Holdings in common not published \n \n Net a","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/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, PBMY against UMAY, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/pbmy-vs-umay","a":{"ticker":"PBMY","name":"PGIM S&P 500 Buffer 20 ETF - May ","issuer":"PGIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since May 1, 2026, PBMY returned 4.5%, against SPY's 6.7% price return. It can gain 6.0% more before its cap.","url":"https://etfiq.com/funds/pbmy","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"6.0%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"4.8%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"177","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$40m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-11-04","source":"issuer data, Nov 4, 2026"}]},"b":{"ticker":"UMAY","name":"Innovator U.S. Equity Ultra Buffer ETF - May","issuer":"Innovator","desk":"buffer","as_of":"2026-11-04","verdict":"Since Apr 30, 2026, UMAY returned 4.7%, against SPY's 6.7% price return. It can gain 7.1% more before its cap.","url":"https://etfiq.com/funds/umay","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"7.1%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"9.6%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"30.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"177","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$84m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-11-04","source":"issuer page, Nov 4, 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/pbmy-vs-umay"}