Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

PMJN vs ZJUN: which one stands where?

As of Sep 21, 2026 PMJN can fall 1.6% before its buffer engages and ZJUN 1.5%.

PGIM S&P 500 Max Buffer ETF - June and Innovator Equity Defined Protection ETF - 1 Yr June.

1.6%PMJN can fall this far before its buffer
1.5%ZJUN can fall this far before its buffer
5.8%PMJN can still gain
6.4%ZJUN can still gain
PMJNFull floor
full floor beneathfull floor0% period start+7.4% capTODAY · SPY +2.3%full floor beneathfull floor0% start+7.4% capTODAY · SPY +2.3%
ZJUNFull floor
full floor beneathfull floor0% period start+8.1% capTODAY · SPY +2.3%full floor beneathfull floor0% start+8.1% capTODAY · SPY +2.3%

Where each one stands today

PMJN resets first, on May 31, 2027, 252 days from now; ZJUN runs to May 31, 2027, 252 days. PMJN can still gain 5.8% before its cap, ZJUN 6.4%. A fall from here reaches PMJN’s buffer after 1.6% and ZJUN’s after 1.5%. Both track SPY, 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

PMJN and ZJUN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
PMJNZJUNPMJNZJUN
3 months+1.0%+1.0%−1.3 pts−1.2 pts
6 months+3.0%+3.0%−15.0 pts−15.0 pts
1 year+4.7%+4.5%−11.9 pts−12.1 pts
Open the live comparison on ETFIQ
PMJN and ZJUN on the same fields, as of Sep 21, 2026. Source: ETFIQ.
PMJN
PGIM S&P 500 Max Buffer ETF - June
Absorbs the whole loss on SPY and caps the gain at 7.4%, over a period ending May 31, 2027
ZJUN
Innovator Equity Defined Protection ETF - 1 Yr June
Absorbs the whole loss on SPY and caps the gain at 8.1%, over a period ending May 31, 2027
IssuerPGIMInnovator
Reference indexSPYSPY
Buffer100%100%
Outcome periodJun 1, 2026 to May 31, 2027May 31, 2026 to May 31, 2027
Days left252252
Starting cap+7.4%+8.1%
Can still gain5.8%6.4%
Fall before buffer1.6%1.5%
Protection left, index points100.0% of 100.0%100.0% of 100.0%
Index return this period+2.3%+2.3%
Fund return this period+1.1%+1.3%
State todayOpenOpen
Expense ratio0.50%0.79%
Net assets$10m$153m

PMJN in plain words

From its price on Sep 21, 2026, the fund can gain about 5.8% more before it reaches its cap. The fund's price can fall 1.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.2% 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. 252 days remained on Sep 21, 2026. On May 31, 2027 the period ends and a new cap is set.

ZJUN in plain words

From its price on Sep 21, 2026, the fund can gain about 6.4% more before it reaches its cap. The fund's price can fall 1.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.3% from today's level to the point where the buffer begins.

Questions people ask

Which has more room to gain, PMJN or ZJUN?
From their prices on Sep 21, 2026, PMJN can gain about 5.8% before its cap and ZJUN about 6.4%, so ZJUN has more room left this period.
Which resets first, PMJN or ZJUN?
PMJN ends its outcome period on May 31, 2027 and ZJUN on May 31, 2027. A new cap is set the day after each.
Which is cheaper, PMJN or ZJUN?
PMJN charges 0.50% a year and ZJUN charges 0.79%, so PMJN is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

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

PMJN against ZJUN, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PMJN against ZJUN, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/pmjn-vs-zjun Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources