Which has more room to gain, PMJN or ZJUN?

From their prices on Nov 4, 2026, PMJN can gain about 5.4% before its cap and ZJUN about 6.0%, 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.

Data as of Nov 4, 2026.

Buffer ETFs

PMJN vs ZJUN: Cap, Buffer & Days Left

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As of Nov 4, 2026 PMJN can fall 1.9% before its buffer engages and ZJUN 1.9%.

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Net assets on Nov 4, 2026: $10m for PGIM S&P 500 Max Buffer ETF - June and $155m for Innovator Equity Defined Protection ETF - 1 Yr June.

PMJN on its own →ZJUN on its own →

At a glance

1.9%

PMJN can fall this far before its buffer

1.9%

ZJUN can fall this far before its buffer

5.4%

PMJN can still gain

6.0%

ZJUN can still gain

PMJN Full floor

PMJN: reference +1.4% since period start, fund +1.4%; buffer Floor; cap +7.4%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

ZJUN Full floor

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

PMJN costs 0.29 points a year less; both returned +4.8% over a year; ZJUN is 15.5 times larger.

Points (pts) are percentage points.

PMJN vs ZJUN: Cap, Buffer & Days Left
Measure	PMJN	ZJUN
Return
Measure	PMJN	ZJUN
Total return, 1 year	+4.8%	+4.8%
Drawdown
Measure	PMJN	ZJUN
Index fall to the buffer	1.4%	1.3%
Benchmark
Measure	PMJN	ZJUN
What it tracks	SPY	SPY
Cost and size
Measure	PMJN	ZJUN
Expense ratio	0.50%	0.79%
Net assets	$10m	$155m
Holdings
Measure	PMJN	ZJUN
Holdings in common	not published

Method

Window by window

Window by window: PMJN vs ZJUN: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	PMJN	ZJUN	PMJN	ZJUN
3 months	+0.7%	+0.7%	+1.1 pts	+1.1 pts
6 months	+1.7%	+1.9%	−2.8 pts	−2.6 pts
1 year	+4.8%	+4.8%	−8.7 pts	−8.7 pts
Since launchPMJN Jun 2025 · ZJUN Jun 2025	+8.2%	+7.9%	−21.2 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

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

Issuer PGIM Innovator

Reference index SPY SPY

Buffer 100% 100%

Outcome period Jun 1, 2026 to May 31, 2027 May 31, 2026 to May 31, 2027

Days left 208 208

Starting cap +7.4% +8.1%

Can still gain 5.4% 6.0%

Fall before buffer 1.9% 1.9%

Protection left, index points 100.0% of 100.0% 100.0% of 100.0%

Index return this period +1.4% +1.3%

Fund return this period +1.4% +1.6%

State today Open Open

Expense ratio 0.50% 0.79%

Net assets $10m $155m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

PMJN resets first, on May 31, 2027, 208 days from now; ZJUN runs to May 31, 2027, 208 days. PMJN can still gain 5.4% before its cap, ZJUN 6.0%. A fall from here reaches PMJN’s buffer after 1.9% and ZJUN’s after 1.9%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

PMJN

From its price on Nov 4, 2026, the fund can gain about 5.4% 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 1.4% 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. 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. In index terms, SPY can fall 1.3% 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 Nov 4, 2026, PMJN can gain about 5.4% before its cap and ZJUN about 6.0%, 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

PMJN vs XMAY PMJN vs FMAY PMJN vs DDFZ PMJN vs UJUN ZJUN vs DLMY ZJUN vs XMAY ZJUN vs CPSU ZJUN vs DDTZ

Where to next

SPDR S&P 500 ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →PMJN on its own →ZJUN on its own →Method →Standards and sources →

Sources and dates

PMJN filings on SEC EDGAR ↗

PGIM website ↗

ZJUN filings on SEC EDGAR ↗

Innovator page for ZJUN ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, PMJN against ZJUN, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/pmjn-vs-zjun

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.