EMJL absorbs 75% of the next 20% fall in what it tracks.
If the market falls into a bear market from here, how much does the buffer absorb?
Share of a 20% fall the buffer absorbs
That is the share of the 293 buffer ETFs with a live outcome period sitting at or below EMJL. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.
In index terms, EEM can fall 2.0% 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 EEM level. 292 days remained on Sep 11, 2026. On Jun 30, 2027 the period ends and a new cap is set.
EMJL (Corgi Emerging Markets Equities 15% Structured Buffer ETF - July Series), buffer ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Reference index
EEM
Buffer
15%
Outcome period
Jul 1, 2026 to Jun 30, 2027
Starting cap
+30.2%
EEM return since period start
+2.0%
Fund return since period start
−0.5%
Net assets (issuer page, as of Sep 11, 2026)
$994,856
Band state today (ETFIQ)
Open
Can still gain (issuer, fund price)
not published
Fall before buffer (issuer, fund price)
2.0%
Fall to the buffer in index terms (ETFIQ)
2.0%
Protection left in index points (ETFIQ)
15.0% of 15.0%
Days left in period
292
Expense ratio (issuer page, Sep 11, 2026)
0.30%
Issuer-published figures as of the date shown; ETFIQ calculations marked. Definitions on the learn page. How these figures are computed
Questions people ask
How far can EMJL fall before the buffer helps?
2.0% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms EEM can fall 2.0% from that level before the buffer begins. Losses until that point are the holder's.
How much of the EMJL buffer is left?
15.0% of the 15.0% buffer sat below the EEM level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does EMJL reset?
The outcome period ends on Jun 30, 2027, 292 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.
What does EMJL cost?
The prospectus expense ratio is 0.30% a year.
The words on this page
Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
EMJL, Buffer ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Cite this page. ETFIQ, EMJL, buffer ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/EMJL Free to use with attribution; the underlying files are at Open data.