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CAUG Corgi U.S. Equities 15% Structured Buffer ETF - August Series

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$25.51
+0.1% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Since Aug 1, 2026, CAUG returned 1.8%, against SPY's 1.6% price return. It can fall 1.6% before its buffer.

Why did CAUG return +0.9% against SPY’s +0.1%?How much of CAUG’s cap and buffer is left?What does CAUG cost to hold and to trade?
Absorbs the first 15% of loss on SPY and caps the gain at 15.0%, over a period ending Jul 31, 2027Corgi ↗Expense ratio 0.30%Fund assets $1.1m on Oct 28, 2026Benchmark SPYSEC filings ↗Every Corgi fund ETFIQ covers

Promise check: Not measuredNo outcome period of its has finished in ETFIQ's record (snapshots from Sep 4, 2026).

Compare with…Trading costsPut to the committeeaskIQ about CAUGAdd to portfolioAlerts

CAUG risk and return scorecard

vs SPY

Not measured: 10 weekly returns in common, under the 13 a card needs.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

CAUG +0.7%, SPY price return +0.9%: total return over one month to Oct 28, 2026.
CAUG+0.7%
SPY+0.9%
CAUG +0.9%, SPY price return +0.1%: total return since launch to Oct 28, 2026.
CAUG+0.9%
SPY+0.1%
askIQ: why did CAUG return +0.9% against SPY’s +0.1%? ↗

Where does it stand in this outcome period?

Outcome period Aug 1, 2026 to Jul 31, 2027
not published
Can still gain from today’s fund price
1.6%
Fall before the buffer from today’s fund price
Report
15.0%
Protection left, index points
Report
277
Days to reset
Report
askIQ: how much of CAUG’s cap and buffer is left? ↗

More on CAUG

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Price since launch, Aug 4, 2026

$25.51+0.1%1 day, priceClose, Oct 28, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

CAUG returns by window: total return, cash paid and price change
WindowTotal returnSPY price returnGap to SPY
1M Sep 28 – Oct 28, 2026+0.7%+0.9%−0.2 pts
Since launch Aug 4 – Oct 28, 2026+0.9%+0.1%+0.8 pts

Total returns, distributions reinvested. SPY's column is its price return, dividends left out: the basis the outcome period uses. Listed Aug 2026: no 3 months, 6 months, year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Email me when CAUG's outcome period resets.

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Between buffer and cap
Between buffer and capCAUG: reference +1.6% since period start, fund +1.8%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Data to Oct 27, 2026.15 pts of buffer+13.4% more to the cap−15.0% floor0% period start+15.0% cap+1.6% gain capturedTODAY · SPY +1.6%Between buffer and capCAUG: reference +1.6% since period start, fund +1.8%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Data to Oct 27, 2026.15 pts+13.4% to cap−15.0% floor0% start+15.0% cap+1.6% gain capturedTODAY · SPY +1.6%

CAUG: reference +1.6% since period start, fund +1.8%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Data to Oct 27, 2026.

86.1
IQ Buffer ScoreETFIQ Downside Cover Scorejoint 23rd of 292 · Oct 28, 2026
0.2 · lowest of 292 buffer ETFs on stocks with a live outcome period99.8 · highest

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

CAUG absorbs 75% of the next 20% fall in what it tracks.

share of a 20% fall the buffer absorbs75.0% · 86th pct
All 292 ranked by this score →

CAUG key stats

High since Aug 4, 2026, daily closes to Oct 27, 2026 (ETFIQ)$25.61 on Oct 13, 2026
Low since Aug 4, 2026, daily closes to Oct 27, 2026 (ETFIQ)$25.09 on Sep 16, 2026
Close on Oct 27, 2026, within that range (ETFIQ)$25.48, 75% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 27, 2026
Trading · CAUGas of Oct 27, 2026
·
Not scored0 of 6 measured · Oct 27, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
Premium or discount to NAV, Oct 27 close−0.28%
−0.6%95% of days within ±0.47% · the 1% band is off this scale+0.6%
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

If the market falls into a bear market from here, how much does the buffer absorb?

Share of a 20% fall the buffer absorbs
TJUN 0.0%QBQV 15.4%EMJN 21.1%DNOV 22.6%TSEP 23.8%QBIV 24.0%UNOV 24.1%PQV 25.0%QBKV 25.0%QBSV 25.0%EBUF 25.2%SNOV 28.5%UDEC 29.3%DDEC 31.4%QMNV 32.6%DMAR 32.8%FNOV 33.3%QMAR 33.6%NNOV 34.9%UJAN 35.3%ARLU 35.4%QJN 35.5%UAPR 35.7%TDEC 36.4%QDEC 36.8%KNOV 36.9%DJAN 37.0%FHDG 37.5%PQAP 38.6%DFEB 38.9%EJUL 39.0%QJUN 39.8%UMAR 39.8%DECZ 39.9%, and 1 more at this point: UFEB 39.9%QBUF 39.9%NVBT 40.7%BNOV 41.1%APRZ 41.3%NDEC 41.3%NOVP 41.4%PQJA 42.0%TMAR 42.2%TENM 42.3%KJUL 42.7%BAPR 42.8%BDEC 42.9%, and 2 more at this point: PNOV 43.0%, SCJL 43.0%DECT 42.9%FMAR 43.5%KDEC 43.7%GNOV 43.9%SAUG 43.9%APRT 44.8%BAUG 45.0%, and 8 more at this point: BJUL 45.0%, BJUN 45.0%, BMAR 45.0%, BMAY 45.0%, BOCT 45.0%, BSEP 45.0%, EMJL 45.2%, NAPR 45.2%BFEB 45.0%BJAN 45.0%DECP 45.9%KJAN 46.1%JANT 46.2%RSMR 46.8%FDEC 47.1%QJL 47.3%APRP 47.4%DAPR 47.5%, and 4 more at this point: NJAN 47.5%, STEN 47.5%, TEND 47.5%, TENJ 47.5%RSDE 47.7%SCAU 47.9%IBUF 48.8%NVBW 48.8%PBNV 48.9%PDEC 49.1%NMAR 49.5%AUGC 50.0%, and 43 more at this point: EALT 50.0%, FAPR 50.0%, FAUG 50.0%, FEBT 50.0%, FEBZ 50.0%, FFEB 50.0%, FJAN 50.0%, FJUL 50.0%, FJUN 50.0%, FMAY 50.0%, FOCT 50.0%, FSEP 50.0%, JANZ 50.0%, JULC 50.0%, JULT 50.0%, JULZ 50.0%, JUNC 50.0%, JUNT 50.0%, JUNZ 50.0%, MART 50.0%, MARZ 50.0%, MAYC 50.0%, MAYT 50.0%, MAYZ 50.0%, NOVZ 50.0%, OCTT 50.0%, OCTZ 50.0%, PQX 50.0%, QAU 50.0%, QMY 50.0%, QSPT 50.0%, RBUF 50.0%, RSJN 50.0%, RSSE 50.0%, SEPT 50.0%, SEPZ 50.0%, SIXD 50.0%, SIXF 50.0%, SIXJ 50.0%, SIXO 50.0%, SIXP 50.0%, SIXZ 50.0%, ZALT 50.0%AUGT 50.0%AUGZ 50.0%QMFE 50.1%, and 2 more at this point: EOCT 50.2%, PQOC 50.5%NFEB 51.3%UMAY 51.3%JANP 51.4%KAPR 51.8%GMAR 52.1%PQJL 52.6%EJAN 52.8%EMMY 53.0%KSEP 53.0%EAPR 53.5%DECW 53.9%GDEC 54.0%JANU 54.4%INOV 54.7%DMAY 54.9%PBDE 55.2%MARU 55.3%PAPR 55.5%PJAN 55.6%FEBP 56.0%MRCP 56.3%DECU 56.7%QCJA 56.8%NVBU 56.9%ISEP 57.2%KAUG 57.5%IDEC 57.8%DJUL 58.8%KJUN 58.9%DJUN 59.1%GJAN 59.2%, and 1 more at this point: YMAR 59.3%PBAP 59.4%FEBU 59.5%SCJN 59.8%AUGP 60.0%, and 4 more at this point: JUNP 60.0%, MAYP 60.0%, OCTP 60.0%, SEPP 60.0%JULP 60.0%PFEB 60.1%JANW 60.4%, and 1 more at this point: QQJN 60.5%APRW 60.6%PMAR 60.8%EMAU 61.0%PBJA 61.1%GFEB 61.4%UJUL 61.9%DHDG 62.5%SQMX 62.5%QQMY 62.9%YDEC 63.2%KFEB 63.3%UJUN 63.4%IDAU 63.5%, and 1 more at this point: UAUG 63.5%FEBW 64.0%PBFB 64.5%MARW 64.9%NOCT 64.9%QBQF 65.4%PBMR 65.5%IAUG 65.8%, and 1 more at this point: IJAN 65.9%NJUN 65.8%DAUG 66.0%KMAR 66.1%, and 1 more at this point: DSEP 66.2%IMAR 66.7%CMAY 66.9%NJUL 67.1%QCAP 67.8%NOVM 67.9%SFEB 68.0%DOCT 68.3%YSEP 69.0%IJUN 69.4%GAPR 69.6%IAPR 70.0%CTMA 70.1%UOCT 70.1%NMAY 70.2%, and 1 more at this point: USEP 70.5%SCMY 70.7%IDJN 70.9%DECM 71.2%YJUN 71.6%MAYU 71.7%QQJL 72.3%PMAY 73.7%IJUL 73.8%IOCT 73.8%JANM 74.0%, and 3 more at this point: JULI 74.0%, OCTI 74.0%, QBIF 74.0%MAYW 74.7%ARLI 75.0%, and 34 more at this point: CJUN 75.0%, GAUG 75.0%, GJUL 75.0%, GJUN 75.0%, GMAY 75.0%, GOCT 75.0%, IDJL 75.0%, IDMY 75.0%, IFEB 75.0%, IMAY 75.0%, JANI 75.0%, JNEU 75.0%, JULU 75.0%, KMAY 75.0%, KOCT 75.0%, NAUG 75.0%, NSEP 75.0%, OCTU 75.0%, PAUG 75.0%, PJUL 75.0%, PJUN 75.0%, POCT 75.0%, PQXV 75.0%, PSEP 75.0%, QBKF 75.0%, QBSF 75.0%, QMAG 75.0%, QMMY 75.0%, QQAU 75.0%, QQBF 75.0%, SEPU 75.0%, SMAY 75.0%, SQBA 75.0%, GSEP 75.1%AUGU 75.0%CJUL 75.0%PBMY 75.6%MARM 76.2%FEBM 76.5%QCJL 79.1%APXM 81.7%JULW 84.2%CTJL 84.4%PBJL 84.7%JUNW 85.0%AUGW 85.8%PBJN 86.0%PBAU 86.5%QCOC 90.3%OCTW 92.1%CTAU 92.2%SEPW 92.3%CTJN 92.8%PBSE 93.4%PBOC 93.5%PQXX 96.6%BALT 97.0%CAUG 75.0%CAUG 75.0%0.0%97.0%
0.0% to 97.0% across 292

That is the share of the 292 buffer ETFs on stocks with a live outcome period sitting at or below CAUG.

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. Where the fund sits in this set, not a rating. Do not average it with another category's score.

About CAUG

Reference indexSPYReport
SPY level the buffer and cap were set from757.67
Buffer15%
Outcome periodAug 1, 2026 to Jul 31, 2027
Starting cap+15.0%
SPY return from the strike level+1.6%
Fund return since period start+1.8%
Net assets (the issuer’s own daily fund list, as of Oct 28, 2026)$1.1mReport
Band state today (ETFIQ)Open
Can still gain (issuer, fund price)not published
Fall before buffer (issuer, fund price)1.6%
Fall to the buffer in index terms (ETFIQ)1.6%
Protection left in index points (ETFIQ)15.0% of 15.0%
Days left in period277
Expense ratio (issuer page, Oct 27, 2026)0.30%Report
How we measure
Issuer-published data as of the date shown; ETFIQ calculations marked. Definitions on the learn page. Method
IQ Investment Committee on CAUG

12 seats on CAUG, as of Oct 28, 2026: 2 Challenges, 8 Not enough data, 2 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianDoes not apply
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put CAUG to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about CAUG

How far can CAUG fall before the buffer helps?
1.6% in fund-price terms on Oct 27, 2026, by the issuer's number. In index terms SPY can fall 1.6% from that level before the buffer begins. Losses until that point are the holder's.
How much of the CAUG buffer is left?
15.0% of the 15.0% buffer sat below the SPY level on Oct 27, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does CAUG reset?
The outcome period ends on Jul 31, 2027, 277 days from the data on Oct 27, 2026. A new cap is set the next day and the buffer starts again.
What does CAUG cost?
The prospectus expense ratio is 0.30% a year.
Sources and dates
Prices, CAUG and SPY price returnTiingo end-of-day · Oct 28, 2026
Fee, 0.30%Issuer page · Oct 27, 2026
Net assets, $1.1mThe issuer’s own daily fund list · Oct 28, 2026
IssuerCorgi product table ↗
All fund filingsProspectus filings on SEC EDGAR ↗
IssuerCorgi website ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, CAUG, buffer ETFs, data as of Oct 27, 2026. https://etfiq.com/funds/caug

The outcome band for CAUG, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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.
Cap
The most the fund can return over the period if held from the first day to the last. Quoted gross and net of fees. Set by the option market on day one, so the same fund can have a different cap each year.
Outcome period
The window, usually twelve months and sometimes six or three, over which the buffer and, where there is one, the cap apply. On its last day the options expire, the fund resets, and fresh terms are struck from that day’s option prices.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and fresh terms struck at that day’s level.
Protection left
How much of the buffer still sits below today’s index level. All of it when the index is above its starting level; less once the index is inside the buffer range.
Full definitions: buffer ETFs vocabulary page. →
Embed this chart

Free to use with the credit link. Paste this where the chart should go; it updates every trading night.

CAUG: CAUG: reference +1.6% since period start, fund +1.8%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Data to Oct 27, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/caug"><img src="https://etfiq.com/assistant/api/embed/buffer/caug.svg" alt="CAUG: CAUG: reference +1.6% since period start, fund +1.8%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Data to Oct 27, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">CAUG: CAUG: reference +1.6% since period start, fund +1.8%; buffer 0 to −15; cap +15.0%; Between buffer and cap. Data to Oct 27, 2026. Data: <a href="https://etfiq.com/funds/caug">ETFIQ</a></figcaption>
</figure>

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Snapshot, Oct 27, 2026. More on the tabs above.