IQ

HJLY Corgi U.S. Equities 100% Structured Buffer ETF - July Series

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$25.52
0.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Since Jul 1, 2026, HJLY returned 2.1%, against SPY's 3.2% price return. It can fall 3.1% before its buffer.

Why did HJLY return +0.9% against SPY’s +0.9%?How much of HJLY’s cap and buffer is left?What does HJLY cost to hold and to trade?
Absorbs the whole loss on SPY and caps the gain at 9.0%, over a period ending Jun 30, 2027Corgi ↗Expense ratio 0.30%Fund assets $1.4m 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 HJLYAdd to portfolioAlerts

HJLY risk and return scorecard

vs SPY · Jul 2026 to Oct 2026 · 15 weekly returns · dividend-adjusted

Short history · 3 months
HJLY +0.9%, SPY +0.9%, Jul 2026 to Oct 2026, distributions reinvested.

15 weekly returns: annualized numbers and ratios need 52.

Return
MeasureHJLYSPYEdge
Total return+0.9%+0.9%SPY (slight)
Price return+0.9%+0.7%HJLY
Risk
MeasureHJLYSPYEdge
Max drawdown−0.4%−2.4%HJLY
Alpha vs SPY
MeasureHJLYSPYEdge
Beta to SPY0.211.00Lower beta

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

HJLY +0.6%, SPY price return +0.9%: total return over one month to Oct 28, 2026.
HJLY+0.6%
SPY+0.9%
HJLY +1.8%, SPY price return +5.9%: total return over three months to Oct 28, 2026.
HJLY+1.8%
SPY+5.9%
HJLY +1.7%, SPY price return +3.7%: total return since launch to Oct 28, 2026.
HJLY+1.7%
SPY+3.7%
askIQ: why did HJLY return +1.7% against SPY’s +3.7%? ↗

Where does it stand in this outcome period?

Outcome period Jul 1, 2026 to Jun 30, 2027
not published
Can still gain from today’s fund price
3.1%
Fall before the buffer from today’s fund price
Report
100.0%
Protection left, index points
Report
246
Days to reset
Report
askIQ: how much of HJLY’s cap and buffer is left? ↗

More on HJLY

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Price since launch, Jul 2, 2026

$25.520.0%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.

HJLY returns by window: total return, cash paid and price change
WindowTotal returnSPY price returnGap to SPY
1M Sep 28 – Oct 28, 2026+0.6%+0.9%−0.3 pts
3M Jul 29 – Oct 28, 2026+1.8%+5.9%−4.1 pts
Since launch Jul 2 – Oct 28, 2026+1.7%+3.7%−2.0 pts

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

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

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Full floor
Full floorHJLY: reference +3.2% since period start, fund +2.1%; buffer Floor; cap +9.0%; Full floor. Data to Oct 27, 2026.full floor beneathfull floor0% period start+9.0% cap+3.2% gain captured+5.8% more to the capTODAY · SPY +3.2%Full floorHJLY: reference +3.2% since period start, fund +2.1%; buffer Floor; cap +9.0%; Full floor. Data to Oct 27, 2026.full floor beneathfull floor0% start+9.0% cap+3.2% gain captured+5.8% more to the capTODAY · SPY +3.2%

HJLY: reference +3.2% since period start, fund +2.1%; buffer Floor; cap +9.0%; Full floor. Data to Oct 27, 2026.

HJLY key stats

High since Jul 2, 2026, daily closes to Oct 27, 2026 (ETFIQ)$25.54 on Oct 13, 2026
Low since Jul 2, 2026, daily closes to Oct 27, 2026 (ETFIQ)$25.04 on Jul 20, 2026
Close on Oct 27, 2026, within that range (ETFIQ)$25.51, 95% 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 · HJLYas 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−0.18%
−0.4%95% of days within ±0.26% · the 1% band is off this scale+0.4%
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

About HJLY

Reference indexSPYReport
SPY level the buffer and cap were set from745.72
Buffer100%
Outcome periodJul 1, 2026 to Jun 30, 2027
Starting cap+9.0%
SPY return from the strike level+3.2%
Fund return since period start+2.1%
Net assets (the issuer’s own daily fund list, as of Oct 28, 2026)$1.4mReport
Band state today (ETFIQ)Open
Can still gain (issuer, fund price)not published
Fall before buffer (issuer, fund price)3.1%
Fall to the buffer in index terms (ETFIQ)3.1%
Protection left in index points (ETFIQ)100.0% of 100.0%
Days left in period246
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 HJLY

12 seats on HJLY, 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 HJLY to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about HJLY

How far can HJLY fall before the buffer helps?
3.1% in fund-price terms on Oct 27, 2026, by the issuer's number. In index terms SPY can fall 3.1% from that level before the buffer begins. Losses until that point are the holder's.
How much of the HJLY buffer is left?
100.0% of the 100.0% 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 HJLY reset?
The outcome period ends on Jun 30, 2027, 246 days from the data on Oct 27, 2026. A new cap is set the next day and the buffer starts again.
What does HJLY cost?
The prospectus expense ratio is 0.30% a year.
Sources and dates
Prices, HJLY and SPY price returnTiingo end-of-day · Oct 28, 2026
Fee, 0.30%Issuer page · Oct 27, 2026
Net assets, $1.4mThe 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, HJLY, buffer ETFs, data as of Oct 27, 2026. https://etfiq.com/funds/hjly

The outcome band for HJLY, 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.

HJLY: HJLY: reference +3.2% since period start, fund +2.1%; buffer Floor; cap +9.0%; Full floor. Data to Oct 27, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/hjly"><img src="https://etfiq.com/assistant/api/embed/buffer/hjly.svg" alt="HJLY: HJLY: reference +3.2% since period start, fund +2.1%; buffer Floor; cap +9.0%; Full floor. Data to Oct 27, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">HJLY: HJLY: reference +3.2% since period start, fund +2.1%; buffer Floor; cap +9.0%; Full floor. Data to Oct 27, 2026. Data: <a href="https://etfiq.com/funds/hjly">ETFIQ</a></figcaption>
</figure>

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