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AUGC vs ZALT

Corgi U.S. Equities 10% Structured Buffer ETF - August Series

AUGCCCboe

Innovator U.S. Equity 10 Buffer ETF - Quarterly

ZALTACboe

Overlap

0.0%by weight

Expense ratio

AUGC −0.39pt a year

AUGC0.30%ZALT0.69%

Avg volume · 30D

ZALT 139.6×the volume

AUGC969ZALT135K

AUGC vs ZALT Performance

Aug 5, 2026 – Nov 5, 2026

−3.2%AUGC−0.6%ZALT

Aug 5, 2026 to Nov 5, 2026. AUGC −3.2%. ZALT −0.6%. Use the arrow keys to read each point.−2%0%1%Aug 2026Sep 2026Nov 2026
Expense ratio
AUGC 0.30%, better
ZALT 0.69%
Fund size
AUGC $1M
ZALT $845M
1Y total return
AUGC No data
ZALT +6.0%
Holdings
AUGC 4
ZALT 503
Avg volume (30D)
AUGC 969 sh
ZALT 135K sh, better
NAV per share
AUGC $25.42
ZALT $34.72
52W range

ETF.net Grade

AUGC: Cost 97, Risk 52, Mission not scored, Tradability 4, Holdings not scored, Durability 0. ZALT: Cost 82, Risk 80, Mission 80, Tradability 65, Holdings 89, Durability 61.
Pillar letters and Scores for AUGC, ZALT, with each pillar’s weight
PillarAUGCZALT
Cost30% weightA97HigherA82
Mission25% weightNot scoredA80
Risk15% weightC52A80Higher
Tradability15% weightF4B65Higher
Holdings10% weightNot scoredA89
Durability5% weightF0B61Higher

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AUGC and ZALT are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

ZALT ranks 1st and AUGC 58th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 77
  2. Rank 2BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 66
  3. Rank 57CFOCTFT Vest U.S. Equity Buffer ETF - OctoberScore 41
  4. Rank 58CAUGCCorgi U.S. Equities 10% Structured Buffer ETF - August SeriesScore 40
  5. Rank 58CJULCCorgi U.S. Equities 10% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

AUGCCCorgi U.S. Equities 10% Structured Buffer ETF - August Series

ZALTAInnovator U.S. Equity 10 Buffer ETF - Quarterly

In short

AUGC No data

ZALT The defined-outcome trade on a three-month clock: ZALT follows SPY up to a cap and buffers the first 10% of a decline, then resets both every quarter. Four fresh caps a year, at a fee under the shallow-buffer median.

Stated mandate

AUGC No data

ZALT The fund seeks to follow SPY's return up to a predetermined cap while providing a 10% downside buffer over each three-month outcome period. It may be held indefinitely, with the defined outcomes resetting at the end of each period.

Why people hold it

AUGC No data

  • ZALT Resets on a quarterly clock: a new cap is set the first day of each calendar quarter and the 10% buffer starts over. Can be held indefinitely, no rolling into a new ticker.sec.govcboe.com
  • At 0.69% it undercuts the going rate for 10% buffer funds on the S&P 500, where peers like SIXZ, JULT and BJUN charge 0.74% to 0.79%.
  • The cushion is built from FLEX options on SPY itself, so the thing you are hedged against is the same fund most investors already watch.sec.gov
  • Sits among the stronger implementations in its shallow-buffer peer group on cost and ease of trading.

Worth knowing

AUGC No data

  • ZALT Three months of upside buys a lower ceiling. Each quarter's cap is priced off three-month options, so it lands well below what a 12-month buffer fund can offer.sec.gov
  • Buy mid-quarter and you inherit whatever cap and buffer are left, not the full 10%. The prospectus says so plainly.sec.gov
  • The fee comes out of the cushion: with the 0.69% fee counted, the prospectus puts the net buffer at 9.82% per period. No distributions so far, so return shows up in price.sec.gov

Full AUGC profile⁠

Full ZALT profile⁠

AUGC vs ZALT Holdings

How AUGC and ZALT differ

Overlap by weight

0.0%

Level by level

  • Holdings0 in both0.0%
  • Sector11 Sectors96.6%
  • Asset classStocks100%
  • Countryby domicile100%

Sector

Sector weights in AUGC and ZALT, widest gap first
SectorMore in AUGCMore in ZALTGap
TechnologyAUGC +1.9 points
CommunicationAUGC +1.5 points
Health CareZALT +0.9 points
FinancialsZALT +0.8 points
EnergyZALT +0.5 points
Consumer DiscretionaryZALT +0.5 points
Consumer StaplesZALT +0.5 points
UtilitiesZALT +0.2 points
Real EstateZALT +0.1 points
IndustrialsSame weight
MaterialsSame weight

Country, concentration and asset class

Country by domicile

Country weights in AUGC and ZALT, widest gap first
CountryMore in AUGCMore in ZALTGap
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • AUGC102.9%
  • ZALT37.5%

Securities held

  • AUGC3
  • ZALT503

Asset class

AUGC
Stocks
ZALT
Stocks

Holdings

  • Only in AUGC3
  • In both0
  • Only in ZALT503

Only in AUGC

3 securities, 100% of AUGC by weight

  • Spy 07/30/2027 151.53 C85.02%
  • United States Treasury Note/Bond 2.75% 07/31/202712.24%
  • Spy 07/30/2027 757.67 P4.19%

Only in ZALT

503 securities, 100% of ZALT by weight

  • Apple Inc7.65%
  • NVIDIA Corp7.26%
  • Microsoft Corp6.19%

Weight gaps

AUGC and ZALT share no securities.

All AUGC holdings⁠All ZALT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AUGC vs ZALT Cost

Overpaying ZALT vs AUGC

$7,280

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AUGC 0.30%

    $6,149

  • ZALT 0.69%

    $13,429

$10,000
30 years

Cost over time

  • AUGC 0.30%
  • ZALT 0.69%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ZALT $13,429AUGC $6,149

Year by year

YearAUGCZALTOverpaying
10$545$1,232$687
20$2,113$4,697$2,584
30$6,149$13,429$7,280

Expense ratio

  • 0.30%AUGC, cheaper
  • 0.69%ZALT
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGC 2nd cheapest of 77 funds

ZALT 14th cheapest of 77 funds

AUGC vs ZALT Dividends

Last 12 months to Nov 5, 2026
Payout (12M)
AUGC None
ZALT None

Distribution history

AUGCAll AUGC payments⁠

No distribution history available.

ZALTAll ZALT payments⁠

No distribution history available.

AUGC vs ZALT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AUGC No dataZALT 3.8%
Return per unit of riskSharpe ratio, 3 years
AUGC No dataZALT 1.50
Worst fallMax drawdown, 5 years
AUGC No dataZALT −8.2%since Oct 2023
Market sensitivityBeta, 5 years
AUGC 0.00ZALT 0.29

AUGC and ZALT in the news

All news⁠

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