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AUGP vs BAUG

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

Innovator U.S. Equity Buffer ETF

BAUGCCboe

Overlap

Expense ratio

AUGP −0.29pt a year

AUGP0.50%BAUG0.79%

Avg volume · 30D

BAUG 3.0×the volume

AUGP7.35KBAUG22.4K

AUGP vs BAUG Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+10.8%BAUG

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. BAUG +10.8%. Use the arrow keys to read each point.−2.5%0%2.5%5%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
BAUG 0.79%
Fund size
AUGP $38M
BAUG $267M
1Y total return
AUGP +10.3%
BAUG +10.8%, better
Holdings
AUGP 4
BAUG 3
Avg volume (30D)
AUGP 7.35K sh
BAUG 22.4K sh, better
NAV per share
AUGP $34.23
BAUG $55.05
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. BAUG: Cost 40, Risk 54, Mission 100, Tradability 63, Holdings not scored, Durability 79.
Pillar letters and Scores for AUGP, BAUG, with each pillar’s weight
PillarAUGPBAUG
Cost30% weightA91HigherC40
Mission25% weightNot scoredA100
Risk15% weightA72HigherC54
Tradability15% weightF24B63Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD38A79Higher

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. AUGP and BAUG 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 ›

AUGP ranks 2nd and BAUG 37th 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 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 67
  3. Rank 3BTENJiShares Large Cap 10% Target Buffer Jun ETFScore 66
  4. Rank 34CNVBTAllianzIM U.S. Equity Buffer10 Nov ETFScore 52
  5. Rank 37CBAUGInnovator U.S. Equity Buffer ETFScore 51
  6. Rank 37CBJUNInnovator U.S. Equity Buffer ETFScore 51

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

BAUGCInnovator U.S. Equity Buffer ETF

In short

AUGP No data

BAUG A year of S&P 500 exposure with the first 9% of losses absorbed, in exchange for an upside cap set fresh every August 1. This is the August-reset seat in Innovator's buffer lineup, built to be held the full twelve months.

Stated mandate

AUGP No data

BAUG The Fund seeks returns linked to its underlying ETF, subject to a predetermined upside cap, while protecting against the first 9% of underlying losses during the applicable outcome period.

Why people hold it

AUGP No data

  • BAUG Mechanically simple: the first 9% of the reference S&P 500 ETF's losses over the outcome period are absorbed, and upside runs to a cap reset each August 1.innovatoretfs.com
  • No style drift. It delivers the defined-outcome structure on its stated reference fund and nothing else, which is exactly what the prospectus advertises.
  • The 0.79% fee sits right at the median for annual buffer funds. You are not paying a premium for the August calendar slot.
  • Live since 2019, so it has run through multiple complete 12-month outcome cycles rather than being an untested launch.

Worth knowing

AUGP No data

  • BAUG Thinly traded next to its peers, so spreads can widen. Order type and timing matter more here than in a mega-cap index fund.
  • Buy mid-period and your own buffer and cap differ from the stated terms, which run August 1 to July 31 and are measured before the fund's fee.innovatoretfs.com
  • Cheaper wrappers around the same idea exist: BUFB ladders buffers for 0.10%, and ZALT runs a quarterly reset at 0.69%.

Full AUGP profile⁠

Full BAUG profile⁠

AUGP vs BAUG 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.

AUGP vs BAUG Cost

Overpaying BAUG vs AUGP

$5,195

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

  • AUGP 0.50%

    $9,979

  • BAUG 0.79%

    $15,174

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • BAUG 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BAUG $15,174AUGP $9,979

Year by year

YearAUGPBAUGOverpaying
10$900$1,405$505
20$3,460$5,331$1,871
30$9,979$15,174$5,195

Expense ratio

  • 0.50%AUGP, cheaper
  • 0.79%BAUG
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGP 5th cheapest of 77 funds

BAUG 34th cheapest of 77 funds

AUGP vs BAUG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
AUGP None
BAUG None

Distribution history

AUGPAll AUGP payments⁠

No distribution history available.

BAUGAll BAUG payments⁠

No distribution history available.

AUGP vs BAUG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AUGP 6.2%since Jun 2024BAUG 8.4%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024BAUG 1.61
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024BAUG −15.6%
Market sensitivityBeta, 5 years
AUGP 0.53BAUG 0.69

AUGP and BAUG in the news

All news⁠

Popular comparisons

  • AUGPBvsZALTA

    PGIM S&P 500 Buffer 12 ETF - August · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.50% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BAUGCvsZALTA

    Innovator U.S. Equity Buffer ETF · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.79% · 0.69%
    Category
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  • AUGPBvsTENJB

    PGIM S&P 500 Buffer 12 ETF - August · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.50% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BAUGCvsTENJB

    Innovator U.S. Equity Buffer ETF · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.79% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AUGPBvsSIXJB

    PGIM S&P 500 Buffer 12 ETF - August · AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

    Expense ratio
    0.50% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BAUGCvsSIXJB

    Innovator U.S. Equity Buffer ETF · AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

    Expense ratio
    0.79% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.