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AUGP vs FOCT

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

FT Vest U.S. Equity Buffer ETF - October

FOCTCCboe

Overlap

Expense ratio

AUGP −0.35pt a year

AUGP0.50%FOCT0.85%

Avg volume · 30D

FOCT 4.5×the volume

AUGP7.35KFOCT33.1K

AUGP vs FOCT Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+11.9%FOCT

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. FOCT +11.9%. Use the arrow keys to read each point.−2.5%0%2.5%5%7.5%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
FOCT 0.85%
Fund size
AUGP $38M
FOCT $1.28B
1Y total return
AUGP +10.3%
FOCT +11.9%, better
Holdings
AUGP 4
FOCT 3
Avg volume (30D)
AUGP 7.35K sh
FOCT 33.1K sh, better
NAV per share
AUGP $34.23
FOCT $54.41
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. FOCT: Cost 11, Risk 47, Mission not scored, Tradability 70, Holdings 57, Durability 82.
Pillar letters and Scores for AUGP, FOCT, with each pillar’s weight
PillarAUGPFOCT
Cost30% weightA91HigherF11
Mission25% weightNot scoredNot scored
Risk15% weightA72HigherC47
Tradability15% weightF24A70Higher
Holdings10% weightNot scoredB57
Durability5% weightD38A82Higher

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 FOCT 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 FOCT 57th 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 57CAUGCCorgi U.S. Equities 10% Structured Buffer ETF - August SeriesScore 40
  5. Rank 57CFOCTFT Vest U.S. Equity Buffer ETF - OctoberScore 40
  6. Rank 57CJULCCorgi U.S. Equities 10% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

FOCTCFT Vest U.S. Equity Buffer ETF - October

In short

AUGP No data

FOCT One of twelve month-dated buffer funds from First Trust, FOCT absorbs the first 10% of a year's decline in the SPDR S&P 500 fund it tracks, in exchange for an upside cap fixed each October. Index exposure with the sharp edges sanded down.

Stated mandate

AUGP No data

FOCT The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust, subject to a 15.09% upside cap, while protecting the first 10% of losses during the October 20, 2025–October 16, 2026 target-outcome period.

Why people hold it

AUGP No data

  • FOCT The trade is spelled out up front: the first 10% of the reference fund's price decline absorbed over the year, upside capped at a level set on the October reset day.ftportfolios.com
  • Twelve siblings, one per calendar month (FSEP, FNOV and the rest), so the reset date is a choice rather than a constraint, and the terms reset on the same schedule every year.
  • Running since 2020 and now a multi-billion-dollar fund, so this October dial has already rolled through a stack of full outcome periods.

Worth knowing

AUGP No data

  • FOCT Buy mid-period and you inherit whatever cap and buffer are left that day, not the headline terms. The full deal belongs to whoever holds from one October reset to the next.ftportfolios.com
  • 0.85% a year sits on the higher side of its buffer-fund cohort, where the median is closer to 0.79%. Downside protection carries a sticker price.
  • The target is price return, so dividends from the underlying S&P 500 fund don't come along for the ride. This one has not been paying distributions.

Full AUGP profile⁠

Full FOCT profile⁠

AUGP vs FOCT 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 FOCT Cost

Overpaying FOCT vs AUGP

$6,220

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

  • AUGP 0.50%

    $9,979

  • FOCT 0.85%

    $16,199

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • FOCT 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FOCT $16,199AUGP $9,979

Year by year

YearAUGPFOCTOverpaying
10$900$1,508$608
20$3,460$5,706$2,246
30$9,979$16,199$6,220

Expense ratio

  • 0.50%AUGP, cheaper
  • 0.85%FOCT
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGP 5th cheapest of 77 funds

FOCT 60th cheapest of 77 funds

AUGP vs FOCT Dividends

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

Distribution history

AUGPAll AUGP payments⁠

No distribution history available.

FOCTAll FOCT payments⁠

No distribution history available.

AUGP vs FOCT 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 2024FOCT 7.6%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024FOCT 1.30
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024FOCT −14.1%
Market sensitivityBeta, 5 years
AUGP 0.53FOCT 0.64

AUGP and FOCT in the news

All news⁠

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