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AUGP vs OCTZ

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

TrueShares Structured Outcome (October) ETF

OCTZCCboe

Overlap

Expense ratio

AUGP −0.29pt a year

AUGP0.50%OCTZ0.79%

Avg volume · 30D

AUGP 2.9×the volume

AUGP7.35KOCTZ2.5K

AUGP vs OCTZ Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+8.0%OCTZ

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. OCTZ +8.0%. Use the arrow keys to read each point.−5%0%5%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
OCTZ 0.79%
Fund size
AUGP $38M
OCTZ $43M
1Y total return
AUGP +10.3%, better
OCTZ +8.0%
Yield (12M)
AUGP No data
OCTZ 3.70%
Holdings
AUGP 4
OCTZ 5
Avg volume (30D)
AUGP 7.35K sh, better
OCTZ 2.5K sh
NAV per share
AUGP $34.23
OCTZ $46.55
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. OCTZ: Cost 40, Risk 24, Mission not scored, Tradability 27, Holdings 100, Durability 39.
Pillar letters and Scores for AUGP, OCTZ, with each pillar’s weight
PillarAUGPOCTZ
Cost30% weightA91HigherC40
Mission25% weightNot scoredNot scored
Risk15% weightA72HigherF24
Tradability15% weightF24D27Higher
Holdings10% weightNot scoredA100
Durability5% weightD38D39Higher

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 OCTZ 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 OCTZ 56th 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 55CFJUNFT Vest U.S. Equity Buffer ETF - JuneScore 43
  5. Rank 56COCTZTrueShares Structured Outcome (October) ETFScore 42
  6. Rank 57CAUGCCorgi U.S. Equities 10% Structured Buffer ETF - August SeriesScore 40

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

OCTZCTrueShares Structured Outcome (October) ETF

In short

AUGP No data

OCTZ Most buffer ETFs trade away your upside for downside protection. OCTZ skips the hard cap: it targets a 10% cushion against S&P 500 price losses over a 12-month October-to-October period, and leaves the upside open.

Stated mandate

AUGP No data

OCTZ The fund seeks to track the S&P 500 Price Return Index before fees and expenses while protecting the first 8% to 12% of index losses over a twelve-month period.

Why people hold it

AUGP No data

  • OCTZ No hard cap. It buffers the first 8% to 12% of S&P 500 price index losses per period (10% target) while leaving upside open, the design TrueShares built its lineup on.true-shares.com
  • Fixed calendar: each outcome period runs October 1 to September 30, then resets, so the buffer's start and end dates are known up front.true-shares.com
  • October is one of several monthly-dated siblings on the same index (JANZ, MAYZ, NOVZ, DECZ), so the entry month can be picked or laddered across the year.
  • Trading since 2020, one of the longer-running uncapped buffer funds on the S&P 500 price index.true-shares.com

Worth knowing

AUGP No data

  • OCTZ The buffer is a full-period outcome: buy mid-period and your cushion and starting level differ. Past the buffer, losses follow the index one for one.sec.gov
  • The options reference the S&P 500 price index, so shareholders forgo the index's dividends.sec.gov
  • Small and thinly traded, so spreads can run wider than at the largest buffer funds; 0.79% is the peer median but above laddered options like PSFF (0.10%).

Full AUGP profile⁠

Full OCTZ profile⁠

AUGP vs OCTZ 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 OCTZ Cost

Overpaying OCTZ vs AUGP

$5,195

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

  • AUGP 0.50%

    $9,979

  • OCTZ 0.79%

    $15,174

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • OCTZ 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$20K051015202530OCTZ $15,174AUGP $9,979

Year by year

YearAUGPOCTZOverpaying
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%OCTZ
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGP 5th cheapest of 77 funds

OCTZ 34th cheapest of 77 funds

AUGP vs OCTZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AUGP No data
OCTZ 3.70%
Payout (12M)
AUGP None
OCTZ $1.70
Last payment
AUGP No data
OCTZ $1.70
Ex-dividend
AUGP No data
OCTZ Dec 24, 2025
Paid on
AUGP No data
OCTZ Dec 26, 2025
Frequency
AUGP No data
OCTZ Annual

Distribution history

Per share, 2022 to 2026, same scale for both

AUGPAll AUGP payments⁠

No distribution history available.

OCTZAnnual · 4 paymentsAll OCTZ payments⁠
One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 29, 2022 $0.20; Dec 27, 2023 $1.09; Dec 27, 2024 $0.49; Dec 24, 2025 $1.70. Use the arrow keys to read each point.$0$220232026YTD

AUGP vs OCTZ 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 2024OCTZ 9.4%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024OCTZ 1.25
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024OCTZ −15.8%
Market sensitivityBeta, 5 years
AUGP 0.53OCTZ 0.71

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