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AUGP vs PJUN

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

Innovator U.S. Equity Power Buffer ETF - June

PJUNBCboe

Overlap

Expense ratio

AUGP −0.29pt a year

AUGP0.50%PJUN0.79%

Avg volume · 30D

PJUN 7.3×the volume

AUGP7.35KPJUN53.4K

AUGP vs PJUN Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+5.9%PJUN

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. PJUN +5.9%. Use the arrow keys to read each point.−2.5%0%2.5%12.5%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
PJUN 0.79%
Fund size
AUGP $38M
PJUN $871M
1Y total return
AUGP +10.3%, better
PJUN +5.9%
Holdings
AUGP 4
PJUN 3
Avg volume (30D)
AUGP 7.35K sh
PJUN 53.4K sh, better
NAV per share
AUGP $34.23
PJUN $43.89
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. PJUN: Cost 40, Risk 72, Mission not scored, Tradability 65, Holdings not scored, Durability 84.
Pillar letters and Scores for AUGP, PJUN, with each pillar’s weight
PillarAUGPPJUN
Cost30% weightA91HigherC40
Mission25% weightNot scoredNot scored
Risk15% weightA72A72
Tradability15% weightF24B65Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD38A84Higher

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 PJUN 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 PJUN 23rd 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 23BBOCTInnovator U.S. Equity Buffer ETFScore 56
  5. Rank 23BPJUNInnovator U.S. Equity Power Buffer ETF - JuneScore 56
  6. Rank 23BSEPTAllianzIM U.S. Equity Buffer10 Sep ETFScore 56

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

PJUNBInnovator U.S. Equity Power Buffer ETF - June

In short

AUGP No data

PJUN The June rung on Innovator's buffer ladder. PJUN pairs SPY-linked equity exposure with a built-in downside cushion and, as the price of that cushion, a ceiling on the upside. Every June it resets and the terms start over.

Stated mandate

AUGP No data

PJUN The fund seeks to match the performance of SPY up to a predetermined upside cap while buffering the first 9% of losses over the applicable outcome period.

Why people hold it

AUGP No data

  • PJUN Fee of 0.79% lands right at the median for its buffer-ETF cohort. You pay the going rate for the structure, not a premium.
  • Among the easiest funds in its peer group to get in and out of, which matters when your entry date sets your terms.
  • Live since 2019 and through many annual resets, with assets in the hundreds of millions. A seasoned version of a young idea.
  • Sits in the top quartile of a crowded shallow-buffer cohort, one of the stronger implementations of the format.

Worth knowing

AUGP No data

  • PJUN The cushion is paid for with a cap. The ceiling is fixed at each June reset, and a roaring year in SPY gets clipped there.
  • Buffer and cap are designed to land over a full outcome period. Buy mid-period and your actual cushion and ceiling differ from the headline terms.
  • Cheaper buffered exposure exists in the same cohort, including laddered BUFB at 0.10% and ZALT at 0.69%. No cash distributions here either.

Full AUGP profile⁠

Full PJUN profile⁠

AUGP vs PJUN 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 PJUN Cost

Overpaying PJUN vs AUGP

$5,195

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

  • AUGP 0.50%

    $9,979

  • PJUN 0.79%

    $15,174

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • PJUN 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$20K051015202530PJUN $15,174AUGP $9,979

Year by year

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

AUGP 5th cheapest of 77 funds

PJUN 34th cheapest of 77 funds

AUGP vs PJUN Dividends

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

Distribution history

AUGPAll AUGP payments⁠

No distribution history available.

PJUNAll PJUN payments⁠

No distribution history available.

AUGP vs PJUN 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 2024PJUN 5.5%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024PJUN 1.34
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024PJUN −12.5%
Market sensitivityBeta, 5 years
AUGP 0.53PJUN 0.39

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.

  • PJUNBvsZALTA

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

    Expense ratio
    0.79% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • 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.

  • PJUNBvsTENJB

    Innovator U.S. Equity Power Buffer ETF - June · 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.

  • PJUNBvsSIXJB

    Innovator U.S. Equity Power Buffer ETF - June · 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.