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CAUG vs GAPR

Corgi U.S. Equities 15% Structured Buffer ETF - August Series

CAUGCCboe

FT Vest U.S. Equity Moderate Buffer ETF - April

GAPRCCboe

Overlap

Expense ratio

CAUG −0.55pt a year

CAUG0.30%GAPR0.85%

Avg volume · 30D

GAPR 11.3×the volume

CAUG582GAPR6.56K

CAUG vs GAPR Performance

Aug 7, 2026 – Nov 9, 2026

−0.5%CAUG+0.3%GAPR

Aug 7, 2026 to Nov 9, 2026. CAUG −0.5%. GAPR +0.3%. Use the arrow keys to read each point.−2%−1%1%Aug 2026Sep 2026Nov 2026
Expense ratio
CAUG 0.30%, better
GAPR 0.85%
Fund size
CAUG $1M
GAPR $290M
1Y total return
CAUG No data
GAPR +7.8%
Holdings
CAUG 4
GAPR 3
Avg volume (30D)
CAUG 582 sh
GAPR 6.56K sh, better
NAV per share
CAUG $24.81
GAPR $41.97
52W range

ETF.net Grade

CAUG: Cost 83, Risk 31, Mission not scored, Tradability 9, Holdings not scored, Durability 2. GAPR: Cost 13, Risk 63, Mission not scored, Tradability 58, Holdings 62, Durability 70.
Pillar letters and Scores for CAUG, GAPR, with each pillar’s weight
PillarCAUGGAPR
Cost30% weightA83HigherF13
Mission25% weightNot scoredNot scored
Risk15% weightD31B63Higher
Tradability15% weightF9B58Higher
Holdings10% weightNot scoredB62
Durability5% weightF2A70Higher

Rank among S&P 500 Buffer 15% funds

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

Same Category. CAUG and GAPR are both graded against the same 51 S&P 500 Buffer 15% funds, so their Grades compare head to head.

S&P 500 Buffer 15%⁠

Category · 51 funds
See all 51 ›

GAPR ranks 27th and CAUG 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 24CGOCTFT Vest U.S. Equity Moderate Buffer ETF - OctoberScore 43
  2. Rank 27CGAPRFT Vest U.S. Equity Moderate Buffer ETF - AprilScore 42
  3. Rank 27CGAUGFT Vest U.S. Equity Moderate Buffer ETF - AugustScore 42
  4. Rank 31CJULUAllianzIM U.S. Equity Buffer15 Uncapped Jul ETFScore 41
  5. Rank 33CCAUGCorgi U.S. Equities 15% Structured Buffer ETF - August SeriesScore 40
  6. Rank 33CCJULCorgi U.S. Equities 15% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

CAUGCCorgi U.S. Equities 15% Structured Buffer ETF - August Series

GAPRCFT Vest U.S. Equity Moderate Buffer ETF - April

In short

CAUG No data

GAPR The April door on First Trust's monthly buffer ladder: it aims to absorb the first 15% of a one-year drop in the S&P 500's price and gives up gains above a cap set each April. Same recipe as its sibling months, different start date.

Stated mandate

CAUG No data

GAPR The Fund seeks to match the price return of the State Street® SPDR® S&P 500® ETF Trust up to a set cap while protecting the first 15% of losses during the April 20, 2026–April 16, 2027 outcome period.

Why people hold it

CAUG No data

  • GAPR Terms are contractual, not discretionary: the first 15% of losses absorbed, upside capped, over a defined April-to-April window whose cap is published before the period starts.ftportfolios.com
  • Twelve monthly siblings exist (GMAY, GJUN, GSEP and the rest), so you can choose an entry month or ladder across several rather than leaning on one 12-month window.
  • The yardstick is the price return of the largest S&P 500 ETF, so the payoff is measured against something you can watch tick by tick instead of a bespoke index.

Worth knowing

CAUG No data

  • GAPR At 0.85% a year it sits at the pricier end of the buffer shelf; BUFF, a laddered rival in the same group, charges 0.10%.
  • Buy mid-period and the math shifts: the full 15% cushion and the stated cap apply to holders who own it from one April reset to the next.
  • Thinly traded next to the category's giants, and it follows price return only, so S&P 500 dividends and regular income are not part of the design.

Full CAUG profile⁠

Full GAPR profile⁠

CAUG vs GAPR 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.

CAUG vs GAPR Cost

Overpaying GAPR vs CAUG

$10,050

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

  • CAUG 0.30%

    $6,149

  • GAPR 0.85%

    $16,199

$10,000
30 years

Cost over time

  • CAUG 0.30%
  • GAPR 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$20K051015202530GAPR $16,199CAUG $6,149

Year by year

YearCAUGGAPROverpaying
10$545$1,508$963
20$2,113$5,706$3,593
30$6,149$16,199$10,050

Expense ratio

  • 0.30%CAUG, cheaper
  • 0.85%GAPR
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

CAUG cheapest of 51 funds

GAPR 37th cheapest of 51 funds

CAUG vs GAPR Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
CAUG None
GAPR None

Distribution history

CAUGAll CAUG payments⁠

No distribution history available.

GAPRAll GAPR payments⁠

No distribution history available.

CAUG vs GAPR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CAUG No dataGAPR 4.4%
Return per unit of riskSharpe ratio, 3 years
CAUG No dataGAPR 1.59
Worst fallMax drawdown, 5 years
CAUG No dataGAPR −9.0%since Apr 2023
Market sensitivityBeta, 5 years
CAUG 0.00GAPR 0.29

CAUG and GAPR in the news

All news⁠

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