Skip to content
etf.net

CAUG vs GDEC

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

CAUGCCboe

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

GDECCCboe

Overlap

Expense ratio

CAUG −0.55pt a year

CAUG0.30%GDEC0.85%

Avg volume · 30D

GDEC 99.9×the volume

CAUG410GDEC41K

CAUG vs GDEC Performance

Sep 30, 2026 – Oct 30, 2026

−0.4%CAUG0.0%GDEC

Sep 30, 2026 to Oct 30, 2026. CAUG −0.4%. GDEC 0.0%. Use the arrow keys to read each point.0.25%0.5%0.75%1%1.25%Sep 30Oct 15Oct 30
Expense ratio
CAUG 0.30%, better
GDEC 0.85%
Fund size
CAUG $1M
GDEC $426M
1Y total return
CAUG No data
GDEC +10.2%
Holdings
CAUG 4
GDEC 3
Avg volume (30D)
CAUG 410 sh
GDEC 41K sh, better
NAV per share
CAUG $25.21
GDEC $40.88
52W range

ETF.net Grade

CAUG: Cost 83, Risk 48, Mission not scored, Tradability 14, Holdings not scored, Durability 2. GDEC: Cost 13, Risk 42, Mission not scored, Tradability 86, Holdings 58, Durability 69.
Pillar letters and Scores for CAUG, GDEC, with each pillar’s weight
PillarCAUGGDEC
Cost30% weightA83HigherF13
Mission25% weightNot scoredNot scored
Risk15% weightC48HigherC42
Tradability15% weightF14A86Higher
Holdings10% weightNot scoredB58
Durability5% weightF2B69Higher

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 GDEC 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 ›

GDEC ranks 25th and CAUG 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 20CXOCTFT Vest U.S. Equity Enhance & Moderate Buffer ETF - OctoberScore 43
  2. Rank 25CGDECFT Vest U.S. Equity Moderate Buffer ETF - DecemberScore 42
  3. Rank 25CGJULFT Vest U.S. Equity Moderate Buffer ETF - JulyScore 42
  4. Rank 30CGJANFT Vest U.S. Equity Moderate Buffer ETF - JanuaryScore 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

GDECCFT Vest U.S. Equity Moderate Buffer ETF - December

In short

CAUG No data

GDEC The December door into First Trust's moderate-buffer lineup: 15% of downside on the SPDR S&P 500 ETF Trust absorbed over a one-year outcome period, in exchange for an upside cap reset each December.

Stated mandate

CAUG No data

GDEC The Fund seeks returns matching the price return of the stated S&P 500 ETF, subject to a 12.08% upside cap and protection against the first 15% of losses during the specified outcome period.

Why people hold it

CAUG No data

  • GDEC Absorbs the first 15% of a decline in the SPDR S&P 500 ETF Trust over each outcome period, the middle setting between shallow and deep buffers.
  • The clock resets every December, and sibling funds run the same design in other months, so a ladder can be built without picking one start date.
  • The reference asset is plain large-cap US equity, not a niche index. All the shaping happens in the options overlay wrapped around it.

Worth knowing

CAUG No data

  • GDEC Fees run 0.85% a year against a 0.79% median for buffer peers, and the laddered BUFF charges 0.10%. Cost is the main gap in this group.
  • Upside stops at a cap set fresh each December, and the fund follows price return, so S&P 500 dividends stay outside the deal.
  • Thinly traded next to the category's largest buffer funds, which puts more weight on limit orders and avoiding the open and close.

Full CAUG profile⁠

Full GDEC profile⁠

CAUG vs GDEC 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 GDEC Cost

Overpaying GDEC vs CAUG

$10,050

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

  • CAUG 0.30%

    $6,149

  • GDEC 0.85%

    $16,199

$10,000
30 years

Cost over time

  • CAUG 0.30%
  • GDEC 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$20K051015202530GDEC $16,199CAUG $6,149

Year by year

YearCAUGGDECOverpaying
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%GDEC
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

CAUG cheapest of 51 funds

GDEC 37th cheapest of 51 funds

CAUG vs GDEC Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CAUG None
GDEC None

Distribution history

CAUGAll CAUG payments⁠

No distribution history available.

GDECAll GDEC payments⁠

No distribution history available.

CAUG vs GDEC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CAUG No dataGDEC 5.2%since Jan 2024
Return per unit of riskSharpe ratio, 3 years
CAUG No dataGDEC 1.22since Jan 2024
Worst fallMax drawdown, 5 years
CAUG No dataGDEC −10.6%since Dec 2023
Market sensitivityBeta, 5 years
CAUG 0.00GDEC 0.42

CAUG and GDEC in the news

All news⁠

Popular comparisons

  • CAUGCvsPSMOB

    Corgi U.S. Equities 15% Structured Buffer ETF - August Series · Pacer Swan SOS Moderate (October) ETF

    Expense ratio
    0.30% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GDECCvsPSMOB

    FT Vest U.S. Equity Moderate Buffer ETF - December · Pacer Swan SOS Moderate (October) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CAUGCvsPSMJB

    Corgi U.S. Equities 15% Structured Buffer ETF - August Series · Pacer Swan SOS Moderate (July) ETF

    Expense ratio
    0.30% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GDECCvsPSMJB

    FT Vest U.S. Equity Moderate Buffer ETF - December · Pacer Swan SOS Moderate (July) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CAUGCvsPSMRB

    Corgi U.S. Equities 15% Structured Buffer ETF - August Series · Pacer Swan SOS Moderate (April) ETF

    Expense ratio
    0.30% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GDECCvsPSMRB

    FT Vest U.S. Equity Moderate Buffer ETF - December · Pacer Swan SOS Moderate (April) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.