Skip to content
etf.net

CAUG vs PMAR

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

CAUGCCboe

Innovator U.S. Equity Power Buffer ETF - March

PMARCCboe

Overlap

Expense ratio

CAUG −0.49pt a year

CAUG0.30%PMAR0.79%

Avg volume · 30D

PMAR 46.3×the volume

CAUG410PMAR19K

CAUG vs PMAR Performance

Sep 30, 2026 – Oct 30, 2026

−0.4%CAUG−0.2%PMAR

Sep 30, 2026 to Oct 30, 2026. CAUG −0.4%. PMAR −0.2%. Use the arrow keys to read each point.0%0.25%0.5%0.75%1%1.25%Sep 30Oct 15Oct 30
Expense ratio
CAUG 0.30%, better
PMAR 0.79%
Fund size
CAUG $1M
PMAR $742M
1Y total return
CAUG No data
PMAR +10.5%
Holdings
CAUG 4
PMAR 3
Avg volume (30D)
CAUG 410 sh
PMAR 19K sh, better
NAV per share
CAUG $25.21
PMAR $48.93
52W range

ETF.net Grade

CAUG: Cost 83, Risk 48, Mission not scored, Tradability 14, Holdings not scored, Durability 2. PMAR: Cost 35, Risk 61, Mission not scored, Tradability 48, Holdings not scored, Durability 81.
Pillar letters and Scores for CAUG, PMAR, with each pillar’s weight
PillarCAUGPMAR
Cost30% weightA83HigherD35
Mission25% weightNot scoredNot scored
Risk15% weightC48B61Higher
Tradability15% weightF14C48Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF2A81Higher

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 PMAR 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 ›

PMAR ranks 16th and CAUG 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 16CPFEBInnovator U.S. Equity Power Buffer ETFScore 47
  2. Rank 16CPMARInnovator U.S. Equity Power Buffer ETF - MarchScore 47
  3. Rank 19CGJUNFT Vest U.S. Equity Moderate Buffer ETF - JuneScore 45
  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

PMARCInnovator U.S. Equity Power Buffer ETF - March

In short

CAUG No data

PMAR The March-start link in Innovator's twelve-month buffer chain: it follows the big S&P 500 ETF up to a cap and is built to absorb the first 15% of losses over each March-to-February outcome period.

Stated mandate

CAUG No data

PMAR The Fund seeks to track the return of the SPDR S&P 500 ETF Trust up to a predetermined cap while protecting against the first 15% of losses during the outcome period.

Why people hold it

CAUG No data

  • PMAR The deal is written into the fund's terms: absorb SPY's first 15% of losses over an outcome period, give up gains above a cap in exchange.innovatoretfs.com
  • Fixed calendar. The outcome period runs March 1 to the end of February, then the cap resets under the same rules, so you always know when the terms change.innovatoretfs.com
  • A registered 1940 Act fund, not a bank-issued note, at a 0.79% expense ratio that lands right on the buffer-fund median.
  • Sits in the upper half of its buffer-fund peer group, one of the more solid takes on the defined-outcome playbook.

Worth knowing

CAUG No data

  • PMAR Buy mid-period and you get whatever buffer and upside are left, not the headline 15% and the full cap. The stated terms describe a complete March-to-February run.
  • 0.79% is the going rate in this cohort and well above plain S&P 500 exposure. The options sleeve that builds the buffer is what you're paying for.
  • Trades lightly, so spreads can widen; limit orders are the usual workaround. It also makes no regular distributions, so any return shows up in the share price.

Full CAUG profile⁠

Full PMAR profile⁠

CAUG vs PMAR 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 PMAR Cost

Overpaying PMAR vs CAUG

$9,025

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

  • CAUG 0.30%

    $6,149

  • PMAR 0.79%

    $15,174

$10,000
30 years

Cost over time

  • CAUG 0.30%
  • PMAR 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$20K051015202530PMAR $15,174CAUG $6,149

Year by year

YearCAUGPMAROverpaying
10$545$1,405$860
20$2,113$5,331$3,218
30$6,149$15,174$9,025

Expense ratio

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

CAUG cheapest of 51 funds

PMAR 24th cheapest of 51 funds

CAUG vs PMAR Dividends

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

Distribution history

CAUGAll CAUG payments⁠

No distribution history available.

PMARAll PMAR payments⁠

No distribution history available.

CAUG vs PMAR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CAUG No dataPMAR 5.8%
Return per unit of riskSharpe ratio, 3 years
CAUG No dataPMAR 1.52
Worst fallMax drawdown, 5 years
CAUG No dataPMAR −10.8%
Market sensitivityBeta, 5 years
CAUG 0.00PMAR 0.43

CAUG and PMAR 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.

  • PMARCvsPSMOB

    Innovator U.S. Equity Power Buffer ETF - March · Pacer Swan SOS Moderate (October) ETF

    Expense ratio
    0.79% · 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.

  • PMARCvsPSMJB

    Innovator U.S. Equity Power Buffer ETF - March · Pacer Swan SOS Moderate (July) ETF

    Expense ratio
    0.79% · 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.

  • PMARCvsPSMRB

    Innovator U.S. Equity Power Buffer ETF - March · Pacer Swan SOS Moderate (April) ETF

    Expense ratio
    0.79% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.