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CAUG vs PSTP

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

CAUGCCboe

Innovator Power Buffer Step-Up Strategy ETF

PSTPFNYSE Arca

Overlap

Expense ratio

CAUG −0.59pt a year

CAUG0.30%PSTP0.89%

Avg volume · 30D

PSTP 12.2×the volume

CAUG582PSTP7.13K

CAUG vs PSTP Performance

Aug 7, 2026 – Nov 9, 2026

−0.5%CAUG−0.4%PSTP

Aug 7, 2026 to Nov 9, 2026. CAUG −0.5%. PSTP −0.4%. Use the arrow keys to read each point.−2%−1.5%0%0.5%1%Aug 2026Sep 2026Nov 2026
Expense ratio
CAUG 0.30%, better
PSTP 0.89%
Fund size
CAUG $1M
PSTP $130M
1Y total return
CAUG No data
PSTP +7.3%
Holdings
CAUG 4
PSTP 3
Avg volume (30D)
CAUG 582 sh
PSTP 7.13K sh, better
NAV per share
CAUG $24.81
PSTP $36.76
52W range

ETF.net Grade

CAUG: Cost 83, Risk 31, Mission not scored, Tradability 9, Holdings not scored, Durability 2. PSTP: Cost 0, Risk 36, Mission not scored, Tradability 53, Holdings not scored, Durability 60.
Pillar letters and Scores for CAUG, PSTP, with each pillar’s weight
PillarCAUGPSTP
Cost30% weightA83HigherF0
Mission25% weightNot scoredNot scored
Risk15% weightD31D36Higher
Tradability15% weightF9C53Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF2B60Higher

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 PSTP 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 ›

CAUG ranks 33rd and PSTP 50th of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 31CJULUAllianzIM U.S. Equity Buffer15 Uncapped Jul ETFScore 41
  2. Rank 33CCAUGCorgi U.S. Equities 15% Structured Buffer ETF - August SeriesScore 40
  3. Rank 33CCJULCorgi U.S. Equities 15% Structured Buffer ETF - July SeriesScore 40
  4. Rank 49DMARUAllianzIM U.S. Equity Buffer15 Uncapped Mar ETFScore 36
  5. Rank 50FPSTPInnovator Power Buffer Step-Up Strategy ETFScore 25
  6. SQBANot yet graded

Our read on each fund

ETF.net Research

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

PSTPFInnovator Power Buffer Step-Up Strategy ETF

In short

CAUG No data

PSTP Most buffer ETFs hand you one reset date a year and wish you luck. PSTP is checked monthly and can step its protection up to a higher level after a rally, with one-year FLEX options doing the work behind a single ticker.

Stated mandate

CAUG No data

PSTP PSTP seeks risk-managed exposure to SPY through an opportunistically managed, monthly evaluated buffer strategy. It uses one-year FLEX options and may also invest directly in SPY or its components, subject to an upside limit and downside-loss protection.

Why people hold it

CAUG No data

  • PSTP The step-up idea: the buffer is evaluated monthly rather than parked on one annual reset date, so a rally can lift the level the protection is measured from.innovatoretfs.com
  • One ticker, no calendar homework. The reset timing is managed inside the fund instead of you laddering a shelf of dated January-through-December series.innovatoretfs.com
  • The reference is SPY itself, and the fund can hold SPY or its components directly alongside the one-year FLEX options rather than tracking a synthetic proxy.innovatoretfs.com

Worth knowing

CAUG No data

  • PSTP Active management costs: 0.89% a year, above the 0.79% median for S&P 500 buffer funds and above Innovator's own dated Power Buffer series such as PMAY.
  • The cushion is bought with your upside: gains are capped, and anyone buying mid-period inherits whatever cap and remaining buffer exist that day, not the headline terms.innovatoretfs.com
  • Trading is light next to the category's household names, so spreads can widen, and the options package has not been throwing off distributions.

Full CAUG profile⁠

Full PSTP profile⁠

CAUG vs PSTP 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 PSTP Cost

Overpaying PSTP vs CAUG

$10,723

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

  • CAUG 0.30%

    $6,149

  • PSTP 0.89%

    $16,872

$10,000
30 years

Cost over time

  • CAUG 0.30%
  • PSTP 0.89%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PSTP $16,872CAUG $6,149

Year by year

YearCAUGPSTPOverpaying
10$545$1,576$1,031
20$2,113$5,953$3,840
30$6,149$16,872$10,723

Expense ratio

  • 0.30%CAUG, cheaper
  • 0.89%PSTP
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

CAUG cheapest of 51 funds

PSTP 51st cheapest of 51 funds

CAUG vs PSTP Dividends

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

Distribution history

CAUGAll CAUG payments⁠

No distribution history available.

PSTPAll PSTP payments⁠

No distribution history available.

CAUG vs PSTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CAUG No dataPSTP 5.9%
Return per unit of riskSharpe ratio, 3 years
CAUG No dataPSTP 1.25
Worst fallMax drawdown, 5 years
CAUG No dataPSTP −12.5%since Mar 2022
Market sensitivityBeta, 5 years
CAUG 0.00PSTP 0.52

CAUG and PSTP in the news

All news⁠

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