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FAUG vs TENJ

FT Vest U.S. Equity Buffer ETF - August

FAUGCCboe

iShares Large Cap 10% Target Buffer Jun ETF

TENJBCboe

Overlap

Expense ratio

TENJ −0.32pt a year

FAUG0.85%TENJ0.53%

Avg volume · 30D

FAUG 2.5×the volume

FAUG61.4KTENJ24.6K

FAUG vs TENJ Performance

Oct 31, 2025 – Oct 30, 2026

+9.5%FAUG+11.7%TENJ

Oct 31, 2025 to Oct 30, 2026. FAUG +9.5%. TENJ +11.7%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
FAUG 0.85%
TENJ 0.53%, better
Fund size
FAUG $1.44B
TENJ $47M
1Y total return
FAUG +9.5%
TENJ +11.7%, better
Holdings
FAUG 3
TENJ 4
Avg volume (30D)
FAUG 61.4K sh, better
TENJ 24.6K sh
NAV per share
FAUG $57.38
TENJ $28.09
52W range

ETF.net Grade

FAUG: Cost 11, Risk 53, Mission 95, Tradability 94, Holdings 53, Durability 91. TENJ: Cost 86, Risk 49, Mission not scored, Tradability 66, Holdings 51, Durability 41.
Pillar letters and Scores for FAUG, TENJ, with each pillar’s weight
PillarFAUGTENJ
Cost30% weightF11A86Higher
Mission25% weightA95Not scored
Risk15% weightC53HigherC49
Tradability15% weightA94HigherB66
Holdings10% weightC53HigherC51
Durability5% weightA91HigherC41

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. FAUG and TENJ 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 ›

TENJ ranks 3rd and FAUG 42nd 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 4BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 65
  5. Rank 42CBDECInnovator U.S. Equity Buffer ETFScore 47
  6. Rank 42CFAUGFT Vest U.S. Equity Buffer ETF - AugustScore 47
  7. Rank 44CDECZTrueShares Structured Outcome (December) ETFScore 46

Our read on each fund

ETF.net Research

FAUGCFT Vest U.S. Equity Buffer ETF - August

TENJBiShares Large Cap 10% Target Buffer Jun ETF

In short

FAUG First Trust's August-reset buffer fund absorbs the first 10% of a one-year price decline in the S&P 500 tracker it follows, and caps your upside in exchange. Running since 2019, an early arrival in what is now a crowded category.

TENJ No data

Stated mandate

FAUG The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust, before fees and expenses, up to a predetermined cap while buffering the first 10% of the underlying ETF's losses during the stated outcome period.

TENJ No data

Why people hold it

  • FAUG The trade is spelled out: first 10% of the reference ETF's price loss absorbed, upside stopped at a cap, dividends left out, clock reset every August.
  • One slot in a full twelve-fund calendar (FJAN through FDEC), so an investor can enter on the August cycle or spread entries across reset months.
  • Live since 2019 and reset every August since, so the mechanics have run through real markets rather than model assumptions.

TENJ No data

Worth knowing

  • FAUG At 0.85% a year it sits at the pricier end of the buffer shelf: ZALT runs 0.69% and the laddered BUFB 0.10% for related takes on the same idea.
  • Buffer and cap are set for the whole outcome period. Buy mid-period and you inherit whatever cushion and headroom remain, not the headline terms.
  • Trades lightly next to the category's busiest names, so spreads can be part of the entry cost.

TENJ No data

Full FAUG profile⁠

Full TENJ profile⁠

FAUG vs TENJ 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.

FAUG vs TENJ Cost

Overpaying FAUG vs TENJ

$5,663

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

  • FAUG 0.85%

    $16,199

  • TENJ 0.53%

    $10,536

$10,000
30 years

Cost over time

  • FAUG 0.85%
  • TENJ 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FAUG $16,199TENJ $10,536

Year by year

YearFAUGTENJOverpaying
10$1,508$953$555
20$5,706$3,658$2,048
30$16,199$10,536$5,663

Expense ratio

  • 0.85%FAUG
  • 0.53%TENJ, cheaper
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

TENJ 11th cheapest of 77 funds

FAUG 60th cheapest of 77 funds

FAUG vs TENJ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
FAUG None
TENJ No data
Last payment
FAUG No data
TENJ $0.07
Ex-dividend
FAUG No data
TENJ Dec 23, 2025
Paid on
FAUG No data
TENJ Dec 29, 2025
Frequency
FAUG No data
TENJ Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

FAUGAll FAUG payments⁠

No distribution history available.

TENJIrregular · 1 paymentAll TENJ payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.07. Use the arrow keys to read each point.$0$0.052026YTD

FAUG vs TENJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FAUG 7.3%TENJ 8.6%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
FAUG 1.45TENJ 0.90since Nov 2025
Worst fallMax drawdown, 5 years
FAUG −15.9%TENJ −5.5%since Oct 2025
Market sensitivityBeta, 5 years
FAUG 0.63TENJ 0.63Same figure. Both funds show the same value, so neither comes out ahead.

FAUG and TENJ in the news

All news⁠

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