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JUNC vs ZALT

Corgi U.S. Equities 10% Structured Buffer ETF - June Series

JUNCCCboe

Innovator U.S. Equity 10 Buffer ETF - Quarterly

ZALTACboe

Overlap

Expense ratio

JUNC −0.39pt a year

JUNC0.30%ZALT0.69%

Avg volume · 30D

ZALT 210.9×the volume

JUNC655ZALT138K

JUNC vs ZALT Performance

Jul 31, 2026 – Oct 30, 2026

+1.0%JUNC+1.3%ZALT

Jul 31, 2026 to Oct 30, 2026. JUNC +1.0%. ZALT +1.3%. Use the arrow keys to read each point.0%0.5%2%2.5%3%Jul 2026Sep 2026Oct 2026
Expense ratio
JUNC 0.30%, better
ZALT 0.69%
Fund size
JUNC $1M
ZALT $840M
1Y total return
JUNC No data
ZALT +7.1%
Holdings
JUNC 4
ZALT 503
Avg volume (30D)
JUNC 655 sh
ZALT 138K sh, better
NAV per share
JUNC $25.24
ZALT $34.50
52W range

ETF.net Grade

JUNC: Cost 97, Risk 43, Mission not scored, Tradability 3, Holdings not scored, Durability 3. ZALT: Cost 82, Risk 79, Mission 80, Tradability 65, Holdings 90, Durability 61.
Pillar letters and Scores for JUNC, ZALT, with each pillar’s weight
PillarJUNCZALT
Cost30% weightA97HigherA82
Mission25% weightNot scoredA80
Risk15% weightC43A79Higher
Tradability15% weightF3B65Higher
Holdings10% weightNot scoredA90
Durability5% weightF3B61Higher

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. JUNC and ZALT 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 ›

ZALT ranks 1st and JUNC 57th 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 57CJULCCorgi U.S. Equities 10% Structured Buffer ETF - July SeriesScore 40
  4. Rank 57CJUNCCorgi U.S. Equities 10% Structured Buffer ETF - June SeriesScore 40
  5. Rank 57CPQVPGIM S&P 500 Quarterly Buffer 5 ETFScore 40

Our read on each fund

ETF.net Research

JUNCCCorgi U.S. Equities 10% Structured Buffer ETF - June Series

ZALTAInnovator U.S. Equity 10 Buffer ETF - Quarterly

In short

JUNC No data

ZALT The defined-outcome trade on a three-month clock: ZALT follows SPY up to a cap and buffers the first 10% of a decline, then resets both every quarter. Four fresh caps a year, at a fee under the shallow-buffer median.

Stated mandate

JUNC No data

ZALT The fund seeks to follow SPY's return up to a predetermined cap while providing a 10% downside buffer over each three-month outcome period. It may be held indefinitely, with the defined outcomes resetting at the end of each period.

Why people hold it

JUNC No data

  • ZALT Resets on a quarterly clock: a new cap is set the first day of each calendar quarter and the 10% buffer starts over. Can be held indefinitely, no rolling into a new ticker.sec.govcboe.com
  • At 0.69% it undercuts the going rate for 10% buffer funds on the S&P 500, where peers like SIXZ, JULT and BJUN charge 0.74% to 0.79%.
  • The cushion is built from FLEX options on SPY itself, so the thing you are hedged against is the same fund most investors already watch.sec.gov
  • Sits among the stronger implementations in its shallow-buffer peer group on cost and ease of trading.

Worth knowing

JUNC No data

  • ZALT Three months of upside buys a lower ceiling. Each quarter's cap is priced off three-month options, so it lands well below what a 12-month buffer fund can offer.sec.gov
  • Buy mid-quarter and you inherit whatever cap and buffer are left, not the full 10%. The prospectus says so plainly.sec.gov
  • The fee comes out of the cushion: with the 0.69% fee counted, the prospectus puts the net buffer at 9.82% per period. No distributions so far, so return shows up in price.sec.gov

Full JUNC profile⁠

Full ZALT profile⁠

JUNC vs ZALT 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.

JUNC vs ZALT Cost

Overpaying ZALT vs JUNC

$7,280

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

  • JUNC 0.30%

    $6,149

  • ZALT 0.69%

    $13,429

$10,000
30 years

Cost over time

  • JUNC 0.30%
  • ZALT 0.69%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ZALT $13,429JUNC $6,149

Year by year

YearJUNCZALTOverpaying
10$545$1,232$687
20$2,113$4,697$2,584
30$6,149$13,429$7,280

Expense ratio

  • 0.30%JUNC, cheaper
  • 0.69%ZALT
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

JUNC 2nd cheapest of 77 funds

ZALT 14th cheapest of 77 funds

JUNC vs ZALT Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
JUNC None
ZALT None

Distribution history

JUNCAll JUNC payments⁠

No distribution history available.

ZALTAll ZALT payments⁠

No distribution history available.

JUNC vs ZALT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JUNC No dataZALT 3.8%
Return per unit of riskSharpe ratio, 3 years
JUNC No dataZALT 1.50
Worst fallMax drawdown, 5 years
JUNC No dataZALT −8.2%since Oct 2023
Market sensitivityBeta, 5 years
JUNC 0.61ZALT 0.29

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